China Merchants Bank Co Ltd operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Merchants Bank Co Ltd with three other
companies in this sector in CHINA :
Shanghai Pudong Development Bank
sales of 354.50 billion Chinese Renmimbi [US$50.13 billion]
of which 70%
was Head office),
POSTAL SAVINGS BANK of CHINA Co Ltd
(440.02 billion Chinese Renmimbi [US$62.23 billion]
of which 35%
was Treasury), and
Industrial Bank Co Ltd
(351.33 billion Chinese Renmimbi [US$49.69 billion]
of which 21%
During the year ended December of 2019, sales at
China Merchants Bank Co Ltd were 395.78 billion Chinese Renmimbi (US$55.97 billion).
increase of 8.7%
versus 2018, when the company's sales were 364.18 billion Chinese Renmimbi.
This was the third consecutive year of growth at China Merchants Bank Co Ltd.
Sales of Retail Finance Business saw an increase
15.0% in 2019, from
125.84 billion Chinese Renmimbi to 144.72 billion Chinese Renmimbi.
Not all segments of China Merchants Bank Co Ltd experienced an increase in sales in 2019:
sales of Other Business fell 4.0% to 11.52 billion Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).