Agricultural Bank Of China Limited operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Agricultural Bank Of China Limited with three other
companies in this sector in CHINA :
China Construction Bank Corp
(2020
sales of 1.18 trillion Chinese Renmimbi [US$182.36 billion]
of which 28%
was Personal Banking),
Industrial and Commercial Bank of China Ltd
(1.25 trillion Chinese Renmimbi [US$192.93 billion]
of which 32%
was Corporate Banking), and
Bank of China Ltd
(924.83 billion Chinese Renmimbi [US$143.03 billion]
of which 24%
was Personal Banking).
Sales Analysis.
During the first
quarter of 2021, sales at Agricultural Bank Of China Limited totalled
301.55 billion Chinese Renmimbi.
This is
an increase of 7.7%
from the 280.11 billion Chinese Renmimbi in sales at the company during the first quarter of 2020.
During the previous 7 quarters, sales at Agricultural Bank Of China Limited have increased compared with the same quarter in the previous year.
Agricultural Bank Of China Limited reported sales of 1.05 trillion Chinese Renmimbi (US$162.37 billion)
for the
year ending
December of 2020.
This
represents
an
increase of 4.2%
versus 2019, when the company's sales were 1.01 trillion Chinese Renmimbi.
This was the fourth straight year of sales growth at Agricultural Bank Of China Limited.
Sales of Personal Banking saw an increase
that was more than double the company's growth rate: sales were up
15.7% in 2020, from
239.96 billion Chinese Renmimbi to 277.60 billion Chinese Renmimbi.
Agricultural Bank Of China Limited also saw significant increases in sales in
Other (up 13.3% to 43.70 billion Chinese Renmimbi)
.
Not all segments of Agricultural Bank Of China Limited experienced an increase in sales in 2020:
sales of Corporate Banking fell 4.0% to 260.85 billion Chinese Renmimbi.
Agricultural Bank Of China Limited also experienced decreases in sales in
Treasury Operations (down 2.4% to 77.18 billion Chinese Renmimbi)
.