Projected Income Statement: China Construction Bank Corporation

Forecast Balance Sheet: China Construction Bank Corporation

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt - - - - - - - -
Change - - - - - - - -
Announcement Date 29/03/22 29/03/23 28/03/24 28/03/25 27/03/26 - - -
Estimates

Cash Flow Forecast: China Construction Bank Corporation

Fiscal Period: December 2020 2021 2022 2023 2024 2025
CAPEX 1 25,743 21,235 23,751 25,093 29,172 23,564
Change - -17.51% 11.85% 5.65% 16.26% -19.22%
Free Cash Flow (FCF) 1 - - - - - -
Change - - - - - -
Announcement Date 27/03/21 29/03/22 29/03/23 28/03/24 28/03/25 27/03/26
1CNY in Million
Estimates

Forecast Financial Ratios: China Construction Bank Corporation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

         
EBITDA Margin (%) - - - - - - - - -
EBIT Margin (%) - 71.34% 70.68% 70.47% 69.29% 69.33% 70.23% 69.5% 69.5%
EBT Margin (%) - 49.48% 50.39% 52.22% 52.76% 51.38% 50.49% 49.3% 48.35%
Net margin (%) - 39.56% 42.12% 43.93% 45.08% 45.74% 44.18% 43.67% 43.28%
FCF margin (%) - - - - - - - - -
FCF / Net Income (%) - - - - - - - - -

Profitability

         
ROA - 1.04% 1% 0.91% 0.85% 0.79% 0.74% 0.73% 0.73%
ROE - 12.22% 12.27% 11.56% 10.69% 10.04% 9.43% 9.22% 9.24%

Financial Health

         
Leverage (Debt/EBITDA) - - - - - - - - -
Debt / Free cash flow - - - - - - - - -

Capital Intensity

         
CAPEX / Current Assets (%) - - - - - - - - -
CAPEX / EBITDA (%) - - - - - - - - -
CAPEX / FCF (%) - - - - - - - - -

Items per share

         
Cash flow per share 1 - - - - - - - - -
Change - - - - - - - - -
Dividend per Share 1 - 0.364 0.389 0.4 0.403 0.3887 0.4008 0.416 0.4436
Change - - 6.87% 2.83% 0.75% -3.55% 3.1% 3.81% 6.63%
Book Value Per Share 1 - 9.95 10.87 11.8 12.65 13.24 14.35 15.46 16.56
Change - - 9.25% 8.56% 7.2% 4.66% 8.38% 7.74% 7.1%
EPS 1 - 1.19 1.28 1.31 1.31 1.3 1.314 1.376 1.456
Change - - 7.56% 2.34% 0% -0.76% 1.05% 4.72% 5.87%
Nbr of stocks (in thousands) - 25,00,10,977 25,00,10,977 25,00,10,977 25,00,10,977 26,16,00,381 26,16,00,381 26,16,00,381 26,16,00,381
Announcement Date - 29/03/22 29/03/23 28/03/24 28/03/25 27/03/26 - - -
1CNY
Estimates
2026 *2027 *
P/E ratio 5.86x 5.59x
PBR 0.54x 0.5x
EV / Sales 2.62x 2.47x
Yield 5.21% 5.41%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
-
Global
-
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
17
Last Close Price
7.692CNY
Average target price
9.127CNY
Spread / Average Target
+18.65%

Quarterly revenue - Rate of surprise

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  4. Financials China Construction Bank Corporation