Business description: Industrial and Commercial Bank of China Limited

Industrial and Commercial Bank of China Ltd is a China-based company principally engaged in banking and related financial services. The Company operates its businesses through four segments. The Corporate Banking segment mainly includes the provision of financial products and services to corporations, government agencies and financial institutions. The Personal Banking segment mainly includes the provision of financial products and services to individual customers. The Treasury Operations segment mainly includes the money market transactions, investment securities, foreign exchange transactions and the holding of derivative positions for its own accounts or on behalf of customers. The Other segment mainly includes the assets, liabilities, income and expenses that are not directly attributable or cannot be allocated to a segment on a reasonable basis. The Company mainly operates its businesses in the domestic and overseas markets.

Number of employees: 4,15,159

Sales by Activity: Industrial and Commercial Bank of China Limited

Fiscal Period: December20202021202220232024

Corporate Banking

23TCr - 26TCr 29TCr 34TCr

Personal Banking

28TCr 32TCr 32TCr 27TCr 22TCr

Treasury Operations

8.29TCr 10TCr 6.96TCr 9.3TCr 9.12TCr

Others

389.3Cr 382.3Cr 501Cr 628.2Cr 246.8Cr

Corporate

- 24TCr - - -
See all business segments

Geographical breakdown of sales: Industrial and Commercial Bank of China Limited

Fiscal Period: December20202021202220232024

Bohai Rim

11TCr 10TCr 13TCr 14TCr 14TCr

Yangtze River Delta

11TCr 12TCr 13TCr 13TCr 12TCr

Western China

10TCr 10TCr 10TCr 11TCr 9.44TCr

Central China

7.25TCr 8.03TCr 9.42TCr 9.19TCr 8.31TCr

Pearl River Delta

9.07TCr 8.58TCr 8.65TCr 8.73TCr 7.07TCr

Overseas and Other

4.6TCr 6.33TCr 5.5TCr 5.6TCr 6.7TCr

Head Office

5.65TCr 9.04TCr 3.06TCr 1.03TCr 5.9TCr

Northeastern China

1.47TCr 1.42TCr 2.49TCr 2.44TCr 2.46TCr

Eliminations

-10Cr -6.9Cr -6.8Cr -5.8Cr -3.3Cr
See all geographic segments

Executive Committee: Industrial and Commercial Bank of China Limited

Manager TitleAgeSince
President 53 01/05/2024
Corporate Officer/Principal 59 24/09/2021
Corporate Officer/Principal 57 01/12/2023
Corporate Secretary - 07/08/2024
Corporate Officer/Principal 48 01/01/2018
See INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED governance

Composition of the Board of Directors: Industrial and Commercial Bank of China Limited

Director TitleAgeSince
Director/Board Member 61 01/06/2016
Director/Board Member 58 01/08/2019
Director/Board Member 54 01/01/2020
Chairman 59 01/02/2024
Director/Board Member 59 08/07/2021
Director/Board Member 59 01/01/2022
Director/Board Member 60 25/11/2021
Director/Board Member 70 01/09/2022
Director/Board Member 59 23/06/2022
Director/Board Member 71 01/08/2024
Composition of the Board of Directors

Shareholders: Industrial and Commercial Bank of China Limited

NameEquities%Valuation
18.09 %
15,69,92,82,449 18.09 % 12 439 M $
National Council for Social Security Fund
7.994 %
6,93,80,13,180 7.994 % 5 497 M $
Temasek Holdings Pte Ltd. (Investment Management)
4.961 %
4,30,54,19,305 4.961 % 3 411 M $
BlackRock Fund Advisors
1.855 %
1,60,96,30,140 1.855 % 1 275 M $
BlackRock Advisors (UK) Ltd.
1.112 %
96,49,06,507 1.112 % 765 M $
NameEquities%Valuation
UBS Asset Management (Singapore) Ltd.
15.9 %
2,30,50,000 15.9 % 2 258 M $
NameEquities%Valuation
China Investment Corp. (Investment Company)
46.37 %
1,25,01,85,82,640 46.37 % 132 B $
Government of China
41.16 %
1,10,98,48,06,678 41.16 % 118 B $
National Council For Social Security Fund (Investment Company)
4.574 %
12,33,16,45,186 4.574 % 13 062 M $
China Securities Finance Corp. Ltd.
0.8962 %
2,41,61,31,540 0.8962 % 2 559 M $
China Asset Management Co., Ltd.
0.3783 %
1,01,98,81,720 0.3783 % 1 080 M $
NameEquities%Valuation
RhumbLine Advisers LP
0.00208 %
90,252 0.00208 % 1 M $
Generali Investments CEE Investicni Spolecnost AS
0.001302 %
56,500 0.001302 % 895 356 $
PNC Investments LLC
0.000011 %
480 0.000011 % 7 607 $
First Horizon Advisors, Inc.
0.000006 %
241 0.000006 % 3 819 $
List of INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED shareholders

Holdings: Industrial and Commercial Bank of China Limited

NameEquities%Valuation
32,51,48,539 19.6% 4,16,29,61,283 $
40,62,76,871 7.48% 96,84,17,801 $
8,00,20,040 6.44% 37,44,43,375 $
79,84,28,227 92.84% 33,38,70,747 $
1,96,07,84,313 5.54% 31,97,25,490 $
78,67,231 1.27% 20,01,52,977 $
7,83,32,468 7.24% 9,69,66,195 $
13,78,47,870 2.84% 5,61,74,386 $
5,74,37,792 3.66% 3,70,33,591 $

Company details: Industrial and Commercial Bank of China Limited

Industrial & Commercial Bank of China Ltd.

No. 55 Fuxingmennei Avenue Xicheng District

100140, Beijing

+86 10 6610 6114

http://icbclondon.com
address Industrial and Commercial Bank of China Limited(1398)

Group companies: Industrial and Commercial Bank of China Limited

NameCategory and Sector
Regional Banks
Regional Banks
Major Banks
Skysea Finance Co. Ltd.
Regional Banks
See all subsidiaries

Other Banks

Change 5d. change 1-year change 3-years change Capi.($)
+0.33%-3.00%+42.03%+43.69% 36TCr
-2.16%-1.02%+40.10%+151.34% 81TCr
-2.29%-0.91%+17.45%+50.08% 37TCr
+0.49%+1.10%+53.45%+58.77% 28TCr
-0.39%+0.90%+39.33%+104.63% 27TCr
+0.65%+1.08%+33.71%+63.07% 24TCr
+0.55%+3.15%+33.45%+70.79% 21TCr
+0.83%-1.81%+41.76%+93.63% 19TCr
+0.30%+1.48%+21.22%+41.69% 19TCr
+0.70%-0.53%+22.38%+43.25% 18TCr
Average -0.11%+0.94%+34.49%+72.09% 30.93TCr
Weighted average by Cap. -0.61%+1.38%+35.78%+85.67%
See all sector performances
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
16
Last Close Price
5.602CNY
Average target price
5.989CNY
Spread / Average Target
+6.90%
Consensus

Quarterly revenue - Rate of surprise

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