China Construction Bank Corporation logo

China Construction Bank Corporation

0939.HK

HKSEFinancial ServicesBanks - Diversified

Latest quote

HK$9.175

−HK$0.07 · -0.76%

Aug 24, 4:08 PM HKT

0939.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

China Construction Bank Corporation delivers a comprehensive range of banking and financial services to individual and corporate clients, both within the People's Republic of China and across international markets. The institution's operations are segmented into Corporate Banking, Personal Banking, Treasury Business, and other categories. CCB's extensive offerings include a diverse array of deposit products, such as foreign currency, RMB, and various corporate and individual account types, alongside a broad spectrum of loan products, from personal financing (like housing and auto loans) to commercial lending for small and medium-sized enterprises (SMEs), traditional credit, and specialized facilities. Beyond core banking, the company provides credit cards, personal gold investment options (physical and account-based), foreign exchange services, access to government and savings bonds, securities accounts, and comprehensive wealth management solutions. Its service portfolio further encompasses transactional services such as collection, payroll processing, third-party payments, insurance agency, and remittances. Additionally, CCB offers international settlement and financing, financial institution services, securities and fund settlement, guarantee-based solutions, consulting, factoring, fund custody, and a full suite of e-banking services. It also caters to specialized institutional requirements, collaborating with government agencies, social security funds, and various banking, securities, and insurance partners. Founded in 1954 and headquartered in Beijing, the People's Republic of China, China Construction Bank Corporation operates through a vast network of 14,741 banking outlets.

Industry
Banks - Diversified
Sector
Financial Services
Headquarters
CN
CEO
Zhang Jianguo
Listed since
Oct 27, 2005
Employees
378,344

Market position

Day range

Current HK$9.175

52-week range

Current HK$9.175

Open
HK$9.14
Previous close
HK$9.245
Volume
239.55M
0.97× average
Average volume
247.61M
Average daily volume
Market cap
2.21T HKD
Beta
0.23
Market reference 1
50-day average
HK$8.6252
+6.37% above average
200-day average
HK$8.2833
+10.77% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
8.75T CNY
P/E (TTM)
8.2×
P/B (TTM)
0.77×
P/S (TTM)
1.93×
EV / EBITDA
22.4×
Earnings yield
19.12%
Free cash flow yield
-2.96%
Dividend yield
3.65%

Profitability & efficiency

Gross margin
58.42%
Operating margin
36.94%
Net margin
28.72%
Return on equity
9.37%
Return on assets
0.72%
Return on invested capital
0.72%

Financial health

Debt / equity
2.77×
Current ratio
0.5×
Altman Z-score
0.17
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends246%166%85%5%Gross margin, FY2021: 100.00%Gross margin, FY2022: 100.00%Gross margin, FY2023: 226.24%Gross margin, FY2024: 123.31%Gross margin, FY2025: 46.47%Operating margin, FY2021: 45.83%Operating margin, FY2022: 110.83%Operating margin, FY2023: 66.55%Operating margin, FY2024: 65.10%Operating margin, FY2025: 27.96%Net margin, FY2021: 36.77%Net margin, FY2022: 39.54%Net margin, FY2023: 53.45%Net margin, FY2024: 55.21%Net margin, FY2025: 24.90%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.00%. Gross margin FY2022 100.00%. Gross margin FY2023 226.24%. Gross margin FY2024 123.31%. Gross margin FY2025 46.47%. Operating margin FY2021 45.83%. Operating margin FY2022 110.83%. Operating margin FY2023 66.55%. Operating margin FY2024 65.10%. Operating margin FY2025 27.96%. Net margin FY2021 36.77%. Net margin FY2022 39.54%. Net margin FY2023 53.45%. Net margin FY2024 55.21%. Net margin FY2025 24.90%.

Income trends

Revenue

1.33T CNY+118.14%

Operating income

370.77B CNY-6.31%

Net income

330.13B CNY-1.62%
Income trends across reported periods1.43T CNY1.02T CNY609.56B CNY200.16B CNYRevenue, FY2021: 822.64B CNYRevenue, FY2022: 821.28B CNYRevenue, FY2023: 622.34B CNYRevenue, FY2024: 607.87B CNYRevenue, FY2025: 1.33T CNYOperating income, FY2021: 377B CNYOperating income, FY2022: 910.24B CNYOperating income, FY2023: 414.17B CNYOperating income, FY2024: 395.74B CNYOperating income, FY2025: 370.77B CNYNet income, FY2021: 302.51B CNYNet income, FY2022: 324.73B CNYNet income, FY2023: 332.65B CNYNet income, FY2024: 335.58B CNYNet income, FY2025: 330.13B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 822.64B CNY. Revenue FY2022 821.28B CNY. Revenue FY2023 622.34B CNY. Revenue FY2024 607.87B CNY. Revenue FY2025 1.33T CNY. Operating income FY2021 377B CNY. Operating income FY2022 910.24B CNY. Operating income FY2023 414.17B CNY. Operating income FY2024 395.74B CNY. Operating income FY2025 370.77B CNY. Net income FY2021 302.51B CNY. Net income FY2022 324.73B CNY. Net income FY2023 332.65B CNY. Net income FY2024 335.58B CNY. Net income FY2025 330.13B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue1.33T CNY607.87B CNY622.34B CNY821.28B CNY822.64B CNY
Cost of goods sold709.79B CNY651.68B CNY−785.67B CNY
Gross profit616.23B CNY749.57B CNY1.41T CNY821.28B CNY822.64B CNY
Selling, general, and administrative138.64B CNY95.05B CNY208.18B CNY213.22B CNY209.86B CNY
Operating expenses245.78B CNY365.19B CNY208.18B CNY285.51B CNY276.76B CNY
Interest income1.13T CNY1.24T CNY1.25T CNY1.17T CNY1.06T CNY
Interest expense565.46B CNY651.68B CNY630.13B CNY526.84B CNY451.91B CNY
Depreciation and amortization20.16B CNY30.23B CNY24.78B CNY25.08B CNY27.3B CNY
Operating income370.77B CNY395.74B CNY414.17B CNY910.24B CNY377B CNY
Net income330.13B CNY335.58B CNY332.65B CNY324.73B CNY302.51B CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 5 misses, 2 met estimates
Average EPS surprise
-5.86%
11 comparable reports
Latest EPS result
0.38
Estimate 0.39 · Miss by 2.95%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.430.380.330.28Q4 '24BeatQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26Estimate
Q4 2024, reported Oct 30, 2024: actual 0.35, estimate 0.34, surprise +2.94%, Beat. Q1 2025, reported Mar 28, 2025: actual 0.325, estimate 0.35, surprise -7.17%, Miss. Q2 2025, reported Apr 28, 2025: actual 0.352, estimate 0.384, surprise -8.32%, Miss. Q3 2025, reported Aug 29, 2025: actual 0.341, estimate 0.34, surprise +0.29%, Beat. Q4 2025, reported Oct 30, 2025: actual 0.383, estimate 0.366, surprise +4.48%, Beat. Q1 2026, reported Mar 27, 2026: actual 0.345, estimate 0.334, surprise +3.32%, Beat. Q2 2026, reported Apr 29, 2026: actual 0.375, estimate 0.386, surprise -2.95%, Miss. Q3 2026, reported Aug 28, 2026: actual —, estimate 0.358, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates400.59B319.07B237.54B156.02BQ4 '24BeatQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Oct 30, 2024: actual 203.1B HKD, estimate 184.7B HKD, surprise +9.96%, Beat. Q1 2025, reported Mar 28, 2025: actual 192.11B HKD, estimate 172.88B HKD, surprise +11.12%, Beat. Q2 2025, reported Apr 28, 2025: actual 202.82B HKD, estimate 172.88B HKD, surprise +17.32%, Beat. Q3 2025, reported Aug 29, 2025: actual 383.72B HKD, estimate 178.48B HKD, surprise +114.99%, Beat. Q4 2025, reported Oct 30, 2025: actual 190.64B HKD, estimate 195.53B HKD, surprise -2.50%, Miss. Q1 2026, reported Mar 27, 2026: actual 200.97B HKD, estimate 194.21B HKD, surprise +3.48%, Beat. Q2 2026, reported Apr 29, 2026: actual 234.58B HKD, estimate 229.72B HKD, surprise +2.12%, Beat. Q3 2026, reported Aug 28, 2026: actual —, estimate 244.06B HKD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.6368

2025 complete year+62.9% since 2021

2026 partial: HK$0.2343

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jul 2, 2026

HK$0.2343

Semi-Annual

Record Jul 3, 2026 · Payment Aug 21, 2026

Dividend

Ex-dividend Dec 3, 2025

HK$0.2047

Semi-Annual

Record Dec 4, 2025 · Payment Jan 26, 2026

Dividend

Ex-dividend Apr 30, 2025

HK$0.2218

Semi-Annual

Record May 2, 2025 · Payment May 28, 2025

Dividend

Ex-dividend Jan 2, 2025

HK$0.2103

Semi-Annual

Record Jan 3, 2025 · Payment Jan 27, 2025

Dividend

Ex-dividend Jul 4, 2024

HK$0.4384

Annual

Record Jul 5, 2024 · Payment Aug 2, 2024

Dividend

Ex-dividend Jul 6, 2023

HK$0.422

Annual

Record Jul 7, 2023 · Payment Aug 4, 2023

0939.HK peers

ETFs holding 0939.HK

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research 0939.HK

research.disclaimer