Want to see HK:1398 full AI Analyst Report?
Industrial and Commercial Bank of China (1398) Ratios
Industrial and Commercial Bank of China Ratios
HK:1398's free cash flow for Q2 2026 was $-712.09B. For the 2026 fiscal year, HK:1398's free cash flow was decreased by $-8.33B and operating cash flow was $-703.76B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.24 | 0.18 | 9.89 | 9.20 | 10.16 |
| Quick Ratio | 1.24 | 0.18 | 9.89 | 9.20 | 10.16 |
| Cash Ratio | 0.92 | 0.12 | 9.89 | 9.20 | 10.16 |
| Solvency Ratio | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Operating Cash Flow Ratio | 0.11 | 0.01 | 2.65 | 2.73 | 0.87 |
| Short-Term Operating Cash Flow Coverage | 0.11 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Current Asset Value | $ -44.55T | $ -37.86T | $ -35.62T | $ -31.35T | $ -27.70T |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.19 | 0.05 | 0.04 | 0.02 | 0.04 |
| Debt-to-Equity Ratio | 2.58 | 0.65 | 0.51 | 0.26 | 0.39 |
| Debt-to-Capital Ratio | 0.72 | 0.40 | 0.34 | 0.21 | 0.28 |
| Long-Term Debt-to-Capital Ratio | 0.61 | 0.40 | 0.27 | 0.21 | 0.20 |
| Financial Leverage Ratio | 13.46 | 12.30 | 11.90 | 11.33 | 10.80 |
| Debt Service Coverage Ratio | 0.08 | 0.51 | -0.08 | 0.68 | 0.81 |
| Interest Coverage Ratio | 0.61 | 0.62 | 0.65 | 0.84 | 1.04 |
| Debt to Market Cap | 5.10 | 1.49 | 1.07 | 0.71 | 0.62 |
| Interest Debt Per Share | 30.73 | 9.51 | 7.13 | 4.13 | 4.82 |
| Net Debt to EBITDA | 14.89 | -4.72 | 0.00 | -8.35 | -6.38 |
| Profitability Margins | |||||
| Gross Profit Margin | 54.47% | 100.00% | 127.57% | 131.39% | 100.00% |
| EBIT Margin | 26.72% | 63.88% | -3.11% | 64.05% | 64.55% |
| EBITDA Margin | 28.97% | 69.11% | 0.00% | 69.17% | 69.31% |
| Operating Profit Margin | 27.02% | 73.98% | 74.13% | 74.15% | 74.45% |
| Pretax Profit Margin | 26.72% | 63.88% | 64.23% | 64.05% | 64.55% |
| Net Profit Margin | 23.46% | 55.40% | 55.41% | 54.46% | 52.92% |
| Continuous Operations Profit Margin | 23.30% | 55.57% | 55.58% | 54.60% | 53.20% |
| Net Income Per EBT | 87.82% | 86.73% | 86.26% | 85.03% | 81.98% |
| EBT Per EBIT | 98.88% | 86.34% | 86.65% | 86.38% | 86.70% |
| Return on Assets (ROA) | 0.67% | 0.75% | 0.81% | 0.91% | 0.99% |
| Return on Equity (ROE) | 9.03% | 9.22% | 9.69% | 10.33% | 10.69% |
| Return on Capital Employed (ROCE) | 0.84% | 4.94% | 1.10% | 1.26% | 1.41% |
| Return on Invested Capital (ROIC) | 0.67% | 4.30% | 0.70% | 3.22% | 3.00% |
| Return on Tangible Assets | 0.67% | 0.75% | 0.81% | 0.91% | 0.99% |
| Earnings Yield | 17.83% | 20.98% | 28.29% | 28.00% | 26.75% |
| Efficiency Ratios | |||||
| Receivables Turnover | 7.24 | 0.00 | 0.00 | 0.00 | 0.00 |
| Payables Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 4.83 | 2.20 | 2.01 | 2.27 | 2.28 |
| Asset Turnover | 0.03 | 0.01 | 0.01 | 0.02 | 0.02 |
| Working Capital Turnover Ratio | -0.10 | -0.05 | 0.15 | 0.17 | 0.16 |
| Cash Conversion Cycle | 50.40 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Sales Outstanding | 50.40 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Cycle | 50.40 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 1.28 | 1.63 | 3.81 | 3.87 | 0.99 |
| Free Cash Flow Per Share | 1.15 | 1.53 | 3.77 | 3.83 | 0.93 |
| Dividend Paid and CapEx Coverage Ratio | 2.43 | 2.72 | 10.30 | 10.56 | 2.36 |
| Capital Expenditure Coverage Ratio | 9.59 | 16.28 | 97.76 | 102.43 | 16.51 |
| Operating Cash Flow Coverage Ratio | 0.04 | 0.22 | 0.75 | 1.54 | 0.28 |
| Operating Cash Flow to Sales Ratio | 0.30 | 0.88 | 2.16 | 2.12 | 0.55 |
| Free Cash Flow Yield | 20.34% | 31.17% | 109.02% | 107.85% | 26.04% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 5.76 | 4.75 | 3.53 | 3.57 | 3.74 |
| Price-to-Sales (P/S) Ratio | 1.32 | 2.64 | 1.96 | 1.94 | 1.98 |
| Price-to-Book (P/B) Ratio | 0.51 | 0.44 | 0.34 | 0.37 | 0.40 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 4.92 | 3.21 | 0.92 | 0.93 | 3.84 |
| Price-to-Operating Cash Flow Ratio | 4.40 | 3.01 | 0.91 | 0.92 | 3.61 |
| Price-to-Earnings Growth (PEG) Ratio | -1.19 | 0.93 | 3.43 | 1.70 | 0.36 |
| Enterprise Value Multiple | 19.43 | -0.89 | 0.00 | -5.54 | -3.53 |
| Enterprise Value | 8.61T | -407.90B | -2.11T | -2.54T | -1.61T |
| EV to EBITDA | 19.43 | -0.89 | 0.00 | -5.54 | -3.53 |
| EV to Sales | 5.63 | -0.62 | -3.22 | -3.83 | -2.44 |
| EV to Free Cash Flow | 21.03 | -0.75 | -1.51 | -1.83 | -4.75 |
| EV to Operating Cash Flow | 18.84 | -0.70 | -1.49 | -1.81 | -4.46 |
| Tangible Book Value Per Share | 11.18 | 11.09 | 10.10 | 9.59 | 8.93 |
| Shareholders’ Equity Per Share | 11.16 | 11.14 | 10.11 | 9.62 | 8.97 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.13 | 0.13 | 0.13 | 0.15 | 0.18 |
| Revenue Per Share | 4.29 | 1.85 | 1.77 | 1.83 | 1.81 |
| Net Income Per Share | 1.01 | 1.03 | 0.98 | 0.99 | 0.96 |
| Tax Burden | 0.88 | 0.87 | 0.86 | 0.85 | 0.82 |
| Interest Burden | 1.00 | 1.00 | -20.66 | 1.00 | 1.00 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.10 | 0.18 | 0.14 | 0.35 | 0.34 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.23 | 1.58 | 3.88 | 3.89 | 1.03 |
Currency in CNY
