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China Minsheng Banking
(1988)
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Rating:60Neutral
Price Target:
HK$4.00
â–˛(21.21% Upside)
Action:Reiterated
Date:08/30/26
The score is driven by attractive valuation (low P/E and high dividend yield), offset by meaningful balance-sheet leverage risk and cash-flow volatility in the financial profile, alongside weak technical momentum with the stock trading below major moving averages and negative MACD.
Positive Factors
TTM earnings rebound
The strong TTM revenue rebound and continued profitability show that the bank retains meaningful earnings capacity across its commercial banking activities. Sustained positive net income provides an internal funding base for operations and supports resilience over the next several quarters.
Negative Factors
Elevated leverage
The sharp increase in debt-to-equity materially raises sensitivity to credit and market shocks while reducing balance-sheet flexibility. Higher leverage can constrain future capital allocation and make it harder for the bank to absorb deterioration in asset quality or funding conditions.
Read all positive and negative factors
Positive Factors
Negative Factors
TTM earnings rebound
The strong TTM revenue rebound and continued profitability show that the bank retains meaningful earnings capacity across its commercial banking activities. Sustained positive net income provides an internal funding base for operations and supports resilience over the next several quarters.
Read all positive factors
China Minsheng Banking (1988) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$182.24B
Dividend Yield5.52%
Average Volume (3M)26.62M
Price to Earnings (P/E)5.7
Beta (1Y)0.59
Revenue Growth-4.88%
EPS Growth-9.64%
CountryHK
Employees61,658
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)0.84
Shares Outstanding8,320,296,000
10 Day Avg. Volume43,201,797
30 Day Avg. Volume26,621,804
Financial Highlights & Ratios
PEG Ratio-0.56
Price to Book (P/B)0.25
Price to Sales (P/S)0.64
P/FCF Ratio-1.03
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.66
Revenue Forecast (FY)HK$146.87B
China Minsheng Banking Business Overview & Revenue Model
Company Description
China Minsheng Banking Corp., Ltd. is a prominent financial services provider in the People's Republic of China, serving a broad spectrum of clients including individuals, micro and small businesses, corporate entities, government organizations, a...
How the Company Makes Money
China Minsheng Banking primarily earns revenue through standard commercial banking income streams. (1) Net interest income: The bank collects interest and fee-like yields on loans and other interest-earning assets (such as investments in debt secu...
China Minsheng Banking Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
45
Neutral
Cash Flow
52
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 317.62B | 265.59B | 288.69B | 305.51B | 297.95B | 320.71B |
| Gross Profit | 151.73B | 142.87B | 136.29B | 140.82B | 142.48B | 168.80B |
| EBITDA | 56.28B | 40.87B | 42.80B | 45.67B | 44.98B | 43.01B |
| Net Income | 39.96B | 30.56B | 32.30B | 35.82B | 35.27B | 34.38B |
Balance Sheet | ||||||
| Total Assets | 7.79T | 7.83T | 7.81T | 7.67T | 7.26T | 6.95T |
| Cash, Cash Equivalents and Short-Term Investments | 261.95B | 485.69B | 1.08T | 721.11B | 634.86B | 625.80B |
| Total Debt | 2.50T | 1.12T | 1.03T | 790.82B | 753.77B | 785.27B |
| Total Liabilities | 7.18T | 7.13T | 7.16T | 7.04T | 6.64T | 6.37T |
| Stockholders Equity | 599.69B | 689.64B | 642.86B | 624.60B | 599.93B | 574.28B |
Cash Flow | ||||||
| Free Cash Flow | 61.17B | -166.78B | -241.34B | 65.00B | 155.56B | 145.95B |
| Operating Cash Flow | 77.53B | -157.48B | -231.64B | 73.68B | 166.27B | 155.42B |
| Investing Cash Flow | 135.00B | 67.91B | -42.82B | 41.76B | -112.33B | 117.91B |
| Financing Cash Flow | -278.30B | 66.42B | 221.86B | -7.26B | -96.20B | -266.72B |
China Minsheng Banking Technical Analysis
Positive
3.30
Price Trends
3.34
Positive
3.32
Positive
3.53
Negative
Market Momentum
0.04
Negative
56.59
Neutral
52.08
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1988, the sentiment is Positive. The current price of 3.3 is below the 20-day moving average (MA) of 3.37, below the 50-day MA of 3.34, and below the 200-day MA of 3.53, indicating a neutral trend. The MACD of 0.04 indicates Negative momentum. The RSI at 56.59 is Neutral, neither overbought nor oversold. The STOCH value of 52.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1988.
China Minsheng Banking Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$1.24T | 7.16 | 12.33% | 4.31% | -0.16% | 5.69% | |
71 Outperform | HK$552.96B | 13.58 | 11.60% | 6.54% | -8.24% | 3.38% | |
69 Neutral | HK$550.83B | 6.98 | 9.34% | 5.02% | -3.15% | 1.80% | |
68 Neutral | HK$686.19B | 7.44 | 8.44% | 4.56% | 1.86% | -7.09% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
60 Neutral | HK$182.24B | 5.74 | 4.66% | 5.52% | -4.88% | -9.64% | |
56 Neutral | HK$200.07B | 6.02 | 5.88% | 6.97% | -7.38% | -19.59% |
* Financial Sector Average
HK:1988
China Minsheng Banking
3.60
-0.30
-7.67%
HK:2388
BOC Hong Kong (Holdings)
53.65
17.08
46.69%
HK:6818
China Everbright Bank Co
2.83
-0.44
-13.53%
HK:0998
China CITIC Bank
8.51
1.72
25.42%
HK:3968
China Merchants Bank Co
52.75
7.08
15.50%
HK:1658
Postal Savings Bank of China Co., Ltd. Class H
5.39
-0.16
-2.90%
China Minsheng Banking Corporate Events
China Minsheng Banking Declares Interim Dividend and Clarifies Tax Terms for H-Share Investors
Aug 28, 2026
China Minsheng Banking Corp., Ltd. has declared an interim ordinary dividend of RMB 1.18 per 10 shares for the six months ended 30 June 2026, with payment scheduled on 27 October 2026 to shareholders on record as of 16 September 2026. The announce...
China Minsheng Banking Unveils 2026 Interim Results and Dividend Plan
Aug 28, 2026
China Minsheng Banking has released its unaudited interim results for the six months ended 30 June 2026, with the full interim report to be published on both the Hong Kong stock exchange disclosure platform and the bank’s own website. The re...
China Minsheng Bank Sets Interim 2026 Dividend and Tax Terms for H Shareholders
Aug 28, 2026
China Minsheng Banking Corp., Ltd., a major PRC joint stock commercial bank listed in Hong Kong, operates both A and H shares to tap domestic and overseas capital. The bank’s dividend and capital management approach is guided by regulatory c...
China Minsheng Bank Details Shareholder Turnout and Voting at 2026 First EGM
Aug 21, 2026
China Minsheng Banking Corp., Ltd. held its first extraordinary general meeting for 2026 in Beijing on 21 August 2026, with voting conducted both on-site and online through the Shanghai Stock Exchange systems. The meeting, convened and chaired by ...
China Minsheng Banking Sets Board Meeting to Approve Interim Results and Consider Dividend
Aug 18, 2026
China Minsheng Banking Corp., Ltd. has scheduled a board meeting for 28 August 2026 in Beijing to review and approve the interim results of the bank and its subsidiaries for the six months ended 30 June 2026. The board will also consider whether t...
China Minsheng Banking Calls 2026 EGM to Vote on Domicile Change
Aug 3, 2026
China Minsheng Banking has convened its first extraordinary general meeting for 2026, to be held on 21 August in Beijing, with shareholders asked to approve a special resolution on changing the bank’s domicile and amending related provisions...
China Minsheng Banking Plans Beijing Domicile Shift and Article Amendments
Jul 30, 2026
China Minsheng Banking Corp., Ltd. has approved a proposal to move its registered domicile within Beijing from Xicheng District to a new location in Chaoyang District, reflecting an internal administrative reorganisation of its headquarters footpr...
China Minsheng Bank Sets Final 2025 Dividend and Details Tax Treatment for H-Share Investors
Jun 17, 2026
China Minsheng Banking Corp., Ltd. has declared a final ordinary cash dividend of RMB 0.53 per 10 shares for the financial year ended 31 December 2025, with Hong Kong shareholders to receive the equivalent of HKD 0.60958 per 10 shares based on a f...
China Minsheng Banking Reports Voting Outcomes and Participation at 2025 Shareholders’ Meeting
Jun 17, 2026
China Minsheng Banking Corp., Ltd. held its 2025 annual shareholders’ meeting in Beijing on 17 June 2026, convened by the board and chaired by chairman Gao Yingxin, with all directors and senior management in attendance. Voting was conducted...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.