Agricultural Bank of China Ltd
SSE:601288

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Agricultural Bank of China Ltd
SSE:601288
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Price: 4.7 CNY -1.47% Market Closed
Market Cap: 1.6T CNY
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Agricultural Bank of China Ltd
Other Current Liabilities

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Agricultural Bank of China Ltd
Other Current Liabilities Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Current Liabilities CAGR 3Y CAGR 5Y CAGR 10Y
Agricultural Bank of China Ltd
SSE:601288
Other Current Liabilities
ÂĄ6.8B
CAGR 3-Years
-39%
CAGR 5-Years
-26%
CAGR 10-Years
-22%
Bank of Communications Co Ltd
SSE:601328
Other Current Liabilities
ÂĄ8.8B
CAGR 3-Years
-3%
CAGR 5-Years
-7%
CAGR 10-Years
-2%
Bank of China Ltd
SSE:601988
Other Current Liabilities
ÂĄ105.5B
CAGR 3-Years
55%
CAGR 5-Years
23%
CAGR 10-Years
14%
China Merchants Bank Co Ltd
SSE:600036
Other Current Liabilities
ÂĄ14.8B
CAGR 3-Years
-16%
CAGR 5-Years
-8%
CAGR 10-Years
2%
China Construction Bank Corp
SSE:601939
Other Current Liabilities
ÂĄ127.9B
CAGR 3-Years
2%
CAGR 5-Years
1%
CAGR 10-Years
13%
Industrial and Commercial Bank of China Ltd
SSE:601398
Other Current Liabilities
ÂĄ50.6B
CAGR 3-Years
-20%
CAGR 5-Years
-11%
CAGR 10-Years
-2%
No Stocks Found

Agricultural Bank of China Ltd
Glance View

Market Cap
1.6T CNY
Industry
Banking

Agricultural Bank of China Ltd. (ABC), one of China’s "Big Four" banks, has carved a unique niche by focusing primarily on the agricultural sector and rural finance. Founded in 1951, ABC has grown into a significant player in the global banking landscape, boasting a vast network of branches and a customer base that spans both urban and rural populations. The bank’s mission is to support the modernization of agriculture and rural economies in China. With a diverse range of financial services, including commercial banking, investment banking, and wealth management, ABC not only plays a vital role in stabilizing the agricultural sector but also contributes to the overall growth of China’s economy—a lucrative prospect for investors looking for exposure to a sector with immense government backing. In recent years, ABC has embraced technological advancements to enhance its service offerings and improve operational efficiency while maintaining a strong capital position and robust asset quality. The bank has shifted focus toward digital banking and financial innovations, effectively tapping into the rapidly evolving fintech landscape in China. As the government continues to emphasize rural development and food security, ABC stands to benefit significantly from this structural trend, making it an attractive investment for those looking to capitalize on the intersection of traditional banking and modern tech solutions. Additionally, the bank's strategic initiatives, like expanding its international presence, promise to create further growth opportunities, strengthening its appeal amidst a changing global economic environment.

Intrinsic Value
11.26 CNY
Undervaluation 58%
Intrinsic Value
Price

See Also

What is Agricultural Bank of China Ltd's Other Current Liabilities?
Other Current Liabilities
6.8B CNY

Based on the financial report for Jun 30, 2024, Agricultural Bank of China Ltd's Other Current Liabilities amounts to 6.8B CNY.

What is Agricultural Bank of China Ltd's Other Current Liabilities growth rate?
Other Current Liabilities CAGR 10Y
-22%

Over the last year, the Other Current Liabilities growth was -93%. The average annual Other Current Liabilities growth rates for Agricultural Bank of China Ltd have been -39% over the past three years , -26% over the past five years , and -22% over the past ten years .

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