Agricultural Bank of China Ltd
SSE:601288

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Agricultural Bank of China Ltd
SSE:601288
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Price: 5.19 CNY 2.98% Market Closed
Market Cap: 1.8T CNY
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Agricultural Bank of China Ltd
Tax Provision

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
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Agricultural Bank of China Ltd
SSE:601288
Tax Provision
-ÂĄ34.1B
CAGR 3-Years
17%
CAGR 5-Years
6%
CAGR 10-Years
4%
Bank of Communications Co Ltd
SSE:601328
Tax Provision
-ÂĄ6B
CAGR 3-Years
4%
CAGR 5-Years
12%
CAGR 10-Years
11%
Bank of China Ltd
SSE:601988
Tax Provision
-ÂĄ46B
CAGR 3-Years
1%
CAGR 5-Years
1%
CAGR 10-Years
2%
China Merchants Bank Co Ltd
SSE:600036
Tax Provision
-ÂĄ28.4B
CAGR 3-Years
-3%
CAGR 5-Years
-2%
CAGR 10-Years
-5%
China Construction Bank Corp
SSE:601939
Tax Provision
-ÂĄ52.2B
CAGR 3-Years
13%
CAGR 5-Years
1%
CAGR 10-Years
3%
Industrial and Commercial Bank of China Ltd
SSE:601398
Tax Provision
-ÂĄ50.5B
CAGR 3-Years
16%
CAGR 5-Years
8%
CAGR 10-Years
5%
No Stocks Found

Agricultural Bank of China Ltd
Glance View

Market Cap
1.8T CNY
Industry
Banking

Agricultural Bank of China Ltd. (ABC) stands as one of the pillars of the modern Chinese banking sector, weaving its roots deep into the rural landscapes and extending its branches into the bustling cities. Established in 1951, ABC began with a mission to support China's agrarian economy, and this origin story continues to influence its operations. As one of the "Big Four" banks, its vast network of branches ensures a substantial presence in both urban and rural areas. By leveraging this expansive reach, ABC channels financial services to diverse customer bases, including farmers, rural enterprises, urban residents, and large corporations. The bank's core operations revolve around providing traditional banking services such as deposits, loans, and settlements, growing alongside the very economy it helps nurture. The heart of ABC's business model lies in its ability to effectively manage risk while offering a comprehensive suite of financial products. Its income streams are predominantly generated through interest income from loans and advances, serving a broad spectrum of clients from individual consumers to large-scale agribusinesses. Furthermore, the bank expands its revenue base through non-interest income channels, involving fee-based services such as wealth management, trade finance, and insurance offerings. In recent years, ABC has embraced technology to streamline operations and enhance customer experiences, endeavoring to uphold its historical intent of promoting China's agricultural and rural development while capitalizing on the burgeoning urban financial demands. Through this dual focus, the Agricultural Bank of China continues to play a pivotal role in shaping the country's financial landscape.

Intrinsic Value
14.39 CNY
Undervaluation 64%
Intrinsic Value
Price

See Also

What is Agricultural Bank of China Ltd's Tax Provision?
Tax Provision
-34.1B CNY

Based on the financial report for Sep 30, 2024, Agricultural Bank of China Ltd's Tax Provision amounts to -34.1B CNY.

What is Agricultural Bank of China Ltd's Tax Provision growth rate?
Tax Provision CAGR 10Y
4%

Over the last year, the Tax Provision growth was 14%. The average annual Tax Provision growth rates for Agricultural Bank of China Ltd have been 17% over the past three years , 6% over the past five years , and 4% over the past ten years .

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