Industrial and Commercial Bank of China Ltd
SSE:601398

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Industrial and Commercial Bank of China Ltd Logo
Industrial and Commercial Bank of China Ltd
SSE:601398
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Price: 6.16 CNY 1.48% Market Closed
Market Cap: 2.2T CNY
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Industrial and Commercial Bank of China Ltd
Deferred Income Tax

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Industrial and Commercial Bank of China Ltd
Deferred Income Tax Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Deferred Income Tax CAGR 3Y CAGR 5Y CAGR 10Y
Industrial and Commercial Bank of China Ltd
SSE:601398
Deferred Income Tax
ÂĄ4.9B
CAGR 3-Years
2%
CAGR 5-Years
18%
CAGR 10-Years
25%
Agricultural Bank of China Ltd
SSE:601288
Deferred Income Tax
ÂĄ778m
CAGR 3-Years
38%
CAGR 5-Years
44%
CAGR 10-Years
34%
Bank of Communications Co Ltd
SSE:601328
Deferred Income Tax
ÂĄ2.5B
CAGR 3-Years
16%
CAGR 5-Years
27%
CAGR 10-Years
72%
Bank of China Ltd
SSE:601988
Deferred Income Tax
ÂĄ7.9B
CAGR 3-Years
5%
CAGR 5-Years
10%
CAGR 10-Years
7%
China Merchants Bank Co Ltd
SSE:600036
Deferred Income Tax
ÂĄ1.5B
CAGR 3-Years
8%
CAGR 5-Years
5%
CAGR 10-Years
7%
China Construction Bank Corp
SSE:601939
Deferred Income Tax
ÂĄ2.2B
CAGR 3-Years
15%
CAGR 5-Years
41%
CAGR 10-Years
31%
No Stocks Found

Industrial and Commercial Bank of China Ltd
Glance View

Market Cap
2.2T CNY
Industry
Banking

Industrial and Commercial Bank of China Ltd. (ICBC) stands as a towering figure in the global banking landscape, not just as the largest bank in China but as a beacon of financial strength worldwide. Established in 1984 and headquartered in Beijing, ICBC has cultivated an expansive network that includes thousands of branches domestically and a significant international presence. The bank specializes in a wide array of financial services, encompassing personal and corporate banking, investment banking, and asset management, catering to a diverse clientele from individual savers to multinational corporations. Investors are drawn to ICBC due to its robust financial performance, consistently high profitability, and strong asset quality, positioning it as a stable investment option in the ever-evolving financial sector. As the Chinese economy continues to grow, ICBC plays a crucial role in financing infrastructure projects, supporting trade, and driving economic development, further solidifying its importance in global finance. The bank's strategic focus on digital banking innovations and expanding its international footprint demonstrates its adaptability in an increasingly competitive marketplace. With a commitment to sustainable development and financial inclusivity, ICBC is not only committed to maximizing shareholder value but also to contributing positively to the broader economy. For investors looking to tap into China’s economic growth narrative while also supporting a leading institution with a solid track record, ICBC offers a compelling narrative that blends tradition with modern financial practices.

Intrinsic Value
13.44 CNY
Undervaluation 54%
Intrinsic Value
Price

See Also

What is Industrial and Commercial Bank of China Ltd's Deferred Income Tax?
Deferred Income Tax
4.9B CNY

Based on the financial report for Sep 30, 2024, Industrial and Commercial Bank of China Ltd's Deferred Income Tax amounts to 4.9B CNY.

What is Industrial and Commercial Bank of China Ltd's Deferred Income Tax growth rate?
Deferred Income Tax CAGR 10Y
25%

Over the last year, the Deferred Income Tax growth was 11%. The average annual Deferred Income Tax growth rates for Industrial and Commercial Bank of China Ltd have been 2% over the past three years , 18% over the past five years , and 25% over the past ten years .

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