Bank of China Ret. on equity
What is the Ret. on equity of Bank of China?
The Ret. on equity of Bank of China Ltd. is 8.70%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Finance sector on OTC compared to Bank of China
What does Bank of China do?
Bank of China Limited, together with its subsidiaries, provides banking and related financial services. It operates through six segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other Operations. The Corporate Banking segment offers current accounts, deposits, overdrafts, loans, trade-related products and other credit facilities, foreign exchange, derivatives, and wealth management products to corporate customers, government authorities, and financial institutions. The Personal Banking segment provides savings deposits, personal loans, credit and debit cards, payments and settlements, wealth management products, and funds and insurance agency services to retail customers. The Treasury Operations segment is involved in the foreign exchange transactions, customer-based interest rate and foreign exchange derivative transactions, money market transactions, proprietary trading, and asset and liability management. The Investment Banking segment offers debt and equity underwriting, financial advisory, stock brokerage, investment research and asset management, and private equity investment services, as well as sells and trades in securities. The Insurance segment underwrites general and life insurance products; and provides insurance agency services. As of December 31, 2020, the company operated approximately 11,550 institutions, including 10,991 institutions in Chinese mainland; and 559 institutions in Hong Kong, Macau, Taiwan, and other countries. It is also involved in the aircraft leasing business. The company was founded in 1912 and is headquartered in Beijing, China. Bank of China Limited is a subsidiary of Central Huijin Investment Limited.
Companies with ret. on equity similar to Bank of China
- Mexico Fund Inc has Ret. on equity of 8.70%
- Charmacy Pharmaceutical Co has Ret. on equity of 8.70%
- The Siam Commercial Bank Public Co has Ret. on equity of 8.70%
- Kirby has Ret. on equity of 8.70%
- InPlay Oil has Ret. on equity of 8.70%
- InPlay Oil has Ret. on equity of 8.70%
- Bank of China has Ret. on equity of 8.70%
- Duke has Ret. on equity of 8.70%
- HUB24 has Ret. on equity of 8.71%
- Molson Coors Brewing has Ret. on equity of 8.71%
- SouthState has Ret. on equity of 8.71%
- Astra Microwave Products has Ret. on equity of 8.71%
- Boozt AB has Ret. on equity of 8.71%