Industrial & Commercial Bank of China Ret. on equity
What is the Ret. on equity of Industrial & Commercial Bank of China?
The Ret. on equity of Industrial & Commercial Bank of China Ltd. is 10.10%
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 Industrial & Commercial Bank of China
What does Industrial & Commercial Bank of China do?
Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. It operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers financial products and services to corporations, government agencies, and financial institutions. Its products and services include corporate loans, trade financing, deposit-taking activities, corporate wealth management services, custody activities, various corporate intermediary services, etc. The Personal Banking segment provides financial products and services to individual customers. This segment's products and services comprise personal loans and cards, deposits, personal wealth management, personal intermediary services, etc. The Treasury Operations segment is involved in the money market transactions, investment securities, and foreign exchange transactions, as well as in the holding of derivative positions. The company also offers e-banking services, including Internet, telephone, and mobile banking services; and investment banking, fund and financial asset management, trust, financial leasing, broker dealer, securities margin and trading, insurance, and other financial services. It operates 16,653 institutions, including 16,227 domestic institutions and 426 overseas institutions. Industrial and Commercial Bank of China Limited was founded in 1984 and is headquartered in Beijing, the People's Republic of China.
Companies with ret. on equity similar to Industrial & Commercial Bank of China
- Silvercrest Asset Management Inc has Ret. on equity of 10.09%
- Coterra Inc has Ret. on equity of 10.10%
- NCL Industries has Ret. on equity of 10.10%
- IMAX China has Ret. on equity of 10.10%
- HF Sinclair has Ret. on equity of 10.10%
- Pioneer Power Solutions Inc has Ret. on equity of 10.10%
- Industrial & Commercial Bank of China has Ret. on equity of 10.10%
- Avnet has Ret. on equity of 10.10%
- Bank of China has Ret. on equity of 10.10%
- Sarla Performance Fibers has Ret. on equity of 10.10%
- United Community Banks has Ret. on equity of 10.11%
- cmlog has Ret. on equity of 10.11%
- IPG Photonics has Ret. on equity of 10.11%