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China Merchants Bank Co Ltd
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Let's analyse China Merchants Bank Co Ltd together

PenkeI guess you are interested in China Merchants Bank Co Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of China Merchants Bank Co Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of China Merchants Bank Co Ltd (30 sec.)










What can you expect buying and holding a share of China Merchants Bank Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.33
When do you have the money?
1 year
How often do you get paid?
55.0%

What is your share worth?

Current worth
¥40.50
Expected worth in 1 year
¥44.21
How sure are you?
82.5%

+ What do you gain per year?

Total Gains per Share
¥6.07
Return On Investment
18.8%

For what price can you sell your share?

Current Price per Share
¥32.20
Expected price per share
¥28.78 - ¥33.42
How sure are you?
50%

1. Valuation of China Merchants Bank Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥32.20

Intrinsic Value Per Share

¥73.62 - ¥83.36

Total Value Per Share

¥114.12 - ¥123.86

2. Growth of China Merchants Bank Co Ltd (5 min.)




Is China Merchants Bank Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$141.3b$124.2b$12.5b9.1%

How much money is China Merchants Bank Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$5b$4.6b$406.5m8.1%
Net Profit Margin43.1%39.1%--

How much money comes from the company's main activities?

3. Financial Health of China Merchants Bank Co Ltd (5 min.)




4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

What can you expect buying and holding a share of China Merchants Bank Co Ltd? (5 min.)

Welcome investor! China Merchants Bank Co Ltd's management wants to use your money to grow the business. In return you get a share of China Merchants Bank Co Ltd.

What can you expect buying and holding a share of China Merchants Bank Co Ltd?

First you should know what it really means to hold a share of China Merchants Bank Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of China Merchants Bank Co Ltd is ¥32.20. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of China Merchants Bank Co Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in China Merchants Bank Co Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ¥40.50. Based on the TTM, the Book Value Change Per Share is ¥0.93 per quarter. Based on the YOY, the Book Value Change Per Share is ¥1.31 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ¥0.59 per quarter.
Based on historical numbers we can estimate the returns while holding a share of China Merchants Bank Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.210.6%0.200.6%0.180.6%0.150.5%0.130.4%
Usd Book Value Change Per Share0.190.6%0.130.4%0.180.6%0.140.4%0.100.3%
Usd Dividend Per Share0.250.8%0.080.3%0.060.2%0.070.2%0.040.1%
Usd Total Gains Per Share0.451.4%0.210.7%0.240.7%0.210.7%0.140.4%
Usd Price Per Share4.56-4.75-5.93-5.38-4.01-
Price to Earnings Ratio5.45-6.07-8.84-9.65-8.04-
Price-to-Total Gains Ratio10.18--2,229.92--38.02--831.02--413.12-
Price to Book Ratio0.81-0.88-1.21-1.34-1.18-
Price-to-Total Gains Ratio10.18--2,229.92--38.02--831.02--413.12-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share4.45648
Number of shares224
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.080.07
Usd Book Value Change Per Share0.130.14
Usd Total Gains Per Share0.210.21
Gains per Quarter (224 shares)47.0247.31
Gains per Year (224 shares)188.07189.23
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
17311517866124179
2146230366131247368
3219345554197371557
4292460742263494746
5365575930328618935
643869011183947411124
751180513064608651313
858492014945269881502
96571035168259111121691
107301150187065712351880

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%67.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%15.05.00.075.0%32.07.01.080.0%56.09.02.083.6%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%22.00.018.055.0%22.00.045.032.8%
Total Gains per Share3.01.00.075.0%9.03.00.075.0%16.04.00.080.0%33.06.01.082.5%57.08.02.085.1%

Fundamentals of China Merchants Bank Co Ltd

About China Merchants Bank Co Ltd

China Merchants Bank Co., Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts. Its loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels. The company also offers credit cards; insurance products; open-ended funds; discount and guarantees for commercial bills, redemption of commercial bills, and guaranteed discount for commercial acceptance bills; and financial consultation, debt financing underwriting, merger and acquisition financing, and equity financing and enterprise listing services. In addition, it provides forfeiting and risk participation, escrow, cross-border RMB clearing, and interbank services; and risk and financial management, cross-border RMB and oversea financing, international factoring and settlement, and trade finance services. Further, the company offers financial leasing and guarantee, investment and wealth management, forex option and gold trading, forex express trading, international, offshore and private banking, custody, pension, and electronic banking services. The company also operates in Hong Kong, New York, London, Singapore, Luxembourg, Sydney, and Taipei. China Merchants Bank Co., Ltd. was founded in 1987 and is headquartered in Shenzhen, China.

Fundamental data was last updated by Penke on 2024-03-26 14:37:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of China Merchants Bank Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit China Merchants Bank Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare China Merchants Bank Co Ltd to the Banks - Regional industry mean.
  • A Net Profit Margin of 46.6% means that ¥0.47 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of China Merchants Bank Co Ltd:

  • The MRQ is 46.6%. The company is making a huge profit. +2
  • The TTM is 43.1%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ46.6%TTM43.1%+3.5%
TTM43.1%YOY39.1%+4.0%
TTM43.1%5Y37.2%+5.9%
5Y37.2%10Y30.3%+6.9%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ46.6%18.4%+28.2%
TTM43.1%28.0%+15.1%
YOY39.1%25.2%+13.9%
5Y37.2%22.8%+14.4%
10Y30.3%19.8%+10.5%
1.1.2. Return on Assets

Shows how efficient China Merchants Bank Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare China Merchants Bank Co Ltd to the Banks - Regional industry mean.
  • 0.4% Return on Assets means that China Merchants Bank Co Ltd generated ¥0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of China Merchants Bank Co Ltd:

  • The MRQ is 0.4%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.3%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.4%TTM0.3%+0.0%
TTM0.3%YOY0.3%0.0%
TTM0.3%5Y0.3%+0.0%
5Y0.3%10Y0.3%+0.0%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4%0.1%+0.3%
TTM0.3%0.2%+0.1%
YOY0.3%0.2%+0.1%
5Y0.3%0.2%+0.1%
10Y0.3%0.2%+0.1%
1.1.3. Return on Equity

Shows how efficient China Merchants Bank Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare China Merchants Bank Co Ltd to the Banks - Regional industry mean.
  • 3.8% Return on Equity means China Merchants Bank Co Ltd generated ¥0.04 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of China Merchants Bank Co Ltd:

  • The MRQ is 3.8%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.7%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.8%TTM3.7%+0.1%
TTM3.7%YOY3.7%0.0%
TTM3.7%5Y3.7%-0.1%
5Y3.7%10Y4.0%-0.3%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ3.8%1.4%+2.4%
TTM3.7%2.5%+1.2%
YOY3.7%2.7%+1.0%
5Y3.7%2.5%+1.2%
10Y4.0%2.8%+1.2%

1.2. Operating Efficiency of China Merchants Bank Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient China Merchants Bank Co Ltd is operating .

  • Measures how much profit China Merchants Bank Co Ltd makes for each ¥1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare China Merchants Bank Co Ltd to the Banks - Regional industry mean.
  • An Operating Margin of 0.0% means the company generated ¥0.00  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of China Merchants Bank Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
1.2.2. Operating Ratio

Measures how efficient China Merchants Bank Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are ¥0.00 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of China Merchants Bank Co Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.112-0.112
5Y0.11210Y0.076+0.036

1.3. Liquidity of China Merchants Bank Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if China Merchants Bank Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
  • A Current Ratio of 0.00 means the company has ¥0.00 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of China Merchants Bank Co Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.099-0.099
TTM0.099YOY0.213-0.114
TTM0.0995Y0.226-0.127
5Y0.22610Y0.127+0.099
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM0.0990.124-0.025
YOY0.2130.225-0.012
5Y0.2260.219+0.007
10Y0.1270.131-0.004
1.3.2. Quick Ratio

Measures if China Merchants Bank Co Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare China Merchants Bank Co Ltd to the Banks - Regional industry mean.
  • A Quick Ratio of 0.00 means the company can pay off ¥0.00 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of China Merchants Bank Co Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY0.007-0.007
TTM-5Y0.021-0.021
5Y0.02110Y0.015+0.006

1.4. Solvency of China Merchants Bank Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of China Merchants Bank Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare China Merchants Bank Co Ltd to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.90 means that China Merchants Bank Co Ltd assets are financed with 90.4% credit (debt) and the remaining percentage (100% - 90.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of China Merchants Bank Co Ltd:

  • The MRQ is 0.904. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.906. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.904TTM0.906-0.002
TTM0.906YOY0.906+0.000
TTM0.9065Y0.912-0.006
5Y0.91210Y0.921-0.009
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9040.915-0.011
TTM0.9060.917-0.011
YOY0.9060.919-0.013
5Y0.9120.919-0.007
10Y0.9210.927-0.006
1.4.2. Debt to Equity Ratio

Measures if China Merchants Bank Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare China Merchants Bank Co Ltd to the Banks - Regional industry mean.
  • A Debt to Equity ratio of 953.0% means that company has ¥9.53 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of China Merchants Bank Co Ltd:

  • The MRQ is 9.530. The company is unable to pay all its debts with equity. -1
  • The TTM is 9.732. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ9.530TTM9.732-0.202
TTM9.732YOY9.695+0.037
TTM9.7325Y10.520-0.788
5Y10.52010Y12.093-1.573
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ9.53010.829-1.299
TTM9.73211.013-1.281
YOY9.69511.363-1.668
5Y10.52011.437-0.917
10Y12.09313.038-0.945

2. Market Valuation of China Merchants Bank Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ¥1 in earnings China Merchants Bank Co Ltd generates.

  • Above 15 is considered overpriced but always compare China Merchants Bank Co Ltd to the Banks - Regional industry mean.
  • A PE ratio of 5.45 means the investor is paying ¥5.45 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of China Merchants Bank Co Ltd:

  • The EOD is 5.323. Based on the earnings, the company is cheap. +2
  • The MRQ is 5.451. Based on the earnings, the company is cheap. +2
  • The TTM is 6.068. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD5.323MRQ5.451-0.127
MRQ5.451TTM6.068-0.617
TTM6.068YOY8.837-2.769
TTM6.0685Y9.648-3.580
5Y9.64810Y8.044+1.603
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD5.3237.491-2.168
MRQ5.4516.680-1.229
TTM6.0685.295+0.773
YOY8.8376.943+1.894
5Y9.6489.770-0.122
10Y8.0449.943-1.899
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of China Merchants Bank Co Ltd:

  • The EOD is -4.419. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -4.525. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -2.941. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-4.419MRQ-4.525+0.106
MRQ-4.525TTM-2.941-1.584
TTM-2.941YOY-15.720+12.780
TTM-2.9415Y-5.636+2.695
5Y-5.63610Y-3.120-2.516
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD-4.419-2.094-2.325
MRQ-4.525-1.868-2.657
TTM-2.941-0.342-2.599
YOY-15.7206.448-22.168
5Y-5.6360.429-6.065
10Y-3.1200.091-3.211
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of China Merchants Bank Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • A PB ratio of 0.81 means the investor is paying ¥0.81 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of China Merchants Bank Co Ltd:

  • The EOD is 0.795. Based on the equity, the company is cheap. +2
  • The MRQ is 0.814. Based on the equity, the company is cheap. +2
  • The TTM is 0.878. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.795MRQ0.814-0.019
MRQ0.814TTM0.878-0.063
TTM0.878YOY1.208-0.331
TTM0.8785Y1.341-0.463
5Y1.34110Y1.183+0.157
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD0.7950.433+0.362
MRQ0.8140.386+0.428
TTM0.8780.470+0.408
YOY1.2080.642+0.566
5Y1.3410.795+0.546
10Y1.1831.025+0.158
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of China Merchants Bank Co Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--1.4050.928+51%1.308+7%0.996+41%0.701+100%
Book Value Per Share--40.49739.168+3%35.586+14%30.183+34%24.171+68%
Current Ratio---0.099-100%0.213-100%0.226-100%0.127-100%
Debt To Asset Ratio--0.9040.9060%0.9060%0.912-1%0.921-2%
Debt To Equity Ratio--9.5309.732-2%9.695-2%10.520-9%12.093-21%
Dividend Per Share--1.8340.589+211%0.408+349%0.530+246%0.306+499%
Eps--1.5121.417+7%1.285+18%1.098+38%0.933+62%
Free Cash Flow Per Share---1.8224.432-141%2.139-185%3.731-149%2.750-166%
Free Cash Flow To Equity Per Share---1.822-2.402+32%0.085-2249%1.385-232%1.114-263%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--83.360--------
Intrinsic Value_10Y_min--73.618--------
Intrinsic Value_1Y_max--11.617--------
Intrinsic Value_1Y_min--11.413--------
Intrinsic Value_3Y_max--32.417--------
Intrinsic Value_3Y_min--30.999--------
Intrinsic Value_5Y_max--50.219--------
Intrinsic Value_5Y_min--46.826--------
Market Cap664250574848.000-25%831498309464.970865419001798.315-4%1080418185546.840-23%1003008527367.344-17%705054481037.257+18%
Net Profit Margin--0.4660.431+8%0.391+19%0.372+25%0.303+54%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%0.112-100%0.076-100%
Pb Ratio0.795-2%0.8140.878-7%1.208-33%1.341-39%1.183-31%
Pe Ratio5.323-2%5.4516.068-10%8.837-38%9.648-44%8.044-32%
Price Per Share32.200-2%32.97034.315-4%42.840-23%38.887-15%28.970+14%
Price To Free Cash Flow Ratio-4.419+2%-4.525-2.941-35%-15.720+247%-5.636+25%-3.120-31%
Price To Total Gains Ratio9.944-2%10.182-2229.919+22002%-38.020+473%-831.022+8262%-413.122+4158%
Quick Ratio----0%0.007-100%0.021-100%0.015-100%
Return On Assets--0.0040.003+4%0.003+2%0.003+9%0.003+15%
Return On Equity--0.0380.037+2%0.037+1%0.037+1%0.040-7%
Total Gains Per Share--3.2381.517+114%1.716+89%1.526+112%1.007+222%
Usd Book Value--141353317600.000136713319200.000+3%124208740800.000+14%107253792760.000+32%80236074820.000+76%
Usd Book Value Change Per Share--0.1940.128+51%0.181+7%0.138+41%0.097+100%
Usd Book Value Per Share--5.6055.421+3%4.925+14%4.177+34%3.345+68%
Usd Dividend Per Share--0.2540.082+211%0.057+349%0.073+246%0.042+499%
Usd Eps--0.2090.196+7%0.178+18%0.152+38%0.129+62%
Usd Free Cash Flow---6357819200.00015470144400.000-141%7466541600.000-185%13270096480.000-148%5380310380.000-218%
Usd Free Cash Flow Per Share---0.2520.613-141%0.296-185%0.516-149%0.381-166%
Usd Free Cash Flow To Equity Per Share---0.252-0.332+32%0.012-2249%0.192-232%0.154-263%
Usd Market Cap91932279558.963-25%115079366029.952119773989848.887-4%149529876879.683-23%138816380187.640-17%97579540175.556+18%
Usd Price Per Share4.456-2%4.5634.749-4%5.929-23%5.382-15%4.009+14%
Usd Profit--5278299200.0005016308000.000+5%4609723400.000+15%3980473960.000+33%3116338960.000+69%
Usd Revenue--11323749600.00011630720800.000-3%11735974000.000-4%10543547280.000+7%10332120520.000+10%
Usd Total Gains Per Share--0.4480.210+114%0.238+89%0.211+112%0.139+222%
 EOD+3 -5MRQTTM+24 -8YOY+21 -125Y+23 -1110Y+25 -9

3.2. Fundamental Score

Let's check the fundamental score of China Merchants Bank Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-155.323
Price to Book Ratio (EOD)Between0-10.795
Net Profit Margin (MRQ)Greater than00.466
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.904
Debt to Equity Ratio (MRQ)Less than19.530
Return on Equity (MRQ)Greater than0.150.038
Return on Assets (MRQ)Greater than0.050.004
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of China Merchants Bank Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.209
Ma 20Greater thanMa 5031.646
Ma 50Greater thanMa 10031.217
Ma 100Greater thanMa 20029.981
OpenGreater thanClose32.100
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in CNY. All numbers in thousands.

Summary
Total Assets10,668,009,000
Total Liabilities9,646,670,000
Total Stockholder Equity1,012,235,000
 As reported
Total Liabilities 9,646,670,000
Total Stockholder Equity+ 1,012,235,000
Total Assets = 10,668,009,000

Assets

Total Assets10,668,009,000
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 965,759,000
Total Current Assets  (as reported)0
Total Current Assets  (calculated)965,759,000
+/- 965,759,000
Long-term Assets
Property Plant Equipment 123,482,000
Goodwill 9,954,000
Long Term Investments 3,132,440,000
Intangible Assets 7,251,000
Long-term Assets  (as reported)0
Long-term Assets  (calculated)3,273,127,000
+/- 3,273,127,000

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity1,012,235,000
Total Current Liabilities
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)0
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 560,687,000
Total Stockholder Equity (as reported)1,012,235,000
Total Stockholder Equity (calculated)560,687,000
+/- 451,548,000
Other
Capital Stock52,688,000
Common Stock Shares Outstanding 25,219,846
Net Invested Capital 1,472,425,000
Property Plant and Equipment Gross 123,482,000



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-31
> Total Assets 
0
1,108,776,000
1,219,366,000
1,310,552,000
1,373,786,000
1,395,791,000
1,547,249,000
1,571,797,000
1,800,839,000
1,972,768,000
2,016,901,000
2,067,941,000
2,199,275,000
2,282,482,000
2,359,564,000
2,402,507,000
2,584,723,000
2,643,205,000
2,633,278,000
2,794,971,000
2,963,579,000
3,322,701,000
3,144,618,000
3,408,219,000
3,513,426,000
3,810,629,000
3,885,372,000
4,016,399,000
4,404,549,000
5,033,122,000
4,722,648,000
4,731,829,000
4,908,944,000
5,221,221,000
5,222,292,000
5,474,978,000
5,432,042,000
5,537,298,000
5,563,990,000
5,942,311,000
6,000,674,000
6,199,690,000
6,169,239,000
6,297,638,000
6,252,238,000
6,537,340,000
6,508,681,000
6,745,729,000
6,794,347,000
7,193,181,000
7,305,925,000
7,417,240,000
7,766,114,000
8,031,826,000
8,156,700,000
8,361,448,000
8,664,641,000
8,885,886,000
8,917,440,000
9,249,021,000
9,415,379,000
9,724,996,000
9,707,111,000
10,138,912,000
10,508,752,000
10,739,836,000
10,668,009,000
10,668,009,00010,739,836,00010,508,752,00010,138,912,0009,707,111,0009,724,996,0009,415,379,0009,249,021,0008,917,440,0008,885,886,0008,664,641,0008,361,448,0008,156,700,0008,031,826,0007,766,114,0007,417,240,0007,305,925,0007,193,181,0006,794,347,0006,745,729,0006,508,681,0006,537,340,0006,252,238,0006,297,638,0006,169,239,0006,199,690,0006,000,674,0005,942,311,0005,563,990,0005,537,298,0005,432,042,0005,474,978,0005,222,292,0005,221,221,0004,908,944,0004,731,829,0004,722,648,0005,033,122,0004,404,549,0004,016,399,0003,885,372,0003,810,629,0003,513,426,0003,408,219,0003,144,618,0003,322,701,0002,963,579,0002,794,971,0002,633,278,0002,643,205,0002,584,723,0002,402,507,0002,359,564,0002,282,482,0002,199,275,0002,067,941,0002,016,901,0001,972,768,0001,800,839,0001,571,797,0001,547,249,0001,395,791,0001,373,786,0001,310,552,0001,219,366,0001,108,776,0000
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,446,293,000
1,672,542,000
1,539,020,000
1,716,659,000
1,531,061,000
1,896,919,000
2,167,063,000
1,870,511,000
1,473,757,000
1,532,979,000
1,586,946,000
1,726,409,000
1,737,489,000
1,395,284,000
1,861,768,000
1,673,054,000
1,810,838,000
1,282,779,000
0
1,655,023,000
1,788,848,000
0
01,788,848,0001,655,023,00001,282,779,0001,810,838,0001,673,054,0001,861,768,0001,395,284,0001,737,489,0001,726,409,0001,586,946,0001,532,979,0001,473,757,0001,870,511,0002,167,063,0001,896,919,0001,531,061,0001,716,659,0001,539,020,0001,672,542,0001,446,293,000000000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
60,421,000
124,400,000
42,902,000
146,093,000
17,305,000
210,424,000
151,024,000
188,436,000
89,630,000
175,903,000
112,900,000
223,900,000
32,838,000
187,305,000
98,343,000
189,850,000
100,077,000
195,880,000
153,643,000
10,199,000
246,832,000
11,901,000
351,877,000
12,686,000
101,777,000
12,964,000
174,618,000
15,718,000
153,690,000
13,820,000
266,257,000
16,319,000
170,191,000
14,287,000
321,912,000
13,805,000
199,358,000
14,546,000
262,698,000
14,754,000
131,962,000
15,395,000
205,110,000
15,442,000
164,688,000
14,238,000
337,145,000
326,941,000
300,831,000
362,448,000
417,640,000
391,301,000
855,792,000
298,770,000
876,670,000
915,064,000
950,341,000
869,735,000
7,984,790,000
8,379,270,000
8,690,655,000
998,206,000
960,911,000
968,046,000
1,026,881,000
965,759,000
965,759,0001,026,881,000968,046,000960,911,000998,206,0008,690,655,0008,379,270,0007,984,790,000869,735,000950,341,000915,064,000876,670,000298,770,000855,792,000391,301,000417,640,000362,448,000300,831,000326,941,000337,145,00014,238,000164,688,00015,442,000205,110,00015,395,000131,962,00014,754,000262,698,00014,546,000199,358,00013,805,000321,912,00014,287,000170,191,00016,319,000266,257,00013,820,000153,690,00015,718,000174,618,00012,964,000101,777,00012,686,000351,877,00011,901,000246,832,00010,199,000153,643,000195,880,000100,077,000189,850,00098,343,000187,305,00032,838,000223,900,000112,900,000175,903,00089,630,000188,436,000151,024,000210,424,00017,305,000146,093,00042,902,000124,400,00060,421,0000
       Short-term Investments 
0
216,035,000
222,663,000
306,368,000
231,917,000
373,043,000
181,385,000
217,043,000
183,001,000
341,466,000
238,735,000
373,392,000
251,658,000
482,756,000
320,533,000
461,037,000
413,304,000
559,533,000
345,520,000
523,063,000
625,858,000
749,751,000
686,638,000
610,793,000
812,111,000
954,663,000
412,796,000
773,352,000
1,127,030,000
1,383,318,000
1,223,850,000
913,579,000
1,083,279,000
1,047,197,000
1,092,115,000
855,826,000
987,399,000
860,111,000
944,507,000
916,794,000
350,557,000
920,004,000
872,907,000
895,405,000
916,564,000
526,798,000
408,657,000
217,085,000
371,738,000
482,985,000
407,222,000
158,511,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000158,511,000407,222,000482,985,000371,738,000217,085,000408,657,000526,798,000916,564,000895,405,000872,907,000920,004,000350,557,000916,794,000944,507,000860,111,000987,399,000855,826,0001,092,115,0001,047,197,0001,083,279,000913,579,0001,223,850,0001,383,318,0001,127,030,000773,352,000412,796,000954,663,000812,111,000610,793,000686,638,000749,751,000625,858,000523,063,000345,520,000559,533,000413,304,000461,037,000320,533,000482,756,000251,658,000373,392,000238,735,000341,466,000183,001,000217,043,000181,385,000373,043,000231,917,000306,368,000222,663,000216,035,0000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
99,452,000
321,000
92,203,000
87,900,000
128,382,000
314,000
0
22,935,000
93,076,000
340,000
93,200,000
123,451,000
321,000
321,000
120,671,000
101,254,000
0
0
0
0
0
00000101,254,000120,671,000321,000321,000123,451,00093,200,000340,00093,076,00022,935,0000314,000128,382,00087,900,00092,203,000321,00099,452,0000000000000000000000000000000000000000000000000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
730,043,000
559,817,000
619,350,000
478,144,000
743,187,000
487,786,000
720,793,000
2,720,000
786,350,000
495,691,000
859,629,000
569,102,000
960,362,000
4,100,000
949,612,000
608,295,000
1,079,992,000
589,607,000
0
587,702,000
948,865,000
0
0948,865,000587,702,0000589,607,0001,079,992,000608,295,000949,612,0004,100,000960,362,000569,102,000859,629,000495,691,000786,350,0002,720,000720,793,000487,786,000743,187,000478,144,000619,350,000559,817,000730,043,000000000000000000000000000000000000000000000000
   > Long-term Assets 0000000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
0
7,221,000
8,033,000
7,707,000
8,068,000
8,652,000
12,016,000
11,676,000
11,734,000
11,732,000
12,089,000
12,519,000
12,532,000
12,341,000
12,691,000
15,038,000
14,981,000
14,887,000
15,045,000
16,242,000
16,139,000
16,355,000
16,974,000
19,287,000
19,482,000
19,703,000
21,877,000
23,304,000
23,326,000
24,136,000
24,367,000
26,504,000
28,495,000
28,665,000
29,979,000
30,813,000
30,835,000
31,015,000
35,914,000
43,068,000
44,239,000
46,056,000
48,487,000
49,181,000
48,315,000
49,617,000
53,762,000
55,444,000
68,456,000
72,969,000
85,276,000
80,131,000
81,357,000
82,134,000
87,733,000
82,309,000
90,066,000
88,473,000
92,840,000
92,688,000
107,392,000
107,024,000
112,874,000
111,772,000
116,339,000
121,724,000
123,482,000
123,482,000121,724,000116,339,000111,772,000112,874,000107,024,000107,392,00092,688,00092,840,00088,473,00090,066,00082,309,00087,733,00082,134,00081,357,00080,131,00085,276,00072,969,00068,456,00055,444,00053,762,00049,617,00048,315,00049,181,00048,487,00046,056,00044,239,00043,068,00035,914,00031,015,00030,835,00030,813,00029,979,00028,665,00028,495,00026,504,00024,367,00024,136,00023,326,00023,304,00021,877,00019,703,00019,482,00019,287,00016,974,00016,355,00016,139,00016,242,00015,045,00014,887,00014,981,00015,038,00012,691,00012,341,00012,532,00012,519,00012,089,00011,732,00011,734,00011,676,00012,016,0008,652,0008,068,0007,707,0008,033,0007,221,0000
       Goodwill 
0
0
0
0
0
0
9,717,000
9,598,000
9,598,000
9,598,000
9,598,000
9,598,000
9,598,000
9,598,000
9,598,000
9,598,000
9,598,000
9,598,000
9,598,000
9,598,000
9,598,000
9,598,000
9,598,000
9,598,000
9,598,000
9,598,000
9,598,000
9,953,000
9,953,000
9,953,000
9,953,000
9,953,000
9,953,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,954,000
9,999,000
9,999,000
9,954,000
9,954,000
9,954,0009,954,0009,999,0009,999,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,954,0009,953,0009,953,0009,953,0009,953,0009,953,0009,953,0009,598,0009,598,0009,598,0009,598,0009,598,0009,598,0009,598,0009,598,0009,598,0009,598,0009,598,0009,598,0009,598,0009,598,0009,598,0009,598,0009,598,0009,598,0009,598,0009,598,0009,717,000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,457,936,000
902,869,000
1,330,845,000
1,704,505,000
381,219,000
420,860,000
433,279,000
531,841,000
530,106,000
512,113,000
2,130,889,000
2,179,401,000
2,185,272,000
2,265,476,000
2,224,041,000
2,416,791,000
2,554,914,000
756,977,000
2,815,204,000
3,009,164,000
3,044,888,000
3,132,440,000
3,132,440,0003,044,888,0003,009,164,0002,815,204,000756,977,0002,554,914,0002,416,791,0002,224,041,0002,265,476,0002,185,272,0002,179,401,0002,130,889,000512,113,000530,106,000531,841,000433,279,000420,860,000381,219,0001,704,505,0001,330,845,000902,869,0001,457,936,000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
11,643,000
11,979,000
11,993,000
11,986,000
12,000,000
12,075,000
12,086,000
12,072,000
12,155,000
12,218,000
12,204,000
12,253,000
12,263,000
12,203,000
12,228,000
12,346,000
12,381,000
12,449,000
12,371,000
12,495,000
12,522,000
12,949,000
13,144,000
13,177,000
13,131,000
13,245,000
13,242,000
13,189,000
13,302,000
13,549,000
13,562,000
13,505,000
13,562,000
13,868,000
13,978,000
14,033,000
14,135,000
17,209,000
20,125,000
10,310,000
10,518,000
9,150,000
9,282,000
9,390,000
9,642,000
9,713,000
9,904,000
9,929,000
9,912,000
9,711,000
9,400,000
9,143,000
8,977,000
8,802,000
8,514,000
8,336,000
8,110,000
7,968,000
7,672,000
7,467,000
7,251,000
7,251,0007,467,0007,672,0007,968,0008,110,0008,336,0008,514,0008,802,0008,977,0009,143,0009,400,0009,711,0009,912,0009,929,0009,904,0009,713,0009,642,0009,390,0009,282,0009,150,00010,518,00010,310,00020,125,00017,209,00014,135,00014,033,00013,978,00013,868,00013,562,00013,505,00013,562,00013,549,00013,302,00013,189,00013,242,00013,245,00013,131,00013,177,00013,144,00012,949,00012,522,00012,495,00012,371,00012,449,00012,381,00012,346,00012,228,00012,203,00012,263,00012,253,00012,204,00012,218,00012,155,00012,072,00012,086,00012,075,00012,000,00011,986,00011,993,00011,979,00011,643,000000000
       Other Assets 
0
6,360,000
5,314,000
4,582,000
8,613,000
8,181,000
11,211,000
6,966,000
9,558,000
13,077,000
11,088,000
9,172,000
12,083,000
11,581,000
9,657,000
9,222,000
21,284,000
14,682,000
18,982,000
11,105,000
18,368,000
17,817,000
20,078,000
13,319,000
25,251,000
32,837,000
31,426,000
24,838,000
29,193,000
50,266,000
32,510,000
40,185,000
47,760,000
56,835,000
69,064,000
45,631,000
53,555,000
75,652,000
63,496,000
62,639,000
78,568,000
82,686,000
85,520,000
83,137,000
90,074,000
3,563,230,000
3,859,036,000
3,801,316,000
4,044,683,000
3,983,670,000
4,375,451,000
4,232,123,000
4,837,326,000
4,582,425,000
4,902,945,000
4,745,382,000
5,235,080,000
5,043,223,000
5,652,029,000
5,234,027,000
5,670,866,000
5,477,147,000
6,186,644,000
0
6,242,839,000
6,078,097,000
0
06,078,097,0006,242,839,00006,186,644,0005,477,147,0005,670,866,0005,234,027,0005,652,029,0005,043,223,0005,235,080,0004,745,382,0004,902,945,0004,582,425,0004,837,326,0004,232,123,0004,375,451,0003,983,670,0004,044,683,0003,801,316,0003,859,036,0003,563,230,00090,074,00083,137,00085,520,00082,686,00078,568,00062,639,00063,496,00075,652,00053,555,00045,631,00069,064,00056,835,00047,760,00040,185,00032,510,00050,266,00029,193,00024,838,00031,426,00032,837,00025,251,00013,319,00020,078,00017,817,00018,368,00011,105,00018,982,00014,682,00021,284,0009,222,0009,657,00011,581,00012,083,0009,172,00011,088,00013,077,0009,558,0006,966,00011,211,0008,181,0008,613,0004,582,0005,314,0006,360,0000
> Total Liabilities 
0
1,049,540,000
1,156,420,000
1,242,568,000
1,299,024,000
1,318,295,000
1,457,237,000
1,492,016,000
1,718,668,000
1,888,583,000
1,929,396,000
1,975,158,000
2,081,061,000
2,157,641,000
2,226,456,000
2,268,501,000
2,441,946,000
2,497,773,000
2,479,430,000
2,629,961,000
2,786,306,000
3,141,339,000
2,953,664,000
3,207,712,000
3,298,869,000
3,598,131,000
3,628,098,000
3,750,443,000
4,120,707,000
4,746,758,000
4,420,250,000
4,416,769,000
4,576,829,000
4,888,303,000
4,872,327,000
5,113,220,000
5,051,991,000
5,158,110,000
5,166,556,000
5,538,949,000
5,578,850,000
5,777,866,000
5,728,599,000
5,814,246,000
5,752,755,000
6,033,289,000
5,979,792,000
6,202,124,000
6,221,311,000
6,619,186,000
6,703,077,000
6,799,533,000
7,117,641,000
7,392,805,000
7,446,973,000
7,631,094,000
7,902,787,000
8,124,318,000
8,121,625,000
8,383,340,000
8,514,645,000
8,829,330,000
8,779,344,000
9,184,674,000
9,518,990,000
9,753,923,000
9,646,670,000
9,646,670,0009,753,923,0009,518,990,0009,184,674,0008,779,344,0008,829,330,0008,514,645,0008,383,340,0008,121,625,0008,124,318,0007,902,787,0007,631,094,0007,446,973,0007,392,805,0007,117,641,0006,799,533,0006,703,077,0006,619,186,0006,221,311,0006,202,124,0005,979,792,0006,033,289,0005,752,755,0005,814,246,0005,728,599,0005,777,866,0005,578,850,0005,538,949,0005,166,556,0005,158,110,0005,051,991,0005,113,220,0004,872,327,0004,888,303,0004,576,829,0004,416,769,0004,420,250,0004,746,758,0004,120,707,0003,750,443,0003,628,098,0003,598,131,0003,298,869,0003,207,712,0002,953,664,0003,141,339,0002,786,306,0002,629,961,0002,479,430,0002,497,773,0002,441,946,0002,268,501,0002,226,456,0002,157,641,0002,081,061,0001,975,158,0001,929,396,0001,888,583,0001,718,668,0001,492,016,0001,457,237,0001,318,295,0001,299,024,0001,242,568,0001,156,420,0001,049,540,0000
   > Total Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,782,909,000
5,422,113,000
5,379,448,000
5,121,480,000
5,844,952,000
5,507,884,000
6,033,841,000
5,994,152,000
6,619,459,000
6,441,901,000
6,926,066,000
6,875,177,000
7,344,369,000
7,082,363,000
7,752,644,000
7,558,188,000
7,921,233,000
7,954,879,000
8,579,918,000
8,591,837,000
8,835,918,000
0
08,835,918,0008,591,837,0008,579,918,0007,954,879,0007,921,233,0007,558,188,0007,752,644,0007,082,363,0007,344,369,0006,875,177,0006,926,066,0006,441,901,0006,619,459,0005,994,152,0006,033,841,0005,507,884,0005,844,952,0005,121,480,0005,379,448,0005,422,113,0005,782,909,000000000000000000000000000000000000000000000000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
803,192,000
378,996,000
275,733,000
0
381,516,000
0
419,633,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000419,633,0000381,516,0000275,733,000378,996,000803,192,000000000000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
803,192,000
378,996,000
275,733,000
0
381,516,000
0
419,633,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000419,633,0000381,516,0000275,733,000378,996,000803,192,000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,742,208,000
4,714,900,000
4,871,500,000
4,911,619,000
5,252,427,000
5,289,897,000
5,398,106,000
5,716,589,000
6,061,574,000
6,145,069,000
6,348,100,000
6,577,026,000
6,744,255,000
6,741,890,000
7,098,332,000
7,369,277,000
7,678,190,000
7,664,073,000
0
0
8,589,043,000
0
08,589,043,000007,664,073,0007,678,190,0007,369,277,0007,098,332,0006,741,890,0006,744,255,0006,577,026,0006,348,100,0006,145,069,0006,061,574,0005,716,589,0005,398,106,0005,289,897,0005,252,427,0004,911,619,0004,871,500,0004,714,900,0004,742,208,000000000000000000000000000000000000000000000000
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
33,053,000
143,772,000
76,499,000
28,993,000
38,542,000
22,672,000
75,764,000
76,721,000
65,132,000
83,192,000
107,979,000
90,961,000
110,971,000
93,933,000
85,285,000
29,809,000
30,969,000
22,744,000
0
23,111,000
26,050,000
0
026,050,00023,111,000022,744,00030,969,00029,809,00085,285,00093,933,000110,971,00090,961,000107,979,00083,192,00065,132,00076,721,00075,764,00022,672,00038,542,00028,993,00076,499,000143,772,00033,053,000000000000000000000000000000000000000000000000
   > Long-term Liabilities 0000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
22,803,000
24,059,000
19,311,000
32,697,000
32,283,000
39,394,000
31,771,000
46,914,000
56,699,000
52,386,000
32,106,000
63,210,000
62,245,000
67,976,000
37,238,000
63,200,000
52,808,000
54,667,000
43,928,000
65,913,000
66,758,000
71,220,000
64,125,000
97,055,000
82,627,000
118,862,000
90,286,000
119,652,000
131,512,000
138,862,000
116,989,000
145,262,000
151,759,000
165,114,000
138,991,000
166,340,000
177,788,000
174,598,000
151,752,000
180,345,000
157,818,000
187,910,000
193,690,000
227,211,000
147,853,000
10,032,000
64,219,000
140,626,000
113,614,000
136,647,000
71,391,000
77,924,000
108,441,000
117,356,000
85,349,000
112,176,000
126,302,000
107,897,000
157,933,000
226,311,000
213,519,000
210,846,000
0
208,371,000
226,292,000
0
0226,292,000208,371,0000210,846,000213,519,000226,311,000157,933,000107,897,000126,302,000112,176,00085,349,000117,356,000108,441,00077,924,00071,391,000136,647,000113,614,000140,626,00064,219,00010,032,000147,853,000227,211,000193,690,000187,910,000157,818,000180,345,000151,752,000174,598,000177,788,000166,340,000138,991,000165,114,000151,759,000145,262,000116,989,000138,862,000131,512,000119,652,00090,286,000118,862,00082,627,00097,055,00064,125,00071,220,00066,758,00065,913,00043,928,00054,667,00052,808,00063,200,00037,238,00067,976,00062,245,00063,210,00032,106,00052,386,00056,699,00046,914,00031,771,00039,394,00032,283,00032,697,00019,311,00024,059,00022,803,0000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
882,000
0
0
0
1,349,000
0
0
0
1,813,000
0
0
1,867,000
1,867,000
0
0
0
0
0
0
0
00000001,867,0001,867,000001,813,0000001,349,000000882,00000000000000000000000000000000000000000000000000
> Total Stockholder Equity
55,160,000
59,236,000
62,946,000
67,984,000
74,762,000
77,496,000
83,580,000
79,515,000
82,171,000
84,185,000
87,505,000
92,783,000
118,214,000
124,841,000
133,108,000
134,006,000
142,777,000
145,432,000
153,848,000
164,997,000
177,255,000
181,347,000
190,883,000
200,434,000
214,397,000
212,343,000
257,127,000
265,465,000
283,335,000
285,936,000
301,915,000
314,404,000
331,315,000
332,075,000
348,962,000
360,806,000
379,140,000
378,177,000
396,411,000
402,350,000
420,634,000
419,377,000
438,035,000
480,210,000
496,146,000
466,650,000
491,571,000
506,053,000
566,046,000
567,886,000
596,425,000
611,301,000
642,031,000
632,530,000
703,306,000
723,750,000
755,107,000
754,875,000
788,967,000
858,745,000
893,494,000
888,032,000
919,582,000
945,503,000
981,087,000
977,126,000
1,012,235,000
1,012,235,000977,126,000981,087,000945,503,000919,582,000888,032,000893,494,000858,745,000788,967,000754,875,000755,107,000723,750,000703,306,000632,530,000642,031,000611,301,000596,425,000567,886,000566,046,000506,053,000491,571,000466,650,000496,146,000480,210,000438,035,000419,377,000420,634,000402,350,000396,411,000378,177,000379,140,000360,806,000348,962,000332,075,000331,315,000314,404,000301,915,000285,936,000283,335,000265,465,000257,127,000212,343,000214,397,000200,434,000190,883,000181,347,000177,255,000164,997,000153,848,000145,432,000142,777,000134,006,000133,108,000124,841,000118,214,00092,783,00087,505,00084,185,00082,171,00079,515,00083,580,00077,496,00074,762,00067,984,00062,946,00059,236,00055,160,000
   Common Stock
0
14,704,000
14,704,000
14,705,000
14,707,000
14,707,000
14,707,000
14,707,000
14,707,000
14,707,000
19,119,000
19,119,000
21,127,000
21,577,000
21,577,000
21,577,000
21,577,000
21,577,000
21,577,000
21,577,000
21,577,000
21,577,000
21,577,000
21,577,000
21,577,000
21,577,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
25,220,000
0
0
25,220,000
0
025,220,0000025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00025,220,00021,577,00021,577,00021,577,00021,577,00021,577,00021,577,00021,577,00021,577,00021,577,00021,577,00021,577,00021,577,00021,577,00021,127,00019,119,00019,119,00014,707,00014,707,00014,707,00014,707,00014,707,00014,707,00014,705,00014,704,00014,704,0000
   Retained Earnings Total Equity0000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 0000000000000000000000000000000000000000000000000000000000000000000
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,477,000
4,110,000
6,725,000
74,940,000
7,597,000
9,866,000
10,441,000
13,400,000
12,133,000
123,932,000
57,437,000
124,302,000
59,632,000
61,575,000
105,920,000
172,170,000
107,610,000
109,209,000
0
0
108,633,000
0
0108,633,00000109,209,000107,610,000172,170,000105,920,00061,575,00059,632,000124,302,00057,437,000123,932,00012,133,00013,400,00010,441,0009,866,0007,597,00074,940,0006,725,0004,110,0001,477,000000000000000000000000000000000000000000000000



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue337,704,000
Cost of Revenue--
Gross Profit-337,704,000
 
Operating Income (+$)
Gross Profit-
Operating Expense--
Operating Income-0
 
Operating Expense (+$)
Research Development-
Selling General Administrative113,402,000
Selling And Marketing Expenses-
Operating Expense-113,402,000
 
Net Interest Income (+$)
Interest Income372,764,000
Interest Expense-154,373,000
Other Finance Cost-0
Net Interest Income218,391,000
 
Pretax Income (+$)
Operating Income-
Net Interest Income218,391,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)170,914,0000
EBIT - interestExpense = -154,373,000
144,980,000
299,353,000
Interest Expense154,373,000
Earnings Before Interest and Taxes (EBIT)-325,287,000
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax170,914,000
Tax Provision-24,629,000
Net Income From Continuing Ops146,285,000146,285,000
Net Income144,980,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net--218,391,000
 

Technical Analysis of China Merchants Bank Co Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of China Merchants Bank Co Ltd. The general trend of China Merchants Bank Co Ltd is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine China Merchants Bank Co Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of China Merchants Bank Co Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 33.33 < 33.40 < 33.42.

The bearish price targets are: 30.66 > 29.64 > 28.78.

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China Merchants Bank Co Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of China Merchants Bank Co Ltd. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

China Merchants Bank Co Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of China Merchants Bank Co Ltd. The current macd is 0.2137706.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the China Merchants Bank Co Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for China Merchants Bank Co Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the China Merchants Bank Co Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
China Merchants Bank Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartChina Merchants Bank Co Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of China Merchants Bank Co Ltd. The current adx is 18.71.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy China Merchants Bank Co Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
China Merchants Bank Co Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of China Merchants Bank Co Ltd. The current sar is 30.78.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
China Merchants Bank Co Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of China Merchants Bank Co Ltd. The current rsi is 58.21. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
China Merchants Bank Co Ltd Daily Relative Strength Index (RSI) ChartChina Merchants Bank Co Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of China Merchants Bank Co Ltd. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the China Merchants Bank Co Ltd price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
China Merchants Bank Co Ltd Daily Stochastic Oscillator ChartChina Merchants Bank Co Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of China Merchants Bank Co Ltd. The current cci is 115.36.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
China Merchants Bank Co Ltd Daily Commodity Channel Index (CCI) ChartChina Merchants Bank Co Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of China Merchants Bank Co Ltd. The current cmo is 20.58.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
China Merchants Bank Co Ltd Daily Chande Momentum Oscillator (CMO) ChartChina Merchants Bank Co Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of China Merchants Bank Co Ltd. The current willr is -23.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that China Merchants Bank Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
China Merchants Bank Co Ltd Daily Williams %R ChartChina Merchants Bank Co Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of China Merchants Bank Co Ltd.

China Merchants Bank Co Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of China Merchants Bank Co Ltd. The current atr is 0.60822343.

China Merchants Bank Co Ltd Daily Average True Range (ATR) ChartChina Merchants Bank Co Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of China Merchants Bank Co Ltd. The current obv is -745,252,231.

China Merchants Bank Co Ltd Daily On-Balance Volume (OBV) ChartChina Merchants Bank Co Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of China Merchants Bank Co Ltd. The current mfi is 57.09.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
China Merchants Bank Co Ltd Daily Money Flow Index (MFI) ChartChina Merchants Bank Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for China Merchants Bank Co Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-05ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-12-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-25STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-15BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-26RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-14CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

China Merchants Bank Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of China Merchants Bank Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.209
Ma 20Greater thanMa 5031.646
Ma 50Greater thanMa 10031.217
Ma 100Greater thanMa 20029.981
OpenGreater thanClose32.100
Total3/5 (60.0%)
Penke

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