China Minsheng Banking Corp., Ltd.
600016.SS

$22.83 B
Marketcap
$0.53
Share price
Country
$-0.02
Change (1 day)
$0.61
Year High
$0.45
Year Low
Categories

China Minsheng Banking Corp., Ltd. provides various financial products and services to individuals, small and micro-enterprises, corporate customers, government agencies, and financial institutions in the People's Republic of China. The company operates through Corporate Banking, Retail Banking, and Others segments. Its deposit products include saving accounts, deposit certificates, contracted deposits, agreement deposits, call deposits, corporate term deposits, and corporate current deposits. The company also offers personal housing mortgage, individual automobile purchase, household composite consumption, home, medium and long term, and short-term working capital loans; micro-credit products for individuals; debit and credit cards; and safe deposit boxes. In addition, it provides payment and collection, and clearing services, as well as internet, mobile, and telephone banking services. Further, the company offers gross settlement; wages distribution agency and letter of guarantee; cash management; trade finance; industrial chain finance; individual forex settlement, forex remittance, travelers promissory notes, collection, individual deposit certificate, and guarantee letter products; and comprehensive credit granting, forex settlement and sale, financial product investment, and trust financing services. Additionally, it provides convenient finance, investment banking, and asset management services, as well as non-financial services in the education, business travel, traveler, art, luxury life, health, club, and isports areas. As of December 31, 2021, the company has approximately 140 branch-level institutions, 1,193 business outlets, 1,078 community sub-branches, and 136 small business sub-branches. China Minsheng Banking Corp., Ltd. was founded in 1996 and is headquartered in Beijing, the People's Republic of China.

marketcap

P/B ratio for China Minsheng Banking Corp., Ltd. (600016.SS)

P/B ratio as of 2023: 0.30

According to China Minsheng Banking Corp., Ltd.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.30. At the end of 2022 the company had a P/B ratio of 0.25.

P/B ratio history for China Minsheng Banking Corp., Ltd. from 1997 to 2023

P/B ratio at the end of each year

Year P/B ratio
2023 0.30
2022 0.25
2021 0.30
2020 0.43
2019 0.53
2018 0.59
2017 0.82
2016 0.97
2015 1.13
2014 1.54
2013 1.11
2012 1.35
2011 1.21
2010 1.29
2009 1.48
2008 1.18
2007 3.37
2006 5.39
2005 2.07
2004 1.85
2003 3.20
2002 3.83
2001 5.85
2000 4.81
1999 20.31
1998 19.22
1997 19.98