Industrial and Commercial Bank of China (601398) Stock Price, Fundamentals & Analysis

What 601398 does

Industrial and Commercial Bank of China (601398) is a large bank listed on the Shanghai Stock Exchange stocks that provides banking products and services across China and internationally. It operates through three segments: Corporate Banking (corporate loans, trade financing, and custody services), Personal Banking (personal loans, deposits, cards, and wealth management), and Treasury Operations (money market, securities, and foreign exchange transactions). The stock is part of the CSI 300 index and sits in the Financial Services sector, Banks - Diversified industry.

Key numbers explained

• 8.13 CNY is the current share price, the amount you would pay for one share right now.
• The trailing P/E ratio of 8 shows the price you pay per unit of the company's last 12 months of earnings; a lower number can suggest the stock is priced conservatively relative to recent earnings.
• The forward P/E ratio of 7.6 uses expected future earnings, giving a sense of how the market values the company's earnings outlook.
• The dividend yield of 3.82% tells you the annual dividend payment as a percentage of the current share price, representing the cash return shareholders receive.
• The exDividendDate of May 13, 2026 is the date by which you must own the stock to receive the next dividend payment.
• 47% of earnings are paid out as dividends, indicating the portion of profit returned to shareholders rather than retained by the bank.
• The beta of 0.14 suggests the stock tends to move much less than the overall market, reflecting lower volatility.
• The 52-week range of 6.85 – 8.4 shows the lowest and highest prices over the past year, with the current price near the upper end of that range.

What to watch

For a bank stock like Industrial and Commercial Bank of China, investors typically monitor interest rate movements, credit quality, and loan growth. Regulatory changes in China's financial sector can also affect the stock's performance. The company's large size and diversified operations are factors that shape how the market values it relative to peers such as Founder Securities (601901), New China Life Insurance (601336), Ping An Insurance (601318), CINDA SECURITIES (601059), BANK OF CHENGDU (601838), China Zheshang Bank (601916), and Bank of Shanghai (601229).