China Construction Bank Ret. on equity
What is the Ret. on equity of China Construction Bank?
The Ret. on equity of China Construction Bank Corp. is 11.16%
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 China Construction Bank
What does China Construction Bank do?
China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Banking, Personal Banking, Treasury Business, and Others segments. The company accepts various deposits, such as foreign currency, all in one accounts, RMB, corporate term and notification, and corporate demand deposits, as well corporate deposits by agreement. Its loan products include personal business, car, and housing loans; and SME, traditional credit, commercial draft, buyer credit, and RMB credit line loans. The company also offers credit cards; physical gold for personal investment and personal gold accounts; foreign exchange services; certificate treasury and savings bonds, securities deposit accounts, and securities services, as well as bank-securities transfer and book-entry treasury bond over the counter services; and wealth management products. In addition, it provides collection, salaries payment, third-party collection and payment, insurance agency, and remittance services; international settlement and financing, and FI services; securities and fund settlement services; guarantee-based, consulting and advising, and factoring services; fund custody services; and e-banking services. Further, the company offers institutional services comprising services for government agencies, social security, banks cooperation, bank-securities cooperation, bank-insurance cooperation, and services for non-banking financial institutions. It operates 14,741 banking outlets. China Construction Bank Corporation was founded in 1954 and is headquartered in Beijing, the People's Republic of China.
Companies with ret. on equity similar to China Construction Bank
- Lear has Ret. on equity of 11.15%
- Oxford Square Capital Corp has Ret. on equity of 11.16%
- Guangzhou Baiyunshan Pharmaceutical has Ret. on equity of 11.16%
- Impro Precision Industries Ltd has Ret. on equity of 11.16%
- The Karnataka Bank has Ret. on equity of 11.16%
- Franco-Nevada has Ret. on equity of 11.16%
- China Construction Bank has Ret. on equity of 11.16%
- Algoma Central has Ret. on equity of 11.17%
- SB One Bancorp has Ret. on equity of 11.17%
- Palantir Technologies has Ret. on equity of 11.17%
- American Renal Associates has Ret. on equity of 11.17%
- Get Nice has Ret. on equity of 11.17%
- Qingdao Port International Co has Ret. on equity of 11.17%