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Bank of China Limited 601988.SS

CN · Shanghai Stock Exchange · XSHG · stock · Financial Services · website

Bank of China Limited statistics & valuation

Market capCN¥1.90T
P / E7.8×
P / S2.9×
P / B0.6×
P / FCF2.5×
Net margin37.0%
FCF margin115.8%
Net cashCN¥1.55T
Enterprise value USD-$19.0B
Graham number +145.8%CN¥14.62

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (CN¥14.62); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
38.70% 37.30% 37.80% 37.00% 2022202320242025
Gross margin (%)
2022202320242025
Operating margin (%)
2022202320242025
Return on equity (%)
9.30% 8.80% 8.40% 7.90% 2022202320242025
Shares outstanding
238.59B 238.59B 238.59B 238.59B 2022202320242025
Net debt (CN¥)
-CN¥2.22T -CN¥2.25T -CN¥1.62T -CN¥1.55T 2022202320242025
Share buybacks (CN¥)
2022202320242025
Return on assets (%)
0.80% 0.70% 0.70% 0.60% 2022202320242025
Free cash flow margin (%)
-8.50% 126.60% 83.20% 115.80% 2022202320242025
Debt / equity (×)
0.78× 0.84× 0.90× 0.91× 2022202320242025
EPS (CN¥)
CN¥0.72 CN¥0.74 CN¥0.75 CN¥0.74 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Bank of China Limited trades at about earnings — above its 10-year norm (10-year range 4.5×–7.3×, median 7.3×).

4.5×

Shaded band = 10-year range (4.5×–7.3×); dot = today's 8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Net margin37.0%37.8%37.3%38.7%
FCF margin115.8%83.2%126.6%-8.5%
Return on assets0.6%0.7%0.7%0.8%
Return on equity7.9%8.4%8.8%9.3%

Computed from company filings · CN · as of 2025-12-31. Figures in CNY. Facts plus Stocktoria's own computed scores — not investment advice.