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China Merchants Bank Co., Ltd.

HKD 51.2 -$2.35 (-4.39%)

HKSE · 15 Sep 2026 08:08 UTC

Previous Close

HKD 52.75

Day Range

HKD 51.1HKD 52.8

Year Range

HKD 43.34HKD 53.7

Market Cap

1.29T

AVG Volume

13.29M

Trailing/Forward PE

7.04/7.1

PEG ratio

1.7

Dividend Yield

4.91%

Next Earnings Date

2026-10-23

Primary Exchange

Hong Kong Stock Exchange

Revenue (CNY)

3968.HK Revenue (CNY) by quarter
Period	Revenue (CNY)
26 Q2	118.11B
26 Q1	72.09B
25 Q4	112.13B
25 Q3	114.05B
25 Q2	119.4B
25 Q1	119.83B
24 Q4	120.89B
24 Q3	120.47B
24 Q2	126.39B
24 Q1	128.55B

Net Income (CNY)

3968.HK Net Income (CNY) by quarter
Period	Net Income (CNY)
26 Q2	38.43B
26 Q1	37.85B
25 Q4	36.41B
25 Q3	38.83B
25 Q2	37.64B
25 Q1	37.29B
24 Q4	35.21B
24 Q3	38.44B
24 Q2	36.67B
24 Q1	38.08B

Operating Income (CNY)

3968.HK Operating Income (CNY) by quarter
Period	Operating Income (CNY)
26 Q2	46.1B
26 Q1	47.35B
25 Q4	43.9B
25 Q3	46.17B
25 Q2	44.66B
25 Q1	44.24B
24 Q4	44.58B
24 Q3	44.43B
24 Q2	44.45B
24 Q1	45.19B

EBITDA (CNY)

3968.HK EBITDA (CNY) by quarter
Period	EBITDA (CNY)
26 Q2	43.25B
26 Q1	47.35B
25 Q4	43.9B
25 Q3	43.23B
25 Q2	44.66B
25 Q1	44.24B
24 Q4	44.58B
24 Q3	44.43B
24 Q2	48.75B
24 Q1	49.04B

Cash Flows (CNY)

3968.HK Cash Flows (CNY) by quarter
Period	Cash Flows (CNY)
26 Q2	21.62B
26 Q1	120.42B
25 Q4	262.9B
25 Q3	12.31B
25 Q2	35.33B
25 Q1	91.93B
24 Q4	150.91B
24 Q3	171.57B
24 Q2	101.78B
24 Q1	-12.18B

EPS (CNY)

3968.HK EPS (CNY) by quarter
Period	EPS (CNY)
26 Q2	1.52
26 Q1	1.49
25 Q4	1.38
25 Q3	1.54
25 Q2	1.49
25 Q1	1.48
24 Q4	1.4
24 Q3	1.52
24 Q2	1.38
24 Q1	1.51

Expenses (CNY)

3968.HK Expenses (CNY) by quarter
Period	Expenses (CNY)
26 Q2	35.79B
26 Q1	22.96B
25 Q4	45.33B
25 Q3	8.46B
25 Q2	31.29B
25 Q1	27.08B
24 Q4	-31.37B
24 Q3	30.79B
24 Q2	3.67B
24 Q1	35.47B

Cash & Debt (CNY)

3968.HK Cash & Debt (CNY) by quarter
Period	Cash & Debt (CNY)
26 Q2	674.82B
26 Q1	581.73B
25 Q4	1.97T
25 Q3	545.29B
25 Q2	1.24T
25 Q1	2.05T
24 Q4	2.1T
24 Q3	1.96T
24 Q2	1.1T
24 Q1	1.2T

Debt ratios

3968.HK Debt ratios by quarter
Period	Debt ratios
26 Q2	7.01
26 Q1	6.97
25 Q4	-8.88
25 Q3	6.03
25 Q2	-4.52
25 Q1	-8.83
24 Q4	-8.73
24 Q3	-7.92
24 Q2	-1.94
24 Q1	-3.29

Margins

3968.HK Margins by quarter
Period	Margins
26 Q2	74.39%
26 Q1	101.47%
25 Q4	71.91%
25 Q3	63.13%
25 Q2	70.81%
25 Q1	69.89%
24 Q4	67.95%
24 Q3	66.21%
24 Q2	67.23%
24 Q1	67.22%

Return on Capital

3968.HK Return on Capital by quarter
Period	Return on Capital
26 Q2	3.33%
26 Q1	3.33%
25 Q4	2.84%
25 Q3	3.45%
25 Q2	2.9%
25 Q1	2.97%
24 Q4	2.85%
24 Q3	3.31%
24 Q2	3.28%
24 Q1	3.38%

Shares Outstanding

3968.HK Shares Outstanding by quarter
Period	Shares Outstanding
26 Q2	25.22B
26 Q1	25.22B
25 Q4	26.35B
25 Q3	25.22B
25 Q2	25.19B
25 Q1	25.19B
24 Q4	25.22B
24 Q3	25.22B
24 Q2	25.22B
24 Q1	25.22B

Dividends (CNY)

3968.HK Dividends (CNY) by quarter
Period	Dividends (CNY)
Jul 26	1.15
Jan 26	1.12
Jul 25	2.19
Jul 24	2.16
Jul 23	1.89
Jul 22	1.78
Jul 21	1.5
Jul 20	1.31
Jul 19	1.07
Jul 18	1.01

Book Value Per Share (CNY)

3968.HK Book Value Per Share (CNY) by quarter
Period	Book Value Per Share (CNY)
26 Q2	45.72
26 Q1	45.07
25 Q4	48.62
25 Q3	44.61
25 Q2	51.48
25 Q1	49.77
24 Q4	48.91
24 Q3	45.98
24 Q2	44.29
24 Q1	44.63

Total Assets (CNY)

3968.HK Total Assets (CNY) by quarter
Period	Total Assets (CNY)
26 Q2	13.78T
26 Q1	13.44T
25 Q4	13.07T
25 Q3	12.64T
25 Q2	12.66T
25 Q1	12.53T
24 Q4	12.15T
24 Q3	11.65T
24 Q2	11.57T
24 Q1	11.52T

PE Ratio

3968.HK PE Ratio by quarter
Period	PE Ratio
Sep 26	7.55
Sep 26	7.43
Sep 26	7.64
Aug 26	7.04
Aug 26	7.09
Aug 26	6.89
Aug 26	7.01
Jul 26	7.33
Jul 26	7.04
Jul 26	6.81
Jul 26	6.61
Jul 26	6.39
Jun 26	6.8
Jun 26	7.15
Jun 26	7.48
Jun 26	7.3
May 26	7.14
May 26	7.04
May 26	7.16
May 26	7.2
Apr 26	7.2
Apr 26	7.72
Apr 26	7.72
Apr 26	7.65
Apr 26	7.66
Mar 26	7.31
Mar 26	7.27
Mar 26	7.35
Mar 26	7.28
Feb 26	7.25
Feb 26	7.35
Feb 26	7.3
Feb 26	7.4
Jan 26	7.21
Jan 26	7.02
Jan 26	7.19
Jan 26	7.6
Jan 26	8.14
Dec 25	7.89
Dec 25	7.83
Dec 25	7.88
Dec 25	8.27
Nov 25	8.06
Nov 25	7.94
Nov 25	8.03
Nov 25	7.96
Oct 25	7.55
Oct 25	7.72
Oct 25	7.63
Oct 25	7.19
Oct 25	7.23
Sep 25	7.15
Sep 25	7.37
Sep 25	7.53
Sep 25	7.4
Aug 25	7.49
Aug 25	7.57
Aug 25	7.65
Aug 25	7.86
Aug 25	7.89
Jul 25	8.21
Jul 25	8.1
Jul 25	7.99
Jul 25	8.09
Jun 25	8.56
Jun 25	8.23
Jun 25	8.06
Jun 25	7.82
May 25	7.63
May 25	7.74
May 25	7.7
May 25	7.27
May 25	6.91
Apr 25	7.06
Apr 25	6.93
Apr 25	6.92
Apr 25	7.12
Mar 25	7.37
Mar 25	7.81
Mar 25	8
Mar 25	7.67
Feb 25	7.36
Feb 25	7.23
Feb 25	7.29
Feb 25	6.89
Jan 25	6.86
Jan 25	6.88
Jan 25	6.7
Jan 25	6.19
Jan 25	6.24
Dec 24	6.46
Dec 24	6.26
Dec 24	6.11
Dec 24	5.99
Nov 24	5.68
Nov 24	5.65
Nov 24	5.87
Nov 24	6.25
Nov 24	6.06
Oct 24	6.29

Free Cash Flow Yield

3968.HK Free Cash Flow Yield by quarter
Period	Free Cash Flow Yield
Sep 26	37.87%
Sep 26	38.46%
Sep 26	37.42%
Aug 26	40.63%
Aug 26	40.32%
Aug 26	41.48%
Aug 26	40.81%
Jul 26	39%
Jul 26	40.58%
Jul 26	41.99%
Jul 26	43.24%
Jul 26	44.72%
Jun 26	39.42%
Jun 26	37.5%
Jun 26	35.83%
Jun 26	36.71%
May 26	37.56%
May 26	38.08%
May 26	37.42%
May 26	37.23%
Apr 26	37.21%
Apr 26	34.74%
Apr 26	34.72%
Apr 26	35.04%
Apr 26	34.99%
Mar 26	26.66%
Mar 26	26.83%
Mar 26	26.54%
Mar 26	26.77%
Feb 26	26.9%
Feb 26	26.53%
Feb 26	26.71%
Feb 26	26.37%
Jan 26	27.05%
Jan 26	27.8%
Jan 26	27.13%
Jan 26	25.66%
Jan 26	23.96%
Dec 25	38.36%
Dec 25	38.65%
Dec 25	38.43%
Dec 25	36.6%
Nov 25	37.56%
Nov 25	38.11%
Nov 25	37.69%
Nov 25	38.04%
Oct 25	40.07%
Oct 25	39.2%
Oct 25	39.67%
Oct 25	42.08%
Oct 25	41.89%
Sep 25	48.92%
Sep 25	47.47%
Sep 25	46.44%
Sep 25	47.25%
Aug 25	46.68%
Aug 25	46.23%
Aug 25	45.71%
Aug 25	44.51%
Aug 25	44.34%
Jul 25	42.62%
Jul 25	43.17%
Jul 25	43.78%
Jul 25	43.25%
Jun 25	32.43%
Jun 25	33.74%
Jun 25	34.45%
Jun 25	35.49%
May 25	36.39%
May 25	35.86%
May 25	36.07%
May 25	38.18%
May 25	40.17%
Apr 25	39.31%
Apr 25	40.08%
Apr 25	40.12%
Apr 25	39.01%
Mar 25	51.69%
Mar 25	48.77%
Mar 25	47.61%
Mar 25	49.67%
Feb 25	51.73%
Feb 25	52.71%
Feb 25	52.26%
Feb 25	55.29%
Jan 25	55.51%
Jan 25	55.4%
Jan 25	56.85%
Jan 25	61.5%
Jan 25	61.05%
Dec 24	35.97%
Dec 24	37.12%
Dec 24	38.01%
Dec 24	38.78%
Nov 24	40.88%
Nov 24	41.1%
Nov 24	39.56%
Nov 24	37.19%
Nov 24	38.34%
Oct 24	36.96%

Price to Sales

3968.HK Price to Sales by quarter
Period	Price to Sales
Sep 26	2.72
Sep 26	2.68
Sep 26	2.76
Aug 26	2.54
Aug 26	2.56
Aug 26	2.49
Aug 26	2.53
Jul 26	2.65
Jul 26	2.54
Jul 26	2.46
Jul 26	2.39
Jul 26	2.31
Jun 26	2.19
Jun 26	2.31
Jun 26	2.41
Jun 26	2.36
May 26	2.3
May 26	2.27
May 26	2.31
May 26	2.32
Apr 26	2.32
Apr 26	2.49
Apr 26	2.49
Apr 26	2.47
Apr 26	2.47
Mar 26	2.3
Mar 26	2.28
Mar 26	2.31
Mar 26	2.29
Feb 26	2.28
Feb 26	2.31
Feb 26	2.29
Feb 26	2.32
Jan 26	2.26
Jan 26	2.2
Jan 26	2.26
Jan 26	2.39
Jan 26	2.56
Dec 25	2.44
Dec 25	2.42
Dec 25	2.43
Dec 25	2.56
Nov 25	2.49
Nov 25	2.46
Nov 25	2.48
Nov 25	2.46
Oct 25	2.34
Oct 25	2.39
Oct 25	2.36
Oct 25	2.22
Oct 25	2.23
Sep 25	2.16
Sep 25	2.23
Sep 25	2.28
Sep 25	2.24
Aug 25	2.27
Aug 25	2.29
Aug 25	2.32
Aug 25	2.38
Aug 25	2.39
Jul 25	2.48
Jul 25	2.45
Jul 25	2.42
Jul 25	2.45
Jun 25	2.56
Jun 25	2.46
Jun 25	2.41
Jun 25	2.34
May 25	2.28
May 25	2.32
May 25	2.3
May 25	2.17
May 25	2.07
Apr 25	2.11
Apr 25	2.07
Apr 25	2.07
Apr 25	2.13
Mar 25	2.18
Mar 25	2.31
Mar 25	2.36
Mar 25	2.27
Feb 25	2.18
Feb 25	2.14
Feb 25	2.15
Feb 25	2.04
Jan 25	2.03
Jan 25	2.03
Jan 25	1.98
Jan 25	1.83
Jan 25	1.84
Dec 24	1.9
Dec 24	1.84
Dec 24	1.79
Dec 24	1.76
Nov 24	1.67
Nov 24	1.66
Nov 24	1.72
Nov 24	1.83
Nov 24	1.78
Oct 24	1.85

EV/EBITDA

3968.HK EV/EBITDA by quarter
Period	EV/EBITDA
Sep 26	13.32
Sep 26	13.23
Sep 26	13.4
Aug 26	12.89
Aug 26	12.94
Aug 26	12.77
Aug 26	12.86
Jul 26	13.14
Jul 26	12.9
Jul 26	12.7
Jul 26	12.53
Jul 26	12.35
Jun 26	-3.08
Jun 26	-2.79
Jun 26	-2.5
Jun 26	-2.66
May 26	-2.8
May 26	-2.88
May 26	-2.77
May 26	-2.74
Apr 26	-2.74
Apr 26	-2.3
Apr 26	-2.3
Apr 26	-2.36
Apr 26	-2.35
Mar 26	12.2
Mar 26	12.16
Mar 26	12.23
Mar 26	12.17
Feb 26	12.14
Feb 26	12.23
Feb 26	12.19
Feb 26	12.27
Jan 26	12.11
Jan 26	11.95
Jan 26	12.09
Jan 26	12.44
Jan 26	12.89
Dec 25	2.07
Dec 25	2.02
Dec 25	2.06
Dec 25	2.39
Nov 25	2.21
Nov 25	2.12
Nov 25	2.19
Nov 25	2.13
Oct 25	1.79
Oct 25	1.93
Oct 25	1.85
Oct 25	1.49
Oct 25	1.52
Sep 25	-3.04
Sep 25	-2.86
Sep 25	-2.73
Sep 25	-2.83
Aug 25	-2.76
Aug 25	-2.7
Aug 25	-2.63
Aug 25	-2.46
Aug 25	-2.44
Jul 25	-2.18
Jul 25	-2.26
Jul 25	-2.35
Jul 25	-2.28
Jun 25	-1.92
Jun 25	-2.19
Jun 25	-2.32
Jun 25	-2.51
May 25	-2.66
May 25	-2.57
May 25	-2.61
May 25	-2.95
May 25	-3.23
Apr 25	-3.11
Apr 25	-3.22
Apr 25	-3.23
Apr 25	-3.07
Mar 25	-2.17
Mar 25	-1.83
Mar 25	-1.68
Mar 25	-1.94
Feb 25	-2.17
Feb 25	-2.28
Feb 25	-2.23
Feb 25	-2.55
Jan 25	-2.57
Jan 25	-2.56
Jan 25	-2.69
Jan 25	-3.09
Jan 25	-3.05
Dec 24	3.09
Dec 24	2.94
Dec 24	2.82
Dec 24	2.73
Nov 24	2.49
Nov 24	2.46
Nov 24	2.64
Nov 24	2.93
Nov 24	2.78
Oct 24	2.96

Price/Operating Cashflow

3968.HK Price/Operating Cashflow by quarter
Period	Price/Operating Cashflow
Sep 26	2.47
Sep 26	2.43
Sep 26	2.5
Aug 26	2.3
Aug 26	2.32
Aug 26	2.25
Aug 26	2.29
Jul 26	2.4
Jul 26	2.3
Jul 26	2.22
Jul 26	2.16
Jul 26	2.09
Jun 26	2.37
Jun 26	2.49
Jun 26	2.61
Jun 26	2.55
May 26	2.49
May 26	2.45
May 26	2.5
May 26	2.51
Apr 26	2.51
Apr 26	2.69
Apr 26	2.69
Apr 26	2.67
Apr 26	2.67
Mar 26	3.46
Mar 26	3.44
Mar 26	3.47
Mar 26	3.44
Feb 26	3.43
Feb 26	3.48
Feb 26	3.45
Feb 26	3.5
Jan 26	3.41
Jan 26	3.32
Jan 26	3.4
Jan 26	3.59
Jan 26	3.85
Dec 25	2.48
Dec 25	2.46
Dec 25	2.47
Dec 25	2.6
Nov 25	2.53
Nov 25	2.49
Nov 25	2.52
Nov 25	2.5
Oct 25	2.37
Oct 25	2.42
Oct 25	2.4
Oct 25	2.26
Oct 25	2.27
Sep 25	1.94
Sep 25	2
Sep 25	2.05
Sep 25	2.01
Aug 25	2.04
Aug 25	2.06
Aug 25	2.08
Aug 25	2.13
Aug 25	2.14
Jul 25	2.23
Jul 25	2.2
Jul 25	2.17
Jul 25	2.2
Jun 25	2.84
Jun 25	2.73
Jun 25	2.68
Jun 25	2.6
May 25	2.53
May 25	2.57
May 25	2.56
May 25	2.41
May 25	2.29
Apr 25	2.35
Apr 25	2.3
Apr 25	2.3
Apr 25	2.36
Mar 25	1.82
Mar 25	1.93
Mar 25	1.97
Mar 25	1.89
Feb 25	1.82
Feb 25	1.78
Feb 25	1.8
Feb 25	1.7
Jan 25	1.69
Jan 25	1.7
Jan 25	1.65
Jan 25	1.53
Jan 25	1.54
Dec 24	2.53
Dec 24	2.45
Dec 24	2.39
Dec 24	2.35
Nov 24	2.23
Nov 24	2.21
Nov 24	2.3
Nov 24	2.45
Nov 24	2.37
Oct 24	2.46

Price to Book

3968.HK Price to Book by quarter
Period	Price to Book
Sep 26	1
Sep 26	0.99
Sep 26	1.01
Aug 26	0.93
Aug 26	0.94
Aug 26	0.91
Aug 26	0.93
Jul 26	0.97
Jul 26	0.93
Jul 26	0.9
Jul 26	0.88
Jul 26	0.85
Jun 26	0.8
Jun 26	0.84
Jun 26	0.88
Jun 26	0.86
May 26	0.84
May 26	0.83
May 26	0.84
May 26	0.84
Apr 26	0.84
Apr 26	0.9
Apr 26	0.91
Apr 26	0.9
Apr 26	0.9
Mar 26	0.97
Mar 26	0.96
Mar 26	0.97
Mar 26	0.96
Feb 26	0.96
Feb 26	0.97
Feb 26	0.97
Feb 26	0.98
Jan 26	0.95
Jan 26	0.93
Jan 26	0.95
Jan 26	1.01
Jan 26	1.08
Dec 25	0.9
Dec 25	0.9
Dec 25	0.9
Dec 25	0.95
Nov 25	0.92
Nov 25	0.91
Nov 25	0.92
Nov 25	0.91
Oct 25	0.87
Oct 25	0.88
Oct 25	0.87
Oct 25	0.82
Oct 25	0.83
Sep 25	0.84
Sep 25	0.87
Sep 25	0.89
Sep 25	0.87
Aug 25	0.88
Aug 25	0.89
Aug 25	0.9
Aug 25	0.92
Aug 25	0.93
Jul 25	0.97
Jul 25	0.95
Jul 25	0.94
Jul 25	0.95
Jun 25	1.03
Jun 25	0.99
Jun 25	0.97
Jun 25	0.94
May 25	0.92
May 25	0.93
May 25	0.93
May 25	0.88
May 25	0.83
Apr 25	0.85
Apr 25	0.83
Apr 25	0.83
Apr 25	0.86
Mar 25	0.93
Mar 25	0.98
Mar 25	1.01
Mar 25	0.96
Feb 25	0.93
Feb 25	0.91
Feb 25	0.92
Feb 25	0.87
Jan 25	0.86
Jan 25	0.86
Jan 25	0.84
Jan 25	0.78
Jan 25	0.78
Dec 24	0.84
Dec 24	0.82
Dec 24	0.8
Dec 24	0.78
Nov 24	0.74
Nov 24	0.74
Nov 24	0.77
Nov 24	0.81
Nov 24	0.79
Oct 24	0.82

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China Merchants Bank Co., Ltd.

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