HKD4.67
0.85% today
Hong Kong, Nov 21, 09:08 am CET
ISIN
CNE1000003G1
Symbol
1398
Index
Sector
Industry

Industrial and Commercial Bank of China Target price 2024 - Analyst rating & recommendation

Industrial and Commercial Bank of China Classifications & Recommendation:

Buy
75%
Hold
25%

Industrial and Commercial Bank of China Price Target

Target Price HKD5.46
Price HKD4.67
Potential
Number of Estimates 13
13 Analysts have issued a price target Industrial and Commercial Bank of China 2025 . The average Industrial and Commercial Bank of China target price is HKD5.46. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 16 analysts: 12 Analysts recommend Industrial and Commercial Bank of China to buy, 4 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Industrial and Commercial Bank of China stock has an average upside potential 2025 of . Most analysts recommend the Industrial and Commercial Bank of China stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion HKD 1,736.68 856.26
0.13% 50.70%
Net Margin 22.16% 43.65%
4.55% 96.94%

19 Analysts have issued a sales forecast Industrial and Commercial Bank of China 2024 . The average Industrial and Commercial Bank of China sales estimate is

HKD856b
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. This is
50.50% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
HKD896b 48.19%
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, the lowest is
HKD782b 54.78%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 HKD1.7t 0.13%
2024
HKD856b 50.70%
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2025
HKD867b 1.23%
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2026
HKD906b 4.47%
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5 Industrial and Commercial Bank of China Analysts have issued a net profit forecast 2024. The average Industrial and Commercial Bank of China net profit estimate is

HKD374b
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. This is
5.53% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
HKD382b 3.52%
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, the lowest is
HKD363b 8.28%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 HKD385b 4.42%
2024
HKD374b 2.90%
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2025
HKD377b 0.76%
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2026
HKD395b 4.83%
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Net Margin

2023 22.16% 4.55%
2024
43.65% 96.94%
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2025
43.45% 0.46%
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2026
43.59% 0.32%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Dec '23 2024
Estimates
Earnings Per Share HKD 1.08 1.05
4.42% 2.78%
P/E 4.49
EV/Sales 7.96

5 Analysts have issued a Industrial and Commercial Bank of China forecast for earnings per share. The average Industrial and Commercial Bank of China <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

HKD1.05
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. This is
5.41% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
HKD1.07 3.60%
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, the lowest is
HKD1.02 8.11%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 HKD1.08 4.42%
2024
HKD1.05 2.78%
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2025
HKD1.06 0.95%
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2026
HKD1.11 4.72%
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P/E ratio

Current 4.25 28.01%
2024
4.49 5.65%
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2025
4.46 0.67%
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2026
4.25 4.71%
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Based on analysts' sales estimates for 2024, the Industrial and Commercial Bank of China stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 3.94 98.99%
2024
7.96 101.99%
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2025
7.86 1.22%
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2026
7.53 4.28%
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P/S ratio

Current 0.97 25.71%
2024
1.96 102.01%
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2025
1.94 1.22%
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2026
1.85 4.28%
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