Agricultural Bank of China Ret. on equity
What is the Ret. on equity of Agricultural Bank of China?
The Ret. on equity of Agricultural Bank of China Limited is 10.16%
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 HKSE compared to Agricultural Bank of China
What does Agricultural Bank of China do?
Agricultural Bank of China Limited provides corporate and retail banking products and services. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. It offers demand, personal call, foreign currency time, foreign currency call, time or demand optional, foreign exchange demand, foreign exchange call, foreign exchange time, certificates of deposit, savings, agreed-term, and negotiated deposits; and loans comprise housing, consumer, business, fixed asset, working capital, real estate, and entrusted syndicated loans, as well as trade finances, guarantees and commitments, and loans with custody of export rebates accounts. The company also provides credit card, debit card, payment and settlement, private banking, cash management, investment banking, custody, financial market, and financial institution services, as well as trading and wealth management services; and personal fund collection and automatic transfer services. In addition, it offers agro-related personal and corporate banking products and services; personal and online, telephone, mobile, self-service, television, and SMS banking services; financial leasing services; fund management services; assets custodian services; debt-to-equity swap and related services; and life, health, and accident insurance, as well as reinsurance products. As of December 31, 2021, the company had 22,807 domestic branches, including three specialized institutions, 4 training institutes, 37 tier-1 branches, 402 tier-2 branches, 3,348 tier-1 sub-branches, 18,961 foundation-level branch outlets and 50 other establishments; and 13 overseas branches in Hong Kong, Singapore, Seoul, New York, Dubai International Financial Centre, Tokyo, Frankfurt, Sydney, Luxemburg, Dubai, London, Macao, and Hanoi; and four overseas representative offices in Vancouver, Taipei, Sao Paulo, and Dushanbe. Agricultural Bank of China Limited was founded in 1951 and is based in Beijing, the People's Republic of China.
Companies with ret. on equity similar to Agricultural Bank of China
- Suzhou TZTEK Technology Co has Ret. on equity of 10.14%
- Playa Hotels & Resorts N.V has Ret. on equity of 10.15%
- Shree Pushkar Chemicals & Fertilisers has Ret. on equity of 10.15%
- Kerry Plc has Ret. on equity of 10.15%
- Manpower Greater China has Ret. on equity of 10.16%
- National Fuel Gas Co has Ret. on equity of 10.16%
- Agricultural Bank of China has Ret. on equity of 10.16%
- Balfour Beatty plc has Ret. on equity of 10.16%
- Banner has Ret. on equity of 10.16%
- Peugeot SA has Ret. on equity of 10.16%
- Mercury Laboratories has Ret. on equity of 10.16%
- Pro Fin Capital Services has Ret. on equity of 10.17%
- BYD Co has Ret. on equity of 10.17%