Postal Savings Bank of China Co Ret. on equity
What is the Ret. on equity of Postal Savings Bank of China Co?
The Ret. on equity of Postal Savings Bank of China Co., Ltd. is 10.24%
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 SSE compared to Postal Savings Bank of China Co
What does Postal Savings Bank of China Co do?
Postal Savings Bank of China Co., Ltd. provides various banking products and services for retail and corporate customers in the People's Republic of China. Its Personal Banking segment offers savings products, such as demand, time, personal call, time/demand optional, and foreign currency deposits; passbooks; certificate of deposits; micro, personal pledged, and personal business loans; debit and credit cards; wealth management products and funds; and insurance agency services. This segment is also involved in distribution of fund products, electronic bonds, and precious metals; and provides payment and collection agency, various settlement, domestic remittance and exchange, cross-border remittance, personal exchange settlement and sale, and foreign currency exchange services. The company's Corporate Banking segment provides time, demand, call, and negotiated deposits; working capital, fixed asset, trade finance, stock pledge, land reserve, syndicated, real estate development, property mortgage, and consignment loans; cash management services; negotiable instruments; trade finance and international settlement services; and financial markets services. Its Treasury segment offers interbank lending transactions, repurchase and resale transactions, debt instrument investments, equity instrument investment, investment banking, bond securities, and wealth management products, etc., as well as trades in financial products comprising money market, fixed income, and foreign exchange products, as well as derivatives and precious metals. The company also provides online, mobile, and self-service banking services. As of December 31, 2020, it had 39,631 outlets, including 8,568 directly operated outlets and 31,763 agency outlets. The company was founded in 2007 and is headquartered in Beijing, the People's Republic of China. Postal Savings Bank of China Co., Ltd. is a subsidiary of China Post Group Corporation.
Companies with ret. on equity similar to Postal Savings Bank of China Co
- V.S.T. Tillers Tractors has Ret. on equity of 10.23%
- Mincon plc has Ret. on equity of 10.23%
- ACC has Ret. on equity of 10.23%
- Life Storage Inc has Ret. on equity of 10.23%
- Nath Bio-Genes (India) has Ret. on equity of 10.23%
- Iridium Communications Inc has Ret. on equity of 10.24%
- Postal Savings Bank of China Co has Ret. on equity of 10.24%
- Ocean Bio-Chem has Ret. on equity of 10.24%
- NHPC has Ret. on equity of 10.24%
- Suez SA has Ret. on equity of 10.24%
- SUEZ SA has Ret. on equity of 10.24%
- D. B. Corp has Ret. on equity of 10.25%
- Bajaj & Investment has Ret. on equity of 10.25%