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China Merchants Bank Revenue Chart
$18.86 $0.04 (0.21%) CIHKY stock closing price Jun 22, 2018 (Closing)
The latest 2018-Q1 China Merchants Bank revenue is 13.78B. Compare China Merchants Bank revenue chart with Banco Do Brasil revenue, Shinhan Financial revenue.
CIHKY Revenue Chart
You can do annual as well as quarterly comparisons of China Merchants Bank Co Ltd net sales with its competitor companies like Banco Do Brasil, Shinhan Financial. Over the 5 year period China Merchants Bank revenue in 2015 was highest at 47.79B. In the latest quarter, CIHKY revenue 2018-Q1 has changed from 12.22B to 13.78B implying an increase of 12.72%.
China Merchants Bank Quarterly Revenue
* Past 5 years Range
|Max CIHKY Revenue||$13.78B||Mar, 2018|
|Min CIHKY Revenue||$6.99B||Dec, 2012|
China Merchants Bank Annual Revenue
* Past 5 years Range
|Max CIHKY Revenue||$47.79B||Dec, 2015|
|Min CIHKY Revenue||$33.55B||Dec, 2013|
China Merchants Bank Annual Revenue VS Peers
|China Merchants Bank Revenue||$46.94B||$43.77B||$47.79B||$45.13B||$33.55B|
|Banco Do Brasil Revenue||----||$56.06B||$64.56B||$74.83B||$65.87B|
|Shinhan Financial Revenue||$16.9B||$16.84B||$16.52B||$14.1B||$13.53B|
China Merchants Bank Stock Articles
Revenue, Sales, Turnover or net sales basically describes the Dollar value of transactions that result in incomes to a business as a result of business or operating activities during a specific period of time. Most often, this number is reported on a quarterly or annual basis. Since this features right at the top of an income statement, or profit and loss statement, also known as the statement of operations, the line item is also known as the ‘top line’ for a company. Other commonly used phrases include gross income and income from operations under IFRS. When you deduct expenses, costs and overheads, you arrive at the profit figure. For instance, when you net off China Merchants Bank revenue with China Merchants Bank expenses, the figure that you arrive at will be China Merchants Bank profit. This profit is also known as the bottom line due to its proximity to the bottom on the income statement. Growing top line numbers are a sign of financial health. That said, sales cannot be viewed on a standalone basis without considering profits, because ultimately, businesses are run with the aim of making profits after covering costs. Revenue can be calculated in two ways based on the type of accounting followed: accrual accounting or cashflow accounting. It’s a good exercise to to compare China Merchants Bank revenue with that of its peers. For instance, you can compare Agricultural Bank of China topline, with National Bank Of Canada topline, CHINA MINSHENG topline, etc to assess how the company is doing with respect to its peers.