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China Merchants Bank Co., Ltd. (600036) Stock Verdict & Ratings | Investment Bastion

Stock Verdict·Updated today

China Merchants Bank Co., Ltd.

600036Market cap $157BPrice $6.2

Country🇨🇳China

SectorFinancials

IndustryBanks

China Merchants Bank operates retail and corporate banking across China, serving over 180 million customers. Despite being the country's sixth-largest bank, it consistently posts the highest profit margins in Chinese banking.

In Bastion Portfolios?

52W Return+9%Global Market +16%?

01Key Ratings

How does this stock score across Bastion factors?

Growth

Historical Revenue

Rev CAGR (3y)+1%–

Revenue Forecast

Rev CAGR (1y)na–

Rev CAGR (3y)+10%–

Rev CAGR (5y)+10%7

Earnings Forecast

EPS Growth Y+1+8%6

EPS Growth Y+2+7%6

EPS Growth Y+3+7%6

Quality

Margins

EBIT Margin0%5

Net Income Margin50%10

Free Cash Flow Margin192%10

Debt

Net Debt/EBITDAna–

Efficiency

ROE11%5

ROA1%3

Earnings Stability88

GEAR+

Not enough data to calculate the GEAR+ rating.

Value

100

Price Multiples

P/E Ratio (Forward)710

P/E Ratio (Forward 3y)610

P/BV0.810

EV Multiples

EV/EBITDA Fwd010

EV/EBIT Fwd010

Yield

Free Cash Flow Yield0.0%10

Dividend Yield4.8%9

Momentum

Short term

1 month return+1%8

3 month return+12%9

YTD return+3%5

Mid term

Price vs 52wHigh99%10

1 year return+8%6

Long term

3 year return+46%5

5 year return+4%4

Risk Shield

Price Risk

Beta-0.010

Volatility17%10

Free Cash Flow

Free Cash Flow Margin192%10

Free Cash Flow Yield0.0%10

Quality

ROCE9%3

Earnings Stability88

Net Debt/EBITDAna–

02Growth

Is it actually growing, and how fast?

600036China Merchants Bank Co.

Revenue FY25$48.3B

GROWTH RATING↗

——

REVENUE GROWTH▾SCORE

Revenue, last 3Y, CAGR+1%–

Revenue, next 1Yna–

Revenue, next 3Y, CAGR+10%–

Revenue, next 5Y, CAGR+10%7

EARNINGS FORECAST▾SCORE

EPS growth, FY26E+8%6

EPS growth, FY27E+7%6

EPS growth, FY28E+7%6

GROWTH ASSESSMENT

STRENGTHS

Revenue is set to grow 10%/yr over the next 3 years, ahead of most of the market.7/10

Revenue grew 0.6%/yr over the last 3 years and is set to grow 10%/yr from here.

The runway holds up: revenue is set to grow 10%/yr over five years.7/10

Earnings are set to grow in step with sales (EPS about 7%/yr vs revenue 10%/yr).

WATCH

None flagged.

WEAKNESSES

Growth is the weak spot here, trailing 100% of companies worldwide.

BOTTOM LINE

Stalled Business

Growth is a weak point here: a business that's speeding up.

03Price Momentum

Is the market behind it right now?

600036China Merchants Bank Co.

Total return Current249%

Price return Current145%

MOMENTUM RATING↗

STRONG78 / 100

SHORT-TERM RETURNS▾SCORE

1-month return+1%8

3-month return+12%9

YTD return+3%5

MID & LONG-TERM▾SCORE

% of 52-week high99%10

1-year return+8%6

3-year return+46%5

5-year return+4%4

MOMENTUM ASSESSMENT

STRENGTHS

It's up 8% over the past year, now sitting right at its 52-week high. That is clearly ahead of the market.

Strong recent results. The stock is outperforming over the past month (+1%) and over three months (+12%).

WATCH

Average long-term results. Multi-year returns are middling (+46% over three years and +4% over five), roughly average for the market.

Returns sit at the market level so far this year (+3%).

WEAKNESSES

None flagged.

BOTTOM LINE

Fresh Momentum

Short-term returns are strong but the long track record is thin. Momentum is building — confirmation from longer horizons would strengthen the case.

04Value

Are you paying a fair price for it?

Stop guessing on China Merchants Bank. Get the full investment case.

Premium

$20.75/month

Billed annually at $249/year $348

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Loading charts…

02Growth

Is it actually growing, and how fast?

600036China Merchants Bank Co.

Revenue FY25$48.3B

GROWTH RATING↗

——

REVENUE GROWTH▾SCORE

Revenue, last 3Y, CAGR+1%–

Revenue, next 1Yna–

Revenue, next 3Y, CAGR+10%–

Revenue, next 5Y, CAGR+10%7

EARNINGS FORECAST▾SCORE

EPS growth, FY26E+8%6

EPS growth, FY27E+7%6

EPS growth, FY28E+7%6

GROWTH ASSESSMENT

STRENGTHS

Revenue is set to grow 10%/yr over the next 3 years, ahead of most of the market.7/10

Revenue grew 0.6%/yr over the last 3 years and is set to grow 10%/yr from here.

The runway holds up: revenue is set to grow 10%/yr over five years.7/10

Earnings are set to grow in step with sales (EPS about 7%/yr vs revenue 10%/yr).

WATCH

None flagged.

WEAKNESSES

Growth is the weak spot here, trailing 100% of companies worldwide.

BOTTOM LINE

Stalled Business

Growth is a weak point here: a business that's speeding up.

03Price Momentum

Is the market behind it right now?

600036China Merchants Bank Co.

Total return Current249%

Price return Current145%

MOMENTUM RATING↗

STRONG78 / 100

SHORT-TERM RETURNS▾SCORE

1-month return+1%8

3-month return+12%9

YTD return+3%5

MID & LONG-TERM▾SCORE

% of 52-week high99%10

1-year return+8%6

3-year return+46%5

5-year return+4%4

MOMENTUM ASSESSMENT

STRENGTHS

It's up 8% over the past year, now sitting right at its 52-week high. That is clearly ahead of the market.

Strong recent results. The stock is outperforming over the past month (+1%) and over three months (+12%).

WATCH

Average long-term results. Multi-year returns are middling (+46% over three years and +4% over five), roughly average for the market.

Returns sit at the market level so far this year (+3%).

WEAKNESSES

None flagged.

BOTTOM LINE

Fresh Momentum

Short-term returns are strong but the long track record is thin. Momentum is building — confirmation from longer horizons would strengthen the case.

04Value

Are you paying a fair price for it?

Stop guessing on China Merchants Bank. Get the full investment case.

Premium

$20.75/month

Billed annually at $249/year $348

✓
Stock VerdictValuation and investment strategy for 4,000+ stocks. Days of hedge fund analyst research, done in 2 minutes.
✓
RadarFind your next investment idea: top-ranked stocks across all 9 Bastion strategies.
✓
Portfolio ManagerCheck if Bastion algorithms added the stock you care about to their portfolios.

Secure via Stripe

Trusted by 1,000+ investors in our community