China Banking Corporation (PSE:CHIB)

S&P Issuer Credit Rating LC LT:

Diversified Banks Employees: 9,997 Incorporated: 1920 in PH
NR

China Bank Building

China Banking Corporation provides commercial banking products and services to individuals and business in the Philippines, Asia,
8745 Paseo de Roxas corner Villar
Europe, the United States, and internationally. The company offers deposits and related services, including checking, savings, and time
Street
deposits; social security system pensioner‘s accounts; foreign currency deposits; cash cards; manager‘s and gift checks, and demand
Makati City 1226
drafts; safety deposit boxes; night depository services; and cash delivery and deposit pick-up services. It also provides term loans and
Philippines
other credit facilities; project, structured, and trade financing; factoring receivables; and consumer loans, which include real estate
Phone: 63 2 8885 5555
loans, contract to sell facility, and vehicle loans, as well as credit cards. In addition...
www.chinabank.ph

Key Statistics
12 Months 12 Months 12 Months 12 Months 12 Months
Dec-31-2019A Dec-31-2020A Mar-31-2021A Dec-31-2021E Dec-31-2022E
Total Revenue 31,911.92 34,984.72 36,841.81 36,934.00 39,755.00
Growth Over Prior Year 12.2% 9.6% 9.4% - 7.6%
Net Income Margin % 31.6% 34.5% 36.4% 35.2% 36.5%
Diluted EPS Excl. Extra Items 3.75 4.49 4.99 4.84 5.40
EPS Estimate (PHP)
Diluted EPS Excl. Extra Items... 24.1% 19.8% 28.6% 7.8% 11.6%

Revenue by Business and Geographic Segments (PHP, mm)

Estimates
Recommendation Buy(1.00)
Target Price 40.30000000

Forward Multiples
FY2021 FY2022
* Segments with negative values, such as corporate eliminations, are excluded from the total and percentage P/E 5.06x 4.54x
calculations and do not appear on the charts
Capitalization
Top Holders
Share Price as of Jun-21-2021 24.50
Common Stock % of Total Shares Market Value
Holder Shares Out. 2,685.90
Equivalent Held Outstanding (PHP in mm)
Market Capitalization 65,804.55
SM Investments Corporation 722,213,695 26.89 17,981.2
Book Value of Common Equity 108,594.37
Sysmart Corp. 415,995,323 15.49 10,357.2
+ Book Value of Pref. Equity -
JJACCIS Development Corporation 56,949,897 2.12 1,417.9
= Total Equity 108,622.38
CBC Employees Retirement Plan 53,278,951 1.98 1,326.5
Impl.Shares Out -
Dee, Joaquin T. 51,686,912 1.92 1,286.9
Impl.Market Cap -
Holders as of Tuesday, June 22, 2021
Tier 1 Capital -
Share Price & Volume (PHP) Tier 2 Capital -
Market Data
Total Capital -
Last (Delayed) 24.50 Market Cap (mm) 65,804.5
Tier 1 Capital Ratio % 14.5%
Open 24.50 Shares Out. (mm) 2,685.9
Total Capital Ratio % 15.4%
Previous Close 24.50 Float % 46.0%
Change on Day (0.30) Shares Sold... -
Change % on Day (1.2%) Dividend Yield % 4.1%
Day High/Low 24.80/24.50 Diluted EPS 4.99
52 wk High/Low Excl.... EPS...
26.10/19.38 P/Diluted 4.91x
Volume (mm) 0.03 Avg 3M Dly Vlm... 0.11
Beta 5Y 0.55

Key Executives and Board Members

Sy, Hans T. Chairman of the Board
Whang, William C. President, CEO & Executive Director
Dee, Gilbert U. Executive Vice Chairman of the Board
Cheng, Patrick D. Executive VP & CFO
Uyan, Romeo D. Executive VP & COO

Date Created: Jun-22-2021 Copyright © 2021 S&P Global Market Intelligence, a division of S&P Global Inc. All Rights reserved.
Historical Equity Pricing Data supplied by Interactive Data Pricing

and Reference Data LLCs

Credit Default Swaps data provided by ICE CMA