China Construction Bank (939) Stock Overview
Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
No risks detected for 939 from our risk checks.
939 Community Fair Values
Create NarrativeSee what 69 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
China Construction Bank Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$8.98 |
| 52 Week High | HK$9.05 |
| 52 Week Low | HK$7.18 |
| Beta | 0.23 |
| 1 Month Change | 1.24% |
| 3 Month Change | 13.53% |
| 1 Year Change | 17.69% |
| 3 Year Change | 77.12% |
| 5 Year Change | 44.84% |
| Change since IPO | 282.13% |
Recent News & Updates
Narrative Update • Jun 03
939: Governance Changes And Upcoming Meetings Will Support A More Bullish Outlook
Analysts have adjusted their fair value estimate for China Construction Bank from about HK$10.99 to around HK$12.05, reflecting updated assumptions for revenue growth, profit margins and future P/E levels. What's in the News A board meeting is scheduled for Mar 27, 2026 to consider and approve the 2025 annual results and to consider the payment of dividends.
Narrative Update • May 20
939: Governance Reshuffle And Stable Margins Will Shape Fairly Valued Returns
Analysts have adjusted their price target on China Construction Bank to HK$9.29 from HK$7.96, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E multiples. What's in the News A board meeting is scheduled for February 27, 2026 to consider appointing President Zhang Yi as Chief Compliance Officer of the bank (Key Developments).Narrative Update • May 04
939: Governance Changes And Margin Pressure Will Constrain Future Share Returns
Analysts now set their average price target for China Construction Bank at HK$7.96, up from HK$7.67, reflecting updated assumptions for revenue growth, profit margins and future P/E levels. What's in the News A board meeting is scheduled for Apr 29, 2026, to consider and approve results for the three months ended Mar 31, 2026, along with other matters (Key Developments).Recent updates
Narrative Update • Jun 03
939: Governance Changes And Upcoming Meetings Will Support A More Bullish Outlook
Analysts have adjusted their fair value estimate for China Construction Bank from about HK$10.99 to around HK$12.05, reflecting updated assumptions for revenue growth, profit margins and future P/E levels. What's in the News A board meeting is scheduled for Mar 27, 2026 to consider and approve the 2025 annual results and to consider the payment of dividends.Narrative Update • May 20
939: Governance Reshuffle And Stable Margins Will Shape Fairly Valued Returns
Analysts have adjusted their price target on China Construction Bank to HK$9.29 from HK$7.96, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E multiples. What's in the News A board meeting is scheduled for February 27, 2026 to consider appointing President Zhang Yi as Chief Compliance Officer of the bank (Key Developments).Narrative Update • May 04
939: Governance Changes And Margin Pressure Will Constrain Future Share Returns
Analysts now set their average price target for China Construction Bank at HK$7.96, up from HK$7.67, reflecting updated assumptions for revenue growth, profit margins and future P/E levels. What's in the News A board meeting is scheduled for Apr 29, 2026, to consider and approve results for the three months ended Mar 31, 2026, along with other matters (Key Developments).Narrative Update • Apr 19
939: Strengthened Governance And Leadership Transitions Will Support A More Bullish Outlook
Analysts have trimmed their price target on China Construction Bank slightly to reflect a marginally lower fair value estimate of HK$10.99, supported by modest adjustments to the discount rate, revenue growth outlook, profit margin assumptions and future P/E expectations. What's in the News A board meeting is set for Apr 29, 2026 to consider and approve China Construction Bank's results for the three months ended Mar 31, 2026, along with other matters (company event filing).Narrative Update • Apr 05
939: Governance Reshuffle And Lower Growth Assumptions Will Pressure Future Returns
Analysts have adjusted their price target for China Construction Bank to HK$7.67 from HK$7.54, reflecting updated assumptions on discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News A board meeting is scheduled for Mar 27, 2026 to review and approve China Construction Bank's annual results for the year ended Dec 31, 2025, and to consider dividend payments (Key Developments).Narrative Update • Mar 22
939: Fair Outlook Will Balance Governance Decisions And Slightly Revised Profitability Assumptions
Analysts have raised their price target on China Construction Bank to HK$7.54 from HK$7.44, reflecting updated fair value assumptions. The change is based on slightly revised inputs for the discount rate, revenue growth, profit margin and future P/E.Narrative Update • Mar 08
939: Strengthened Governance And Compliance Will Support A More Bullish Outlook
Analysts have nudged their price target on China Construction Bank higher to HK$11.12 from HK$10.97, reflecting small adjustments to fair value, discount rate, revenue growth and future P/E assumptions while keeping profit margin expectations broadly similar. What's in the News Board meeting scheduled for Feb 27, 2026 to consider appointing President Zhang Yi as the bank's Chief Compliance Officer, highlighting a potential change in senior compliance oversight (Key Developments).Narrative Update • Feb 21
939: Board Governance And Risk Controls Will Support Bullish Outlook
Analysts have modestly adjusted their price target on China Construction Bank, reflecting updated assumptions for the discount rate, revenue growth, profit margin and future P/E. They now estimate fair value at about HK$10.97 per share.Narrative Update • Feb 07
939: Fair Outlook Will Balance Higher Profitability Assumptions And Governance Developments
Narrative Update: China Construction Bank Analysts have raised their fair value estimate for China Construction Bank from HK$6.44 to HK$7.44, pointing to updated assumptions for revenue growth, profit margin, and future P/E as the key drivers of this change. What's in the News A board meeting is scheduled for December 23, 2025 to review the 2024 remuneration distribution and settlement plans for directors and senior management, and to consider the nomination of Shi Jian to a board special committee and the appointment of Tang Shuo as executive vice president (Key Developments).Narrative Update • Jan 23
939: Board Actions And Capital Plans Will Support Bullish Outlook
Analysts have trimmed their price target for China Construction Bank to reflect a fair value revision from about ¥11.65 to around ¥10.97, citing updated assumptions on discount rates, revenue growth, profit margins and future P/E. What's in the News Board meeting scheduled for December 23, 2025 to review 2024 remuneration distribution and settlement plans for directors and senior management, and to consider appointing Mr. Tang Shuo as Executive Vice President and nominating Mr. Shi Jian to relevant board committees (company board meeting disclosure).
Narrative Update • Jan 08
939: Interim Profit Distribution And Debt Issuance Will Support Future Upside
Analysts have adjusted their price expectations for China Construction Bank slightly lower to reflect updated fair value, discount rate, and P/E inputs. This has led to a modest trim in the overall target that aligns with small changes in profit margin assumptions.Narrative Update • Dec 25
939: Upcoming Meeting And Interim Debt Issuance Will Drive Shares Higher
Analysts have nudged their price target for China Construction Bank higher to reflect a slightly increased fair value estimate of about 9.51 yuan. This is supported by expectations of marginally stronger profit margins and stable valuation multiples, despite a modestly lower revenue growth outlook.Narrative Update • Dec 11
939: Upcoming Meeting And Interim Debt Issuance Will Drive Shares Higher
Analysts have slightly lowered their price target on China Construction Bank to CNY 9.41 from CNY 9.42, reflecting a marginally reduced fair value despite modestly improved profit margin expectations and a small compression in projected future price to earnings multiples. What's in the News An extraordinary general meeting is set for November 27, 2025 in Beijing to vote on the 2025 interim profit distribution plan and the issuance of capital and total loss absorbing capacity non capital debt instruments (Key Developments).Narrative Update • Nov 27
939: Upcoming Meeting And Interim Dividend Proposal Will Drive Shares Higher
Analysts have raised their price target for China Construction Bank from ¥9.10 to ¥9.42, citing incremental improvements in fair value estimates and profit margin projections. What's in the News A shareholder proposal has been received for the election of Shi Jian as a non-executive director, to be decided at the Extraordinary General Meeting on November 27, 2025 (shareholder proposal).Narrative Update • Nov 11
939: Upcoming Meetings And Lawsuit Will Shape Balanced Outlook
Narrative Update on China Construction Bank: Analyst Price Target Adjustment Analysts have raised their fair value estimate for China Construction Bank by approximately RMB 0.09 to RMB 9.10. This adjustment is attributed to expectations for slightly higher revenue growth and a marginally reduced discount rate, while profitability metrics remain stable.Narrative Update • Sep 02
Technology And Sustainable Finance Will Transform Banking Operations
The consensus future P/E for China Construction Bank has risen notably alongside higher revenue growth forecasts, supporting a marginal increase in the analyst price target from HK$8.77 to HK$8.90. What's in the News The Board proposed an interim cash dividend of RMB 1.858 per ten shares for 2025, representing 30% of first-half net profit, subject to shareholder approval, with H-shareholders offered a currency election between RMB and HKD.
New Narrative • Nov 07
CCB's Calculated Investments And Digital Focus Herald Promising Growth Amid Economic Challenges
Strategic investments in green finance and infrastructure could drive CCB's revenue growth as it enhances digital and Fintech services.Shareholder Returns
| 939 | HK Banks | HK Market | |
|---|---|---|---|
| 7D | 3.0% | 2.0% | -2.6% |
| 1Y | 17.7% | 10.5% | 3.5% |
Return vs Industry: 939 exceeded the Hong Kong Banks industry which returned 10.5% over the past year.
Return vs Market: 939 exceeded the Hong Kong Market which returned 3.5% over the past year.
Price Volatility
| 939 volatility | |
|---|---|
| 939 Average Weekly Movement | 2.8% |
| Banks Industry Average Movement | 3.2% |
| Market Average Movement | 7.4% |
| 10% most volatile stocks in HK Market | 16.0% |
| 10% least volatile stocks in HK Market | 3.5% |
Stable Share Price: 939 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 939's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1954 | 378,344 | Yi Zhang | www.ccb.com |
China Construction Bank Corporation engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Finance Business, Personal Finance Business, Treasury and Asset Management Business, and Others segments. The company offers corporate and personal loans; trade financing; deposit taking and wealth management, agency, financial consulting and advisory, cash management, remittance and settlement, guarantee, and investment banking services to individuals, corporations, government agencies, and financial institutions.
China Construction Bank Corporation Fundamentals Summary
| 939 fundamental statistics | |
|---|---|
| Market cap | HK$2.42t |
| Earnings (TTM) | HK$389.70b |
| Revenue (TTM) | HK$711.77b |
6.0x
P/E Ratio0.6x
P/B RatioIs 939 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 939 income statement (TTM) | |
|---|---|
| Revenue | CN¥614.48b |
| Cost of Revenue | CN¥0 |
| Gross Profit | CN¥614.48b |
| Other Expenses | CN¥278.05b |
| Earnings | CN¥336.43b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.29 |
| Gross Margin | 100.00% |
| Net Profit Margin | 54.75% |
| Debt/Equity Ratio | 159.4% |
How did 939 perform over the long term?
See historical performance and comparisonDividends
5.0%
Current Dividend Yield30%
Payout RatioDoes 939 pay a reliable dividends?
See 939 dividend history and benchmarks| China Construction Bank dividend dates | |
|---|---|
| Ex Dividend Date | Jul 02 2026 |
| Dividend Pay Date | Aug 21 2026 |
| Days until Ex dividend | 19 days |
| Days until Dividend pay date | 69 days |
Does 939 pay a reliable dividends?
See 939 dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/12 17:02 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
China Construction Bank Corporation is covered by 50 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yu Hang Au | ABCI Securities Company Limited |
| Meizhi Yan | Barclays |
| Kevin Kwek | Bernstein |