China Merchants Bank released a performance report. In 2021, the company achieved operating income of 331.234 billion yuan, a year-on-year increase of 14.03%; net profit attributable to shareholders of the bank was 119.922 billion yuan, a year-on-year increase of 23.20%. As of December 31, 2021, the non-performing loan ratio was 0.91%, a decrease of 0.16 percentage points from the end of the previous year; the provision coverage ratio was 441.34%, an increase of 3.66 percentage points from the end of the previous year.
Starting from 9.41 yuan in 2014, China Merchants Bank has independently gone through a bull market for 7 years. Its stock price and performance are both pacesetters. It is indeed outstanding. For Gao Ba Bei, China Merchants Bank is about 440, and Xingye is only about 260. The pool is bigger and the risk resistance is stronger.
Ping An Bank released its 2021 annual performance report on the evening of January 13. In 2021, it achieved operating income of 169.383 billion yuan, a year-on-year increase of 10.3%, and net profit of 36.336 billion yuan, a year-on-year increase of 25.6%.
Industrial Bank
Revenue: 221.236 billion, a year-on-year increase of 8.91%
Net profit: 82.68 billion, a year-on-year increase of 24.1%
Net Return on assets: 13.94%
Total assets: 8.60 trillion
Non-performing loan ratio: 1.1%
Provision coverage ratio: 268.73%
China Merchants Bank has begun to use provisions to boost performance. Other banks have increased provisions by more than 50%. China Merchants Bank has begun to reduce provisions to increase performance. It will fall sharply on Monday.
All kinds of Mao people have fallen sharply, but the stock price of the bank Mao CMB is still high. Currently, CMB has 450,000 retail investors, 8.2 billion in financing, and 73 billion in Hong Kong capital, all waiting to lift the sedan! I would like to ask who is willing and able to carry the sedan chair for everyone? Give up your illusions, stop your profits or losses, and run as fast as possible, because a bigger drop is already on the way!
Judging from the stock price, it is generally accepted that China Merchants Bank earns too little because the money it earns is not enough to cover its possible risks! So I don’t approve of its current stock price!
Ping An Bank's business report has grown sharply but it has fallen. I can't take care of myself. I feel there is a problem. I don't expect you to get your money back after your business report has been released. Goodbye China Merchants Bank.
Looking forward to 2022, the world has entered an era of high inflation, the focus of commodities will gradually shift upward, and investment opportunities will emerge. Cyclic systems, rare earths, nonferrous metals, coal, steel, chemicals, are predicted to remain high in growth in 2022.