China Minsheng Banking made a net profit of CNY 50,327 mil in 2018, up 1.03% compared to the previous year. This implies a return on equity of 12.3%.
Historically, the bank’s net profit reached an all time high of CNY 50,327 mil in 2018 and an all time low of CNY 2,673 mil in 2005. The average profit in the last five years amounted to CNY 47,728 mil.
The bank generated its shareholders an average return on equity of 15.3% in the last five years with maximum at 19.7% and minimum at 12.3%
Comparing China Minsheng Banking with its closest peers, Home Credit China generated a net profit of CNY 1,297 mil with ROE of 11.2% in 2018, Qudian netted CNY 2,491 mil (ROE of 24.5%) and Lexin FinTech announced a net profit of CNY 1,977 mil implying ROE of 68.1%.
China Minsheng Banking has been ranked 62th within the group of 146 banks we follow in terms of return on equity in 2018.
You can see all the bank’s data at China Minsheng Banking Profile, or you can download a report on the bank in the report section.