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Industrial And Commercial Bank Of China (Industrial And Commercial Bank Of China) 3-Year FCF Growth Rate : -3.10% (As of Dec. 2023)


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What is Industrial And Commercial Bank Of China 3-Year FCF Growth Rate?

Industrial And Commercial Bank Of China's Free Cash Flow per Share for the three months ended in Dec. 2023 was $-3.83.

During the past 12 months, Industrial And Commercial Bank Of China's average Free Cash Flow per Share Growth Rate was 1.10% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -3.10% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 16.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Industrial And Commercial Bank Of China was 68.10% per year. The lowest was -22.50% per year. And the median was -2.80% per year.


Competitive Comparison of Industrial And Commercial Bank Of China's 3-Year FCF Growth Rate

For the Banks - Diversified subindustry, Industrial And Commercial Bank Of China's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Industrial And Commercial Bank Of China's 3-Year FCF Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Industrial And Commercial Bank Of China's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Industrial And Commercial Bank Of China's 3-Year FCF Growth Rate falls into.



Industrial And Commercial Bank Of China 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


Industrial And Commercial Bank Of China  (OTCPK:IDCBY) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Industrial And Commercial Bank Of China 3-Year FCF Growth Rate Related Terms

Thank you for viewing the detailed overview of Industrial And Commercial Bank Of China's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Industrial And Commercial Bank Of China (Industrial And Commercial Bank Of China) Business Description

Address
3 Garden Road, 33rd Floor, ICBC Tower, Central, Hong Kong, HKG
ICBC is headquartered in Beijing and founded in 1984, the bank listed its shares in mainland China and Hong Kong in 2006. It is China's largest by asset scale and by share of lending and deposits. Central Huijin Investment (China's sovereign wealth fund manager) and China's Ministry of Finance are ICBC's two largest shareholders, each with a stake of around 35%. ICBC operates over 16,000 outlets. Among these outlets, 417 outlets are located in 42 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 44%, 44%, and 12% of total revenue, respectively; and 39%, 47%, and 24% of profit before tax in 2022. Overseas banking and other business contributed 8% of total revenue and 6% of profit before tax in 2022.

Industrial And Commercial Bank Of China (Industrial And Commercial Bank Of China) Headlines

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