Industrial and Commercial Bank of China Ltd (601398) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.325x

Based on the latest financial reports, Industrial and Commercial Bank of China Ltd (601398) has a cash flow conversion efficiency ratio of 0.325x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CN¥1.42 Trillion ≈ $207.25 Billion USD) by net assets (CN¥4.36 Trillion ≈ $637.38 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see market cap of Industrial and Commercial Bank of China for the company's overall valuation and market capitalisation.

Industrial and Commercial Bank of China Ltd - Cash Flow Conversion Efficiency Trend (2002–2025)

This chart illustrates how Industrial and Commercial Bank of China Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Industrial and Commercial Bank of China Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Industrial and Commercial Bank of China Ltd ranked by their cash flow conversion efficiency. Explore 601398 cash to earnings ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Palantir Technologies Inc. Class A Common Stock NYSE:PLTR	0.056x
Agricultural Bank of China Ltd Class A SHG:601288	0.359x
Morgan Stanley NYSE:MS	-0.062x
Procter & Gamble Company NYSE:PG	0.093x
The Home Depot Inc NYSE:HD	0.331x
Merck & Company Inc NYSE:MRK	0.128x
Cisco Systems Inc NASDAQ:CSCO	0.038x
Novartis AG MX:NVSN	0.094x

Annual Cash Flow Conversion Efficiency for Industrial and Commercial Bank of China Ltd (2002–2025)

The table below shows the annual cash flow conversion efficiency of Industrial and Commercial Bank of China Ltd from 2002 to 2025. View Industrial and Commercial Bank of China stock quote for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥4.00 Trillion ≈ $585.66 Billion	CN¥195.79 Billion ≈ $28.65 Billion	0.049x	-66.32%
2024-12-31	CN¥3.99 Trillion ≈ $583.46 Billion	CN¥579.19 Billion ≈ $84.75 Billion	0.145x	-61.29%
2023-12-31	CN¥3.78 Trillion ≈ $552.63 Billion	CN¥1.42 Trillion ≈ $207.35 Billion	0.375x	-6.10%
2022-12-31	CN¥3.52 Trillion ≈ $514.42 Billion	CN¥1.40 Trillion ≈ $205.55 Billion	0.400x	+262.64%
2021-12-31	CN¥3.28 Trillion ≈ $479.27 Billion	CN¥360.88 Billion ≈ $52.81 Billion	0.110x	-79.42%
2020-12-31	CN¥2.91 Trillion ≈ $425.75 Billion	CN¥1.56 Trillion ≈ $227.93 Billion	0.535x	+199.47%
2019-12-31	CN¥2.69 Trillion ≈ $393.92 Billion	CN¥481.24 Billion ≈ $70.42 Billion	0.179x	-42.11%
2018-12-31	CN¥2.34 Trillion ≈ $343.13 Billion	CN¥724.13 Billion ≈ $105.96 Billion	0.309x	-14.23%
2017-12-31	CN¥2.14 Trillion ≈ $313.30 Billion	CN¥770.86 Billion ≈ $112.80 Billion	0.360x	+198.17%
2016-12-31	CN¥1.98 Trillion ≈ $289.91 Billion	CN¥239.22 Billion ≈ $35.01 Billion	0.121x	-80.79%
2015-12-31	CN¥1.80 Trillion ≈ $263.47 Billion	CN¥1.13 Trillion ≈ $165.61 Billion	0.629x	+379.66%
2014-12-31	CN¥1.54 Trillion ≈ $224.96 Billion	CN¥201.46 Billion ≈ $29.48 Billion	0.131x	+8704.88%
2013-12-31	CN¥1.28 Trillion ≈ $187.08 Billion	CN¥-1.95 Billion ≈ $-284.91 Million	-0.002x	-100.32%
2012-12-31	CN¥1.13 Trillion ≈ $165.13 Billion	CN¥533.51 Billion ≈ $78.07 Billion	0.473x	+30.08%
2011-12-31	CN¥957.82 Billion ≈ $140.16 Billion	CN¥348.12 Billion ≈ $50.94 Billion	0.363x	+7.35%
2010-12-31	CN¥821.66 Billion ≈ $120.23 Billion	CN¥278.18 Billion ≈ $40.71 Billion	0.339x	-43.09%
2009-12-31	CN¥678.93 Billion ≈ $99.35 Billion	CN¥403.86 Billion ≈ $59.10 Billion	0.595x	-2.63%
2008-12-31	CN¥607.14 Billion ≈ $88.84 Billion	CN¥370.91 Billion ≈ $54.28 Billion	0.611x	+12.28%
2007-12-31	CN¥544.25 Billion ≈ $79.64 Billion	CN¥296.13 Billion ≈ $43.33 Billion	0.544x	-32.85%
2006-12-31	CN¥471.80 Billion ≈ $69.04 Billion	CN¥382.27 Billion ≈ $55.94 Billion	0.810x	-42.46%
2005-12-31	CN¥260.98 Billion ≈ $38.19 Billion	CN¥367.49 Billion ≈ $53.78 Billion	1.408x	+688.24%
2004-12-31	CN¥-504.50 Billion ≈ $-73.82 Billion	CN¥120.76 Billion ≈ $17.67 Billion	-0.239x	+20.33%
2003-12-31	CN¥-535.48 Billion ≈ $-78.36 Billion	CN¥160.88 Billion ≈ $23.54 Billion	-0.300x	-124.88%
2002-12-31	CN¥182.01 Billion ≈ $26.63 Billion	CN¥219.78 Billion ≈ $32.16 Billion	1.208x	--

About Industrial and Commercial Bank of China Ltd

SHG:601398 China Banks - Diversified

Market Cap

$321.54 Billion

CN¥2.20 Trillion CNY

Market Cap Rank

#54 Global

#2 in China

Share Price

CN¥8.15

Change (1 day)

+0.99%

52-Week Range

CN¥6.92 - CN¥8.31

All Time High

CN¥8.31