CITIC (0267) AI Stock Analysis

• Market Cap: $332.50B
• Dividend Yield: 5.35%
• Average Volume (3M): 26.30M
• Price to Earnings (P/E): 5.2
• Beta (1Y): 0.99
• Revenue Growth: 2.45%
• EPS Growth: -0.36%
• Country: HK
• Employees: 190,763
• Sector: Industrials
• Sector Strength: 72
• Industry: Conglomerates
• EPS (TTM): N/A
• Shares Outstanding: 29,090,264,000
• 10 Day Avg. Volume: 25,398,370
• 30 Day Avg. Volume: 26,304,733
• PEG Ratio: -0.55
• Price to Book (P/B): 0.33
• Price to Sales (P/S): 0.26
• P/FCF Ratio: -2.67
• Enterprise Value/Market Cap: 11.01
• Enterprise Value/Revenue: 3.98
• Enterprise Value/Gross Profit: 8.17
• Enterprise Value/Ebitda: 13.40
• 1Y Price Target: $12.98
• Price Target Upside: 12.25% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 64 Neutral
• Price Target: HK$12.00 ▲(3.81% Upside)

CITIC's overall stock score is driven by strong financial performance in terms of revenue growth and operational efficiency, despite concerns over high leverage and negative cash flows. The valuation is attractive with a low P/E ratio and high dividend yield, but technical indicators suggest a lack of strong momentum. The absence of earnings call data and corporate events did not impact the score.

CITIC Business Overview & Revenue Model

Company Description

CITIC Limited operates in the financial services, manufacturing, engineering contracting, advances materials, consumption, and urbanization businesses in China. The company offers banking products and services; investment banking, brokerage, securities trading and lending, and asset management services; financial, wealth management, and trust services; and life, health, and accident insurance, as well as reinsurance products. It also engages in the exploration, development, and production of oil; coal mining; import and export of commodities; aluminum smelting; bauxite mining; alumina refining; manganese mining and processing; development of iron ore mine; production of copper and ferroniobium; and operation of coal-fired power stations. In addition, the company manufactures special steel, bars, plates, steel tubes, forged steel, wires, and casting billets. Further, it provides engineering contracting services for infrastructure, housing, municipal, and industrial facilities, as well as agriculture, energy, and resources sectors; and engineering services in the areas of urban development and environmental protection. Additionally, the company engages in the urban renewal and development projects, including residential properties; provision of telecommunication services; and healthcare and electrical products. The company was formerly known as CITIC Pacific Limited and changed its name to CITIC Limited in August 2014. The company was founded in 1987 and is based in Central, Hong Kong.

How the Company Makes Money

CITIC makes money through a diversified revenue model that spans several key sectors. The financial services segment, which includes banking, insurance, and securities, is a significant contributor to its revenue, with income generated from interest, fees, and commissions. The resources and energy sector provides revenue through the exploration, production, and sale of energy commodities like oil and coal. In manufacturing, CITIC earns from the production and sale of specialty steel and aluminum products. Additionally, the company's engineering contracting arm generates income through infrastructure development projects both within China and internationally. Real estate operations contribute through the sale and leasing of properties. Strategic partnerships and joint ventures also play a crucial role in enhancing CITIC's earnings, providing avenues for expansion and diversification in both domestic and international markets.

CITIC Financial Statement Overview

Summary

CITIC shows strong revenue growth and operational efficiency with healthy profit margins. However, high debt levels and negative cash flows pose significant risks, especially during financial stress. The balance sheet is stable, but liquidity challenges need addressing for long-term sustainability.

Income Statement

CITIC has shown strong growth in revenue over the years with a notable increase in total revenue from 2020 to 2024. The gross profit margin remained healthy, although it decreased slightly in 2024 compared to previous years. The net profit margin improved in 2024, indicating better cost management and profitability. EBIT and EBITDA margins also reflect robust operational efficiency, although there was a decline in EBIT margin in 2024.

Balance Sheet

The company maintains a high debt-to-equity ratio, suggesting significant leverage, which could pose risks in economic downturns. However, the equity ratio has been stable, reflecting a solid capital structure. Return on equity (ROE) showed a decline in 2024, indicating reduced profitability for shareholders. Overall, the balance sheet shows stability but with potential risks due to high leverage.

Cash Flow

CITIC's cash flow position is concerning, with consistently negative free cash flow over the years, highlighting potential liquidity issues. The operating cash flow to net income ratio is negative, indicating that the company is struggling to generate cash from its operations. The free cash flow to net income ratio is also negative, underscoring inefficiencies in converting earnings into cash.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	949.69B	752.32B	771.13B	708.94B	552.95B
Gross Profit	322.38B	340.37B	357.71B	311.41B	276.64B
EBITDA	173.34B	363.47B	168.22B	134.23B	114.15B
Net Income	58.20B	63.49B	73.53B	70.22B	56.63B
Balance Sheet
Total Assets	12.08T	12.49T	11.79T	10.69T	9.74T
Cash, Cash Equivalents and Short-Term Investments	1.30T	1.94T	1.09T	1.00T	979.63B
Total Debt	2.56T	2.94T	3.52T	3.28T	1.61T
Total Liabilities	10.65T	11.02T	10.41T	9.52T	8.73T
Stockholders Equity	757.49B	775.17B	737.25B	751.41B	674.28B
Cash Flow
Free Cash Flow	-94.37B	-270.78B	-110.86B	-158.37B	303.92B
Operating Cash Flow	-65.72B	-243.92B	-87.29B	-133.88B	324.80B
Investing Cash Flow	-106.17B	-45.22B	54.21B	-224.78B	-263.05B
Financing Cash Flow	193.82B	302.22B	75.93B	224.25B	35.26B

CITIC Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 11.56
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0267, the sentiment is Positive. The current price of 11.56 is above the 20-day moving average (MA) of 11.32, above the 50-day MA of 11.42, and above the 200-day MA of 9.95, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 53.67 is Neutral, neither overbought nor oversold. The STOCH value of 81.94 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0267.

CITIC Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0053	80 Outperform	$24.91B	6.22	6.18%	4.31%	7.45%	11.56%
0001	71 Outperform	$193.03B	24.96	1.42%	4.37%	1.93%	-65.62%
0392	66 Neutral	$42.67B	7.33	6.26%	4.68%	―	―
0267	64 Neutral	$332.50B	5.24	7.65%	5.35%	2.45%	-0.36%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
0019	63 Neutral	$85.16B	69.94	0.47%	5.18%	6.44%	-95.37%
0656	47 Neutral	$40.81B	44.05	-3.65%	0.38%	-8.93%	-698.78%

CITIC Corporate Events

CITIC Corporation Releases H1 2025 Financial Statements

CITIC Corporation Limited has released its unaudited financial statements for the six months ending June 30, 2025. The announcement, made under the regulations of the Hong Kong Stock Exchange, reveals the company’s financial position, highlighting a total asset increase to RMB 12,005,835,068. This disclosure is significant for stakeholders as it provides insights into the company’s financial health and compliance with regulatory requirements.

The most recent analyst rating on (HK:0267) stock is a Buy with a HK$12.50 price target. To see the full list of analyst forecasts on CITIC stock, see the HK:0267 Stock Forecast page.

CITIC Limited Appoints Lead Independent Non-Executive Director

CITIC Limited has announced the designation of Mr. Anthony Francis Neoh as the lead independent non-executive director, effective from August 29, 2025. This move aligns with the recently amended Corporate Governance Code and aims to enhance communication among independent directors, the board, and shareholders, particularly minority shareholders, thereby strengthening the company’s corporate governance practices.

The most recent analyst rating on (HK:0267) stock is a Buy with a HK$12.50 price target. To see the full list of analyst forecasts on CITIC stock, see the HK:0267 Stock Forecast page.

CITIC Limited Announces Board Composition and Committee Roles

CITIC Limited has announced the composition of its Board of Directors, which includes a mix of executive, non-executive, and independent non-executive directors. The board is chaired by Xi Guohua, with Zhang Wenwu serving as Vice Chairman and President. The announcement also details the roles and functions of the directors within four key board committees: Audit and Risk Management, Nomination, Remuneration, and Strategy and Sustainability. This update reflects CITIC’s commitment to structured governance and strategic oversight, potentially impacting its operational efficiency and stakeholder confidence.

The most recent analyst rating on (HK:0267) stock is a Buy with a HK$12.50 price target. To see the full list of analyst forecasts on CITIC stock, see the HK:0267 Stock Forecast page.

CITIC Limited Reports Robust Interim Results Amid Strategic Advancements

CITIC Limited reported solid interim results for the first half of 2025, with operating revenue of RMB368.8 billion and a net profit of RMB59.8 billion, driven by the resilience of the Chinese economy and the vibrancy of the Hong Kong capital market. The company’s share price increased by 21%, outperforming the Hang Seng Index, and it maintained a strong S&P credit rating. CITIC’s strategic initiatives, such as the ‘Financial Core’ and ‘Industrial Starlink,’ have enhanced its market position, with significant achievements in financial innovation, cross-border services, and industrial advancements. The company continues to focus on high-quality development and unlocking potential across its diversified business segments.

The most recent analyst rating on (HK:0267) stock is a Buy with a HK$12.50 price target. To see the full list of analyst forecasts on CITIC stock, see the HK:0267 Stock Forecast page.

CITIC Limited Declares Interim Dividend for 2025

CITIC Limited has announced an interim dividend of RMB 0.2 per share for the financial year ending December 31, 2025. The dividend will be paid in Hong Kong dollars at a rate of HKD 0.21926 per share, with the payment date set for November 21, 2025. This announcement reflects CITIC’s commitment to providing value to its shareholders and maintaining a stable financial position.

The most recent analyst rating on (HK:0267) stock is a Buy with a HK$12.50 price target. To see the full list of analyst forecasts on CITIC stock, see the HK:0267 Stock Forecast page.

CITIC Securities Releases 2025 Interim Results

CITIC Securities Company Limited has announced its unaudited interim results for the first half of 2025, highlighting its financial performance and operational achievements. This announcement is part of the company’s compliance with Hong Kong’s securities listing regulations and provides stakeholders with insights into the company’s market positioning and financial health.

The most recent analyst rating on (HK:0267) stock is a Buy with a HK$12.50 price target. To see the full list of analyst forecasts on CITIC stock, see the HK:0267 Stock Forecast page.

CITIC Bank Announces 2025 Interim Results and Dividend Plan

China CITIC Bank Corporation Limited has announced its interim results for the first half of 2025, highlighting a proposed interim profit distribution plan. The plan includes cash dividends of RMB1.88 per 10 shares, amounting to a total of RMB10.46 billion. This announcement underscores the bank’s financial performance and commitment to shareholder returns, reflecting its stable position in the market.

The most recent analyst rating on (HK:0267) stock is a Buy with a HK$12.50 price target. To see the full list of analyst forecasts on CITIC stock, see the HK:0267 Stock Forecast page.

CITIC Limited Schedules Board Meeting to Approve Half-Year Results

CITIC Limited has announced that its Board of Directors will meet on August 29, 2025, to approve the company’s half-year results for the period ending June 30, 2025, and to consider the declaration and payment of an interim dividend. This meeting is significant for stakeholders as it will provide insights into the company’s financial performance and potential shareholder returns for the first half of the year.

The most recent analyst rating on (HK:0267) stock is a Buy with a HK$11.25 price target. To see the full list of analyst forecasts on CITIC stock, see the HK:0267 Stock Forecast page.