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CITIC
(OTC:0267)
CITIC (0267) vs. iShares MSCI Hong Kong ETF (EWH)
CITIC Business Overview & Revenue Model
CITIC Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 886.58B | 752.32B | 771.13B | 708.94B | 552.95B | 566.50B | Gross Profit |
| 433.06B | 325.83B | 357.71B | 311.41B | 276.64B | 283.35B | EBIT |
| 286.54B | 187.09B | 203.02B | 191.49B | 179.44B | 172.13B | EBITDA |
| 252.31B | 164.77B | 168.22B | 134.23B | 114.15B | 116.97B | Net Income Common Stockholders |
| 61.96B | 63.49B | 73.53B | 70.22B | 56.63B | 53.90B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 24.63B | 1.94T | 1.05T | 1.00T | 1.09T | 975.94B | Total Assets |
| 192.94B | 12.49T | 11.79T | 10.69T | 9.74T | 8.29T | Total Debt |
| 83.68B | 2.75T | 3.52T | 3.28T | 2.95T | 2.55T | Net Debt |
| 59.13B | 2.52T | 2.64T | 2.43T | 2.05T | 1.63T | Total Liabilities |
| 118.80B | 11.02T | 10.41T | 9.52T | 8.73T | 7.40T | Stockholders Equity |
| 68.28B | 775.17B | 737.25B | 751.41B | 674.28B | 591.53B |
| Cash Flow | Free Cash Flow | ||||
| -226.53B | -270.78B | -110.86B | -158.37B | 303.92B | 116.43B | Operating Cash Flow |
| -197.56B | -25.08B | -87.29B | -133.88B | 324.80B | 136.06B | Investing Cash Flow |
| -50.20B | -45.22B | 54.21B | -224.78B | -263.05B | -257.33B | Financing Cash Flow |
| 203.25B | -12.17B | 75.93B | 224.25B | 35.26B | 67.40B |
CITIC Technical Analysis
CITIC Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $335.87B | 9.63 | 13.15% | 5.02% | 3.52% | 26.44% | |
72 Outperform | $17.11B | 6.51 | 5.64% | 6.44% | 5.93% | -3.64% | |
68 Neutral | $71.00B | 10.99 | 9.26% | 7.70% | 3.46% | 2.53% | |
66 Neutral | HK$288.58B | 4.57 | 7.93% | 6.03% | 8.48% | -1.70% | |
64 Neutral | $4.46B | 11.94 | 5.17% | 249.36% | 4.00% | -12.35% | |
63 Neutral | $140.10B | 2.93 | 8.83% | 6.38% | -9.80% | -18.36% | |
56 Neutral | $26.91B | 38.92 | 0.58% | ― | -8.96% | ― |
CITIC Corporate Events
CITIC Limited has announced the unaudited financial results of its subsidiary, CITIC Corporation Limited, for the first quarter of 2025. The financial statements reveal a comprehensive overview of the company’s assets and financial position, emphasizing the need for shareholders and potential investors to exercise caution due to the unaudited nature of the report. This announcement provides critical insights into the company’s operational status and its strategic positioning in the financial services industry.
CITIC Corporation Limited has released its financial statements and auditor’s report for the year ended 31 December 2024, as required by regulatory bodies due to its bond issuance activities. These documents are available on China Bond and the Shanghai Stock Exchange websites, reflecting the company’s compliance with financial disclosure regulations and providing stakeholders with insights into its financial health.
CITIC Limited announced the unaudited consolidated results for the first quarter of 2025 for its subsidiary, China CITIC Bank Corporation Limited. The report, prepared in accordance with International Financial Reporting Standards, reflects the company’s commitment to transparency and accuracy in financial reporting, potentially impacting its market positioning and stakeholder confidence.
CITIC Securities Company Limited reported its unaudited first-quarter results for 2025, showing an operating revenue of RMB17.76 billion and a net profit attributable to owners of RMB6.55 billion. These results, prepared according to PRC GAAP and applicable disclosure requirements, highlight the company’s strong financial performance and are published simultaneously in Hong Kong and Mainland China, reflecting its significant market presence and operational transparency.
CITIC Securities Company Limited has announced an estimated net profit of approximately RMB6.545 billion for the first quarter of 2025, marking a 32% increase compared to the previous year. This significant growth in profit reflects positively on the company’s financial health and could enhance its market positioning, potentially benefiting stakeholders and investors.
CITIC Limited has announced a change in its share registrar, effective from April 30, 2025, transitioning to Tricor Investor Services Limited. This change is part of the company’s administrative updates and may impact how stakeholders manage share transfers and collections, reflecting CITIC’s ongoing efforts to streamline its operations.
CITIC has announced that Huarong Financial Leasing has become a subsidiary of CITIC Group, making it a connected person under the Listing Rules. This development affects the investment business transactions between CITIC Bank and Huarong Financial Leasing Group, which are now considered continuing connected transactions. Additionally, CITIC has entered into a Finance Lease and Operating Lease Services Framework Agreement with Huarong Financial Leasing Group, effective from March 2025 to December 2027, to continue providing lease services. These transactions are subject to reporting and announcement requirements but are exempt from independent shareholders’ approval.
In 2024, CITIC Limited reported a 10.6% increase in revenue to RMB752.87 billion and a 1.1% rise in profit attributable to ordinary shareholders, reaching RMB58.202 billion. The company’s market capitalization grew by 27.5%, outperforming key indices, reflecting strong market recognition and shareholder confidence. CITIC advanced its ‘Financial Core’ strategy, which contributed 80% of its profits, focusing on enhancing stability and robustness in its financial services. The ‘Industrial Starlink’ initiative was launched to bolster resilience by revitalizing traditional industries and fostering new growth, positioning CITIC to better navigate global economic uncertainties.
CITIC Limited announced a final ordinary cash dividend of RMB 0.36 per share for the financial year ending December 31, 2024. Shareholders have the option to receive the dividend in Hong Kong dollars, with the specific exchange rate to be announced later. The dividend will be paid on August 15, 2025, following shareholder approval on June 19, 2025. This announcement reflects CITIC’s stable financial performance and commitment to providing returns to its shareholders.
CITIC Securities Company Limited has announced its audited annual results for the year ending December 31, 2024. The results, which are consolidated into CITIC Limited’s financial statements, highlight the company’s operational and financial performance. This announcement is significant for stakeholders as it provides insights into the company’s market positioning and financial health, which are crucial for investors and market analysts.
China CITIC Bank Corporation Limited announced its annual results for the year ending December 31, 2024, highlighting a significant profit distribution plan. The bank plans to distribute a total of RMB19.455 billion in cash dividends for the year, reflecting its strong financial performance. This announcement underscores the bank’s commitment to delivering value to its shareholders and maintaining a stable dividend policy.
CITIC Limited has announced that its Board of Directors will meet on March 28, 2025, to approve the annual results for the financial year ending December 31, 2024, and to consider recommending a final dividend. This meeting is significant as it will determine the company’s financial performance and potential returns for shareholders, impacting its market position and stakeholder interests.