China CITIC Bank Corporation Ltd Class H (HK:0998)
:0998
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China CITIC Bank
(0998)
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Rating:66Neutral
Price Target:
HK$8.00
â–˛(1.01% Upside)
Action:ReiteratedDate:03/22/26
The score is driven primarily by solid but risk-tinged financial performance: margins improved, but revenue is declining, leverage appears inconsistent, and cash flow has been volatile. Offsetting this, valuation is compelling (low P/E and strong dividend yield), and technicals are mildly constructive with price above key averages and a positive MACD, though momentum is close to overbought.
China CITIC Bank (0998) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$504.37B
Dividend Yield5.76%
Average Volume (3M)30.65M
Price to Earnings (P/E)5.0
Beta (1Y)0.40
Revenue Growth-5.46%
EPS Growth0.33%
CountryHK
Employees65,466
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)-0.06
Shares Outstanding14,882,163,000
10 Day Avg. Volume23,231,412
30 Day Avg. Volume30,652,255
Financial Highlights & Ratios
PEG Ratio-1.53
Price to Book (P/B)0.46
Price to Sales (P/S)1.00
P/FCF Ratio5.12
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$8.78Price Target Upside10.82% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)1.26
Revenue Forecast (FY)HK$218.74B
China CITIC Bank Business Overview & Revenue Model
Company Description
China CITIC Bank Corporation Limited provides various banking products and services in the People's Republic of China and internationally. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. It accep...
How the Company Makes Money
China CITIC Bank primarily makes money through (1) net interest income and (2) non-interest income (fees/commissions and market-related income). Net interest income is earned from the spread between interest collected on interest-earning assets (s...
China CITIC Bank Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
55
Neutral
Cash Flow
42
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 347.02B | 375.89B | 379.30B | 373.76B | 362.59B |
| Gross Profit | 160.82B | 212.78B | 205.15B | 210.80B | 204.32B |
| EBITDA | 87.30B | 85.97B | 79.78B | 77.56B | 69.00B |
| Net Income | 68.79B | 68.58B | 67.02B | 62.10B | 55.64B |
Balance Sheet | |||||
| Total Assets | 10.14T | 9.53T | 9.05T | 8.55T | 8.04T |
| Cash, Cash Equivalents and Short-Term Investments | 556.63B | 887.49B | 746.93B | 780.36B | 696.80B |
| Total Debt | 3.07T | 260.20B | 1.06T | 1.06T | 1.05T |
| Total Liabilities | 9.36T | 8.73T | 8.32T | 7.86T | 7.40T |
| Stockholders Equity | 759.14B | 789.26B | 717.22B | 665.42B | 626.30B |
Cash Flow | |||||
| Free Cash Flow | 67.55B | -199.81B | -14.44B | 188.27B | -79.88B |
| Operating Cash Flow | 104.39B | -181.03B | -918.00M | 195.07B | -75.39B |
| Investing Cash Flow | -527.64B | -29.53B | 1.89B | -115.87B | -206.79B |
| Financing Cash Flow | 496.51B | 220.80B | -63.10B | -32.54B | 219.92B |
China CITIC Bank Technical Analysis
Positive
7.92
Price Trends
7.33
Positive
7.24
Positive
7.17
Positive
Market Momentum
0.19
Negative
67.24
Neutral
90.26
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0998, the sentiment is Positive. The current price of 7.92 is above the 20-day moving average (MA) of 7.46, above the 50-day MA of 7.33, and above the 200-day MA of 7.17, indicating a bullish trend. The MACD of 0.19 indicates Negative momentum. The RSI at 67.24 is Neutral, neither overbought nor oversold. The STOCH value of 90.26 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0998.
China CITIC Bank Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | HK$1.15T | 8.32 | 11.95% | 4.26% | -4.57% | 1.77% | |
71 Outperform | HK$456.53B | 10.39 | 11.77% | 5.80% | 1.90% | 12.81% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | HK$504.37B | 5.02 | 9.01% | 5.76% | -5.46% | 0.33% | |
57 Neutral | HK$206.87B | 5.64 | 6.61% | 5.53% | -8.41% | -5.52% | |
57 Neutral | HK$649.92B | 6.72 | 9.30% | 5.37% | -1.54% | -3.95% | |
52 Neutral | HK$179.94B | 5.60 | 4.68% | 9.09% | -7.28% | -5.00% |
* Financial Sector Average
HK:0998
China CITIC Bank
7.92
2.54
47.21%
HK:2388
BOC Hong Kong (Holdings)
43.18
16.16
59.80%
HK:6818
China Everbright Bank Co
3.02
0.25
9.18%
HK:1988
China Minsheng Banking
3.66
0.50
15.79%
HK:3968
China Merchants Bank Co
49.70
10.76
27.62%
HK:1658
Postal Savings Bank of China Co., Ltd. Class H
4.93
0.64
14.92%
China CITIC Bank Corporate Events
China CITIC Bank Announces 2025 Final Dividend and Tax Terms for Hong Kong Shareholders
Mar 20, 2026
China CITIC Bank has proposed a final ordinary cash dividend of RMB 1.93 per 10 shares for the financial year ended 31 December 2025, payable to shareholders on its Hong Kong register. The dividend will be distributed by default in Hong Kong dolla...
China CITIC Bank Seeks One-Year Extension for Rights Issue Approvals
Mar 20, 2026
China CITIC Bank has moved to extend the validity of its shareholder approvals for a proposed rights issue of A shares and H shares, a capital-raising plan originally endorsed at its 2021 annual and class meetings. The bank’s board resolved ...
China CITIC Bank Unveils 2025 Results and Confirms Robust Cash Dividend Payout
Mar 20, 2026
China CITIC Bank has released its audited annual results for the year ended 31 December 2025, prepared in line with Hong Kong listing disclosure rules and reviewed by its audit committee. The full annual report will be made available on both the b...
China CITIC Bank Calls 2026 Extraordinary Shareholders’ Meeting to Extend Rights Issue Authorization
Mar 17, 2026
China CITIC Bank has convened its First Extraordinary Shareholders’ Meeting of 2026 for April 10 in Beijing, calling on shareholders of both A shares and H shares to vote on a special resolution to extend the authorization period granted to ...
China CITIC Bank Sets March 2026 Board Meeting to Approve 2025 Results and Consider Dividend
Mar 10, 2026
China CITIC Bank has scheduled a meeting of its board of directors for 20 March 2026 to review and approve the annual results of the bank and its subsidiaries for the financial year ended 31 December 2025. The board will also consider the recommen...
China CITIC Bank Posts Modest Profit Growth on Expanding Asset Base in 2025 Preliminary Results
Jan 14, 2026
China CITIC Bank reported preliminary 2025 annual results showing modest profit growth alongside slower revenue performance, with total operating income edging down 0.55% year-on-year to RMB 212.475 billion while operating profit and total profit ...
China CITIC Bank President and Executive Director Lu Wei Resigns After 26-Year Tenure
Dec 30, 2025
China CITIC Bank has announced that executive director and president Lu Wei has resigned from all his positions at the bank, including chairman and member of the Risk Management Committee and member of the Strategic and Sustainable Development Com...
China CITIC Bank Sets Line-Up for Seventh Board and Key Committees
Dec 30, 2025
China CITIC Bank has announced the composition of the seventh session of its board of directors, confirming Fang Heying as chairman and outlining a mix of executive, non-executive, and independent non-executive directors. The bank also detailed th...
China CITIC Bank Discloses Final 2023 Emoluments for Senior Management
Dec 24, 2025
China CITIC Bank has confirmed the final 2023 emoluments for its senior management who receive compensation from the bank, detailing pre-tax amounts that cover basic pay, performance-linked remuneration and employer contributions to social insuran...
China CITIC Bank Tightens Governance with New Rules for Nomination and Remuneration Committee
Dec 24, 2025
China CITIC Bank has updated and approved Version 3.0 (2025) of the Rules of Procedures for its Board Nomination and Remuneration Committee, aiming to further standardize the board’s decision-making mechanism and strengthen its corporate gov...
China CITIC Bank Tightens Governance With Updated Nomination and Remuneration Committee Rules
Dec 24, 2025
China CITIC Bank has updated and approved Version 3.0 (2025) of the Rules of Procedures for its Board Nomination and Remuneration Committee, aiming to further standardize decision-making at board level and enhance its overall corporate governance ...
China CITIC Bank Tightens Audit Committee Rules to Bolster Governance
Dec 24, 2025
China CITIC Bank has updated and approved Version 3.0 (2025) of the Rules of Procedures for its Board Audit Committee, aiming to further standardise Board decision-making and strengthen its corporate governance framework. The revised rules clarify...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.