CITIC Securities Co Ltd Class H (HK:6030)
:6030
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CITIC Securities Co
(6030)
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Rating:59Neutral
Price Target:
HK$25.00
â–¼(-14.32% Downside)
Action:ReiteratedDate:03/28/26
The score is driven primarily by solid profitability but weighed down by cash-flow volatility and a notable recent increase in leverage. Technically, the stock is in a clear downtrend with bearish momentum, partly offset by near-oversold readings. Valuation is supportive, with a moderate P/E and a reasonable dividend yield.
Positive Factors
Consistent high profitability
Sustained net margins near the mid-20% range show the firm consistently earns above-average spreads across underwriting, trading and asset-management activities. That margin resilience supports durable earnings, capacity to invest in business lines, and ability to fund dividends through cycles.
Negative Factors
Marked increase in leverage in 2025
A sharp rise in debt in 2025 reduces financial flexibility and raises funding and refinancing risk during market stress. Higher leverage can constrain capital for underwriting, amplify earnings volatility from trading losses, and increase regulatory or rating pressure over months.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent high profitability
Sustained net margins near the mid-20% range show the firm consistently earns above-average spreads across underwriting, trading and asset-management activities. That margin resilience supports durable earnings, capacity to invest in business lines, and ability to fund dividends through cycles.
Read all positive factors
CITIC Securities Co (6030) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$432.08B
Dividend Yield2.05%
Average Volume (3M)15.85M
Price to Earnings (P/E)12.4
Beta (1Y)2.03
Revenue Growth62.72%
EPS Growth29.18%
CountryHK
Employees26,781
SectorFinancial
Sector Strength70
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)0.56
Shares Outstanding2,620,077,000
10 Day Avg. Volume14,682,797
30 Day Avg. Volume15,850,844
Financial Highlights & Ratios
PEG Ratio0.36
Price to Book (P/B)1.29
Price to Sales (P/S)2.20
P/FCF Ratio164.75
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$30.21Price Target Upside3.52% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)2.3
Revenue Forecast (FY)HK$86.32B
CITIC Securities Co Business Overview & Revenue Model
Company Description
CITIC Securities Company Limited provides various financial products and services in Mainland China and internationally. It operates through Investment Banking, Brokerage, Trading, Asset Management, and Others segments. The company offers investme...
How the Company Makes Money
CITIC Securities generally earns revenue across several fee- and trading-driven lines. (1) Brokerage and wealth management: it collects commissions and fees when retail and institutional clients trade stocks and other securities through its platfo...
CITIC Securities Co Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
62
Positive
Cash Flow
35
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 165.73B | 82.53B | 77.01B | 79.65B | 90.83B |
| Gross Profit | 137.21B | 63.68B | 59.43B | 64.44B | 75.60B |
| EBITDA | 46.10B | 30.38B | 28.02B | 30.59B | 33.44B |
| Net Income | 29.30B | 21.70B | 19.72B | 21.32B | 23.10B |
Balance Sheet | |||||
| Total Assets | 2.08T | 1.71T | 1.45T | 1.31T | 1.28T |
| Cash, Cash Equivalents and Short-Term Investments | 928.14B | 638.80B | 529.72B | 534.26B | 504.37B |
| Total Debt | 735.58B | 188.35B | 265.34B | 180.93B | 256.32B |
| Total Liabilities | 1.80T | 1.41T | 1.18T | 1.05T | 1.06T |
| Stockholders Equity | 281.79B | 293.11B | 268.84B | 253.12B | 209.17B |
Cash Flow | |||||
| Free Cash Flow | 2.21B | 171.27B | -42.42B | 77.22B | 27.74B |
| Operating Cash Flow | 3.67B | 172.56B | -40.84B | 78.52B | 28.46B |
| Investing Cash Flow | 9.93B | -74.26B | -18.20B | -791.74M | -6.92B |
| Financing Cash Flow | 53.66B | -15.36B | 48.28B | -41.86B | 9.71B |
CITIC Securities Co Technical Analysis
Negative
29.18
Price Trends
27.03
Negative
27.41
Negative
27.48
Negative
Market Momentum
-0.85
Negative
40.01
Neutral
38.11
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6030, the sentiment is Negative. The current price of 29.18 is above the 20-day moving average (MA) of 24.80, above the 50-day MA of 27.03, and above the 200-day MA of 27.48, indicating a bearish trend. The MACD of -0.85 indicates Negative momentum. The RSI at 40.01 is Neutral, neither overbought nor oversold. The STOCH value of 38.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6030.
CITIC Securities Co Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | HK$145.10B | 10.56 | 8.83% | 0.97% | 64.00% | 112.84% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
59 Neutral | HK$432.08B | 12.45 | 10.28% | 2.05% | 62.72% | 29.18% | |
59 Neutral | HK$152.69B | 9.05 | 9.55% | 3.83% | 51.04% | 24.56% | |
58 Neutral | HK$320.90B | 8.69 | 8.71% | 2.75% | 52.67% | 121.43% | |
57 Neutral | HK$179.38B | 10.96 | 8.46% | 2.92% | 10.82% | 55.25% | |
53 Neutral | HK$174.89B | 9.66 | 10.70% | 2.80% | 36.57% | 77.14% |
* Financial Sector Average
HK:6030
CITIC Securities Co
25.22
8.07
47.04%
HK:3908
China International Capital
18.25
5.54
43.62%
HK:6886
Huatai Securities Co
15.62
5.18
49.63%
HK:6099
China Merchants Securities Co., Ltd. Class H
13.67
2.24
19.57%
HK:6066
CSC Financial Co., Ltd. Class H
10.83
2.74
33.87%
HK:2611
Guotai Junan Securities Co., Ltd. Class H
14.02
4.30
44.24%
CITIC Securities Co Corporate Events
CITIC Securities Confirms 2025 Results and Proposes Higher Cash Dividend
Mar 26, 2026
CITIC Securities has released its audited annual results for the year ended 31 December 2025, confirming that both its domestic and international financial statements received standard unqualified opinions from KPMG Huazhen LLP and KPMG. The compa...
CITIC Securities Proposes Final Dividend for 2025, Details Pending
Mar 26, 2026
CITIC Securities Company Limited has proposed a final ordinary cash dividend of RMB 4.1 per 10 shares for the financial year ended 31 December 2025, with shareholders able to receive the payout in renminbi and a Hong Kong dollar equivalent to be a...
CITIC Securities Sets March 2026 Webcast for 2025 Annual Results
Mar 19, 2026
CITIC Securities has announced plans to publish its 2025 annual results on 26 March 2026, followed by an online results presentation via live webcast the next day. The event aims to give investors a detailed view of the firm’s performance an...
CITIC Securities Confirms Poll Results and Governance Moves at 2026 Extraordinary Meeting
Mar 13, 2026
CITIC Securities Company Limited announced the poll results of its 2026 First Extraordinary General Meeting held in Beijing, confirming that the meeting was duly convened and conducted in compliance with PRC company law and the firm’s articl...
CITIC Securities Updates Board Composition and Committee Roles
Mar 13, 2026
CITIC Securities has announced the current composition of its board of directors, detailing the mix of executive, non-executive, independent non-executive, and an employee director, with Zhang Youjun serving as chairman. The firm also outlined the...
CITIC Securities Confirms Hong Kong Probe but Says Operations Remain Normal
Mar 12, 2026
CITIC Securities has disclosed that Hong Kong’s Securities and Futures Commission and the Independent Commission Against Corruption executed a search at a Hong Kong subsidiary on 10 March 2026 and seized documents, while an employee was ques...
CITIC Securities Sets March Board Meeting to Approve 2025 Results and Final Dividend Plan
Mar 11, 2026
CITIC Securities has announced that its board of directors will convene a meeting on 26 March 2026 to review and approve the audited financial results of the company and its subsidiaries for the year ended 31 December 2025. At the same meeting, th...
CITIC Securities Calls March 2026 EGM to Elect Non-Executive Director
Feb 13, 2026
CITIC Securities has called its first extraordinary general meeting of 2026 for 13 March in Beijing, where shareholders will vote on the election of a new non-executive director. Voting will be conducted by poll in line with Hong Kong listing rule...
CITIC Securities Reports Strong Preliminary 2025 Results for ChinaAMC
Feb 10, 2026
CITIC Securities has released preliminary 2025 financial data for its controlled subsidiary ChinaAMC to ensure equal and timely information access for shareholders ahead of disclosures by another major shareholder. The asset manager reported total...
CITIC Securities Delivers Strong 2025 Growth as It Accelerates First-Class Investment Bank Strategy
Feb 2, 2026
CITIC Securities reported strong operational and financial performance for 2025 under its “Improving Quality, Increasing Efficiency and Enhancing Returns” action plan, with operating revenue rising 28.75% to RMB74.83 billion and net pr...
CITIC Securities Nominates Wu Yonggao as Additional Non-Executive Director
Feb 2, 2026
CITIC Securities has proposed the appointment of Wu Yonggao as an additional non-executive director for its eighth board session, with his term to run from shareholder approval until the expiry of the current board, and with no remuneration from t...
CITIC Securities Posts Strong 2025 Preliminary Results on Market Rebound and Business Expansion
Jan 14, 2026
CITIC Securities reported strong preliminary, unaudited results for 2025, with operating revenue rising 28.75% year-on-year to RMB 74.83 billion and net profit attributable to shareholders climbing 38.46% to RMB 30.05 billion, while total assets g...
CITIC Securities Announces Resignation of Non-Executive Director Wang Shuhui
Jan 12, 2026
CITIC Securities announced that non-executive director Wang Shuhui has resigned from the board and from his roles on the Strategic Planning and ESG Committee and the Risk Management Committee due to work adjustment, effective 12 January 2026. The ...
CITIC Securities Sets Out Board Line-Up and Committee Structure
Jan 12, 2026
CITIC Securities Company Limited has announced the current composition of its board of directors, detailing the mix of executive, non-executive, independent non-executive and employee directors, with Zhang Youjun serving as chairman. The board has...
CITIC Securities Sets RMB4.3 Billion 2025 Interim Dividend and Offers Currency Choice to H Shareholders
Dec 31, 2025
CITIC Securities Company Limited has confirmed its 2025 interim profit distribution plan, declaring a cash dividend of RMB2.90 (tax inclusive) for every ten shares to both A and H shareholders of record, amounting to a total payout of approximatel...
CITIC Securities Tightens Audit Committee Mandate to Boost Governance
Dec 30, 2025
CITIC Securities Company Limited has updated the terms of reference for its Board Audit Committee, a key corporate governance body responsible for overseeing annual audits, financial reporting and disclosure, internal and external audit coordinati...
CITIC Securities Tightens Nomination Committee Rules to Bolster Board Governance
Dec 30, 2025
CITIC Securities has updated the terms of reference for its Board Nomination Committee, a key pillar of its corporate governance framework, with the latest revision approved at the forty-second meeting of the eighth board session and set to take e...
CITIC Securities Tightens Governance With Revised Remuneration and Appraisal Committee Rules
Dec 30, 2025
CITIC Securities Company Limited has updated the terms of reference for its Board Remuneration and Appraisal Committee, a key body within its corporate governance framework responsible for setting remuneration policies and performance appraisal st...
CITIC Securities Strengthens Board-Level Risk Governance With Updated Committee Mandate
Dec 30, 2025
CITIC Securities Company Limited has updated the terms of reference for its Board Risk Management Committee, a key governance body responsible for overseeing the firm’s overall risk management and ensuring risks from its business operations ...
CITIC Securities Names Veteran Banker Sun Yi to Executive Management Committee
Dec 30, 2025
CITIC Securities Company Limited has appointed veteran investment banker Sun Yi as an Executive Member of its Management Committee, effective 30 December 2025, with his term running until the end of the current Eighth Session of the Board. Sun, 53...
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.