China Citic Bank Corp Ltd

Chart & Performance

D1W1MN

P/E

4.99

P/S

1.63

EPS

0.94

Div Yield, %

12.96%

Shrs. gr., 5y

3.05%

Rev. gr., 5y

4.44%

Revenues

143.97b

-31.70%

Net income

67.02b

+7.91%

CFO

-918m

Dividend

Dec 11, 20240.20443 HKD/sh

Earnings

Mar 19, 2025

Profile

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 accepts deposits; offers corporate and personal loans; and provides securities agency, remittance and settlement, and guarantee services, as well as investment banking and international services. The company also engages in the capital markets operations and inter-bank operations, including inter-bank money market transactions, repurchase transactions, investments, and trading in debt instruments; and derivatives and forex trading. In addition, it offers asset management, finance leasing, and other non-banking financial services. The company serves corporations, government agencies, and non-financial institutions; and individual customers and micro and small enterprises. As of December 31, 2021, it operated 1,415 outlets, including 37 tier-one branches, 126 tier-two branches, and 1,252 sub-branches; 1,569 self-service banks; and 5,398 self-service terminals, as well as 9,078 smart teller machines. The company was founded in 1987 and is headquartered in Beijing, the People's Republic of China. China CITIC Bank Corporation Limited is a subsidiary of CITIC Corporation Limited.

URL

http://www.citicbank.com/

IPO date

Apr 27, 2007

Employees

60,314

Domiciled in

Incorporated in

Valuation

Order:

Title CNY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CNY in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	143,970,000 -31.70%	210,801,000 3.17%	204,319,000 4.88%
Cost of revenue	205,206,040	64,548,000	59,737,000
Unusual Expense (Income)
NOPBT	(61,236,040)	146,253,000	144,582,000
NOPBT Margin		69.38%	70.76%
Operating Taxes	6,825,000	10,466,000	9,140,000
Tax Rate		7.16%	6.32%
NOPAT	(68,061,040)	135,787,000	135,442,000
Net income	67,016,000 7.91%	62,103,000 11.61%	55,641,000 13.60%
Dividends	(21,492,000)	(46,548,000)	(42,064,000)
Dividend yield	10.73%	22.96%	21.92%
Proceeds from repurchase of equity	(3,516,000)
BB yield	1.76%
Debt
Debt current
Long-term debt		1,056,219,000	1,046,350,000
Deferred revenue
Other long-term liabilities		(1,056,219,000)	(1,046,350,000)
Net debt	(3,391,459,000)	(2,277,738,000)	(2,001,567,000)
Cash flow
Cash from operating activities	(918,000)	195,066,000	(75,394,000)
CAPEX	(13,524,000)	(6,799,000)	(4,481,000)
Cash from investing activities	1,887,000	(115,873,000)	(206,788,000)
Cash from financing activities	(63,102,000)	(32,539,000)	219,918,000
FCF	(75,632,040)	135,324,000	136,014,000
Balance
Cash	746,933,000	780,364,000	696,802,000
Long term investments	2,644,526,000	2,553,593,000	2,351,115,000
Excess cash	3,384,260,500	3,323,416,950	3,037,701,050
Stockholders' equity	675,275,000	471,307,000	439,303,000
Invested Capital	8,377,209,000	8,067,749,000	7,592,828,000
ROIC		1.73%	1.84%
ROCE		1.71%	1.80%
EV
Common stock shares outstanding	54,585,965	58,587,736	56,776,531
Price	3.67 6.07%	3.46 2.37%	3.38 2.74%
Market cap	200,330,491 -1.18%	202,713,566 5.63%	191,904,673 2.42%
EV	(3,138,720,509)	(2,019,657,434)	(1,758,384,327)
EBITDA	(56,338,040)	150,393,000	151,735,000
EV/EBITDA	55.71
Interest	174,153,000	162,962,000	158,269,000
Interest/NOPBT		111.42%	109.47%