CITIC Securities

China Capital Market Reforms And Digitalization Will Spur Global Expansion

AnalystHighTarget

Not Invested

Consensus Narrative from 13 Analysts

Published

02 Jun 25

Updated

08 Aug 25

AnalystHighTarget's Fair Value

CN¥38.80

24.3% undervalued

08 Aug

CN¥29.38

55.7%

1.6%

Author's Valuation

CN¥38.8

24.3% undervalued

AnalystHighTarget Fair Value

Narrative

Updates0

AnalystHighTarget Fair Value

CN¥38.8

24.3% undervalued

Future estimation in

% p.a.

Decrease

Increase

Current revenue growth rate

9.44%

Capital Markets revenue growth rate

0.28%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

12.94%

Calculation

CN¥41.35b

Earnings '28

20.13x

PE Ratio '28

CN¥832.56b

Market Cap '28

CN¥832.56b

Market Cap '28

14.82b

No. shares '28

CN¥56.18

Share Price '28

CN¥56.18 Share Price '28

Discounted to 2025 @ 13.13% p.a.

CN¥38.80

Fair Value '25