CITIC Securities

Analysts Lift CITIC Securities Price Target Amid Board Moves and Dividend Proposal

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

30 Mar 25

Updated

05 Dec 25

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AnalystConsensusTarget's Fair Value

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1Y

-4.9%

7D

-0.5%

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1Y

-4.9%

7D

-0.5%

You can edit this narrative until Dec 6 10:05 PM. Then, changes will post as Updates.

Author's Valuation

CN¥38.6426.1% undervalued

AnalystConsensusTarget Fair Value

Shared on 05 Dec 25

600030: Revenue Stability And Governance Reforms Will Support Higher Future Net Profit Margin

Analysts have modestly revised their price target on CITIC Securities upward to CNY 38.64, reflecting steady expectations for revenue, profit margins, and valuation multiples that together support a slightly higher fair value outlook. What's in the News Special and extraordinary shareholders meeting scheduled for December 19, 2025 in Beijing to consider key corporate matters (company announcement) Board meeting set for November 24, 2025 with an agenda focused on appointing additional directors (company announcement) Company proposes amendments to its Articles of Association and key governance rules to align with updated PRC company law and new CSRC guidelines (regulatory filing) Board meeting on October 24, 2025 will review and approve unaudited third quarter 2025 results for the group (company announcement) Valuation Changes Fair Value Estimate, unchanged at CN¥38.64 per share, indicating stable overall valuation assumptions.

Shared on 21 Nov 25

600030: Net Profit Margin Will Rise As 100% Cash Dividend Is Proposed

Analysts have slightly raised their price target for CITIC Securities to ¥38.64 per share, citing incremental improvements in projected revenue growth and profit margins. What's in the News CITIC Securities has proposed amendments to its Articles of Association and related corporate governance rules to align with new Chinese regulatory guidelines effective from July 2024 and March 2025 (Key Developments).

Shared on 06 Nov 25

Fair value Increased 1.71%

600030: Net Profit Margin Is Expected To Improve Amid Dividend Proposal

Analysts have raised their price target for CITIC Securities from ¥37.99 to ¥38.64, citing modest improvements in projected profit margins even though forecasts anticipate a slowdown in revenue growth. What's in the News CITIC Securities' Board of Directors will meet on October 24, 2025 to consider and approve the unaudited results for the third quarter ended September 30, 2025.

Shared on 23 Oct 25

Fair value Increased 0.44%

Analysts have slightly raised their price target for CITIC Securities from ¥37.83 to ¥37.99, citing incremental improvements in discount rate and profit margin projections. What's in the News The board meeting on October 24, 2025 will review and approve the unaudited results for the third quarter ended September 30, 2025 (Key Developments).

Shared on 09 Oct 25

Fair value Increased 1.46%

Analysts have raised their price target for CITIC Securities from ¥37.28 to ¥37.83. They cite improved expectations for revenue growth and profit margins.

Shared on 01 Sep 25

Fair value Increased 6.11%

Despite a slight reduction in revenue growth forecasts, an improved net profit margin has supported an upward revision in CITIC Securities' consensus analyst price target from CN¥35.13 to CN¥37.28. What's in the News Company to hold an Extraordinary General Meeting to propose amendments to its articles of association.

Shared on 01 May 25

Fair value Decreased 4.48%

Shared on 23 Apr 25

Fair value Decreased 0.73%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Increased 1.81%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

Fair value Decreased 0.63%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 8.96%

AnalystConsensusTarget has increased revenue growth from 9.6% to 11.9%.

AnalystConsensusTarget Fair Value

CN¥38.64

26.1% undervalued

Future estimation in

% p.a.

0

Decrease

Increase

Current revenue growth rate

7.21%

Capital Markets revenue growth rate

0.25%

Risk Level (Discount Rate)

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

%

0

Decrease

Increase

Current discount rate

13.06%

Calculation

CN¥38.13b

Earnings '28

x

21.71x

PE Ratio '28

=

CN¥827.62b

Market Cap '28

CN¥827.62b

Market Cap '28

/

14.82b

No. shares '28

=

CN¥55.84

Share Price '28

CN¥55.84 Share Price '28

Discounted to 2025 @ 13.06% p.a.

=

CN¥38.64

Fair Value '25