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China CITIC Bank SHSE:601998 Stock Report

Last Price

CN¥7.27

Market Cap

CN¥311.3b

7D

12.4%

1Y

19.6%

Updated

17 Apr, 2024

Data

Company Financials +

China CITIC Bank Corporation Limited

SHSE:601998 Stock Report

Market Cap: CN¥311.3b

601998 Stock Overview

China CITIC Bank Corporation Limited provides various banking products and services in the People’s Republic of China and internationally.

601998 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends5/6

China CITIC Bank Corporation Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for China CITIC Bank
Historical stock prices
Current Share PriceHK$7.27
52 Week HighHK$8.27
52 Week LowHK$5.17
Beta0.45
1 Month Change16.51%
3 Month Change29.36%
1 Year Change19.57%
3 Year Change34.88%
5 Year Change14.49%
Change since IPO-36.06%

Recent News & Updates

Recent updates

Shareholder Returns

601998CN BanksCN Market
7D12.4%0.7%-4.9%
1Y19.6%-5.6%-21.1%

Return vs Industry: 601998 exceeded the CN Banks industry which returned -5.6% over the past year.

Return vs Market: 601998 exceeded the CN Market which returned -21.1% over the past year.

Price Volatility

Is 601998's price volatile compared to industry and market?
601998 volatility
601998 Average Weekly Movement3.9%
Banks Industry Average Movement2.9%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.4%
10% least volatile stocks in CN Market5.4%

Stable Share Price: 601998 has not had significant price volatility in the past 3 months.

Volatility Over Time: 601998's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198766,891Cheng Liuwww.citicbank.com

China CITIC Bank Corporation Limited provides various banking products and services in the People’s Republic of China and internationally. The company operates in segments, such as Corporate Banking, Retail Banking, and Financial Market business. 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.

China CITIC Bank Corporation Limited Fundamentals Summary

How do China CITIC Bank's earnings and revenue compare to its market cap?
601998 fundamental statistics
Market capCN¥311.34b
Earnings (TTM)CN¥62.23b
Revenue (TTM)CN¥143.97b

3.3x

P/E Ratio

0.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601998 income statement (TTM)
RevenueCN¥143.97b
Cost of RevenueCN¥1.33b
Gross ProfitCN¥142.64b
Other ExpensesCN¥80.41b
EarningsCN¥62.23b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)1.17
Gross Margin99.07%
Net Profit Margin43.22%
Debt/Equity Ratio249.1%

How did 601998 perform over the long term?

See historical performance and comparison

Dividends

9.2%

Current Dividend Yield

28%

Payout Ratio
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