China CITIC Bank Corporation Limited

SZSC:998 Stock Report

Market Cap: HK$360.5b

China CITIC Bank Management

Management criteria checks 4/4

China CITIC Bank's CEO is Cheng Liu, appointed in Jan 2023, has a tenure of 1.92 years. directly owns 0.001% of the company’s shares, worth HK$4.18M. The average tenure of the management team and the board of directors is 3.5 years and 3.3 years respectively.

Key information

Cheng Liu

Chief executive officer

CN¥2.4m

Total compensation

CEO salary percentagen/a
CEO tenure1.9yrs
CEO ownership0.001%
Management average tenure3.5yrs
Board average tenure3.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Cheng Liu's remuneration changed compared to China CITIC Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CN¥63b

Jun 30 2024n/an/a

CN¥62b

Mar 31 2024n/an/a

CN¥62b

Dec 31 2023CN¥2mn/a

CN¥62b

Sep 30 2023n/an/a

CN¥62b

Jun 30 2023n/an/a

CN¥61b

Mar 31 2023n/an/a

CN¥59b

Dec 31 2022CN¥2mCN¥2m

CN¥57b

Compensation vs Market: Cheng's total compensation ($USD322.89K) is below average for companies of similar size in the Hong Kong market ($USD895.30K).

Compensation vs Earnings: Cheng's compensation has been consistent with company performance over the past year.

CEO

Cheng Liu (57 yo)

1.9yrs

Tenure

CN¥2,352,500

Compensation

Mr. Cheng Liu is Non-Executive Director of China CITIC Bank International Limited from September 28, 2023. He served as Executive Vice President of China CITIC Bank Corporation Limited since January 07, 20...

Leadership Team

NamePositionTenureCompensationOwnership
Heying Fang
Executive Chairman6.3yrsno data0.0017%
HK$ 6.2m
Cheng Liu
President & Executive Director1.9yrsCN¥2.35m0.0012%
HK$ 4.2m
Gang Hu
VP & Chief Risk Officer5yrsCN¥2.23m0.0030%
HK$ 10.9m
Qing Zhang
Secretary of the Board & Joint Company Secretary5.4yrsCN¥1.87m0.0010%
HK$ 3.7m
Xue Fengqing
Head of the Financial & Accounting Departmentno datano datano data
Chun Zhang
Employee Representative Supervisor and Deputy GM of the Bank's Culture & Labor Union Departmentno datano datano data
Yuezhen Liu
General Manager of Asset & Liability Departmentno datano datano data
Yuet Fan Cheung
Joint Company Secretaryless than a yearno datano data

3.5yrs

Average Tenure

57yo

Average Age

Experienced Management: 998's management team is considered experienced (3.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Heying Fang
Executive Chairman6.3yrsno data0.0017%
HK$ 6.2m
Cheng Liu
President & Executive Director2.9yrsCN¥2.35m0.0012%
HK$ 4.2m
Chun Zhang
Employee Representative Supervisor and Deputy GM of the Bank's Culture & Labor Union Departmentless than a yearno datano data
Huacheng Wang
Independent Non-Executive Director1.2yrsCN¥69.70kno data
Guoqiang Cao
Non-Executive Director6.3yrsno datano data
Fang Huang
Non-Executive Director8.1yrsno datano data
Pusheng Cheng
Employee Representative Supervisor2.8yrsno data0.00066%
HK$ 2.4m
Yufang Zeng
Employee Representative Supervisor7.3yrsno data0.00035%
HK$ 1.3m
Guobin Wei
Chairman of Board of Supervisor4.6yrsno datano data
Bowen Zhou
Independent Non-Executive Director1.3yrsCN¥90.00kno data
Yankang Wang
Non-Executive Director3.7yrsno datano data
Tsz Bun Liu
Independent Non-Executive Director2.5yrsCN¥298.60kno data

3.3yrs

Average Tenure

56.5yo

Average Age

Experienced Board: 998's board of directors are considered experienced (3.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 04:42
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

China CITIC Bank Corporation Limited is covered by 68 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yu Hang AuABCI Securities Company Limited
Meizhi YanBarclays
Dorris ChenBNP Paribas Securities (Asia)