CITIC Limited

SEHK:267 Stock Report

Market Cap: HK$241.4b

CITIC Balance Sheet Health

Financial Health criteria checks 2/6

CITIC has a total shareholder equity of CN¥1,405.1B and total debt of CN¥2,599.5B, which brings its debt-to-equity ratio to 185%. Its total assets and total liabilities are CN¥11,429.3B and CN¥10,024.2B respectively. CITIC's EBIT is CN¥304.5B making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥1,857.8B.

Key information

185.0%

Debt to equity ratio

CN¥2.60t

Debt

Interest coverage ratio1.5x
CashCN¥1.86t
EquityCN¥1.41t
Total liabilitiesCN¥10.02t
Total assetsCN¥11.43t

Recent financial health updates

CITIC (HKG:267) Use Of Debt Could Be Considered Risky

Jun 04
CITIC (HKG:267) Use Of Debt Could Be Considered Risky

Recent updates

Is Now The Time To Look At Buying CITIC Limited (HKG:267)?

Jan 01
Is Now The Time To Look At Buying CITIC Limited (HKG:267)?

Is There An Opportunity With CITIC Limited's (HKG:267) 23% Undervaluation?

Dec 10
Is There An Opportunity With CITIC Limited's (HKG:267) 23% Undervaluation?

Returns On Capital At CITIC (HKG:267) Have Stalled

Oct 28
Returns On Capital At CITIC (HKG:267) Have Stalled

CITIC Limited's (HKG:267) Shares Bounce 48% But Its Business Still Trails The Market

Oct 07
CITIC Limited's (HKG:267) Shares Bounce 48% But Its Business Still Trails The Market

CITIC (HKG:267) Will Pay A Dividend Of CN¥0.2079

Sep 02
CITIC (HKG:267) Will Pay A Dividend Of CN¥0.2079

An Intrinsic Calculation For CITIC Limited (HKG:267) Suggests It's 39% Undervalued

Aug 25
An Intrinsic Calculation For CITIC Limited (HKG:267) Suggests It's 39% Undervalued

CITIC Limited's (HKG:267) Price Is Right But Growth Is Lacking

Aug 03
CITIC Limited's (HKG:267) Price Is Right But Growth Is Lacking

What Does CITIC Limited's (HKG:267) Share Price Indicate?

Jul 13
What Does CITIC Limited's (HKG:267) Share Price Indicate?

CITIC (HKG:267) Use Of Debt Could Be Considered Risky

Jun 04
CITIC (HKG:267) Use Of Debt Could Be Considered Risky

CITIC's (HKG:267) Returns Have Hit A Wall

May 13
CITIC's (HKG:267) Returns Have Hit A Wall

There's No Escaping CITIC Limited's (HKG:267) Muted Earnings

Apr 22
There's No Escaping CITIC Limited's (HKG:267) Muted Earnings

CITIC Limited's (HKG:267) Intrinsic Value Is Potentially 33% Above Its Share Price

Mar 26
CITIC Limited's (HKG:267) Intrinsic Value Is Potentially 33% Above Its Share Price

Is It Time To Consider Buying CITIC Limited (HKG:267)?

Feb 06
Is It Time To Consider Buying CITIC Limited (HKG:267)?

CITIC (HKG:267) Has Some Way To Go To Become A Multi-Bagger

Jan 14
CITIC (HKG:267) Has Some Way To Go To Become A Multi-Bagger

Financial Position Analysis

Short Term Liabilities: 267's short term assets (CN¥8,706.1B) exceed its short term liabilities (CN¥5,315.5B).

Long Term Liabilities: 267's short term assets (CN¥8,706.1B) exceed its long term liabilities (CN¥4,708.7B).

Debt to Equity History and Analysis

Debt Level: 267's net debt to equity ratio (52.8%) is considered high.

Reducing Debt: 267's debt to equity ratio has increased from 159.6% to 185% over the past 5 years.

Debt Coverage: 267's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 267's interest payments on its debt are not well covered by EBIT (1.5x coverage).

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 00:31
End of Day Share Price 2025/01/10 00:00
Earnings2024/06/30
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

CITIC Limited is covered by 20 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Siti Bte SalikinCFRA Equity Research
Dongping ZhouChina International Capital Corporation Limited
Han PuChina International Capital Corporation Limited