CITIC Balance Sheet Health
Financial Health criteria checks 2/6
CITIC has a total shareholder equity of CN¥1,336.8B and total debt of CN¥2,649.3B, which brings its debt-to-equity ratio to 198.2%. Its total assets and total liabilities are CN¥11,330.9B and CN¥9,994.1B respectively. CITIC's EBIT is CN¥307.3B making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥1,764.5B.
Key information
198.2%
Debt to equity ratio
CN¥2.65t
Debt
| Interest coverage ratio | 1.5x |
| Cash | CN¥1.76t |
| Equity | CN¥1.34t |
| Total liabilities | CN¥9.99t |
| Total assets | CN¥11.33t |
Recent financial health updates
CITIC (HKG:267) Use Of Debt Could Be Considered Risky
Jun 04
CITIC (HKG:267) Has A Somewhat Strained Balance Sheet
Dec 04Here's Why CITIC (HKG:267) Has A Meaningful Debt Burden
Dec 08These 4 Measures Indicate That CITIC (HKG:267) Is Using Debt Extensively
Nov 28Recent updates
CITIC (HKG:267) Use Of Debt Could Be Considered Risky
Jun 04CITIC's (HKG:267) Returns Have Hit A Wall
May 13There's No Escaping CITIC Limited's (HKG:267) Muted Earnings
Apr 22CITIC Limited's (HKG:267) Intrinsic Value Is Potentially 33% Above Its Share Price
Mar 26Is It Time To Consider Buying CITIC Limited (HKG:267)?
Feb 06CITIC (HKG:267) Has Some Way To Go To Become A Multi-Bagger
Jan 14There Is A Reason CITIC Limited's (HKG:267) Price Is Undemanding
Dec 23CITIC (HKG:267) Has A Somewhat Strained Balance Sheet
Dec 04CITIC Limited's (HKG:267) Intrinsic Value Is Potentially 52% Above Its Share Price
Nov 13CITIC's (HKG:267) Returns Have Hit A Wall
Sep 29CITIC (HKG:267) Will Pay A Smaller Dividend Than Last Year
Sep 03Is CITIC Limited (HKG:267) Trading At A 23% Discount?
Aug 09Is Now The Time To Put CITIC (HKG:267) On Your Watchlist?
Jul 18CITIC's (HKG:267) Shareholders Will Receive A Smaller Dividend Than Last Year
May 25Returns At CITIC (HKG:267) Appear To Be Weighed Down
May 01Here's Why CITIC (HKG:267) Has Caught The Eye Of Investors
Apr 02The Returns At CITIC (HKG:267) Aren't Growing
Jan 13Here's Why CITIC (HKG:267) Has A Meaningful Debt Burden
Dec 08Returns On Capital At CITIC (HKG:267) Have Hit The Brakes
Oct 14CITIC's (HKG:267) Upcoming Dividend Will Be Larger Than Last Year's
Sep 01An Intrinsic Calculation For CITIC Limited (HKG:267) Suggests It's 35% Undervalued
Aug 18Here's Why We Think CITIC (HKG:267) Is Well Worth Watching
Jul 25CITIC (HKG:267) Has More To Do To Multiply In Value Going Forward
Jun 07CITIC (HKG:267) Is Increasing Its Dividend To HK$0.46
May 11CITIC (HKG:267) Is Increasing Its Dividend To HK$0.46
Apr 27New Forecasts: Here's What Analysts Think The Future Holds For CITIC Limited (HKG:267)
Apr 07CITIC (HKG:267) Is Paying Out A Larger Dividend Than Last Year
Apr 04Are Investors Undervaluing CITIC Limited (HKG:267) By 33%?
Apr 03Returns On Capital At CITIC (HKG:267) Have Stalled
Jan 29An Intrinsic Calculation For CITIC Limited (HKG:267) Suggests It's 35% Undervalued
Jan 02CITIC's (HKG:267) Returns Have Hit A Wall
Oct 31Is CITIC Limited (HKG:267) Trading At A 31% Discount?
Oct 04CITIC's (HKG:267) Dividend Will Be Increased To HK$0.15
Aug 29Here's What You Should Know About CITIC Limited's (HKG:267) 6.6% Dividend Yield
Mar 31CITIC's(HKG:267) Share Price Is Down 44% Over The Past Three Years.
Feb 07
We Think CITIC's (HKG:267) Statutory Profit Might Understate Its Earnings Potential
Jan 03These 4 Measures Indicate That CITIC (HKG:267) Is Using Debt Extensively
Nov 28Financial Position Analysis
Short Term Liabilities: 267's short term assets (CN¥8,549.3B) exceed its short term liabilities (CN¥5,432.7B).
Long Term Liabilities: 267's short term assets (CN¥8,549.3B) exceed its long term liabilities (CN¥4,561.4B).
Debt to Equity History and Analysis
Debt Level: 267's net debt to equity ratio (66.2%) is considered high.
Reducing Debt: 267's debt to equity ratio has increased from 185.7% to 198.2% 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).