CITIC Securities Company Limited

CITIC Securities Company Limited

CIIHY
CITIC Securities Company LimitedUS flagOther OTC
32.65
USD
-2.47
- -
48.39BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
13.73
24.47
45.08
29.45
33.09
28.21
32.97
39.48
55.31
42.92
39.17
37.68
48.45
37.35
Basic EPS, GAAP
4.53
9.71
16.12
8.11
8.86
7.26
9.52
10.94
16.9
14.2
13
14.1
19.6
15.94
Free Cash Flow per Basic Share
-16.35
25.55
66.73
-39.1
-81.11
44.22
16.78
74.28
20.29
51.44
-27.96
111.27
47.32
115.08
Dividend per Share
3.46
3.48
6.27
8.35
6.47
8.93
7.89
10.07
8.85
10.04
9.1
11.67
7.61
6.51
Book Value per Share
31.63
37.45
46.33
46.39
49.7
52.04
56.24
57.02
66.27
66.65
71.37
74.29
83.3
90.28
Tangible Book Value per Share
66.83
76.38
103.81
102.91
108.06
110.6
118.64
126.41
147.45
164.21
172.98
186.45
204.72
215.53
Basic Weighted Avg Shares
1,159
1,167
1,228
1,278
1,290
1,293
1,284
1,363
1,367
1,501
1,517
1,539
1,534
1,525
Sales/Revenue/Turnover
15,904
28,568
55,368
37,653
42,687
36,491
42,339
53,797
75,596
64,435
59,426
58,005
74,342
56,944
Operating Margin (%)
43.13
46.14
49.95
37.72
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
479
649
602
790
902
871
1,432
1,507
1,543
1,640
1,831
1,963
1,984
- -
Net Income, GAAP
5,244
11,337
19,800
10,365
11,433
9,390
12,229
14,902
23,100
21,317
19,721
21,704
30,076
24,307
Effective Tax Rate (%)
22.47
23.09
25.38
23.01
25.95
20.77
25.57
24.2
24.73
23.42
21.56
20.51
22.14
22.38
Profit Margin (%)
32.97
39.68
35.76
27.53
26.78
25.73
28.88
27.7
30.56
33.08
33.19
37.42
40.46
42.69
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
45,977
84,882
111,348
116,049
156,706
161,113
188,640
202,043
256,322
180,929
265,343
247,408
289,648
302,522
Total Equity
89,402
101,131
141,737
145,789
153,143
156,831
165,450
185,883
213,808
258,372
274,199
298,767
325,822
340,256
Return on Invested Capital (%)
4.37
6.2
9.23
4.19
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
14.39
28.21
39.35
17.84
18.53
14.29
17.53
19.88
27.45
22.36
18.93
19.5
24.84
18.83

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
14,821
14,821
Market Capitalization
383,668
373,008
295,532

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
860,570
958,823
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.82%
12%
9.06%
Free Cash Flow
-50.95%
-122.1%
-57.6%
Net Income, GAAP
8.53%
17.69%
38.58%
Sales/Revenue/Turnover
5.37%
8.75%
28.16%
Total Cash Common Dividend
7.78%
-0.09%
-34.99%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13,695
16,266
16,013
17,701
58,005
2025
16,352
15,031
- -
19,008
74,342
2026
22,905
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.2
- -
- -
- -
14.1
2025
4.3
- -
- -
- -
19.6
2026
6.7
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.18
- -
- -
- -
11.67
2025
1.51
- -
- -
- -
7.61
2026
4.31
- -
- -
- -
- -

Company Description

APIChat
CEO
Youjun Zhang
Full Time Employees
26,781
Sector
Financial Services
Industry
Financial - Capital Markets
Address
CITIC Securities Tower Beijing People's Republic of China 100026
IPO Date
Apr 17, 2015
Business
CITIC Securities Company Limited (CIIHY) operates as China's leading full-service investment bank, providing comprehensive financial services including investment banking, brokerage, trading, asset management, and other solutions to domestic and foreign corporate, institutional, high-net-worth, and retail clients; its core offerings encompass securities brokerage and futures dealing, equity and debt financing, securities underwriting and sponsorship, financial advisory, proprietary trading, market-making in equities, fixed income, currencies, and commodities (FICC), alternative investments, private equity, fund management, wealth management, and custody services. Founded in October 1995 and headquartered in Shenzhen, Guangdong Province with key offices in Beijing and Hong Kong, the company maintains branches in 13 countries worldwide and over 400 outlets in China, supported by major subsidiaries such as China Asset Management (ChinaAMC), CITIC Futures, Goldstone Investment, and CITIC Securities International (CSI) that hold leading industry positions; it lists A shares on the Shanghai Stock Exchange (600030) and H shares on the Hong Kong Stock Exchange (6030), with China CITIC Financial Holdings as its largest shareholder. Geographically, CITIC Securities focuses on China while expanding internationally through platforms like CSI and CLSA, serving global capital markets in equity financing, offshore bonds, and cross-border M&A for Chinese enterprises. In the first half of 2025, the company ranked first in domestic A-share equity financing with 36 lead underwriting projects totaling RMB148.5 billion (19.2% market share), including STAR Market, ChiNext, and Beijing Stock Exchange IPOs for tech firms like Insta360 and Sepax Technologies, and private placements for major state-owned banks; it also led in debt financing with RMB1.04 trillion across 2,821 bonds (6.65% market share), topping peers in technology innovation bonds, green bonds (including carbon-neutral), and rural revitalization bonds, while completing six major A-share asset reorganizations worth RMB37 billion. Overseas, it executed 30 offshore equity projects (US$3 billion), 160 offshore bonds for Chinese issuers (US$2.4 billion, 4.4% share), and 29 global M&A deals for Chinese firms (US$21 billion), highlighted by Chifeng Gold's H-share IPO, Duality Bio's largest H-share 18A IPO since 2022, and cross-border transactions like Lonza Group partnerships. In 2024, CITIC Securities advanced internationalization with a US$916 million capital increase for CSI, achieving record HKFRS revenue of US$2.26 billion (+41%) and net profit of US$530 million (+116%), while enhancing green finance (RMB52 billion green bonds), pension AUM (RMB930 billion across three pillars), and rural support via RMB9.7 billion in specialized bonds and 107 "insurance + futures" projects benefiting 41,300 farmers. Total assets under management exceed RMB4.4 trillion, with client custody over RMB12 trillion and net capital at RMB159 billion as of June 2025.

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