CITIC Securities Co. Ltd. Class A

CITIC Securities Co. Ltd. Class A

26.40
USD
-1.13
(-4.10%)
67.10BMarket Cap
Oct 26Next Earn
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
9.86
17.59
32.4
21.17
23.78
20.28
23.7
30.1
39.75
30.85
28.16
27.08
34.82
- -
Basic EPS, GAAP
3.25
6.98
11.59
5.83
6.37
5.22
6.84
8.34
12.15
10.21
9.34
10.13
14.09
- -
Free Cash Flow per Basic Share
-11.75
18.36
47.96
-28.11
-58.29
31.78
12.06
56.63
14.59
36.97
-20.1
79.97
34.01
- -
Dividend per Share
2.48
2.5
4.51
6
4.65
6.42
5.67
7.68
6.36
7.21
6.54
8.39
5.47
9.37
Book Value per Share
54.14
61.19
78.34
80.35
84.35
86.23
91
95.86
110.35
122.75
130.38
142.15
155.15
170.24
Tangible Book Value per Share
46.76
53.8
70.32
72.34
76.62
78.47
83.63
88.67
103.88
117
124.66
136.44
149.49
164.64
Basic Weighted Avg Shares
1,612
1,624
1,709
1,779
1,795
1,800
1,787
1,787
1,902
2,089
2,111
2,142
2,135
1,642
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
- -
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
- -
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
- -
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
- -
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
337,345
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
357,012
Return on Invested Capital (%)
4.14
5.92
8.4
3.62
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
4.31
6.73
8.76
3.79
3.81
2.84
3.51
3.85
5.17
4.5
3.86
3.83
5.02
- -
Return on Common Equity (%)
6.02
12.14
16.62
7.36
7.82
6.2
7.77
8.68
11.82
9.22
7.56
7.72
9.81
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,062
2,062
2,062
Market Capitalization
505,408
400,305
455,231

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
860,570
958,823
1,079,660
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

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

CNY

•

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
26,320
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.3
3.79
3.02
3.31
10.13
2025
3.09
4.84
- -
4.67
14.09
2026
4.82
8.86
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.85
0.97
4.44
3.74
8.39
2025
1.09
1.02
- -
1.24
5.47
2026
3.1
4.7
- -
- -
- -

Company Description

CEO
Ying Guang Zou
Full Time Employees
26,823
Sector
Finance
Industry
Investment banks/Brokers
Address
CITIC Securities Tower Beijing BE China 100026
IPO Date
Jan 6, 2003
Website
citics.com
Business
CITIC Securities Company Limited is a leading full-service investment bank in China that provides comprehensive securities services, including investment banking such as equity and debt underwriting, mergers and acquisitions advisory, and financial advisory; brokerage and wealth management for retail and institutional clients; financial markets trading in equities, fixed income, commodities, and derivatives; asset management encompassing collective, single, and special plans as well as public funds through its subsidiary China Asset Management Co., Ltd.; and equity investment via platforms like CITIC Goldstone Investment Co., Ltd. and CITIC Securities Investment Co., Ltd. The company operates through key subsidiaries including CITIC Futures Co., Ltd. for futures brokerage and risk management, CITIC Securities (Hong Kong) for international brokerage, and CLSA for global capital markets and advisory services; it maintains extensive domestic presence with over 50 branches and 300 outlets across China, alongside global operations in 13 countries covering Asia, Australia, Europe, and the Americas. Founded in 1995 and headquartered in Shenzhen, Guangdong Province, with principal offices in Beijing and Hong Kong, CITIC Securities serves corporate, institutional, high-net-worth, and retail clients, focusing on channeling capital into strategic sectors like technology, new energy, and green finance while supporting cross-border flows under initiatives like the Belt and Road. In 2024, CITIC Securities ranked first in A-share IPO and refinancing underwriting with RMB70.36 billion in lead transactions, first in domestic debenture underwriting of RMB2,091.24 billion including FI bonds, corporate bonds, and asset-backed securities, and first in New OTC Market listings; it also led offshore bond underwriting for Chinese firms at USD5.05 billion while achieving second place in Hong Kong equity financing (USD3.58 billion) and global M&A for Chinese enterprises (USD30.02 billion). The company expanded wealth management with over 15.8 million clients and RMB12 trillion in assets under custody, doubled overseas product sales, and grew assets under management to RMB1,542.45 billion domestically plus RMB2,464.53 billion at ChinaAMC; CITIC Goldstone raised RMB9.88 billion in new funds for equity investments in high-tech sectors. It enhanced globalization via Hong Kong and Singapore hubs, advanced equity derivatives and fixed income market-making, and maintained leadership in margin financing and prime services amid ongoing digital transformation and risk management upgrades.

Company News

  • Bloomberg Watch Shows 5 Ideal "Safer" November Dividend Dogs

  • 5 Ideal 'Safer' Dividend Buys From Bloomberg's June Watch List