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CITIC Securities Company Limited Unsponsored ADR(CIIHY US)

$26.72+0.321.21%Ext:$25.22-1.505.63%(Market Closed · 20:00:00 UTC)

Overview

ProfileEntity Structure

Financials & Metrics

FinancialsChartingShort InterestEmployees
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CIIHY US​

CITIC Securities Company Limited Unsponsored ADR — Company Profile

CITIC Securities Company Limited, established in 1995 and headquartered in Beijing, People's Republic of China, is a leading financial institution that delivers a comprehensive range of financial products and services. Its operations extend across Mainland China and into various international markets. The company structures its diverse activities into several core divisions: Investment Banking, Brokerage, Trading, Asset Management, and a suite of additional specialized services. Through its Investment Banking arm, CITIC Securities provides critical capital market solutions, including facilitating equity and debt fundraising, and offering strategic financial advisory services to a wide array of corporate and institutional clients. The Brokerage division is responsible for intermediating transactions in securities and futures, as well as distributing a variety of financial products. Its Trading segment actively engages in market-making and proprietary trading across a broad spectrum of asset classes. This includes equities, fixed income instruments, derivatives, and foreign exchange, alongside margin financing, securities lending, alternative investments, and commodity-related businesses. The Asset Management segment offers varied investment solutions, encompassing collective investment schemes, specialized and separately managed accounts, and general fund management. It also ventures into private equity and provides comprehensive custody and research services. Beyond these primary areas, CITIC Securities delivers an extensive array of supplementary services. These comprise institutional brokerage, investment advisory and management, consultancy, fiduciary management, and services pertaining to funds and real estate. The company also offers business training, financial product outsourcing, support for bond issuance, offshore portfolio hedging and investment fund services, and participation in leveraged foreign exchange and other transactional activities. Furthermore, it undertakes investments using its own capital, manages cash transactions, provides property management and leasing, and contributes to information technology development, technical consulting, financial product innovation, portfolio design, and general consulting.

Sector
Financial Services
Industry
Financial - Capital Markets
Exchange
UU
CEO
Zou Yingguang
Headquarters
Beijing, BE, CN
IPO Date
Apr 17, 2015
Employees
26,823
Website
www.citics.com

Key Metrics

Price
$32.80
Market Cap
$48.61B
Revenue (TTM)
$27.79B
Net Income (TTM)
$10.22B
EPS (TTM)
6.70
P/E (TTM)
1.96
P/B (TTM)
0.14
Dividend Yield
3.02%
ROE (TTM)
3.05%
ROA (TTM)
0.46%
Operating Margin
47.60%
Beta
0.48

Dividends

Last Dividend
$0.60
Last Yield
0.03%

Summary

CITIC Securities Company Limited, established in 1995 and headquartered in Beijing, People's Republic of China, is a leading financial institution that delivers a comprehensive range of financial products and services. Its operations extend across Mainland China and into various international markets. The company structures its diverse activities into several core divisions: Investment Banking, Brokerage, Trading, Asset Management, and a suite of additional specialized services. Through its Investment Banking arm, CITIC Securities provides critical capital market solutions, including facilitating equity and debt fundraising, and offering strategic financial advisory services to a wide array of corporate and institutional clients. The Brokerage division is responsible for intermediating transactions in securities and futures, as well as distributing a variety of financial products. Its Trading segment actively engages in market-making and proprietary trading across a broad spectrum of asset classes. This includes equities, fixed income instruments, derivatives, and foreign exchange, alongside margin financing, securities lending, alternative investments, and commodity-related businesses. The Asset Management segment offers varied investment solutions, encompassing collective investment schemes, specialized and separately managed accounts, and general fund management. It also ventures into private equity and provides comprehensive custody and research services. Beyond these primary areas, CITIC Securities delivers an extensive array of supplementary services. These comprise institutional brokerage, investment advisory and management, consultancy, fiduciary management, and services pertaining to funds and real estate. The company also offers business training, financial product outsourcing, support for bond issuance, offshore portfolio hedging and investment fund services, and participation in leveraged foreign exchange and other transactional activities. Furthermore, it undertakes investments using its own capital, manages cash transactions, provides property management and leasing, and contributes to information technology development, technical consulting, financial product innovation, portfolio design, and general consulting.

Website
www.citics.com
Location
Beijing, BE, CN
Phone86 10 6083 6030
Employees26,823
CEOZou Yingguang
SectorFinancial Services
IndustryFinancial - Capital Markets
IPO DateApr 17, 2015

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Key Stats

Trading

Px/Chg 1D$32.80 / +0.00%
Avg Volume531.79
Beta0.48
Mkt Cap48.61B
FD Mkt Cap51.87B

Float

Shrs Out/Float1.48B / 1.07B
Short Float0.00%
Days to Cover8.35
Stock Repurchased$0.00

Current Valuation

EV183.58B
EV/EBITDA5.70
EV/Sales2.15
P/B0.14
P/S0.57
FCF Yield61.91%
ROE3.05%
ROA0.46%
Current Ratio1.59

Dividend

Cash$0.60
Yield3.02%
Yield (TTM)3.02%

Estimates

P/E1.96
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMar '23Mar '24Mar '25Mar '26Oct '26
PRICE-BASED RATIOS
Price / Earnings2.881.471.251.976.023.70
Price / Sales0.960.390.320.521.751.81
Price / Book Value0.130.120.090.150.130.14
Price / Free Cash Flow0.820.41-0.580.252.421.62
ENTERPRISE VALUE METRICS
Enterprise Value-246,798.5-316,671.7-234,415.4-343,083.0-523,398.7183,576.1
Enterprise Value / Sales-5.27-3.98-3.04-4.16-22.016.83
Enterprise Value / EBITDA-17.08-10.35-8.37-11.29-55.400.00
Enterprise Value / EBIT-17.47-10.94-8.95-12.07-55.400.00

Financials

Full Financials
Millions CNY5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue16.2%90,833.179,653.177,005.882,533.1165,497.4
Gross Income16%75,595.664,435.159,426.063,675.4137,020.6
EBITDA8.3%33,436.630,589.828,016.630,381.746,033.3
EBIT8.3%31,893.828,950.226,185.528,418.543,918.1
Net Income6.1%23,099.621,317.419,720.521,703.729,256.7
EPS (Diluted)3.1%16.9014.2013.0014.1019.10
BALANCE SHEET
Cash & ST Inv16.5%504,372.3534,259.7529,719.7638,802.0928,328.8
Total Assets13%1,278,664.81,308,603.41,453,359.11,710,710.82,083,225.9
Total Liabilities14%1,064,857.01,050,231.31,179,159.91,411,944.21,795,482.5
Total Shareholder Equity11.2%209,171.3253,118.1268,839.6293,108.7319,930.4
CASH FLOW
Net Operating Cash Flow-40.1%28,458.178,522.7-40,837.0172,563.03,664.7
Cap Ex19.2%-719.7-1,304.0-1,579.8-1,293.4-1,453.8
Free Cash Flow-46.9%27,738.477,218.7-42,416.7171,269.72,210.8

Enterprise Value Bridge

Millions CNY23 Oct '26
Price (As of 23 Oct '26)26.72
Basic Shares1,482.06
Market Cap39,600.5
Diluted Shares1,439.31
Fully Diluted Shares Outstanding1,439.31
Fully Diluted Market Cap38,458.5
+Consolidated Debt232,698.8
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-103,710.5
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest5,976.4
+Pension Liabilities—
Enterprise Value174,565.2

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