China CITIC Bank Corporation Limited logo

China CITIC Bank Corporation Limited

0998.HK

HKSEFinancial ServicesBanks - Regional

Latest quote

HK$8.025

+HK$0.02 · +0.25%

Aug 24, 11:59 AM HKT

0998.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Operating both within the People's Republic of China and globally, China CITIC Bank Corporation Limited delivers a comprehensive suite of banking solutions. Its operations are strategically structured into Corporate Banking, Personal Banking, and Treasury Management divisions. The bank facilitates deposit accounts, extends credit through corporate and personal loans, and offers various financial facilities including securities brokerage, funds transfer and clearing, guarantee issuance, investment banking, and cross-border financial assistance. Furthermore, it is actively involved in capital markets and inter-bank activities, encompassing money market transactions, repurchase agreements, diverse investments, and the trading of debt instruments, alongside managing derivatives and foreign exchange transactions. Complementing these, its offerings extend to asset management, financial leasing, and a spectrum of other non-banking financial provisions. Its diverse clientele spans corporate entities, governmental bodies, non-financial organizations, as well as individual clients and small to medium-sized businesses. As of December 31, 2021, the bank maintained a substantial physical footprint with 1,415 branches (comprising 37 top-tier, 126 second-tier, and 1,252 sub-branches), supplemented by 1,569 self-service banking units, 5,398 self-service terminals, and 9,078 intelligent teller machines. Established in 1987, the institution is headquartered in Beijing, People's Republic of China, and operates as a subsidiary under CITIC Corporation Limited.

Industry
Banks - Regional
Sector
Financial Services
Headquarters
CN
CEO
Heying Fang
Listed since
Apr 27, 2007
Employees
67,674

Market position

Day range

Current HK$8.025

52-week range

Current HK$8.025

Open
HK$7.925
Previous close
HK$8.005
Volume
7.95M
0.29× average
Average volume
27.5M
Average daily volume
Market cap
446.55B HKD
Beta
0.02
Market reference 1
50-day average
HK$7.298
+9.96% above average
200-day average
HK$7.4151
+8.23% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.03T CNY
P/E (TTM)
6.67×
P/B (TTM)
0.61×
P/S (TTM)
1.58×
EV / EBITDA
34.66×
Earnings yield
19.90%
Free cash flow yield
19.54%
Dividend yield
4.46%

Profitability & efficiency

Gross margin
52.90%
Operating margin
28.28%
Net margin
23.65%
Return on equity
9.06%
Return on assets
0.68%
Return on invested capital
0.69%

Financial health

Debt / equity
3.91×
Current ratio
0.22×
Altman Z-score
0.15
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends61%44%28%11%Gross margin, FY2021: 56.35%Gross margin, FY2022: 56.40%Gross margin, FY2023: 54.09%Gross margin, FY2024: 56.61%Gross margin, FY2025: 46.34%Operating margin, FY2021: 18.07%Operating margin, FY2022: 19.64%Operating margin, FY2023: 19.74%Operating margin, FY2024: 21.51%Operating margin, FY2025: 23.59%Net margin, FY2021: 15.35%Net margin, FY2022: 16.62%Net margin, FY2023: 17.67%Net margin, FY2024: 18.24%Net margin, FY2025: 19.82%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 56.35%. Gross margin FY2022 56.40%. Gross margin FY2023 54.09%. Gross margin FY2024 56.61%. Gross margin FY2025 46.34%. Operating margin FY2021 18.07%. Operating margin FY2022 19.64%. Operating margin FY2023 19.74%. Operating margin FY2024 21.51%. Operating margin FY2025 23.59%. Net margin FY2021 15.35%. Net margin FY2022 16.62%. Net margin FY2023 17.67%. Net margin FY2024 18.24%. Net margin FY2025 19.82%.

Income trends

Revenue

347.02B CNY-7.68%

Operating income

81.87B CNY+1.24%

Net income

68.79B CNY+0.31%
Income trends across reported periods411.67B CNY282.21B CNY152.74B CNY23.27B CNYRevenue, FY2021: 362.59B CNYRevenue, FY2022: 373.76B CNYRevenue, FY2023: 379.3B CNYRevenue, FY2024: 375.89B CNYRevenue, FY2025: 347.02B CNYOperating income, FY2021: 65.52B CNYOperating income, FY2022: 73.42B CNYOperating income, FY2023: 74.89B CNYOperating income, FY2024: 80.86B CNYOperating income, FY2025: 81.87B CNYNet income, FY2021: 55.64B CNYNet income, FY2022: 62.1B CNYNet income, FY2023: 67.02B CNYNet income, FY2024: 68.58B CNYNet income, FY2025: 68.79B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 362.59B CNY. Revenue FY2022 373.76B CNY. Revenue FY2023 379.3B CNY. Revenue FY2024 375.89B CNY. Revenue FY2025 347.02B CNY. Operating income FY2021 65.52B CNY. Operating income FY2022 73.42B CNY. Operating income FY2023 74.89B CNY. Operating income FY2024 80.86B CNY. Operating income FY2025 81.87B CNY. Net income FY2021 55.64B CNY. Net income FY2022 62.1B CNY. Net income FY2023 67.02B CNY. Net income FY2024 68.58B CNY. Net income FY2025 68.79B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue347.02B CNY375.89B CNY379.3B CNY373.76B CNY362.59B CNY
Cost of goods sold186.2B CNY163.11B CNY174.15B CNY162.96B CNY158.27B CNY
Gross profit160.82B CNY212.78B CNY205.15B CNY210.8B CNY204.32B CNY
Selling, general, and administrative43.17B CNY29.3B CNY30.16B CNY28.22B CNY51.7B CNY
Operating expenses79.48B CNY131.91B CNY130.26B CNY137.39B CNY138.8B CNY
Interest income277.22B CNY309.79B CNY317.69B CNY313.61B CNY306.17B CNY
Interest expense136.49B CNY163.11B CNY174.15B CNY162.96B CNY158.27B CNY
Depreciation and amortization5.96B CNY5.1B CNY4.9B CNY4.14B CNY3.49B CNY
Operating income81.87B CNY80.86B CNY74.89B CNY73.42B CNY65.52B CNY
Net income68.79B CNY68.58B CNY67.02B CNY62.1B CNY55.64B CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 4 misses, 1 met estimate
Average EPS surprise
-4.17%
11 comparable reports
Latest EPS result
0.41
Estimate 0.44 · Miss by 7.69%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.480.290.1-0.1Q4 '24MetQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26Estimate
Q4 2024, reported Oct 30, 2024: actual 0.27, estimate 0.27, surprise 0.00%, Met estimate. Q1 2025, reported Jan 14, 2025: actual 0.329, estimate 0.287, surprise +14.78%, Beat. Q2 2025, reported Apr 28, 2025: actual 0.384, estimate 0.362, surprise +5.88%, Beat. Q3 2025, reported Aug 27, 2025: actual 0.343, estimate 0.28, surprise +22.36%, Beat. Q4 2025, reported Oct 30, 2025: actual 0.306, estimate 0.284, surprise +7.71%, Beat. Q1 2026, reported Mar 20, 2026: actual -0.056, estimate 0.312, surprise -117.86%, Miss. Q2 2026, reported Apr 29, 2026: actual 0.409, estimate 0.443, surprise -7.69%, Miss. Q3 2026, reported Aug 26, 2026: actual —, estimate 0.323, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates102.63B85.29B67.96B50.62BQ4 '24BeatQ1 '25No estimateQ2 '25MissQ3 '25No estimateQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Oct 30, 2024: actual 58.62B HKD, estimate 57.49B HKD, surprise +1.97%, Beat. Q1 2025, reported Jan 14, 2025: actual 54.57B HKD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 28, 2025: actual 55.01B HKD, estimate 56.72B HKD, surprise -3.00%, Miss. Q3 2025, reported Aug 27, 2025: actual 98.68B HKD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 30, 2025: actual 55.58B HKD, estimate 58.05B HKD, surprise -4.26%, Miss. Q1 2026, reported Mar 20, 2026: actual 62.74B HKD, estimate 97.02B HKD, surprise -35.34%, Miss. Q2 2026, reported Apr 29, 2026: actual 62.12B HKD, estimate 61.03B HKD, surprise +1.79%, Beat. Q3 2026, reported Aug 26, 2026: actual —, estimate 56.16B HKD, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Jun 30, 2011

207:200

0998.HK peers

ETFs holding 0998.HK

Funds reporting this stock among their holdings, ordered by reported position size.

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