China CITIC Bank Corporation Limited (CHBJF) Stock

About China CITIC Bank Corporation Limited

China CITIC Bank Corporation Limited stands as a prominent financial institution, furnishing a comprehensive suite of banking and financial services to clients both domestically across the People's Republic of China and internationally. Its operational framework is organized into distinct divisions: Corporate Banking, Personal Banking, and Treasury Operations. The bank's core provisions include accepting deposits, extending credit to corporate and individual borrowers, offering securities agency, facilitating payment and settlement processes, providing guarantee services, and delivering investment banking and international financial expertise. Moreover, it actively participates in capital and interbank markets, executing money market transactions, repurchase agreements, and trading or investing in debt instruments, alongside engaging in derivatives and foreign exchange trading. The institution further broadens its scope with asset management, finance leasing, and various other non-banking financial solutions. It caters to a wide array of customers, from large corporations, government agencies, and non-financial entities to individual consumers and micro and small enterprises. By December 31, 2021, China CITIC Bank's extensive network comprised 1,415 physical locations, including 37 primary, 126 secondary, and 1,252 sub-branches. This was significantly augmented by 1,569 self-service banks, 5,398 self-service terminals, and 9,078 smart teller machines. Established in 1987, the bank's headquarters are situated in Beijing, China, operating as a subsidiary of CITIC Corporation Limited.

China CITIC Bank Corporation Limited is headquartered in CN.

China CITIC Bank Corporation Limited (CHBJF) stock trades at $0.85 with a market capitalization of $47.39B. The stock is valued at a price-to-earnings (P/E) ratio of 5.85, price-to-book of 0.54, price-to-sales of 1.38. Over the past 52 weeks the stock has ranged between $0.84 and $1.15, and currently trades 26.1% below its 52-week high. It pays a dividend yielding 7.06%.

On profitability, China CITIC Bank Corporation Limited generates a return on equity (ROE) of 9.18%, return on capital employed of 0.86%, an operating margin of 28.28%, a net profit margin of 23.65%.

In its most recent fiscal year, China CITIC Bank Corporation Limited reported annual revenue of $347.0B, net profit of $68.8B, revenue has compounded at 25.2% a year over the last five years, profit at 7.0% a year.

The balance sheet shows a debt-to-equity ratio of 3.91 — a leveraged balance sheet worth monitoring, a current ratio of 1.15, total assets of $10.14T, $387.0B in cash and equivalents.

CHBJF has an average daily trading volume of 232 shares, a beta of 0.02 (less volatile than the overall market).

Official website: www.citicbank.com