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Finance

CITIC Securities Co., Ltd.

Business Summary

CITIC Securities Co., Ltd. engages in the provision of financial products and services. It operates through the following business segments: Investment Banking, Brokerage, Trading, Asset Management, and Others. The Investment Banking segment is the securities placement and underwriting acitivities, and financial advisory services. The Brokerage segment refers to the securities and futures dealing and brokerage, as well as the sale of financial products as agent. The Trading segment is the equity, fixed income and derivatives trading and market-making, margin financing and securities lending and alternative investment activities. The Others segment handles private equity investment, principal investment and other financial activities. The company was founded on October 25, 1995 and is headquartered in Shenzhen, China.

Financial Highlights

Dec 2019 CNYUSD
Revenue65,671.72M9,504.06M
Gross Profit59,123.20M8,556.35M
Operating income17,178.49M2,486.08M
Income before tax16,193.51M2,343.53M
Net income12,228.60M1,769.73M
EBITDA28,095.59M4,066.01M
Diluted EPS1.000.14
Dividends Per Share0.480.06
Total Assets791,722.42M113,660.13M
Total liabilities626,272.63M89,908.06M
Total equity161,625.20M23,203.01M
Operating cash flow23,245.41M3,364.09M
Currency in CNYCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 64,109.24M 46,221.78M 55,570.03M 46,970.49M 65,671.72M
Gross Profit 53,580.36M 40,355.64M 49,106.76M 34,086.18M 59,123.20M
Operating income 29,157.91M 15,531.20M 16,867.55M 12,915.25M 17,178.49M
Income before tax 26,641.61M 13,913.14M 15,569.73M 11,733.91M 16,193.51M
Net income 19,799.79M 10,365.16M 11,433.26M 9,389.89M 12,228.60M
EBITDA 40,452.12M 23,664.71M 26,514.34M 23,445.80M 28,095.59M
Diluted EPS 1.70 0.85 0.94 0.77 1.00
Dividends Per Share 0.47 0.34 0.42 0.33 0.48
Total Assets 616,108.24M 597,438.83M 625,574.64M 653,132.71M 791,722.42M
Total liabilities 474,371.14M 451,650.16M 472,432.08M 496,301.22M 626,272.63M
Total equity 139,137.78M 142,695.94M 149,799.04M 153,140.76M 161,625.20M
Operating cash flow 86,757.24M -49,191.09M -104,148.56M 104,922.96M 23,245.41M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 10,200.16M 6,957.38M 8,222.58M 7,098.44M 9,504.06M
Gross Profit 8,524.95M 6,074.40M 7,266.22M 5,151.29M 8,556.35M
Operating income 4,639.19M 2,337.78M 2,495.85M 1,951.82M 2,486.08M
Income before tax 4,238.83M 2,094.23M 2,303.82M 1,773.29M 2,343.53M
Net income 3,150.26M 1,560.18M 1,691.75M 1,419.05M 1,769.73M
EBITDA 6,436.17M 3,562.05M 3,923.27M 3,543.26M 4,066.01M
Diluted EPS 0.27 0.12 0.13 0.11 0.14
Dividends Per Share 0.07 0.05 0.06 0.05 0.06
Total Assets 94,879.30M 85,968.60M 96,064.90M 95,129.81M 113,660.13M
Total liabilities 73,052.10M 64,990.30M 72,547.92M 72,287.05M 89,908.06M
Total equity 21,426.91M 20,533.26M 23,003.53M 22,305.19M 23,203.01M
Operating cash flow 13,803.59M -7,404.32M -15,410.64M 15,856.54M 3,364.09M

Valuation Measures

Dec 2019
PER25.06
ROA1.69%
ROE7.76%
Operating margin26.15%
Profit margin18.62%

Key executives

  • President & Executive Director: Ming Hui Yang
  • Chief Financial Officer & Treasurer: Jiong Li
  • Chief Engineer: Qun Li Song
  • Chief Compliance & Risk Officer: Guo Ming Zhang
  • Deputy Head-Equity Derivatives: Jian Qiang Xu

Shareholders

  • CITIC Ltd. (20.3%)
  • China Securities Finance Corp. Ltd. (3.6%)
  • Guotai Asset Management Co., Ltd. (1.1%)
  • China Asset Management Co., Ltd. (0.9%)
  • China Merchants Fund Management Co., Ltd. (0.5%)
  • Allianz Global Investors Asia Pacific Ltd. (0.4%)
  • Hwabao WP Fund Management Co., Ltd. (0.4%)
  • Harvest Fund Management Co., Ltd. (0.4%)
  • ICBC Credit Suisse Asset Management Co., Ltd. (0.3%)
  • Fullgoal Fund Management Co., Ltd. (0.3%)

Contact Details

  • Website:http://www.cs.ecitic.com
  • Address: CITIC Securities Tower, 8 Zhongxin 3rd Road, Shenzhen, 518048, China
  • Phone: +86.755.2383.5888

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  • CITIC Securities Investment Co., Ltd.
  • China Shipbuilding Investment Development Co., Ltd.
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Competitors

  • Futu Holdings Ltd. Sponsored ADR Class A
Last Updated on 22 Sep, 2020

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