601998.SS

China CITIC Bank Corporation Limited [601998.SS] Stock Forecast

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601998.SS Stock Summary

Earnings have grown 80.58% per last year.

EPS has been increasing for the past 3 years (Yearly statements)

The Moving Average Convergence Divergence (MACD) for 601998.SS recently turned positive (within last 10 days).

601998.SS has more than 4 years of cash runway (51 months)

An RSI reading of 70 or higher indicates an overbought or overvalued condition.

Earnings are expected to fall -100% next year

Debt-to-Equity ratio of 1.48 is considered moderate, deeper research suggested.

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601998.SS Financial details

Company Rating

Buy

Market Cap

306.68B

Income

67.02B

Revenue

205.15B

Book val./share

14.65

Cash/share

15.25

Dividend

0.33

Dividend %

5.89%

Employees

66.89K

Optionable

Shortable

Yes

Earnings

26 Apr 2024

P/E

4.47

Forward P/E

PEG

-0.45

P/S

1.16

P/B

0.42

P/C

0.52

P/FCF

1.38

Quick Ratio

Current Ratio

Debt / Equity

1.48

LT Debt / Equity

1.45

EPS (TTM)

0.01

EPS next Y

EPS next Q

EPS this Y

8.55%

EPS next Y

EPS next 5Y

EPS last 5Y

5.98%

Revenue last 5Y

15.22%

Revenue Q/Q

-0.8%

EPS Q/Q

-435.48%

SMA20

16.67%

SMA50

16.67%

SMA100

40%

Inst Own

Inst Trans

ROA

ROE

10%

ROC

0.02%

Gross Margin

100%

Oper. Margin

77%

Profit Margin

32%

Payout

70%

Shs Outstand

Shs Float

Target Price

52W Range

5.17-8.27

52W High

-0.88%

52W Low

+58.6%

RSI

Rel Volume

6.29

Avg Volume

55.49M

Volume

348.77M

Perf Week

24.49%

Perf Month

21.44%

Perf Quarter

39.86%

Perf Half Y

36.49%

Beta

0.451

Volatility

0.51%, 0.35%

Prev Close

9.08%

Price

7.93

Change

20.33%

601998.SS Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	3.83	3.98	4.18	4.31	7.77
Net income per share	0.98	1	1.14	1.27	1.37
Operating cash flow per share	2.39	3.21	-1.54	3.99	1.64
Free cash flow per share	2.31	3.11	-1.63	3.85	1.37
Cash per share	16.26	15.19	14.24	15.95	-8.5
Book value per share	10.57	11.13	12.8	13.6	13.01
Tangible book value per share	122.47	137.03	142.88	152.98	13.24
Share holders equity per share	10.57	11.13	12.8	13.6	13.01
Interest debt per share	57.64	61.44	71.19	72.72	57.61
Market cap	301.93B	250.06B	226.08B	243.7B	259.03B
Enterprise value	259.77B	308.06B	575.63B	519.55B	2310.55B
P/E ratio	6.29	5.11	4.06	3.92	3.87
Price to sales ratio	1.61	1.28	1.11	1.16	0.68
POCF ratio	2.58	1.59	-3	1.25	3.22
PFCF ratio	2.67	1.64	-2.83	1.29	3.87
P/B Ratio	0.58	0.46	0.36	0.37	0.41
PTB ratio	0.58	0.46	0.36	0.37	0.41
EV to sales	1.39	1.58	2.82	2.46	6.07
Enterprise value over EBITDA	4.18	4.8	8	2.17	-28.88M
EV to operating cash flow	2.22	1.96	-7.63	2.66	28.72
EV to free cash flow	2.3	2.02	-7.21	2.76	34.52
Earnings yield	0.16	0.2	0.25	0.25	0.26
Free cash flow yield	0.37	0.61	-0.35	0.77	0.26
Debt to equity	5.18	5.25	5.31	5.1	4.38
Debt to assets	0.4	0.38	0.41	0.4	0.31
Net debt to EBITDA	-0.68	0.9	4.86	1.15	-25.64M
Current ratio	0.2	0.17	0.15	0.16	0.29
Interest coverage	0.39	0.39	0.41	1.45	0.03
Income quality	2.39	3.17	-1.34	3.1	1.29
Dividend Yield	0.12	0.15	0.19	0.19	0.08
Payout ratio	0.75	0.76	0.76	0.75	0.32
Sales general and administrative to revenue	0.28	0.27	0.29	0.31	0.17
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	-0.03	-0.03	0.06	-0.03	-0.17
Capex to revenue	-0.02	-0.02	-0.02	-0.03	-0.04
Capex to depreciation	-0.61	-0.68	-0.63	-1.64	-1.66
Stock based compensation to revenue	0	0	0	0	0
Graham number	15.28	15.83	18.1	19.71	20.02
ROIC	0.02	0.01	0.01	0.05	0
Return on tangible assets	0.01	0.01	0.01	0.01	0.01
Graham Net	0.86	-1.19	-7.14	-5.64	-180
Working capital	3154.14B	3643.41B	3954.9B	3957.84B	3625.68B
Tangible asset value	5992.99B	6705.62B	6991.88B	7485.84B	648.34B
Net current asset value	42.16B	-58B	-349.55B	-275.86B	6911.05B
Invested capital	5.18	5.25	5.31	5.1	4.38
Average receivables	0	0	0	0	0
Average payables	3.78B	7.24B	6.14B	9.24B	12.96B
Average inventory	0	0	0	0	0
Days sales outstanding	0	0	0	0	0
Days payables outstanding	0	0	0	0	12.34
Days of inventory on hand	0	0	0	0	0
Receivables turnover	0	0	0	0	0
Payables turnover	0	0	0	0	29.59
Inventory turnover	0	0	0	0	0
ROE	0.09	0.09	0.09	0.09	0.11
Capex per share	-0.08	-0.09	-0.09	-0.14	-0.28

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric	2022-12-31	2023-03-31	2023-06-30	2023-09-30	2023-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	1.04	1.05	1.12	1.02	1.01
Net income per share	0.31	0.39	0.35	0.31	0.32
Operating cash flow per share	3.89	-0.26	-2.25	2.42	0.07
Free cash flow per share	3.79	-0.29	-2.31	2.35	-0.05
Cash per share	15.95	16.02	15.03	14.76	15.25
Book value per share	13.6	14	14.1	14.35	14.65
Tangible book value per share	152.98	159.03	158.65	161.21	163.04
Share holders equity per share	13.6	14	14.1	14.35	14.65
Interest debt per share	70.23	24.95	65.4	28.99	22.6
Market cap	243.7B	265.72B	292.82B	280.09B	259.03B
Enterprise value	519.55B	481.03B	616.36B	580.04B	574.65B
P/E ratio	4.06	3.47	4.33	4.56	4.16
Price to sales ratio	4.8	5.19	5.36	5.61	5.23
POCF ratio	1.28	-20.87	-2.66	2.36	73.11
PFCF ratio	1.32	-19.04	-2.59	2.43	-103.82
P/B Ratio	0.37	0.39	0.42	0.4	0.36
PTB ratio	0.37	0.39	0.42	0.4	0.36
EV to sales	10.23	9.4	11.29	11.63	11.61
Enterprise value over EBITDA	8.93	7.44	31.58	34.97	40.32
EV to operating cash flow	2.73	-37.78	-5.59	4.89	162.19
EV to free cash flow	2.8	-34.47	-5.45	5.04	-230.32
Earnings yield	0.06	0.07	0.06	0.05	0.06
Free cash flow yield	0.76	-0.05	-0.39	0.41	-0.01
Debt to equity	5.1	1.72	4.58	1.96	1.48
Debt to assets	0.4	0.13	0.36	0.15	0.12
Net debt to EBITDA	4.74	3.33	16.58	18.08	22.15
Current ratio	0.16	2.97	0.15	1.63	0
Interest coverage	1.41	1.52	0.45	0.38	-1.32
Income quality	12.68	-0.67	-6.52	7.72	-0.07
Dividend Yield	0.04	0.02	0.02	0.09	0.03
Payout ratio	0.6	0.31	0.42	1.58	0.56
Sales general and administrative to revenue	0.46	0.28	0.25	0.3	0.48
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	-0.03	0.1	0.03	-0.03	-1.7
Capex to revenue	-0.1	-0.02	-0.05	-0.07	-0.12
Capex to depreciation	-2.54	-0.63	-1.45	-1.63	0
Stock based compensation to revenue	0	0	0	0	0
Graham number	9.68	11.1	10.47	10.07	10.24
ROIC	0.01	0.03	0	0.01	-0.03
Return on tangible assets	0	0	0	0	0
Graham Net	-5.64	-4.4	-6.61	-6.13	-6.45
Working capital	3957.84B	519.82B	4059.69B	278.41B	746.93B
Tangible asset value	7485.84B	7782.21B	7768.59B	7894.05B	7983.58B
Net current asset value	-275.86B	-215.31B	-323.54B	-299.95B	-315.62B
Invested capital	5.1	1.72	4.58	1.96	1.48
Average receivables	0	0	0	0	0
Average payables	6.57B	6.57B	7.23B	7.23B	0
Average inventory	0	0	0	0	0
Days sales outstanding	0	0	0	0	0
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	0	0	0	0	0
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0.02	0.03	0.02	0.02	0.02
Capex per share	-0.1	-0.02	-0.06	-0.07	-0.12

601998.SS Dividend History

601998.SS Frequently Asked Questions

What is China CITIC Bank Corporation Limited stock symbol ?

China CITIC Bank Corporation Limited is a CN stock and trading under the symbol 601998.SS

What is China CITIC Bank Corporation Limited stock quote today ?

China CITIC Bank Corporation Limited stock price is $7.93 today.

Is China CITIC Bank Corporation Limited stock public?

Yes, China CITIC Bank Corporation Limited is a publicly traded company.

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Company Profile

Volume Average 55.49M
Market Capitalization 306.68B
Employee 66.89K
CEO Mr. Heying Fang
Headquarters Beijing,CN
IPO Date 2007-04-27
Website https://www.citicbank.com

China CITIC Bank Corporation Limited provides various banking products and services in the People's Republic of China and internationally. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. It accepts deposits; offers corporate and personal loans; and provides securities agency, remittance and settlement, and guarantee services, as well as investment banking and international services. The company also engages in the capital markets operations and inter-bank operations, including inter-bank money market transactions, repurchase transactions, investments, and trading in debt instruments; and derivatives and forex trading. In addition, it offers asset management, finance leasing, and other non-banking financial services. The company serves corporations, government agencies, and non-financial institutions; and individual customers and micro and small enterprises. As of December 31, 2021, it operated 1,415 outlets, including 37 tier-one branches, 126 tier-two branches, and 1,252 sub-branches; 1,569 self-service banks; and 5,398 self-service terminals, as well as 9,078 smart teller machines. The company was founded in 1987 and is headquartered in Beijing, the People's Republic of China. China CITIC Bank Corporation Limited is a subsidiary of CITIC Corporation Limited.