- China CITIC has announced its preliminary net income for the first half of 2025, which is estimated to be between 6.0 billion to 6.2 billion yuan.
- The preliminary net income represents an increase of approximately 12.5% to 16.3% compared to the previous period.
- The company made provisions totaling approximately 21.8 billion yuan for impairment losses on assets and unrealized losses on the fair value changes of major non-listed assets, including distressed debt assets.
- Analyst recommendations include 0 buy, 1 hold, and 0 sell.
A look at China Citic Bank Corp Ltd H Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
China CITIC Bank Corp Ltd H shows a promising long-term outlook based on the Smartkarma Smart Scores. With high scores in Value and Dividend, the company is considered strong in terms of its financial health and returns to shareholders. Additionally, its above-average scores in Growth and Momentum indicate a positive trajectory for future growth and market performance. While the Resilience score is slightly lower, overall, China CITIC Bank Corp Ltd H seems well-positioned for long-term success in the banking sector.
China CITIC Bank Corporation Limited is a banking institution that provides a range of financial services such as deposits, loans, currency trading, and more. Serving a diverse client base including individuals and enterprises, the company plays a vital role in the financial sector. The combination of high scores in Value and Dividend, along with positive indicators for Growth and Momentum, suggests that China CITIC Bank Corp Ltd H is set to continue its strong performance in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
