Earnings Alerts

Citic Securities (A) (600030) Earnings: FY Net Income Falls Short of Estimates at 21.70 Billion Yuan

  • Citic Securities reported a full-year net income of 21.70 billion yuan.
  • The reported net income fell short of the estimated 22.02 billion yuan.
  • A final dividend of 28 RMB cents per share was announced.
  • Analyst ratings for Citic Securities include 11 buys and 4 holds.
  • No analysts currently recommend selling the stock.

A look at Citic Securities (A) Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.8

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

Based on the Smartkarma Smart Scores, Citic Securities (A) has a promising outlook for the long term. With solid scores in Value, Dividend, and Growth factors, the company demonstrates strength in these areas. This suggests that Citic Securities (A) is a sound investment choice for those seeking steady returns and growth potential. Furthermore, the high Momentum score indicates strong market performance and investor interest in the company. However, the lower Resilience score implies some vulnerability to economic fluctuations that investors should consider.

Citic Securities Co., Ltd. offers a range of securities services, including brokerage, trading, underwriting, investment banking, asset management, and investment consulting. With a focus on providing comprehensive services to its clients, Citic Securities (A) aims to be a prominent player in the financial services industry. Investors should keep an eye on the company’s performance in the coming years, considering its overall positive outlook based on the Smartkarma Smart Scores.


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.
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