- Citic Securities reported a preliminary net income of 21.70 billion yuan for the full year.
- This preliminary net income figure matched analysts’ estimates closely, with the estimate being 21.52 billion yuan.
- The net income represents a 10.1% increase compared to the previous year.
- Analyst recommendations for Citic Securities include 11 buy ratings, 4 hold ratings, and no sell ratings.
A look at Citic Securities (A) Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
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
According to Smartkarma’s Smart Scores, Citic Securities (A) receives favorable ratings across several key factors for its long-term outlook. With strong scores in Value, Dividend, Growth, and Momentum, the company is positioned well for potential growth and returns. However, its Resilience score lags behind, suggesting some vulnerability to external economic factors.
Despite this, Citic Securities (A) remains a prominent player in the securities industry, offering a range of services including securities brokerage, trading, underwriting, investment banking, asset management, and investment consulting. With a solid foundation and positive outlook on multiple fronts, the company is poised to continue its growth trajectory 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
