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CITIC Limited is currently in a long term uptrend where the price is trading 21.0% above its 200 day moving average.
From a valuation standpoint, the stock is 86.6% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.3.
Its net income has increased by 32.5% to $27B since the same quarter in the previous year.
Finally, its free cash flow fell by 32.6% to $37B since the same quarter in the previous year.
Based on the above factors, CITIC Limited gets an overall score of 3/5.
Exchange | HK |
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CurrencyCode | HKD |
ISIN | HK0267001375 |
Sector | Industrials |
Industry | Conglomerates |
PE Ratio | 4.42 |
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Target Price | 11.15 |
Dividend Yield | 6.5% |
Beta | 0.84 |
Market Cap | 266B |
CITIC Limited operates in financial services, advanced intelligent manufacturing, advanced materials, consumption, new consumption, and urbanisation businesses worldwide. The comprehensive financial services segment provides banking, securities, trust, insurance and asset management services. Its advanced intelligent manufacturing segment engages in manufacturing of heavy machineries, specialised robotics, aluminium wheels, aluminium casting parts, and other products. The advanced materials segment exploration, processing, trading of resources, and energy products, including iron ore, copper and crude oil, as well as manufacturing of special steels. Its new consumption segment includes motor, food and consumer products, telecommunication, publication services, and modern agriculture. The new-type urbanisation segment offers property development, sale and holding of properties, contracting and design, infrastructure, environmental, and commercial aviation services. The company also offers securities, trust, financial, publishing, and securities related services; and consumer finance, resources, energy conservation and environmental protection, engineering contracting; as well as real estate development and management; and Insurance and reinsurance services. The company was formerly known as CITIC Pacific Limited and changed its name to CITIC Limited in August 2014. CITIC Limited was incorporated in 1985 and is based in Central, Hong Kong. CITIC Limited operates as a subsidiary of CITIC Group Corporation.
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