CITIC Limited (CITIC) financials

HKSE · Industrials · Conglomerates · 193,011 employees · CEO Xi Guohua

Price: HK$12.25 -0.41%
Market cap: HK$356B
Enterprise value: HK$1.65T
Last report: Q2 '26 filed 2026-06-30
Next report: 2027-03-26

Revenue (TTM)–– vs a year agoLast 4 quarters; bars = each quarter

Operating margin (TTM)–– vs a year agoOperating income –

Net income (TTM)–– vs a year agoAfter tax, incl. non-operating gains

Free cash flow (TTM)–– vs a year agoCapex –

Diluted EPS (TTM)–– vs a year agoSum of the last 4 quarters

Net cash-HK$694B+73.1% vs a year agoCash + short-term investments - debt

Valuation & key figures

Market cap: HK$356B
Revenue: –
Revenue growth: +17%
Profit margin: –
P/E: 5.2×
P/S: 0.4×
EV / EBITDA: 8.5×
Free cash flow: –
Net income: –
Revenue estimate: HK$978B
Earnings: 2027-03-26
Dividend: HK$0.69

Key takeaways

Computed from the reported numbers - every statement carries the figure it rests on.

Revenue growth accelerating: 84.2% year on yearQ2 '26 revenue HK$466B, against an average of 0.3% over the four quarters before.
Diluted share count up 0.0% in a year29.1B diluted shares in Q2 '26, 29.1B a year earlier.
Net debt HK$694BCash + short-term investments HK$1.92T, debt incl. leases HK$2.62T; a year ago net debt HK$2.58T.

Last quarter: Q2 '26

Quarter ended 2026-06-30. Compared with the same quarter a year earlier and with the analyst consensus before the report.

Quarter vs a year ago

	Q2 '26	Year ago	Change
Revenue	HK$466B	HK$253B	+84.2%
Gross margin	45.8%	53.4%	-7.6 pp
Operating income	HK$96.7B	HK$120B	-19.1%
Operating margin	20.8%	47.3%	-26.5 pp
Net income	HK$38.5B	HK$17.1B	+125.0%
Diluted EPS	HK$1.32	HK$0.58	+127.6%
Operating cash flow	HK$451B	-HK$66.8B	+774.6%
Capex	HK$20.2B	HK$32.3B	-37.5%
Free cash flow	HK$431B	-HK$99.2B	+534.2%
R&D	HK$0	HK$0	–
Stock-based compensation	HK$0	HK$0	–

EPS vs consensus

last 8 reports

Revenue

Where the money comes from - by business line and by region, quarter by quarter.

Revenue, operating income and growth

quarterly

Margins & cost structure

How much of each unit of revenue is left at each level - and where the costs go.

Margins

quarterly

Costs as % of revenue

quarterly

Cash flow & capital allocation

Cash generated, what it is spent on, and what reaches shareholders.

Operating cash flow, capex, free cash flow

quarterly

Uses of cash vs operating cash flow

fiscal years

Last 4 quarters

cash flow statement

Free cash flow: –
Returned to shareholders / FCF: –

Share count and EPS

quarterly, diluted

Balance sheet

Liquidity, investments and debt at each quarter end.

Cash, investments and debt

quarter ends

Valuation & returns

Today's multiples against the company's own last five fiscal years; analyst targets and ratings.

Multiples and returns

TTM vs 5 fiscal years

	Now	5y average	Where today sits in the 5-year range
P/E (TTM)	5.2×	4.0×	3.2× – 5.5×
EV / EBITDA	8.5×	15.6×	9.8× – 19.8×
EV / Sales	1.8×	3.7×	2.8× – 4.7×
Price / FCF	0.7×	61.5× 1 of 5 years	61.5× – 61.5×
Price / Book	0.4×	0.3×	0.3× – 0.4×
FCF yield	150.3%	-57.6%	-119.3% – 1.6%
Return on invested capital	2.0%	2.3%	1.7% – 3.5%
Return on equity	8.2%	8.4%	7.2% – 10.0%

Outlook

Analyst consensus for the coming fiscal years and what it implies at today's price.

Consensus estimates

Fiscal year	Revenue	Growth	EPS	Growth	P/E at today's price	Analysts (EPS)
FY2026	HK$978B	+17.2%	HK$2.55	+16.6%	4.8×	4
FY2027	HK$1.01T	+3.5%	HK$2.69	+5.3%	4.6×	4
FY2028	HK$1.04T	+3.0%	HK$2.81	+4.6%	4.4×	2

Financial statements

Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.

Income statementRevenue, costs, operating income, net income and EPSOpen Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates: Financial Modeling Prep.

Data as of 2026-11-02