CITIC Limited (CITIC) cash flow statement

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

In Q2 '26 CITIC Limited (CITIC) generated HK$451B of operating cash flow, invested HK$20.2B in capital expenditure and kept HK$431B of free cash flow. Over the last four quarters free cash flow was –.

Cash flow

Cash flow	Q4 '20	Q2 '21	Q4 '21	Q2 '22	Q4 '22	Q2 '23	Q4 '23	Q2 '24	Q4 '24	Q2 '25	Q4 '25	Q2 '26
Operating
Net income	HK$29.6B	HK$44.2B	HK$26B	HK$50.1B	HK$25.4B	HK$36.2B	HK$28.1B	HK$34.5B	HK$28.3B	HK$33.5B	HK$30.1B	HK$39B
Depreciation & amortization	HK$9.67B	HK$10.3B	HK$10.9B	HK$11.4B	HK$12.2B	HK$12.6B	HK$12.9B	HK$14.2B	HK$15.5B	HK$14.1B	HK$14.9B	HK$15.4B
Change in working capital	HK$138B	-HK$362B	HK$38.2B	-HK$234B	-HK$35.3B	-HK$115B	HK$70.2B	-HK$423B	-HK$150B	-HK$161B	HK$44.1B	HK$347B
Other non-cash items	HK$71.6B	HK$111B	HK$46B	HK$155B	HK$40.5B	HK$122B	-HK$301B	HK$307B	HK$61B	HK$46.1B	HK$43.7B	HK$49.4B
Operating cash flow	HK$229B	-HK$259B	HK$125B	-HK$141B	HK$54.1B	-HK$48.4B	-HK$190B	-HK$67.6B	-HK$44.8B	-HK$66.8B	HK$133B	HK$451B
Investing
Capital expenditure	-HK$13B	-HK$10.1B	-HK$14.4B	-HK$5.72B	-HK$17.9B	-HK$10.2B	-HK$16.1B	-HK$12.2B	-HK$18.9B	-HK$32.3B	-HK$27.9B	-HK$20.2B
Acquisitions	HK$6.89B	-HK$7.04B	HK$55.4B	HK$186B	HK$13.9B	HK$2.03B	HK$7.02B	-HK$8.6M	HK$12.5B	HK$4.73B	HK$7.21B	HK$42.9B
Purchases of investments	-HK$1.89T	-HK$2.16T	-HK$1.88T	-HK$1.62T	-HK$1.54T	-HK$1.44T	-HK$1.62T	-HK$1.83T	-HK$2.46T	-HK$3.39T	-HK$3.91T	-HK$4.65T
Sales / maturities of investments	HK$1.76T	HK$2.03T	HK$1.76T	HK$1.64T	HK$1.39T	HK$1.49T	HK$1.54T	HK$1.86T	HK$2.34T	HK$3.26T	HK$3.73T	HK$4.63T
Other investing	HK$1.51B	HK$0	HK$0	HK$0	-HK$130B	HK$39.9B	HK$0	HK$65.3B	HK$0	HK$0	HK$0	HK$0
Investing cash flow	-HK$131B	-HK$149B	-HK$75.8B	HK$205B	-HK$151B	HK$42.8B	-HK$87.1B	HK$53.1B	-HK$126B	-HK$152B	-HK$209B	-HK$205M
Financing
Net debt issued / repaid	HK$68.3B	HK$196B	HK$69.1B	-HK$41.3B	HK$165B	-HK$51.6B	HK$396B	HK$243B	HK$218B	HK$224B	HK$57.2B	-HK$271B
Share buybacks	HK$0	HK$0	-HK$3.16B	HK$0	-HK$3.3B	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Dividends	-HK$11.2B	HK$0	-HK$15.7B	HK$0	-HK$19.1B	HK$0	-HK$19B	HK$0	-HK$16.6B	HK$0	-HK$17.8B	HK$0
Other financing (incl. tax on vested shares)	-HK$11.7B	-HK$12.1B	-HK$68.3B	-HK$6.85B	-HK$21.5B	-HK$4.64B	-HK$24.9B	-HK$280B	-HK$25.1B	-HK$9.34B	-HK$19B	-HK$20B
Financing cash flow	HK$45.4B	HK$232B	-HK$7.6B	-HK$43B	HK$119B	-HK$56.3B	HK$352B	-HK$36.5B	HK$177B	HK$215B	HK$20.3B	-HK$291B
Summary
FX effect on cash	HK$0	HK$106B	-HK$14.2B	-HK$8.15B	HK$7.34B	HK$2.83B	-HK$44B	HK$75.4B	HK$91.7B	HK$118B	HK$101B	-HK$50.3B
Net change in cash	HK$46.1B	-HK$70B	HK$27.6B	HK$12.7B	HK$10.8B	-HK$85.7B	HK$30.6B	HK$24.3B	HK$97.9B	HK$114B	HK$45.1B	HK$110B
Free cash flow (OCF - capex)	HK$216B	-HK$269B	HK$111B	-HK$147B	HK$36.3B	-HK$58.6B	HK$104B	-HK$330B	-HK$63.7B	-HK$99.2B	HK$105B	HK$431B

Cash flow	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Operating
Net income	HK$32.8B	HK$43.9B	HK$50.2B	HK$53.9B	HK$56.6B	HK$70.2B	HK$75.5B	HK$123B	HK$63.1B	HK$63.7B
Depreciation & amortization	HK$12.3B	HK$14.2B	HK$15.1B	HK$21.8B	HK$19.8B	HK$21.2B	HK$23.5B	HK$25.5B	HK$30.2B	HK$29B
Change in working capital	HK$107B	-HK$202B	-HK$65.3B	-HK$30.6B	HK$162B	-HK$324B	-HK$270B	-HK$5.63B	-HK$288B	-HK$115B
Other non-cash items	HK$85.9B	HK$69.5B	HK$82.4B	HK$91B	HK$86B	HK$98.9B	HK$83.2B	-HK$387B	HK$82B	HK$88B
Operating cash flow	HK$238B	-HK$74.1B	HK$82.4B	HK$136B	HK$325B	-HK$134B	-HK$87.3B	-HK$244B	-HK$112B	HK$65.4B
Investing
Capital expenditure	-HK$21.8B	-HK$21.7B	-HK$16.4B	-HK$19.6B	-HK$20.9B	-HK$24.5B	-HK$23.6B	-HK$26.9B	-HK$31.1B	-HK$59.7B
Acquisitions	-HK$7.92B	-HK$11.3B	-HK$11B	HK$41.5B	HK$4.52B	HK$48.4B	HK$199B	-HK$1.57B	HK$50.5B	HK$11.8B
Purchases of investments	-HK$855B	-HK$1.37T	-HK$1.85T	-HK$2.52T	-HK$3.29T	-HK$4.04T	-HK$3.15T	-HK$3.12T	-HK$4.29T	-HK$7.23T
Sales / maturities of investments	HK$685B	HK$1.22T	HK$1.7T	HK$2.24T	HK$3.05T	HK$3.79T	HK$3.03T	HK$3.1T	HK$4.19T	HK$6.92T
Other investing	-HK$14.9B	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$7.02B	HK$0	HK$0
Investing cash flow	-HK$215B	-HK$190B	-HK$178B	-HK$257B	-HK$263B	-HK$225B	HK$54.2B	-HK$45.2B	-HK$72.4B	-HK$357B
Financing
Net debt issued / repaid	HK$169B	HK$109B	HK$141B	HK$103B	HK$62.6B	HK$232B	-HK$18.1B	HK$73.5B	HK$190B	HK$278B
Share buybacks	-HK$5.85B	HK$0	-HK$7.8B	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Dividends	-HK$8.73B	-HK$9.89B	-HK$11.6B	-HK$12.8B	-HK$11.2B	-HK$15.7B	-HK$18.6B	-HK$19B	-HK$16.6B	-HK$17.7B
Other financing (incl. tax on vested shares)	-HK$106B	HK$855M	-HK$46.9B	-HK$23B	-HK$16.1B	HK$7.51B	HK$113B	HK$248B	-HK$33.3B	-HK$28.1B
Financing cash flow	HK$180B	HK$102B	HK$97.4B	HK$67.4B	HK$35.3B	HK$224B	HK$75.9B	HK$302B	HK$140B	HK$233B
Summary
FX effect on cash	-HK$23B	HK$23.3B	-HK$21.8B	-HK$7.42B	-HK$117B	HK$92B	-HK$19.4B	-HK$68.2B	HK$167B	HK$219B
Net change in cash	HK$1.74B	HK$132B	HK$133B	-HK$41.7B	-HK$19.7B	-HK$42.4B	HK$23.5B	-HK$55.1B	HK$122B	HK$159B
Free cash flow (OCF - capex)	HK$216B	-HK$95.8B	HK$66B	HK$116B	HK$304B	-HK$158B	-HK$111B	-HK$271B	-HK$143B	HK$5.7B

Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in HKD.

Operating cash flow, capex, free cash flow

quarterly

Uses of cash vs operating cash flow

fiscal years

Share count and EPS

quarterly, diluted

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Balance sheetCash, investments, assets, debt, liabilities and equityOpen

Sources

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

Data as of 2026-11-02