CITIC Securities Co Ltd
SSE:600030

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CITIC Securities Co Ltd
SSE:600030
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Price: 29.5 CNY -2.29% Market Closed
Market Cap: 437.2B CNY
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+7%
5Y
+41%
10Y
+35%
Operating Income
+
3Y
+21%
5Y
+90%
10Y
+30%
Net Income
+
3Y
+24%
5Y
+89%
10Y
+29%

Earnings Waterfall
CITIC Securities Co Ltd

Revenue
73.5B CNY
Operating Expenses
-36.7B CNY
Operating Income
36.8B CNY
Other Expenses
-9.7B CNY
Net Income
27.1B CNY

Income Statement
CITIC Securities Co Ltd

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Income Statement
Currency: CNY
Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Revenue
695
N/A
730
+5%
816
+12%
918
+13%
1 008
+10%
990
-2%
814
-18%
700
-14%
516
-26%
554
+7%
918
+66%
1 325
+44%
2 705
+104%
3 753
+39%
5 991
+60%
8 861
+48%
15 460
+74%
22 950
+48%
32 927
+43%
35 390
+7%
33 678
-5%
27 954
-17%
19 797
-29%
17 463
-12%
17 200
-2%
20 441
+19%
23 856
+17%
24 459
+3%
23 297
-5%
21 583
-7%
30 220
+40%
29 604
-2%
29 560
0%
26 986
-9%
26 756
-1%
25 698
-4%
25 032
-3%
25 449
+2%
13 442
-47%
14 006
+4%
12 835
-8%
14 770
+15%
17 176
+16%
17 904
+4%
20 609
+15%
23 159
+12%
30 997
+34%
34 390
+11%
49 774
+45%
54 227
+9%
60 635
+12%
53 680
-11%
43 061
-20%
40 645
-6%
41 247
+1%
39 017
-5%
38 509
-1%
39 325
+2%
46 114
+17%
44 259
-4%
44 485
+1%
42 003
-6%
39 961
-5%
37 916
-5%
38 861
+2%
42 597
+10%
45 990
+8%
45 308
-1%
47 900
+6%
52 160
+9%
59 207
+14%
57 670
-3%
65 177
+13%
70 024
+7%
82 862
+18%
75 296
-9%
73 643
-2%
68 521
-7%
71 090
+4%
65 247
-8%
61 729
-5%
61 100
-1%
66 497
+9%
58 475
-12%
58 749
+0%
60 403
+3%
72 573
+20%
67 783
-7%
66 635
-2%
73 450
+10%
Gross Profit
Cost of Revenue
(145)
(145)
(139)
(148)
(166)
(170)
(166)
(150)
(120)
(118)
(123)
(122)
(163)
(182)
(278)
(429)
(1 530)
(1 832)
(3 386)
(3 506)
(3 824)
(3 610)
(2 873)
(2 745)
(2 107)
(2 263)
(2 883)
(2 903)
(3 375)
(3 259)
(3 386)
(3 361)
(3 038)
(2 969)
(2 211)
(2 125)
(2 103)
(2 089)
(2 149)
(2 182)
(1 371)
(1 454)
(1 061)
0
0
0
(1 799)
0
0
0
(4 621)
0
0
0
(3 331)
0
0
0
(3 708)
0
0
0
(2 868)
0
0
0
(3 493)
0
0
0
(5 052)
0
0
0
(6 377)
0
0
0
(6 002)
0
0
0
(6 545)
0
0
0
(8 795)
0
0
0
Gross Profit
551
N/A
586
+6%
678
+16%
770
+14%
842
+9%
820
-3%
648
-21%
549
-15%
395
-28%
436
+10%
795
+82%
1 204
+51%
2 544
+111%
3 573
+40%
5 713
+60%
8 434
+48%
13 930
+65%
21 117
+52%
29 540
+40%
31 883
+8%
29 854
-6%
24 344
-18%
16 923
-30%
14 718
-13%
15 093
+3%
18 179
+20%
20 973
+15%
21 557
+3%
19 923
-8%
18 324
-8%
26 833
+46%
26 243
-2%
26 522
+1%
24 017
-9%
24 545
+2%
23 573
-4%
22 928
-3%
23 359
+2%
11 293
-52%
11 824
+5%
11 464
-3%
13 316
+16%
16 115
+21%
0
N/A
0
N/A
0
N/A
29 198
N/A
0
N/A
0
N/A
0
N/A
56 013
N/A
0
N/A
0
N/A
0
N/A
37 916
N/A
0
N/A
0
N/A
0
N/A
42 406
N/A
0
N/A
0
N/A
0
N/A
37 093
N/A
0
N/A
0
N/A
0
N/A
42 497
N/A
0
N/A
0
N/A
0
N/A
54 155
N/A
0
N/A
0
N/A
0
N/A
76 485
N/A
0
N/A
0
N/A
0
N/A
65 088
N/A
0
N/A
0
N/A
0
N/A
59 952
N/A
0
N/A
0
N/A
0
N/A
63 778
N/A
0
N/A
0
N/A
0
N/A
Operating Income
Operating Expenses
(523)
(518)
(502)
(490)
(652)
(599)
(524)
(634)
(451)
(480)
(587)
(820)
(1 264)
(1 677)
(2 185)
(3 429)
(4 653)
(6 456)
(9 540)
(10 219)
(10 388)
(9 300)
(6 671)
(6 478)
(6 331)
(7 393)
(8 028)
(8 513)
(8 497)
(8 462)
(10 546)
(10 251)
(10 170)
(9 209)
(8 019)
(9 234)
(9 047)
(9 139)
(5 833)
(6 163)
(6 197)
(6 892)
(8 905)
(10 488)
(12 854)
(14 207)
(15 451)
(17 902)
(23 280)
(25 834)
(26 210)
(28 827)
(24 955)
(24 004)
(22 035)
(23 813)
(24 689)
(25 249)
(25 691)
(27 916)
(27 992)
(27 167)
(25 185)
(23 885)
(25 419)
(25 914)
(24 517)
(28 662)
(28 135)
(32 818)
(28 137)
(35 987)
(39 908)
(41 513)
(41 074)
(42 516)
(42 248)
(38 089)
(36 677)
(36 246)
(33 257)
(33 622)
(34 319)
(33 677)
(34 815)
(34 966)
(36 397)
(38 475)
(35 534)
(36 651)
Selling, General & Administrative
(530)
(495)
(502)
(497)
(516)
(526)
(523)
(531)
(497)
(537)
(587)
(772)
(1 209)
(1 583)
(2 180)
(3 278)
(4 525)
(6 330)
(9 531)
(10 065)
(10 207)
(9 063)
(6 658)
(6 040)
(5 949)
(7 063)
(8 016)
(8 539)
(8 467)
(8 432)
(10 535)
(10 219)
(10 143)
(9 183)
(8 013)
(7 708)
(7 521)
(7 611)
(5 820)
(6 120)
(5 952)
(6 647)
(8 391)
(9 743)
(12 192)
(13 727)
(14 793)
(17 236)
(20 704)
(22 131)
(22 608)
(22 335)
(19 505)
(18 176)
(17 153)
(17 561)
(16 872)
(17 365)
(16 735)
(17 142)
(18 002)
(18 067)
(16 991)
(18 152)
(18 042)
(18 080)
(17 458)
(21 280)
(23 018)
(26 951)
(20 345)
(28 099)
(29 024)
(27 834)
(27 047)
(28 365)
(28 494)
(28 376)
(27 513)
(30 245)
(29 918)
(29 979)
(27 940)
(28 185)
(28 580)
(28 311)
(28 866)
(31 886)
(32 323)
(34 751)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(465)
0
0
0
(644)
0
0
0
(598)
0
0
0
(787)
0
0
0
(883)
0
0
0
(759)
0
0
0
(1 432)
0
0
0
(1 503)
0
0
0
(1 656)
0
0
0
(1 666)
0
0
0
(1 565)
0
0
0
(1 731)
0
0
0
Other Operating Expenses
9
(23)
0
9
(135)
(73)
0
(102)
47
58
0
(49)
(56)
(95)
(6)
(149)
(126)
(124)
(9)
(154)
(181)
(238)
(13)
(439)
(384)
(332)
(12)
25
(31)
(29)
(11)
(33)
(26)
(27)
(7)
(1 525)
(1 526)
(1 527)
(12)
(43)
(245)
(246)
(49)
(745)
(662)
(479)
(14)
(666)
(2 578)
(3 705)
(3 004)
(6 493)
(5 450)
(5 828)
(4 096)
(6 251)
(7 816)
(7 883)
(8 074)
(10 774)
(9 989)
(9 099)
(7 436)
(5 732)
(7 376)
(7 833)
(5 628)
(7 380)
(5 115)
(5 865)
(6 289)
(7 886)
(10 883)
(13 678)
(12 371)
(14 151)
(13 753)
(9 713)
(7 498)
(6 001)
(3 339)
(3 644)
(4 814)
(5 492)
(6 235)
(6 655)
(5 799)
(6 588)
(3 211)
(1 900)
Operating Income
29
N/A
69
+138%
175
+154%
282
+61%
192
-32%
223
+16%
124
-44%
(83)
N/A
(55)
+34%
(43)
+22%
208
N/A
383
+84%
1 279
+234%
1 894
+48%
3 528
+86%
5 005
+42%
9 278
+85%
14 663
+58%
20 001
+36%
21 665
+8%
19 466
-10%
15 044
-23%
10 252
-32%
8 240
-20%
8 762
+6%
10 786
+23%
12 945
+20%
13 045
+1%
11 426
-12%
9 862
-14%
16 287
+65%
15 990
-2%
16 351
+2%
14 807
-9%
16 525
+12%
14 339
-13%
13 881
-3%
14 220
+2%
5 461
-62%
5 661
+4%
5 268
-7%
6 424
+22%
7 210
+12%
7 415
+3%
7 754
+5%
8 951
+15%
13 746
+54%
16 487
+20%
26 493
+61%
28 393
+7%
29 803
+5%
24 853
-17%
18 106
-27%
16 641
-8%
15 881
-5%
15 205
-4%
13 821
-9%
14 077
+2%
16 714
+19%
16 343
-2%
16 493
+1%
14 836
-10%
11 908
-20%
14 032
+18%
13 443
-4%
16 685
+24%
17 980
+8%
16 647
-7%
19 767
+19%
19 343
-2%
26 018
+35%
21 684
-17%
25 269
+17%
28 511
+13%
35 412
+24%
32 779
-7%
31 396
-4%
30 432
-3%
28 410
-7%
29 001
+2%
28 472
-2%
27 478
-3%
25 633
-7%
24 798
-3%
23 934
-3%
25 437
+6%
27 382
+8%
29 308
+7%
31 102
+6%
36 799
+18%
Pre-Tax Income
Interest Income Expense
99
114
128
127
143
146
282
288
262
292
193
0
0
0
0
0
0
0
9
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Non-Reccuring Items
0
0
113
0
0
0
(186)
0
0
0
22
0
0
0
(143)
0
0
0
(147)
0
0
0
(709)
0
0
0
315
0
0
0
(18)
0
0
0
(1 514)
0
0
0
(30)
0
0
0
(350)
0
0
0
(566)
0
0
0
(2 149)
0
0
0
(1 679)
(1)
28
137
(466)
131
106
(1)
127
115
158
187
(969)
161
191
200
(5 380)
257
(166)
(971)
(2 986)
(99)
(72)
515
400
49
222
744
481
619
1 098
878
1 125
784
1 043
1
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
3
0
0
0
3
0
0
0
52
0
0
0
1
0
0
0
(1)
0
0
0
2
0
0
0
2 178
0
0
0
(7)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
(4)
(5)
(3)
(3)
1
0
(5)
(8)
(6)
(7)
(44)
139
70
23
14
13
5
(3)
40
40
40
42
15
21
29
67
39
54
104
64
(1)
39
(17)
(12)
19
42
58
62
57
40
31
23
(15)
(12)
2 199
2 212
63
2 236
32
40
(360)
(352)
(416)
(420)
61
(113)
(80)
(25)
(75)
103
133
60
430
412
403
408
(16)
(18)
(22)
(19)
(168)
(162)
(216)
(216)
(532)
(548)
(321)
(282)
140
157
(47)
(53)
72
63
8
(29)
(88)
(7)
68
68
Pre-Tax Income
122
N/A
178
+46%
414
+133%
405
-2%
336
-17%
369
+10%
216
-41%
199
-8%
201
+1%
243
+21%
379
+56%
522
+38%
1 349
+158%
1 917
+42%
3 399
+77%
5 019
+48%
9 284
+85%
14 660
+58%
19 904
+36%
21 704
+9%
19 506
-10%
15 086
-23%
9 561
-37%
8 259
-14%
8 791
+6%
10 853
+23%
13 302
+23%
13 098
-2%
11 529
-12%
9 925
-14%
16 320
+64%
16 030
-2%
16 335
+2%
14 796
-9%
15 031
+2%
14 381
-4%
13 939
-3%
14 282
+2%
5 487
-62%
5 701
+4%
5 299
-7%
6 447
+22%
6 846
+6%
7 404
+8%
9 954
+34%
11 164
+12%
15 422
+38%
18 723
+21%
26 525
+42%
28 433
+7%
27 287
-4%
24 501
-10%
17 690
-28%
16 221
-8%
14 263
-12%
15 091
+6%
13 769
-9%
14 189
+3%
16 174
+14%
16 577
+2%
16 732
+1%
14 895
-11%
12 466
-16%
14 558
+17%
14 003
-4%
17 279
+23%
16 995
-2%
16 791
-1%
19 937
+19%
19 525
-2%
20 470
+5%
21 780
+6%
24 888
+14%
27 325
+10%
31 894
+17%
32 132
+1%
31 003
-4%
30 664
-1%
28 950
-6%
29 206
+1%
28 647
-2%
28 169
-2%
26 185
-7%
25 480
-3%
25 040
-2%
26 286
+5%
28 418
+8%
30 085
+6%
32 212
+7%
36 868
+14%
Net Income
Tax Provision
(19)
(17)
(48)
(57)
(65)
(62)
(42)
(33)
(20)
(24)
(50)
(71)
(232)
(354)
(813)
(1 164)
(2 526)
(3 996)
(6 358)
(6 793)
(5 817)
(4 568)
(1 511)
(1 253)
(1 574)
(2 098)
(3 214)
(3 102)
(2 720)
(2 345)
(4 184)
(4 158)
(4 271)
(3 942)
(2 427)
(2 273)
(2 070)
(2 101)
(1 180)
(1 254)
(1 129)
(1 333)
(1 538)
(1 672)
(2 422)
(2 830)
(3 560)
(4 348)
(6 255)
(6 921)
(6 927)
(6 291)
(4 577)
(3 905)
(3 281)
(3 467)
(3 098)
(3 221)
(4 196)
(4 233)
(4 114)
(3 573)
(2 589)
(3 123)
(3 286)
(4 233)
(4 346)
(4 276)
(4 732)
(4 617)
(4 954)
(5 144)
(5 998)
(6 626)
(7 889)
(8 051)
(7 982)
(7 756)
(6 781)
(6 826)
(6 338)
(6 131)
(5 646)
(5 409)
(5 270)
(5 364)
(5 829)
(5 895)
(6 459)
(7 814)
Income from Continuing Operations
106
162
365
349
271
307
173
165
180
219
330
452
1 118
1 563
2 586
3 853
6 755
10 662
13 546
14 909
13 689
10 518
8 050
7 007
7 217
8 755
10 088
9 996
8 809
7 580
12 136
11 872
12 064
10 854
12 604
12 108
11 869
12 181
4 307
4 447
4 170
5 114
5 308
5 731
7 530
8 332
11 861
14 374
20 270
21 512
20 360
18 210
13 113
12 315
10 981
11 623
10 670
10 968
11 977
12 344
12 618
11 322
9 876
11 436
10 718
13 047
12 648
12 514
15 204
14 907
15 517
16 636
18 890
20 700
24 005
24 081
23 022
22 908
22 169
22 380
22 310
22 039
20 539
20 071
19 769
20 922
22 589
24 189
25 754
29 054
Income to Minority Interest
0
0
0
0
(4)
(3)
(8)
(8)
(5)
(8)
70
65
(8)
(33)
(152)
(290)
(889)
(1 135)
(1 157)
(1 253)
(739)
(594)
(745)
(719)
(854)
(1 057)
(1 104)
(1 017)
(1 023)
(863)
(825)
(702)
(408)
(233)
(28)
(26)
(17)
(18)
(69)
(98)
(73)
(101)
(64)
(153)
(321)
(421)
(524)
(531)
(539)
(554)
(561)
(586)
(541)
(560)
(616)
(597)
(619)
(615)
(544)
(522)
(546)
(501)
(487)
(476)
(446)
(449)
(420)
(469)
(497)
(541)
(614)
(645)
(716)
(813)
(905)
(917)
(924)
(886)
(851)
(874)
(883)
(875)
(819)
(809)
(785)
(816)
(886)
(899)
(901)
(990)
Net Income (Common)
106
N/A
162
+53%
365
+125%
349
-4%
267
-23%
304
+14%
166
-45%
157
-5%
175
+11%
211
+21%
400
+90%
517
+29%
1 110
+115%
1 531
+38%
2 435
+59%
3 564
+46%
5 867
+65%
9 527
+62%
12 389
+30%
13 657
+10%
12 951
-5%
9 924
-23%
7 305
-26%
6 287
-14%
6 361
+1%
7 697
+21%
8 984
+17%
8 978
0%
7 786
-13%
6 717
-14%
11 311
+68%
11 170
-1%
11 656
+4%
10 621
-9%
12 576
+18%
12 082
-4%
11 851
-2%
12 163
+3%
4 237
-65%
4 349
+3%
4 098
-6%
5 013
+22%
5 244
+5%
5 578
+6%
7 209
+29%
7 911
+10%
11 337
+43%
13 843
+22%
19 731
+43%
20 958
+6%
19 800
-6%
17 624
-11%
12 572
-29%
11 755
-6%
10 365
-12%
11 025
+6%
10 050
-9%
10 352
+3%
11 433
+10%
11 823
+3%
12 072
+2%
10 820
-10%
9 390
-13%
10 957
+17%
10 270
-6%
12 598
+23%
12 229
-3%
12 047
-1%
14 709
+22%
14 367
-2%
14 902
+4%
15 992
+7%
18 175
+14%
19 823
+9%
22 942
+16%
23 006
+0%
21 697
-6%
21 812
+1%
20 820
-5%
20 927
+1%
20 924
0%
20 376
-3%
19 195
-6%
18 399
-4%
18 333
0%
19 344
+6%
20 898
+8%
22 584
+8%
23 917
+6%
27 123
+13%
EPS (Diluted)
0.01
N/A
0.02
+100%
0.05
+150%
0.05
N/A
0.04
-20%
0.05
+25%
0.02
-60%
0.03
+50%
0.03
N/A
0.03
N/A
0.05
+67%
0.07
+40%
0.12
+71%
0.17
+42%
0.3
+76%
0.4
+33%
0.64
+60%
1.02
+59%
1.34
+31%
1.37
+2%
1.28
-7%
0.99
-23%
0.73
-26%
0.63
-14%
0.63
N/A
0.77
+22%
0.9
+17%
0.9
N/A
0.78
-13%
0.67
-14%
1.14
+70%
1.12
-2%
1.17
+4%
1.07
-9%
1.23
+15%
1.09
-11%
1.06
-3%
1.1
+4%
0.38
-65%
0.4
+5%
0.37
-8%
0.45
+22%
0.48
+7%
0.5
+4%
0.65
+30%
0.72
+11%
1.03
+43%
1.26
+22%
1.79
+42%
1.6
-11%
1.71
+7%
1.45
-15%
1.03
-29%
0.98
-5%
0.86
-12%
0.91
+6%
0.83
-9%
0.82
-1%
0.94
+15%
0.97
+3%
0.99
+2%
0.86
-13%
0.77
-10%
0.9
+17%
0.84
-7%
1.04
+24%
1.01
-3%
0.94
-7%
1.15
+22%
1.13
-2%
1.16
+3%
1.24
+7%
1.32
+6%
1.44
+9%
1.68
+17%
1.58
-6%
1.49
-6%
1.47
-1%
1.42
-3%
1.43
+1%
1.42
-1%
1.36
-4%
1.3
-4%
1.29
-1%
1.19
-8%
1.3
+9%
1.41
+8%
1.51
+7%
1.61
+7%
1.83
+14%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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