Craft

CITIC

Stock Price

$7.2

2023-09-29

Market Capitalization

$209.5 B

2023-09-29

Revenue

$771.1 B

FY, 2022

CITIC Summary

Company Summary

Overview
CITIC (中國中信股份有限公司) is a conglomerate focusing on financial services, resources and energy, manufacturing, engineering contracting, and real estate. It operates through five business segments: Comprehensive Financial Services, Advanced Intelligent Manufacturing, Advanced Materials, New Consumption, and New-Type Urbanization. The Comprehensive Financial Services segment provides banking, asset management, insurance, and other services. The Advanced Intelligent Manufacturing business specializes in integration of digital technology as well as the production of aluminum automotive wheels and mining and cement equipment. The Advanced Materials segment provides supply chain management services, including the manufacture and distribution of specialty new and specialty raw materials. The New Consumption business offers solutions for telecommunications, agriculture, etc. The New-Type Urbanization segment is engaged in the building of smart cities.
Type
Public
Status
Active
Founded
1990
HQ
Hong Kong, HK | view all locations
Website
https://www.citic.com/en/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Zhu Hexin

    Zhu Hexin, Chairman

    • Xi Guohua, Vice Chairman and President

      • Xu Zuo, Vice President and Member of the Executive Committee

        • Fang Heying, Vice President and Member of the Executive Committee

          Operating MetricsView all

          Assets Under Management

          ¥1.6T
          4.7%

          FY, 2019

          Mobile Banking Users

          36.7M
          34.3%

          FY, 2018

          Mobile Banking Transactions

          186M
          45.3%

          FY, 2018

          LocationsView all

          2 locations detected

          • Hong Kong, Hong Kong Island HQ

            Hong Kong

            32nd Floor, CITIC Tower 1 Tim Mei Avenue

          • Beijing, Beijing Shi

            China

            CITIC Tower, Guanghualu

          CITIC Financials

          Summary Financials

          Revenue (FY, 2022)
          $771.1B
          Gross profit (FY, 2022)
          $357.7B
          Net income (FY, 2022)
          $123.0B
          Cash (FY, 2022)
          $757.9B
          Enterprise value
          $1.1T

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