Want to see HK:0998 full AI Analyst Report?
Top Page
China CITIC Bank
(0998)
Select Model
Select Model
Rating:69Neutral
Price Target:
HK$9.00
â–²(8.17% Upside)
Action:Reiterated
Date:08/28/26
Overall score is supported primarily by attractive valuation (low P/E and strong dividend yield) and a positive technical trend (price above key moving averages with positive MACD). The main constraint is financial quality: while profitability is solid, higher recent leverage and volatile cash-flow/cash conversion reduce the financial performance score.
Positive Factors
Improving Profitability
Rising margins and net income indicate that the bank is sustaining solid profitability despite limited revenue growth. This provides internal capacity to absorb credit costs, invest in operations, and support capital generation over the medium term.
Negative Factors
Weak Revenue Growth
Declining revenue indicates that earnings improvement is not being supported by expanding top-line activity. Continued weak loan demand, pricing pressure, or subdued fee generation could limit operating leverage and make future profit growth harder to sustain.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving Profitability
Rising margins and net income indicate that the bank is sustaining solid profitability despite limited revenue growth. This provides internal capacity to absorb credit costs, invest in operations, and support capital generation over the medium term.
Read all positive factors
China CITIC Bank (0998) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$551.08B
Dividend Yield5.05%
Average Volume (3M)21.37M
Price to Earnings (P/E)7.0
Beta (1Y)0.49
Revenue Growth-3.15%
EPS Growth1.80%
CountryHK
Employees67,674
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)1.20
Shares Outstanding14,882,163,000
10 Day Avg. Volume32,144,347
30 Day Avg. Volume21,372,109
Financial Highlights & Ratios
PEG Ratio-1.61
Price to Book (P/B)0.46
Price to Sales (P/S)1.00
P/FCF Ratio5.12
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$9.48Price Target Upside13.98% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)1.26
Revenue Forecast (FY)HK$219.54B
China CITIC Bank Business Overview & Revenue Model
Company Description
Operating both within the People's Republic of China and globally, China CITIC Bank Corporation Limited delivers a comprehensive suite of banking solutions. Its operations are strategically structured into Corporate Banking, Personal Banking, and ...
How the Company Makes Money
China CITIC Bank primarily earns money through a combination of interest-based income and fee-based income, supplemented by gains or income from financial markets activities. (1) Net interest income: The bank collects interest on loans and other i...
China CITIC Bank Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
58
Neutral
Cash Flow
46
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 347.68B | 347.02B | 375.89B | 379.30B | 373.76B | 362.59B |
| Gross Profit | 159.52B | 160.82B | 212.78B | 205.15B | 210.80B | 204.32B |
| EBITDA | 84.57B | 87.30B | 85.97B | 79.78B | 77.56B | 69.00B |
| Net Income | 71.23B | 68.79B | 68.58B | 67.02B | 62.10B | 55.64B |
Balance Sheet | ||||||
| Total Assets | 10.38T | 10.14T | 9.53T | 9.05T | 8.55T | 8.04T |
| Cash, Cash Equivalents and Short-Term Investments | 523.23B | 556.63B | 887.49B | 746.93B | 780.36B | 696.80B |
| Total Debt | 3.08T | 3.07T | 260.20B | 1.06T | 1.06T | 1.05T |
| Total Liabilities | 9.58T | 9.36T | 8.73T | 8.32T | 7.86T | 7.40T |
| Stockholders Equity | 781.61B | 759.14B | 789.26B | 717.22B | 665.42B | 626.30B |
Cash Flow | ||||||
| Free Cash Flow | -115.81B | 67.55B | -199.81B | -14.44B | 188.27B | -79.88B |
| Operating Cash Flow | -90.16B | 104.39B | -181.03B | -918.00M | 195.07B | -75.39B |
| Investing Cash Flow | -120.32B | -308.08B | -29.53B | 1.89B | -115.87B | -206.79B |
| Financing Cash Flow | 363.23B | -59.79B | 220.80B | -63.10B | -32.54B | 219.92B |
China CITIC Bank Technical Analysis
Positive
8.32
Price Trends
7.60
Positive
7.62
Positive
7.35
Positive
Market Momentum
0.24
Negative
67.27
Neutral
66.73
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0998, the sentiment is Positive. The current price of 8.32 is above the 20-day moving average (MA) of 8.10, above the 50-day MA of 7.60, and above the 200-day MA of 7.35, indicating a bullish trend. The MACD of 0.24 indicates Negative momentum. The RSI at 67.27 is Neutral, neither overbought nor oversold. The STOCH value of 66.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0998.
China CITIC Bank Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$1.24T | 7.08 | 12.33% | 4.37% | -0.16% | 5.69% | |
71 Outperform | HK$546.61B | 13.24 | 11.60% | 6.71% | -8.24% | 3.38% | |
69 Neutral | HK$551.08B | 6.97 | 9.34% | 5.05% | -3.15% | 1.80% | |
68 Neutral | HK$683.71B | 7.45 | 8.44% | 4.90% | 1.86% | -7.09% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
60 Neutral | HK$181.00B | 5.73 | 4.66% | 5.73% | -4.88% | -9.64% | |
56 Neutral | HK$201.31B | 5.96 | 5.88% | 6.89% | -7.38% | -19.59% |
* Financial Sector Average
HK:0998
China CITIC Bank
8.46
1.58
22.96%
HK:2388
BOC Hong Kong (Holdings)
52.30
15.57
42.41%
HK:6818
China Everbright Bank Co
2.86
-0.52
-15.28%
HK:1988
China Minsheng Banking
3.47
-0.53
-13.32%
HK:3968
China Merchants Bank Co
51.95
6.05
13.18%
HK:1658
Postal Savings Bank of China Co., Ltd. Class H
5.42
-0.13
-2.43%
China CITIC Bank Corporate Events
China CITIC Bank outlines major continuing connected deals with CITIC Group
Aug 26, 2026
China CITIC Bank has entered into a series of three‑year framework agreements with its parent CITIC Group, covering asset transfers, comprehensive services, financial consulting and asset management, custody and account management, other fin...
China CITIC Bank Unveils 2026 Plan to Boost Corporate Value and Investor Returns
Aug 26, 2026
China CITIC Bank is a joint stock commercial bank in China that focuses on serving national strategies and the real economy, with substantial growth in assets, deposits and customer base placing it among the leading joint-stock banks by scale and ...
China CITIC Bank Declares Interim Dividend with Currency Option for 2026 Half-Year
Aug 26, 2026
China CITIC Bank Corporation Limited has declared an interim ordinary cash dividend of RMB 2.03 per 10 shares for the six months ended 30 June 2026, for the financial year ending 31 December 2026. The ex-dividend date is set for 2 November 2026, w...
China CITIC Bank Announces 2026 Interim Results and RMB11.3 Billion Dividend Plan
Aug 26, 2026
China CITIC Bank has released its interim results for the six months ended 30 June 2026, with financial information prepared under Hong Kong Listing Rules and reviewed by KPMG and the bank’s audit committee. The interim report and detailed r...
China CITIC Bank Secures Regulatory Nod for Lyu Tiangui as Executive Director
Aug 20, 2026
China CITIC Bank has received regulatory approval from the National Financial Regulatory Administration confirming the qualification of President Lyu Tiangui to serve as an executive director. The approval, effective 17 August 2026, formalizes his...
China CITIC Bank Sets Line-Up for Seventh Session Board and Key Committees
Aug 20, 2026
China CITIC Bank has disclosed the composition of the seventh session of its board of directors, naming Chairman Fang Heying, President Lyu Tiangui and other executive, non-executive and independent non-executive directors. The announcement unders...
China CITIC Bank Sets Board Meeting to Approve Interim Results and Consider Dividend
Aug 14, 2026
China CITIC Bank has scheduled a board meeting for 26 August 2026 to review and approve the interim financial results for the six months ended 30 June 2026. The board will also consider whether to recommend an interim dividend, a decision that cou...
China CITIC Bank Announces Orderly Resignation of Vice President He Jinsong
Jul 31, 2026
China CITIC Bank has announced that Vice President He Jinsong has tendered his resignation, effective 31 July 2026, citing a change in work arrangements and confirming he will not hold any positions at the bank or its subsidiaries going forward. T...
China CITIC Bank Confirms Regulatory Approval of New Vice President
Jul 28, 2026
China CITIC Bank has confirmed that its board-approved appointment of Shen Qiang as vice president has received regulatory clearance from the National Financial Regulatory Administration. Following this approval, Shen Qiang officially assumed the ...
China CITIC Bank Reshuffles Board Secretariat, Appoints Zhang Qing as Business Director
Jun 26, 2026
China CITIC Bank announced that board secretary Zhang Qing has resigned from her role due to work needs, effective 26 June 2026, and will continue to serve the bank in another capacity. During the transition period, Chairman Fang Heying will act a...
China CITIC Bank Takes 14.52% Stake in Yunnan Hongta Bank to Boost Industry-Chain Finance
Jun 26, 2026
China CITIC Bank has acquired 914.55 million shares of Yunnan Hongta Bank from Kunming Industrial Development and Investment, giving it a 14.52% equity stake and formal shareholder status in the regional lender. The transaction is intended to deep...
China CITIC Bank Shareholders Approve 2026 Investment Budget and Auditor Mandate
Jun 17, 2026
China CITIC Bank held its 2025 annual shareholders’ meeting on 17 June 2026 in Beijing, with both onsite and online voting compliant with PRC company law and the bank’s articles of association. A total of 533 shareholders and proxies, ...
China CITIC Bank Confirms NFRA Approval and Appointment of New President
Jun 15, 2026
China CITIC Bank has confirmed that the National Financial Regulatory Administration has approved the qualification of Lyu Tiangui to serve as its president. Following this regulatory green light, Lyu officially assumed the roles of president and ...
China CITIC Bank Raises RMB20 Billion via Undated Capital Bonds to Boost Tier-One Capital
Jun 12, 2026
China CITIC Bank has completed the issuance of its 2026 Undated Capital Bonds (Tranche 2, Bond Connect) in China’s national inter-bank bond market, following approvals from the National Financial Regulatory Administration and the People̵...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.