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MarketScreener Homepage  >  Equities  >  Shanghai Stock Exchange  >  China CITIC Bank Corporation Limited    601998   CNE1000000R4

CHINA CITIC BANK CORPORATION LIMITED

(601998)
  Report
End-of-day quote. End-of-day quote Shanghai Stock Exchange - 11/26
5.26 CNY   +1.35%
11/30Tianqi Lithium gets 1-month reprieve on $1.9 bln loan repayment
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11/30Tianqi Lithium gets 1-month reprieve on $1.9 bln loan repayment
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11/20CHINA CITIC BANK : 2020 Third Quarter
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SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

China Citic Bank's First-Half Net Profit Fell 9.8%

08/27/2020 | 05:05am EST

By Martin Mou

China Citic Bank Corp. said Thursday that its first-half net profit fell 9.8% from a year earlier, mainly weighed by a jump in credit losses.

Net profit declined to 25.54 billion yuan ($3.71 billion), while revenue grew 9.5% to CNY102.01 billion, the Chinese lender said.

The bank's net interest income rose 5.6% to CNY64.94 billion, and income from mostly fees and commissions increased 17% to CNY37.08 billion.

China Citic Bank's nonperforming loan ratio edged higher to 1.83% as of the end of June, up 0.3 percentage point from the end of the first quarter.

The bank didn't specify the impact of the coronavirus pandemic on its performance.

 

Write to Martin Mou at martin.mou@wsj.com

 

Stocks mentioned in the article
ChangeLast1st jan.
CHINA CITIC BANK CORPORATION LIMITED 1.50% 3.38 End-of-day quote.-27.62%
CHINA CITIC BANK CORPORATION LIMITED 1.35% 5.26 End-of-day quote.-14.75%
CITIC LIMITED -0.97% 6.15 End-of-day quote.-40.98%
CITIC SECURITIES COMPANY LIMITED 0.27% 29.3 End-of-day quote.15.81%
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) -0.25% 6.56223 Delayed Quote.-5.62%
All news about CHINA CITIC BANK CORPORATION LIMITED
11/30Tianqi Lithium gets 1-month reprieve on $1.9 bln loan repayment
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11/30Tianqi Lithium gets 1-month reprieve on $1.9 bln loan repayment
RE
11/20CHINA CITIC BANK : 2020 Third Quarter
PU
11/13Tianqi Lithium says no cash flow improvement as debt clock ticks
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10/27CHINA CITIC BANK CORPORATION LIMITED : quaterly earnings release
10/07HK stocks rise ahead of Ant Group IPO, defy U.S. stimulus gloom
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09/29Tianqi Lithium warns of $1.9 billion default as loan date looms
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09/22CHINA CITIC BANK : 2020 Interim
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09/22CHINA CITIC BANK : Announcement resignation of vice president
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09/14CHINA CITIC BANK : Proxy Form for the Second Extraordinary General Meeting of 20..
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More news
Financials
Sales 2020 199 B 30 244 M 30 244 M
Net income 2020 44 554 M 6 782 M 6 782 M
Net Debt 2020 - - -
P/E ratio 2020 3,26x
Yield 2020 7,38%
Capitalization 221 B 33 560 M 33 600 M
Capi. / Sales 2020 1,11x
Capi. / Sales 2021 1,04x
Nbr of Employees 53 703
Free-Float 23,6%
Chart CHINA CITIC BANK CORPORATION LIMITED
Duration : Period :
China CITIC Bank Corporation Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CHINA CITIC BANK CORPORATION LIMITED
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 3,89 CNY
Last Close Price 2,84 CNY
Spread / Highest target 80,7%
Spread / Average Target 36,8%
Spread / Lowest Target -10,6%
EPS Revisions
Managers
NameTitle
He Ying Fang President, GM, CFO & Executive Director
Qing Ping Li Chairman
Cheng Liu Chairman-Supervisory Board
Gang Li Member-Supervisory Board & GM-Audit
Guo Qiang Cao Non-Executive Director
Sector and Competitors