CHINA INTERNATIONAL CAPITAL CORPORATION LIMITED

Income Statement China International Capital Corporation Limited

Equities

3908

CNE100002359

Investment Banking & Brokerage Services

Market Closed - Hong Kong S.E. Other stock markets 03:08:38 2025-01-16 am EST			5-day change	1st Jan Change
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04:52am	CICC Gets Clearance to Operate in Dubai Financial Center	MT
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Published financial data: CHINA INTERNATIONAL CAPITAL CORPORATION LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Interest and Dividend Income, Total	11.76B	18.8B	21.98B	18.76B	19.96B
Interest Expense, Total	5.9B	6.71B	8.27B	9.18B	10.74B
Net Interest Income	5.86B	12.09B	13.71B	9.58B	9.22B
Brokerage Commission	10.73B	15.61B	19.48B	18.06B	13.83B
Other Revenues, Total	-	-	-	-	-
Revenues Before Provison For Loan Losses	16.6B	27.7B	33.19B	27.65B	23.05B
Total Revenues	16.6B	27.7B	33.19B	27.65B	23.05B
Salaries And Other Employee Benefits	7.2B	10.78B	13.33B	11.93B	10.69B
Cost of Services Provided, Total	1.88B	2.73B	3.79B	3.37B	2.84B
Depreciation & Amortization - (IS) - (Collected)	913M	1B	1.18B	1.65B	1.77B
Provision for Bad Debts	207M	684M	-176M	-61.87M	10.19M
Other Operating Expenses	1.35B	1.33B	1.82B	2.06B	2.41B
Total Operating Expenses	11.56B	16.52B	19.94B	18.94B	17.71B
Operating Income	5.04B	11.19B	13.25B	8.71B	5.34B
Income (Loss) on Equity Invest.	60.4M	-32.79M	148M	-3.47M	34.57M
Currency Exchange Gains (Loss)	156M	-2.15B	-654M	392M	1.44B
EBT, Excl. Unusual Items	5.26B	9B	12.75B	9.1B	6.82B
Gain (Loss) on Sale of Investments	46.57M	-289M	232M	-40.11M	5.06M
Asset Writedown	-	-	-	-	-
EBT, Incl. Unusual Items	5.3B	8.71B	12.98B	9.06B	6.82B
Income Tax Expense	1.05B	1.45B	2.17B	1.46B	659M
Earnings From Continuing Operations	4.25B	7.26B	10.81B	7.59B	6.16B
Net Income to Company	4.25B	7.26B	10.81B	7.59B	6.16B
Minority Interest	-9.11M	-54.69M	-32.21M	2.63M	-7.51M
Net Income - (IS)	4.24B	7.21B	10.78B	7.6B	6.16B
Preferred Dividend and Other Adjustments	57M	103M	354M	552M	661M
Net Income to Common Incl Extra Items	4.18B	7.1B	10.42B	7.05B	5.5B
Net Income to Common Excl. Extra Items	4.18B	7.1B	10.42B	7.05B	5.5B
Per Share Items
Net EPS - Basic	0.99	1.6	2.16	1.46	1.14
Basic EPS - Continuing Operations	0.99	1.6	2.16	1.46	1.14
Basic Weighted Average Shares Outstanding	4.22B	4.45B	4.83B	4.83B	4.83B
Net EPS - Diluted	0.99	1.6	2.16	1.46	1.14
Diluted EPS - Continuing Operations	0.99	1.6	2.16	1.46	1.14
Diluted Weighted Average Shares Outstanding	4.22B	4.45B	4.83B	4.83B	4.83B
Normalized Basic EPS	0.78	1.25	1.64	1.18	0.88
Normalized Diluted EPS	0.78	1.25	1.64	1.18	0.88
Dividend Per Share	-	0.18	0.3	0.18	0.18
Payout Ratio	17.17	58.19	56.35	24.14	24.85
Supplemental Items
Total Revenues (As Reported)	22.78B	32.4B	40.96B	37.4B	35.45B
Effective Tax Rate - (Ratio)	19.88	16.65	16.71	16.13	9.66
Current Domestic Taxes	912M	1.96B	-	-	-
Total Current Taxes	912M	1.96B	2.11B	2.22B	1.03B
Total Deferred Taxes	142M	-510M	59.86M	-758M	-374M
Normalized Net Income	3.28B	5.57B	7.93B	5.69B	4.25B

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	23.96B	47.16B	66.14B	85.79B	72.14B
Cash & Securities Segregated	48.46B	60.95B	91.04B	83.02B	74.85B
Securities Purchased Under Agreements To Resell	14.3B	18.43B	25.86B	27.14B	19.92B
Accounts Receivable, Total	40.95B	77.17B	84.9B	73.18B	69.65B
Other Receivables	115M	212M	320M	217M	168M
Gross Property Plant And Equipment	5.84B	6.13B	7.7B	9.35B	12.83B
Accumulated Depreciation	-2.5B	-3.11B	-3.57B	-4.43B	-5.41B
Net Property Plant And Equipment	3.33B	3.02B	4.13B	4.92B	7.42B
Goodwill	1.58B	1.58B	1.62B	1.62B	1.62B
Other Intangibles, Total	285M	311M	433M	804M	1.09B
Investment In Debt and Equity Securities	32.71B	43.92B	51.79B	76.9B	76.08B
Trading Asset Securities, Total	169B	253B	307B	277B	286B
Other Current Assets, Total	231M	401M	928M	1.42B	1.04B
Deferred Tax Assets Long-Term (Collected)	1.09B	1.79B	1.63B	2.75B	2.88B
Other Long-Term Assets, Total	8.99B	13.47B	14.05B	14.03B	11.22B
Total Assets	345B	522B	650B	649B	624B
Liabilities
Accounts Payable, Total	96.52B	149B	236B	201B	178B
Accrued Expenses, Total	5.97B	9.5B	12.09B	9.79B	6.87B
Short-Term Borrowings	55.11B	76.78B	58.2B	73.56B	92.93B
Current Portion of Long-Term Debt	43.09B	57.4B	85.53B	125B	85.58B
Current Portion of Leases	488M	541M	726M	933M	945M
Long-Term Debt	57.6B	105B	126B	87.27B	107B
Long-Term Leases	972M	664M	1.28B	1.49B	3.48B
Current Income Taxes Payable	992M	916M	980M	1.2B	388M
Unearned Revenue, Current	339M	171M	413M	408M	411M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	34.22B	48.38B	43.11B	46.6B	42.19B
Unearned Revenue Non Current	147M	147M	147M	147M	147M
Pension & Other Post Retirement Benefits	636M	782M	662M	730M	897M
Deferred Tax Liability Non-Current	361M	507M	432M	719M	583M
Other Non Current Liabilities	-	-	200M	202M	202M
Total Liabilities	296B	450B	565B	549B	519B
Common Stock, Total	4.37B	4.83B	4.83B	4.83B	4.83B
Additional Paid In Capital	26.88B	39.53B	39.46B	39.47B	39.47B
Retained Earnings	15.72B	22.87B	32.39B	38.01B	42.64B
Comprehensive Income and Other	1.32B	4.41B	7.75B	16.88B	17.67B
Total Common Equity	48.29B	71.63B	84.42B	99.19B	105B
Minority Interest	238M	180M	309M	287M	294M
Total Equity	48.53B	71.82B	84.73B	99.47B	105B
Total Liabilities And Equity	345B	522B	650B	649B	624B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4.37B	4.83B	4.83B	4.83B	4.83B
ECS Total Common Shares Outstanding	4.37B	4.83B	4.83B	4.83B	4.83B
Book Value / Share	10.83	13.8	15.73	17.15	18.27
Tangible Book Value	46.43B	69.74B	82.37B	96.76B	102B
Tangible Book Value Per Share	10.4	13.41	15.3	16.65	17.71
Total Debt	157B	240B	271B	288B	290B
Net Debt	-98.44B	-140B	-218B	-185B	-163B
Equity Method Investments, Total	1.17B	1.19B	1.09B	1.02B	1.08B
Full Time Employees	8.03K	9.37K	13.56K	15.17K	15.23K

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	4.24B	7.21B	10.78B	7.6B	6.16B
Depreciation, Depletion & Amortization	823M	885M	1.03B	1.37B	1.51B
Amortization of Goodwill and Intangible Assets - (CF)	90.25M	116M	154M	271M	264M
Total Depreciation, Depletion & Amortization	913M	1B	1.18B	1.65B	1.77B
(Gain) Loss On Sale of Asset - (CF)	6.17M	-708K	4.62M	-4.43M	12.86M
(Gain) Loss on Sale of Investments - (CF)	2.39B	5.49B	-13.03B	72.01M	4.31B
Total Asset Writedown	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Provision and Write-off of Bad Debts	207M	684M	-176M	-61.87M	10.19M
Change in Trading Asset Securities	-39.79B	-62.28B	-50.02B	31B	-19.37B
Change in Accounts Receivable	-6.85B	-27.61B	-3.63B	6.59B	7.66B
Change in Accounts Payable	7.02B	23.06B	22.79B	-1.34B	-9.79B
Change in Other Net Operating Assets (Collected)	1.69B	13.88B	30.24B	8.05B	3.95B
Other Operating Activities	2.52B	4.84B	3.74B	4.42B	2.87B
Cash from Operations	-27.66B	-33.74B	1.87B	57.96B	-2.42B
Capital Expenditure	-490M	-460M	-1.06B	-1.59B	-1.46B
Sale of Property, Plant, and Equipment	1.75M	31.58M	-	5.47M	4.98M
Cash Acquisitions	25.25M	-	236M	-	-
Divestitures	-	-469M	-11.63M	18.29M	-
Investment in Marketable and Equity Securities, Total	5.91B	-7.98B	-8.1B	-23.72B	1.63B
Other Investing Activities, Total	1.01B	820M	1.61B	1.84B	1.9B
Cash from Investing	6.45B	-8.06B	-7.33B	-23.44B	2.08B
Short Term Debt Issued, Total	10.35B	10.53B	3.23B	79.24B	43.81B
Long-Term Debt Issued, Total	89.71B	138B	110B	25.98B	57.75B
Total Debt Issued	100B	149B	113B	105B	102B
Short Term Debt Repaid, Total	-5.82B	-10.77B	-6.27B	-79.91B	-46.55B
Long-Term Debt Repaid, Total	-70.68B	-80.68B	-78.42B	-40.35B	-61.46B
Total Debt Repaid	-76.5B	-91.45B	-84.69B	-120B	-108B
Issuance of Common Stock	2.29B	13.03B	3.5B	7.9B	-
Common Dividends Paid	-728M	-4.19B	-6.07B	-1.83B	-1.53B
Common & Preferred Stock Dividends Paid	-728M	-4.19B	-6.07B	-1.83B	-1.53B
Other Financing Activities, Total	-3.44B	-129M	-47.17M	-6.15B	-5.73B
Cash from Financing	21.68B	65.99B	25.52B	-15.13B	-13.71B
Foreign Exchange Rate Adjustments	671M	-626M	-1.53B	89.22M	304M
Net Change in Cash	1.14B	23.56B	18.53B	19.49B	-13.75B
Supplemental Items
Cash Interest Paid	5.29B	2.09B	2.26B	9.23B	10.89B
Cash Income Tax Paid (Refund)	680M	2.04B	2.02B	1.99B	1.85B
Net Debt Issued / Repaid	23.56B	57.28B	28.15B	-15.04B	-6.45B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	1.37	1.68	1.85	1.17	0.97
Return On Equity %	9.35	12.07	13.81	8.25	6.03
Return on Common Equity	9.24	11.85	13.36	7.67	5.39
Margin Analysis
Gross Profit Margin %	92.85	92.82	92.01	92.33	92.44
SG&A Margin	47.59	41.57	43.58	47.66	51.12
Income From Continuing Operations Margin %	25.59	26.21	32.57	27.47	26.74
Net Income Margin %	25.54	26.02	32.47	27.48	26.71
Net Avail. For Common Margin %	25.2	25.65	31.4	25.48	23.84
Normalized Net Income Margin	19.74	20.11	23.9	20.57	18.45
Asset Turnover
Asset Turnover	0.05	0.06	0.06	0.04	0.04
Short Term Liquidity
Current Ratio	1.25	1.33	1.32	1.19	1.29
Quick Ratio	1.25	1.33	1.32	1.19	1.28
Operating Cash Flow to Current Liabilities	-0.12	-0.1	0	0.13	-0.01
Long Term Solvency
Total Debt/Equity	324.03	334.2	320.42	289.83	276.34
Total Debt / Total Capital	76.42	76.97	76.21	74.35	73.43
LT Debt/Equity	120.68	146.61	149.94	89.23	105.26
Long-Term Debt / Total Capital	28.46	33.77	35.66	22.89	27.97
Total Liabilities / Total Assets	85.93	86.23	86.96	84.67	83.2
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	26.91	66.93	19.82	-16.71	-16.63
Gross Profit, 1 Yr. Growth %	26.22	66.87	18.77	-16.42	-16.52
Earnings From Cont. Operations, 1 Yr. Growth %	20.18	70.96	48.85	-29.74	-18.84
Net Income, 1 Yr. Growth %	21.38	70.04	49.54	-29.51	-18.97
Normalized Net Income, 1 Yr. Growth %	20.12	70.1	42.41	-28.31	-25.21
Diluted EPS Before Extra, 1 Yr. Growth %	19.39	61.38	35.09	-32.41	-21.99
Common Equity, 1 Yr. Growth %	14.48	48.33	17.85	17.49	5.46
Total Assets, 1 Yr. Growth %	25.25	51.21	24.57	-0.16	-3.77
Tangible Book Value, 1 Yr. Growth %	18.49	50.22	18.1	17.48	5.3
Cash From Operations, 1 Yr. Growth %	-350.16	21.99	-105.53	3K	-104.18
Capital Expenditures, 1 Yr. Growth %	9.55	-6.15	129.96	49.84	-7.96
Dividend Per Share, 1 Yr. Growth %	-	-	66.67	-40	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	17.59	45.55	41.42	-0.1	-16.67
Gross Profit, 2 Yr. CAGR %	17.4	45.13	40.78	-0.37	-16.47
Earnings From Cont. Operations, 2 Yr. CAGR %	22.92	43.34	59.52	2.27	-24.49
Net Income, 2 Yr. CAGR %	23.78	43.66	59.46	2.67	-24.42
Normalized Net Income, 2 Yr. CAGR %	21.87	42.94	55.64	1.04	-26.78
Diluted EPS Before Extra, 2 Yr. CAGR %	14.17	38.81	47.65	-4.44	-27.39
Common Equity, 2 Yr. CAGR %	14.7	30.31	32.22	17.67	11.31
Total Assets, 2 Yr. CAGR %	20.44	37.62	37.25	11.52	-1.98
Tangible Book Value, 2 Yr. CAGR %	17.34	33.42	33.2	17.79	11.22
Cash From Operations, 2 Yr. CAGR %	-4.75	74.69	-74.02	31.07	13.89
Capital Expenditures, 2 Yr. CAGR %	26.64	1.4	46.91	85.63	17.44
Dividend Per Share, 2 Yr. CAGR %	-	6.07	-	0	-22.54
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	30.05	32.16	36.41	18.55	-5.94
Gross Profit, 3 Yr. CAGR %	28.79	32	35.75	18.32	-6.07
Earnings From Cont. Operations, 3 Yr. CAGR %	32.16	37.21	45.15	21.37	-5.32
Net Income, 3 Yr. CAGR %	32.55	37.6	45.59	21.47	-5.12
Normalized Net Income, 3 Yr. CAGR %	31.44	36.2	42.76	20.2	-8.6
Diluted EPS Before Extra, 3 Yr. CAGR %	9.02	28.13	37.56	13.79	-10.69
Common Equity, 3 Yr. CAGR %	37.82	24.97	26.02	27.11	13.45
Total Assets, 3 Yr. CAGR %	50.13	29.93	33.13	23.43	6.17
Tangible Book Value, 3 Yr. CAGR %	36.02	27.41	28.1	27.74	13.47
Cash From Operations, 3 Yr. CAGR %	39.91	3.44	-44.72	27.97	-58.44
Capital Expenditures, 3 Yr. CAGR %	58.43	14.6	33.22	47.88	46.93
Dividend Per Share, 3 Yr. CAGR %	-	4	23.31	-	0
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	25.24	27	34.49	18.16	12
Gross Profit, 5 Yr. CAGR %	24.47	26.42	33.46	17.95	11.78
Earnings From Cont. Operations, 5 Yr. CAGR %	30.59	30.04	42.49	21.99	11.76
Net Income, 5 Yr. CAGR %	30.53	29.85	42.72	22.39	12.01
Normalized Net Income, 5 Yr. CAGR %	28.33	27.69	40.63	20.86	9.3
Diluted EPS Before Extra, 5 Yr. CAGR %	8.11	7.47	23.08	13.94	6.53
Common Equity, 5 Yr. CAGR %	43.3	34.23	35.55	22	19.92
Total Assets, 5 Yr. CAGR %	45.61	40.85	44.84	22.23	17.78
Tangible Book Value, 5 Yr. CAGR %	42.18	33.51	34.89	23.47	21.06
Cash From Operations, 5 Yr. CAGR %