How have CHCJY shares performed in 2024?

China CITIC Bank's stock was trading at $9.22 on January 1st, 2024. Since then, CHCJY stock has increased by 16.2% and is now trading at $10.71. View the best growth stocks for 2024 here .

Are investors shorting China CITIC Bank?

China CITIC Bank saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 500 shares, an increase of 400.0% from the March 15th total of 100 shares. Based on an average daily volume of 800 shares, the short-interest ratio is currently 0.6 days. View China CITIC Bank's Short Interest .

How often does China CITIC Bank pay dividends? What is the dividend yield for China CITIC Bank?

China CITIC Bank announced a dividend on Saturday, June 17th. Shareholders of record on Monday, June 26th will be paid a dividend of $0.811 per share on Friday, August 4th. This represents a dividend yield of 7.74%. The ex-dividend date of this dividend is Friday, June 23rd. This is a boost from the stock's previous dividend of $0.80. Read our dividend analysis for CHCJY .

Is China CITIC Bank a good dividend stock?

China CITIC Bank (OTCMKTS:CHCJY) pays an annual dividend of $0.78 per share and currently has a dividend yield of 7.26%. CHCJY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 24.30%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for CHCJY .

How do I buy shares of China CITIC Bank?

Shares of CHCJY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does China CITIC Bank have any subsidiaries?

The following companies are subsidiares of China CITIC Bank: CITIC Financial Leasing Co. Ltd., CITIC International Financial Holdings Limited, CITIC Wealth Management Corporation Limited, CNCB (Hong Kong) Investment Limited, and Zhejiang Lin’an CITIC Rural Bank Corporation Limited. Read More

OTCMKTS:CHCJY

China CITIC Bank (CHCJY) Stock Price, News & Analysis

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$10.71

0.00 (0.00%)

(As of 04/19/2024 ET)

Compare

Today's Range: $10.71
▼
$10.71
50-Day Range: $10.29
▼
$10.76
52-Week Range: $8.56
▼
$10.99

Volume: N/A
Average Volume: 264 shs
Market Capitalization: $26.20 billion

P/E Ratio: 3.34
Dividend Yield: 7.28%
Price Target: N/A

Stock Analysis Chart Dividend Earnings Financials Headlines SEC Filings Short Interest

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About China CITIC Bank Stock (OTCMKTS:CHCJY)

China CITIC Bank Corporation Limited provides various banking products and services in the People's Republic of China and internationally. The company operates in segments, such as Corporate Banking, Retail Banking, and Financial Market business. It accepts deposits; offers corporate and personal loans; and provides securities agency, remittance and settlement, and guarantee services, as well as investment banking and international services. The company also engages in the capital markets operations and inter-bank operations, including inter-bank money market transactions, repurchase transactions, investments, and trading in debt instruments; and derivatives and forex trading. In addition, it offers asset management, finance leasing, wealth management, ageing finance, private banking, credit card, payroll, and other non-banking financial services. The company serves corporations, government agencies, and non-financial institutions; and individual customers and micro and small enterprises. The company operates tier-one branches, tier-two branches, and sub-branches; self-service banks; and self-service terminals, as well as smart teller machines. The company was founded in 1987 and is headquartered in Beijing, the People's Republic of China. China CITIC Bank Corporation Limited operates as a subsidiary of CITIC Financial Holdings Co., Ltd.

CHCJY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CHCJY Stock News Headlines

February 1, 2024 | finance.yahoo.com

Hong Kong airport authority's US$640 million retail bonds to fund new runway prove popular with investors in boost for city's aviation hub ambitions

September 10, 2023 | msn.com

China Citic Bank International eyes mobile banking increase in Hong Kong, aims to save 1 million sheets of paper a year

April 19, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

August 31, 2023 | msn.com

CITIC Limited reports $4.4b profit in H1

July 29, 2023 | finance.yahoo.com

China central bank issues draft rules on its data security management

July 22, 2023 | morningstar.com

China Citic Bank Corp Ltd Class H

July 21, 2023 | msn.com

UPDATE 1-China's CITIC cuts around 20 bankers from Hong Kong's CLSA - sources

July 19, 2023 | reuters.com

Exclusive: China's CITIC to move dozens of Hong Kong bankers to mainland to cut costs

April 19, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

July 18, 2023 | msn.com

Exclusive: China's CITIC to move dozens of Hong Kong bankers to mainland to cut costs -sources

July 10, 2023 | finance.yahoo.com

UPDATE 1-Ex-China central bank deputy head arrested for suspected bribery

June 26, 2023 | msn.com

NIM to offset China CITIC Bank elevated credit costs: Moody’s

June 7, 2023 | msn.com

Citi CEO commits to China expansion, Beijing says

June 7, 2023 | benzinga.com

Citigroup's CEO Expresses Confidence in China's Economic and Financial Growth during Inaugural Visit

June 7, 2023 | msn.com

Citigroup CEO pledges to Beijing to continue China expansion

May 5, 2023 | forbes.com

China's Banks Lost $22B to Alibaba And Tencent In 2015, But That's Not Their Biggest Problem

May 1, 2023 | msn.com

HSBC, DBS, China Citic, other banks offer range of incentives to entice mainland business during first post-Covid golden week holiday

May 1, 2023 | marketwatch.com

China Citic Bank 1Q Net Rose 10.3%

April 19, 2023 | morningstar.com

China Citic Bank Corp Ltd ADR

March 23, 2023 | marketwatch.com

China Citic Bank Corp. FY Net Profit Rose 12%

February 23, 2023 | forbes.com

Bank of China

February 22, 2023 | msn.com

Star banker's disappearance surprises even China's state lenders

February 2, 2023 | forbes.com

CNY Rallies, ECB & BOE Hike Interest Rates

January 29, 2023 | news.yahoo.com

China's EXIM bank gives Sri Lanka debt extension

January 3, 2023 | msn.com

Tender sale of Evergrande's Hong Kong headquarters fails again -sources

January 3, 2023 | reuters.com

Lenders fail to sell Evergrande's Hong Kong headquarters by tender - sources

December 19, 2022 | afr.com

China promises to reboot economy after COVID curbs

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Company Calendar

Today: 4/19/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Finance
Industry: Private households
Sub-Industry: N/A
Current Symbol: OTCMKTS:CHCJY
CUSIP: N/A
CIK: 1495687
Web: www.citicbank.com
Phone: 86 10 8523 0010
Fax: N/A
Employees: 61,103
Year Founded: 1987

Profitability

EPS (Most Recent Fiscal Year): $3.21
Trailing P/E Ratio: 3.34
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $9.23 billion
Net Margins: 17.41%
Pretax Margin: N/A
Return on Equity: 9.06%
Return on Assets: 0.73%

Debt

Debt-to-Equity Ratio: 1.30
Current Ratio: 0.83
Quick Ratio: 0.83

Sales & Book Value

Annual Sales: $55.59 billion
Price / Sales: 0.47
Cash Flow: $4.25 per share
Price / Cash Flow: 2.52
Book Value: $41.65 per share
Price / Book: 0.26

Miscellaneous

Outstanding Shares: 2,446,750,000
Free Float: N/A
Market Cap: $26.20 billion
Optionable: Not Optionable
Beta: 0.03

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Key Executives

Mr. Heying Fang (Age 58)
Executive Chairman
Mr. Cheng Liu (Age 57)
President & Executive Director
Comp: $280k

Key Competitors

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Should I Buy China CITIC Bank Stock? CHCJY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in China CITIC Bank Co. Limited:

China CITIC Bank Co. Limited has a strong market capitalization of $25.18 billion, indicating stability and potential growth.
The company offers a diverse range of banking products and services, including corporate and personal loans, investment banking, and international services, providing multiple revenue streams.
With a low price-to-earnings ratio of 3.21, the stock may be undervalued, presenting a potential buying opportunity for investors.
China CITIC Bank Co. Limited operates in various segments like Corporate Banking, Retail Banking, and Financial Market business, diversifying its revenue sources and reducing risk.
The company's 50-day simple moving average of $9.73 and two-hundred day simple moving average of $9.24 suggest a stable stock performance trend.

Cons

Investors should be bearish about investing in China CITIC Bank Co. Limited for these reasons:

The current ratio and quick ratio of 0.83 indicate potential liquidity challenges for the company, which could impact its ability to meet short-term obligations.
China CITIC Bank Co. Limited's debt-to-equity ratio of 1.30 may suggest a higher level of debt compared to equity, potentially increasing financial risk.
The stock's beta of 0.03 indicates low volatility compared to the market, which may limit potential returns for investors seeking higher-risk investments.
Despite a drop in short interest, the stock's low average daily trading volume of 100 shares may lead to limited liquidity and price volatility.
Investors should consider the 12-month low and high stock prices of $8.56 and $10.92, respectively, to assess potential price fluctuations and risk exposure.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these China CITIC Bank pros and cons to contact@marketbeat.com.

CHCJY Stock Analysis - Frequently Asked Questions

How have CHCJY shares performed in 2024?: China CITIC Bank's stock was trading at $9.22 on January 1st, 2024. Since then, CHCJY stock has increased by 16.2% and is now trading at $10.71.
View the best growth stocks for 2024 here.
Are investors shorting China CITIC Bank?: China CITIC Bank saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 500 shares, an increase of 400.0% from the March 15th total of 100 shares. Based on an average daily volume of 800 shares, the short-interest ratio is currently 0.6 days.
View China CITIC Bank's Short Interest.
How often does China CITIC Bank pay dividends? What is the dividend yield for China CITIC Bank?: China CITIC Bank announced a dividend on Saturday, June 17th. Shareholders of record on Monday, June 26th will be paid a dividend of $0.811 per share on Friday, August 4th. This represents a dividend yield of 7.74%. The ex-dividend date of this dividend is Friday, June 23rd. This is a boost from the stock's previous dividend of $0.80.
Read our dividend analysis for CHCJY.
Is China CITIC Bank a good dividend stock?: China CITIC Bank (OTCMKTS:CHCJY) pays an annual dividend of $0.78 per share and currently has a dividend yield of 7.26%. CHCJY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 24.30%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CHCJY.

How do I buy shares of China CITIC Bank?: Shares of CHCJY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does China CITIC Bank have any subsidiaries?: The following companies are subsidiares of China CITIC Bank: CITIC Financial Leasing Co. Ltd., CITIC International Financial Holdings Limited, CITIC Wealth Management Corporation Limited, CNCB (Hong Kong) Investment Limited, and Zhejiang Lin’an CITIC Rural Bank Corporation Limited.
Read More

This page (OTCMKTS:CHCJY) was last updated on 4/19/2024 by MarketBeat.com Staff

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China CITIC Bank (CHCJY) Stock Price, News & Analysis

About China CITIC Bank Stock (OTCMKTS:CHCJY)

CHCJY Stock Price History

CHCJY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Should I Buy China CITIC Bank Stock? CHCJY Pros and Cons Explained

Pros

Cons

CHCJY Stock Analysis - Frequently Asked Questions

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