CITIC Resources Holdings Stock

CITIC Resources Holdings Market capitalization 2024

CITIC Resources Holdings Market capitalization

3.5 B HKD

Ticker

1205.HK

ISIN

BMG2155Y1075

WKN

723581

In 2024, CITIC Resources Holdings's market cap stood at 3.5 B HKD, a 9.88% increase from the 3.18 B HKD market cap in the previous year.

The CITIC Resources Holdings Market capitalization history

YEARMarket Capitalization (undefined HKD)
20233.5
20223.84
20213.31
20202.51
20194.7
20186.21
20177.46
20166.3
201510.34
20148.94
20138.45
20129.24
201110.66
201012.76
200910.99
200814.94
200724.04
20067.17
20054.59
2004-

CITIC Resources Holdings Aktienanalyse

What does CITIC Resources Holdings do?

CITIC Resources Holdings Ltd is a leading Chinese energy and resources conglomerate based in Hong Kong. The company was established in 1997 and is part of the CITIC Group Corporation, one of China's largest state-owned enterprises. CITIC Resources focuses on identifying and capitalizing on opportunities in the global energy and resources industry. The company operates in various business sectors, including resource exploration and extraction, energy generation and distribution, commodity trading, and logistics and infrastructure. This includes oil and gas fields in China, Australia, and Indonesia, a coal mine in South Africa, and investments in several energy generation and distribution companies in China. One of CITIC Resources' main divisions is oil and gas exploration and extraction. The company holds a significant stake in the Chinese oil and gas company PetroChina and operates its own oil and gas fields in various countries. One of its key projects is the Mereenie oil field near Melbourne, which has a production capacity of up to 2,500 barrels of oil per day. Another important division of CITIC Resources is the trading of commodities and energy sources. The company is involved in the sourcing, transportation, and marketing of commodities such as iron ore, copper, aluminum, and coal. To facilitate commodity trading, CITIC Resources operates its own ports, railway lines, and logistics centers. The company also holds investments in mining companies in Africa and Australia to secure its resource supply. In recent years, CITIC Resources has also made significant investments in renewable energy, particularly in the construction of solar and wind parks in China. Its goal is to increase the share of renewable energy in China's electricity generation and contribute to reducing CO2 emissions. In the infrastructure sector, the company has invested in ports, roads, and airports to facilitate the trading of commodities and energy sources. For example, CITIC Resources operates the Hong Kong International Airport and the Yantian Port in southern China, one of the largest container ports in the world. CITIC Resources is a major player in the Chinese energy and resources industry and has built a strong position in recent years. The company aims to expand its global presence to seize opportunities in various industries and regions. With its broad range of activities and existing connections to other Chinese companies, CITIC Resources can rely on a strong foundation to continue growing and achieve its goals. CITIC Resources Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring CITIC Resources Holdings's Market Capitalization

CITIC Resources Holdings's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of CITIC Resources Holdings's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

CITIC Resources Holdings's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in CITIC Resources Holdings’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about CITIC Resources Holdings stock

What is the current CITIC Resources Holdings market capitalization?

The current market capitalization of CITIC Resources Holdings is 3.5 B HKD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like CITIC Resources Holdings.

How has the market capitalization of CITIC Resources Holdings developed in recent years?

The market capitalization of CITIC Resources Holdings has increased/decreased by 9.88% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of CITIC Resources Holdings?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of CITIC Resources Holdings?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of CITIC Resources Holdings have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does CITIC Resources Holdings pay?

Over the past 12 months, CITIC Resources Holdings paid a dividend of 0.06 HKD . This corresponds to a dividend yield of about 13.48 %. For the coming 12 months, CITIC Resources Holdings is expected to pay a dividend of 0.06 HKD.

What is the dividend yield of CITIC Resources Holdings?

The current dividend yield of CITIC Resources Holdings is 13.48 %.

When does CITIC Resources Holdings pay dividends?

CITIC Resources Holdings pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of CITIC Resources Holdings?

CITIC Resources Holdings paid dividends every year for the past 2 years.

What is the dividend of CITIC Resources Holdings?

For the upcoming 12 months, dividends amounting to 0.06 HKD are expected. This corresponds to a dividend yield of 13.48 %.

In which sector is CITIC Resources Holdings located?

CITIC Resources Holdings is assigned to the 'Industry' sector.

Wann musste ich die Aktien von CITIC Resources Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of CITIC Resources Holdings from 7/18/2024 amounting to 0.025 HKD, you needed to have the stock in your portfolio before the ex-date on 6/18/2024.

When did CITIC Resources Holdings pay the last dividend?

The last dividend was paid out on 7/18/2024.

What was the dividend of CITIC Resources Holdings in the year 2023?

In the year 2023, CITIC Resources Holdings distributed 0.045 HKD as dividends.

In which currency does CITIC Resources Holdings pay out the dividend?

The dividends of CITIC Resources Holdings are distributed in HKD.

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Andere Kennzahlen von CITIC Resources Holdings

Our stock analysis for CITIC Resources Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of CITIC Resources Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.