What is the debt of CITIC Securities Co this year?
CITIC Securities Co has a debt level of 245,896.5 CNY this year.
In 2024, CITIC Securities Co's total debt was 245,896.5 CNY, a 211.35% change from the 78,978.22 CNY total debt recorded in the previous year.
CITIC Securities Co's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Analyzing CITIC Securities Co's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Investors pay close attention to CITIC Securities Co’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Shifts in CITIC Securities Co’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
CITIC Securities Co has a debt level of 245,896.5 CNY this year.
The debt of CITIC Securities Co has increased by 211.35% compared to the previous year increased.
High debt can pose a risk for investors of CITIC Securities Co, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
Low debt means that CITIC Securities Co has a strong financial position and is able to fulfill its obligations without overburdening its finances.
An increase in debt of CITIC Securities Co can adversely affect the financial condition of the company and result in a higher burden on its finances.
A reduction in debt of CITIC Securities Co can strengthen the company's financial position and improve its ability to meet its financial obligations.
Some factors that can influence the debt of CITIC Securities Co include investments, acquisitions, operating costs, and revenue development.
The debts of CITIC Securities Co are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
To change the debt, CITIC Securities Co can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
Over the past 12 months, CITIC Securities Co paid a dividend of 0.49 CNY . This corresponds to a dividend yield of about 2.69 %. For the coming 12 months, CITIC Securities Co is expected to pay a dividend of 0.52 CNY.
The current dividend yield of CITIC Securities Co is 2.69 %.
CITIC Securities Co pays a quarterly dividend. This is distributed in the months of September, September, September, September.
CITIC Securities Co paid dividends every year for the past 23 years.
For the upcoming 12 months, dividends amounting to 0.52 CNY are expected. This corresponds to a dividend yield of 2.84 %.
CITIC Securities Co is assigned to the 'Finance' sector.
To receive the latest dividend of CITIC Securities Co from 8/25/2023 amounting to 0.49 CNY, you needed to have the stock in your portfolio before the ex-date on 8/25/2023.
The last dividend was paid out on 8/25/2023.
In the year 2023, CITIC Securities Co distributed 0.54 CNY as dividends.
The dividends of CITIC Securities Co are distributed in CNY.
Our stock analysis for CITIC Securities Co 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 Securities Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.