What is the current CITIC market capitalization?
The current market capitalization of CITIC is 241.14 B CNY.
CITIC Market capitalization 2024
CITIC Market capitalization
241.14 B CNY
Ticker
267.HK
ISIN
HK0267001375
WKN
870564
In 2024, CITIC's market cap stood at 241.14 B CNY, a 21.47% increase from the 198.51 B CNY market cap in the previous year.
The CITIC Market capitalization history
| YEAR | Market Capitalization (undefined CNY) |
|---|---|
| 2023 | 243.39 |
| 2022 | 238.47 |
| 2021 | 226.1 |
| 2020 | 216.38 |
| 2019 | 314.5 |
| 2018 | 335.91 |
| 2017 | 335.33 |
| 2016 | 334.72 |
| 2015 | 373.52 |
| 2014 | 329.16 |
| 2013 | 257.07 |
| 2012 | 42.83 |
| 2011 | 65.02 |
| 2010 | 63.98 |
| 2009 | 59.33 |
| 2008 | 61.5 |
| 2007 | 80.89 |
| 2006 | 52.66 |
| 2005 | 48.16 |
| 2004 | 45.03 |
CITIC Aktienanalyse
What does CITIC do?
CITIC Ltd is a Chinese holding company that was founded in 1979. The company's history is closely linked to the development of the Chinese economy. Originally, CITIC Ltd was established as the China International Trust and Investment Corporation to attract foreign investors and promote technology transfer. In the 1980s, CITIC Ltd led China into the era of market economy and was an important player in the opening-up policy. CITIC Ltd's business model is diverse and includes various sectors. The key divisions include finance, commodities, manufacturing, real estate, and infrastructure. In the finance sector, CITIC Ltd is one of the largest investment banks in China. It provides financial services such as investment banking, asset management, wealth accumulation, and insurance. CITIC Bank, which is owned by CITIC Ltd, is one of the largest banks in China. In the commodities sector, CITIC Ltd engages in the exploration and development of resources such as oil, gas, coal, ores, and other minerals. The company owns and operates several mines and oil fields and is also active in metallurgy and chemicals. CITIC Ltd's manufacturing division encompasses various industries such as machinery, electronics, and vehicle manufacturing. The company produces and distributes a variety of products including automobiles, cement, steel, chemicals, construction materials, and construction machinery. CITIC Ltd's real estate and infrastructure division is involved in the development, construction, and management of residential, commercial, industrial, and infrastructure projects. It owns a variety of properties including office buildings, shopping centers, hotels, and logistics parks. Some of the products offered by CITIC Ltd include CITIC Plaza, one of the tallest buildings in Guangzhou, China; CITIC Heavy Industry, a leading manufacturer of heavy machinery; CITIC Pacific Mining, a mining company focused on the exploration and production of iron, copper, and other minerals; and CITIC Securities, one of the largest securities firms in China. CITIC Ltd is also internationally active and has branches and partnerships in various parts of the world, including Hong Kong, New York, London, Singapore, South Korea, and Australia. Overall, CITIC Ltd is a versatile company with a wide product portfolio and a strong commitment to innovation and growth. The company's history reflects the development of the Chinese economy, and CITIC Ltd has played an important role in promoting China's economic development. CITIC ist eines der beliebtesten Unternehmen auf Eulerpool.com.Market capitalization Details
Exploring CITIC's Market Capitalization
CITIC'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'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'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’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 stock
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.
How has the market capitalization of CITIC developed in recent years?
The market capitalization of CITIC has increased/decreased by 21.47% 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?
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?
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 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 pay?
Over the past 12 months, CITIC paid a dividend of 0.65 CNY . This corresponds to a dividend yield of about 7.81 %. For the coming 12 months, CITIC is expected to pay a dividend of 0.69 CNY.
What is the dividend yield of CITIC?
The current dividend yield of CITIC is 7.81 %.
When does CITIC pay dividends?
CITIC pays a quarterly dividend. This is distributed in the months of July, August, October, October.
How secure is the dividend of CITIC?
CITIC paid dividends every year for the past 23 years.
What is the dividend of CITIC?
For the upcoming 12 months, dividends amounting to 0.69 CNY are expected. This corresponds to a dividend yield of 8.38 %.
In which sector is CITIC located?
CITIC is assigned to the 'Industry' sector.
Wann musste ich die Aktien von CITIC kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of CITIC from 11/15/2024 amounting to 0.03 CNY, you needed to have the stock in your portfolio before the ex-date on 9/25/2024.
When did CITIC pay the last dividend?
The last dividend was paid out on 11/15/2024.
What was the dividend of CITIC in the year 2023?
In the year 2023, CITIC distributed 0.656 CNY as dividends.
In which currency does CITIC pay out the dividend?
The dividends of CITIC are distributed in CNY.
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Andere Kennzahlen von CITIC
Our stock analysis for CITIC 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 Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
