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China Citic Bank Corp Stock

China Citic Bank Corp ROA 2024

China Citic Bank Corp ROA

0.01

Ticker

601998.SS

ISIN

CNE1000000R4

In 2024, China Citic Bank Corp's return on assets (ROA) was 0.01, a 2.52% increase from the 0.01 ROA in the previous year.

China Citic Bank Corp Aktienanalyse

What does China Citic Bank Corp do?

China Citic Bank Corp Ltd, also known as CITIC Bank, is one of the largest commercial banks in China. It was founded in 1987 and is headquartered in Beijing. The CITIC Bank has a broad business model focusing on the needs of corporations, investors, and retail customers. It offers a variety of banking and financial services, such as deposits, loans, wealth management, and investment banking. The company operates in various sectors including the financial sector, automotive industry, and real estate sector. The primary business of the bank is lending. It offers loans to corporations and individuals on different terms. CITIC Bank also has partnerships with other banks to lend money and minimize credit risks. In addition, the bank provides investment and advisory services to support companies in recapitalization, mergers and acquisitions. Another important division is wealth management. The bank offers various financial products such as investment funds, stocks, and bonds. These products are available to both retail customers and institutional investors. Wealth management is a significant growth factor for the company, as many Chinese individuals increasingly want to invest in investment products. In the investment banking sector, CITIC Bank provides advisory services to support companies in financing growth strategies, implementing mergers and acquisitions, and initial public offerings. The bank has strong relationships with major Chinese companies, giving it a clear advantage over other investment banks. In the automotive industry, CITIC Bank is represented through a partnership with the Chinese car manufacturer Geely. The company offers financial services such as loans and leasing contracts to support the purchase of Geely cars. The goal is to promote the sale of Geely cars by facilitating financing. CITIC Bank is also active in the real estate sector. It offers financing for the purchase of properties and is involved in various real estate projects. The bank also has partnerships with real estate developers to jointly develop projects and promote the sale of properties. Overall, China Citic Bank Corp Ltd has an impressive balance sheet and is a significant financial institution in China. With a broad business model and a strong focus on the needs of corporations, investors, and retail customers, the bank is well-positioned to continue growing. China Citic Bank Corp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding China Citic Bank Corp's Return on Assets (ROA)

China Citic Bank Corp's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing China Citic Bank Corp's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider China Citic Bank Corp's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in China Citic Bank Corp’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about China Citic Bank Corp stock

What is the Return on Assets (ROA) of China Citic Bank Corp this year?

The Return on Assets (ROA) of China Citic Bank Corp is 0.01 undefined this year.

What was the ROA of China Citic Bank Corp compared to the previous year?

The ROA of China Citic Bank Corp has increased by 2.52% compared to the previous year.

What consequences do high ROA have for investors of China Citic Bank Corp?

A high ROA is advantageous for investors of China Citic Bank Corp, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in China Citic Bank Corp?

A low ROA can be unfavorable for investors of China Citic Bank Corp as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of China Citic Bank Corp affect the company?

An increase in ROA of China Citic Bank Corp can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of China Citic Bank Corp impact the company?

A reduction in the ROA of China Citic Bank Corp can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of China Citic Bank Corp?

Some factors that can influence the ROA of China Citic Bank Corp include revenue, operating costs, asset structure, and industry average.

Why is the ROA of China Citic Bank Corp important for investors?

The ROA of China Citic Bank Corp is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can China Citic Bank Corp take to improve ROA?

To improve ROA, China Citic Bank Corp can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does China Citic Bank Corp pay?

Over the past 12 months, China Citic Bank Corp paid a dividend of 0.33 CNY . This corresponds to a dividend yield of about 4.95 %. For the coming 12 months, China Citic Bank Corp is expected to pay a dividend of 0.35 CNY.

What is the dividend yield of China Citic Bank Corp?

The current dividend yield of China Citic Bank Corp is 4.95 %.

When does China Citic Bank Corp pay dividends?

China Citic Bank Corp pays a quarterly dividend. This is distributed in the months of August, August, August, August.

How secure is the dividend of China Citic Bank Corp?

China Citic Bank Corp paid dividends every year for the past 0 years.

What is the dividend of China Citic Bank Corp?

For the upcoming 12 months, dividends amounting to 0.35 CNY are expected. This corresponds to a dividend yield of 5.25 %.

In which sector is China Citic Bank Corp located?

China Citic Bank Corp is assigned to the 'Finance' sector.

Wann musste ich die Aktien von China Citic Bank Corp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Citic Bank Corp from 7/10/2024 amounting to 0.326 CNY, you needed to have the stock in your portfolio before the ex-date on 7/10/2024.

When did China Citic Bank Corp pay the last dividend?

The last dividend was paid out on 7/10/2024.

What was the dividend of China Citic Bank Corp in the year 2023?

In the year 2023, China Citic Bank Corp distributed 0.302 CNY as dividends.

In which currency does China Citic Bank Corp pay out the dividend?

The dividends of China Citic Bank Corp are distributed in CNY.

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Andere Kennzahlen von China Citic Bank Corp

Our stock analysis for China Citic Bank Corp 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 China Citic Bank Corp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.