Citi Reports CITIC (00267.HK) Interim Results Meet Expectations; Maintains Buy Rating
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 02 2025
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Source: aastocks
CITIC Interim Results Overview
- Financial Performance: CITIC reported a net profit of RMB 31.2 billion for the interim period, reflecting a 3% year-over-year decline. This figure represents 54% of the company's full-year profit forecast of RMB 59.5 billion.
- Segment Performance: The decline in net profit was largely attributed to weak performance in non-financial segments, which contributed approximately 16% to total profits. In contrast, the financial segment showed robust growth.
Dividend Declaration
- Interim Dividend: The Board declared an interim dividend per share (DPS) of RMB 0.2, an increase from RMB 0.19 in the same period last year. This move indicates management's commitment to a higher dividend payout ratio, with expectations to reach 28% to 30% by 2025/2026.
Future Outlook
- Growth Projections: Citi Research anticipates continued expansion of CITIC's overseas operations, alongside decreasing financing costs, risk costs, and operating expenses.
- Target Price Adjustment: Following the analysis, Citi Research raised its target price for CITIC from $11.25 to $13, maintaining a "Buy" rating on the stock.
Market Activity
- Short Selling Data: As of September 1, 2025, CITIC experienced short selling amounting to $35.62 million, with a short selling ratio of 12.643%.
Analyst Views on 00267
Wall Street analysts forecast 00267 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00267 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
