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China's largest investment bank and brokerage, offering securities trading, underwriting, asset management and research.
China's largest investment bank and brokerage, offering securities trading, underwriting, asset management and research.
Hong Kong-listed H shares of the same company as 600030.SS, so the business and earnings are identical but the shares trade in Hong Kong dollars. Mainland commission rates are low, so it leans on underwriting, trading its own capital and margin lending. Its Hong Kong arm CLSA handles overseas deals.
In one line: China's Goldman Sachs/Morgan Stanley.
Moat: narrow (scale, brand, regulatory licence). Largest Chinese securities firm by capital and deal volume, though regulated commissions cap fees.
Headquarters: Beijing, China · Founded: 1995 · Employees: 26,823
Size CITIC Securities (6030.HK) is a Hong Kong Financials company (Investment Banks/Brokers) with a market value of $56.2B, the 33rd largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$21.24 on 6 Nov 2026.
Performance Over six months the shares fell 23.3%, against +5.1% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue grew 102.0% over the last twelve months (peer median +10.5%); the operating margin is 22.4% (peer median 37.9%).
Valuation It trades at 7.1× forward earnings against a peer median of 19.1× (cheapest of 21).
Next results Next results expected around 26 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$287B | HK$185B | HK$124B | HK$105B | HK$50.5B |
| Revenue growth | — | +49% | +18% | +108% | — |
| Gross profit | HK$253B | HK$155B | HK$98.0B | HK$82.6B | HK$30.8B |
| EBITDA | HK$66.9B | HK$50.6B | HK$37.4B | HK$36.1B | HK$41.6B |
| Net income | HK$43.2B | HK$31.5B | HK$22.7B | HK$21.2B | HK$24.2B |
| Free cash flow | HK$26.7B | HK$2.46B | HK$53.2B | -HK$18.5B | HK$98.5B |
| Capital expenditure | HK$1.75B | HK$1.62B | HK$1.40B | HK$1.75B | HK$1.52B |
| Total debt | n/a | HK$819B | HK$711B | HK$623B | HK$459B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| CITIC Securities 6030.HK | $56.2B | -23% | +102% | 22% | 7.1× | n/a |
| China International Capital 3908.HK | $21.3B | -15% | -16% | 55% | 5.6× | n/a |
| Goldman Sachs GS | $250B | -8% | +12% | 40% | 12.0× | n/a |
| Morgan Stanley MS | $285B | -6% | +16% | 33% | 13.6× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 6030.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -11.5% | +1.1% | 4th lowest of 21 |
| 6-month return | -23.3% | +5.1% | 2nd lowest of 21 |
| Distance from 52-week high | -33.2% | -11.9% | 3rd lowest of 21 |
| Revenue growth (TTM) | +102.0% | +10.5% | highest of 21 |
| Operating margin | 22.4% | 37.9% | 5th lowest of 21 |
| Forward P/E | 7.1× | 19.1× | cheapest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| CITIC Securities 6030.HK | Hong Kong | $56.2B | -23% | +102% | 22% | 7.1× | n/a | n/a |
| Nasdaq NDAQ | United States | $59.4B | +21% | +12% | 31% | 23.4× | n/a | n/a |
| HKEX 0388.HK | Hong Kong | $62.2B | -10% | +23% | 75% | 24.6× | n/a | n/a |
| Macquarie MQG.AX | Australia | $63.5B | +5% | +5% | 20% | 18.1× | n/a | n/a |
| Deutsche Boerse DB1.DE | Germany | $63.8B | +32% | +7% | 41% | 24.7× | n/a | n/a |
| Deutsche Bank Aktiengesellschaft DBK.DE | Germany | $65.0B | +15% | 0% | 30% | 9.5× | n/a | n/a |
| State Street STT | United States | $45.0B | +11% | +2% | 33% | 11.1× | n/a | n/a |
| Robinhood Markets HOOD | United States | $72.9B | +5% | +22% | 44% | 29.7× | n/a | n/a |
| Barclays BARC.L | United Kingdom | $75.1B | +1% | +7% | 22% | 8.2× | n/a | n/a |
| Cboe Global Markets CBOE | United States | $36.9B | +2% | +14% | 36% | 23.4× | n/a | n/a |
| Coinbase COIN | United States | $35.7B | -33% | -48% | -33% | 99.3× | n/a | n/a |
| Intercontinental Exchange ICE | United States | $96.3B | +11% | +14% | 47% | 20.1× | n/a | n/a |
| BNY Mellon BNY | United States | $99.4B | +13% | -1% | 37% | 14.7× | n/a | n/a |
| Tradeweb Markets TW | United States | $29.7B | +17% | +14% | 44% | 27.9× | n/a | n/a |
| CME CME | United States | $109B | +9% | +9% | 66% | 23.6× | n/a | n/a |
| Yuanta Financial Holding Co. Lt 2885.TW | Taiwan | $28.1B | +28% | +78% | 28% | 14.2× | n/a | n/a |
| Interactive Brokers IBKR | United States | $129B | -10% | +16% | 87% | 23.9× | n/a | n/a |
| LPL Financial LPLA | United States | $23.0B | -3% | +31% | 13% | 10.5× | n/a | n/a |
| Huatai Securities 601688.SS | China | $22.7B | -7% | -6% | 38% | 8.3× | n/a | n/a |
| China International Capital 601995.SS | China | $21.6B | -18% | -20% | 55% | 10.0× | n/a | n/a |
| GF Securities 000776.SZ | China | $20.9B | -10% | +37% | 42% | 7.8× | n/a | n/a |