CITIC Securities Co (CITIC Securities Co) Gross-Profit-to-Asset % : 3.61% (As of Mar. 2024)

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What is CITIC Securities Co Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. CITIC Securities Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was $7,607 Mil. CITIC Securities Co's average Total Assets over the quarter that ended in Mar. 2024 was $210,593 Mil. Therefore, CITIC Securities Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 3.61%.

CITIC Securities Co Gross-Profit-to-Asset % Historical Data

The historical data trend for CITIC Securities Co's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CITIC Securities Co Gross-Profit-to-Asset % Chart

CITIC Securities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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5.81

6.01

6.56

4.76

4.25

CITIC Securities Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															4.46	4.35	3.95	3.99	3.61

Competitive Comparison of CITIC Securities Co's Gross-Profit-to-Asset %

For the Capital Markets subindustry, CITIC Securities Co's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CITIC Securities Co's Gross-Profit-to-Asset % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CITIC Securities Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where CITIC Securities Co's Gross-Profit-to-Asset % falls into.

CITIC Securities Co Gross-Profit-to-Asset % Calculation

CITIC Securities Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	8322.732	/	( (187702.19	+	203545.997)	/ 2 )
	=	8322.732	/	195624.0935
	=	4.25 %

CITIC Securities Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	7606.74	/	( (203545.997	+	217639.446)	/ 2 )
	=	7606.74	/	210592.7215
	=	3.61 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

CITIC Securities Co Gross-Profit-to-Asset % Related Terms

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CITIC Securities Co (CITIC Securities Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CITIC Securities Co Ltd (OTCPK:CIIHF) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

CIIHY:USA 06030:Hong Kong CI9:Germany 600030:China

Address

1 Tim Mei Avenue, 26th Floor, CITIC Tower, Central, Hong Kong, HKG

Website

https://www.citics.com

CITIC Securities Co Ltd is a brokerage and investment group that provides brokerage, underwriting and sponsoring, proprietary trading, investment banking, asset management, investment advisory, and other services. The company's brokerage business consists of securities brokerage and futures brokerage and its asset management business includes portfolio management, directional asset management, special asset management, as well as fund management. The company offers financial services and products to a diverse client base including corporations, financial institutions, governments, and individuals. Citic Securities principally operates in mainland China and Hong Kong.

CITIC Securities Co (CITIC Securities Co) Headlines

From GuruFocus

Matthews China Fund Comments on CITIC Securities

By Holly LaFon Holly LaFon • 12-01-2016