CITIC Limited (HKG:0267)

CITIC Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	565,542	553,637	490,626	475,752	413,945
Other Revenue	373,873	396,052	392,057	369,151	323,334
Revenue	939,415	949,689	882,683	844,903	737,279
Revenue Growth (YoY)	-1.08%	7.59%	4.47%	14.60%	21.41%
Cost of Revenue	447,555	447,282	383,311	364,937	328,927
Gross Profit	491,860	502,407	499,372	479,966	325,983
Selling, General & Admin	-	-	-	-	10.59
Other Operating Expenses	137,406	136,292	126,426	113,471	84,161
Operating Expenses	200,664	195,675	192,041	192,476	85,891
Operating Income	291,196	306,732	307,331	287,490	240,092
Interest Expense	-169,125	-194,609	-202,249	-181,062	-162,104
Interest & Investment Income	1,989	2,235	1,832	1,407	1,659
Earnings From Equity Investments	10,520	6,630	9,403	11,166	14,308
Currency Exchange Gain (Loss)	5,755	-1,033	535	444	636.26
Other Non Operating Income (Expenses)	8,569	6,345	4,758	4,885	2,676
EBT Excluding Unusual Items	148,904	126,300	121,610	124,330	97,267
Impairment of Goodwill	-	-17	-26	-4,363	-
Gain (Loss) on Sale of Investments	-	2,893	2,314	-2,790	1,630
Gain (Loss) on Sale of Assets	-	3,793	74	10,977	1,135
Asset Writedown	-4,296	-312	-685	-862	-1,342
Pretax Income	144,608	132,657	123,287	127,292	98,690
Income Tax Expense	28,795	24,902	18,013	21,469	16,997
Earnings From Continuing Operations	115,813	107,755	105,274	105,823	81,694
Net Income to Company	115,813	107,755	105,274	105,823	81,694
Minority Interest in Earnings	-57,083	-49,553	-47,680	-40,892	-24,486
Net Income	58,730	58,202	57,594	64,931	57,208
Net Income to Common	58,730	58,202	57,594	64,931	57,208
Net Income Growth	0.91%	1.06%	-11.30%	13.50%	19.98%
Shares Outstanding (Basic)	29,090	29,090	29,090	29,090	29,090
Shares Outstanding (Diluted)	29,090	29,090	29,090	29,090	29,090
EPS (Basic)	2.02	2.00	1.98	2.23	1.97
EPS (Diluted)	2.01	1.97	1.98	2.23	1.96
EPS Growth	2.18%	-0.49%	-11.29%	13.48%	19.78%
Free Cash Flow	-	-94,366	-47,102	145,926	-53,107
Free Cash Flow Per Share	-	-3.24	-1.62	5.02	-1.83
Dividend Per Share	0.585	0.550	0.515	0.587	0.494
Dividend Growth	6.36%	6.80%	-12.23%	18.85%	20.14%
Gross Margin	52.36%	52.90%	56.57%	56.81%	44.21%
Operating Margin	31.00%	32.30%	34.82%	34.03%	32.56%
Profit Margin	6.25%	6.13%	6.53%	7.69%	7.76%
Free Cash Flow Margin	-	-9.94%	-5.34%	17.27%	-7.20%
EBITDA	318,756	334,292	330,390	307,730	251,279
EBITDA Margin	33.93%	35.20%	37.43%	36.42%	34.08%
D&A For EBITDA	27,560	27,560	23,059	20,240	11,186
EBIT	291,196	306,732	307,331	287,490	240,092
EBIT Margin	31.00%	32.30%	34.82%	34.03%	32.56%
Effective Tax Rate	19.91%	18.77%	14.61%	16.87%	17.22%
Revenue as Reported	769,264	-	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.