CITIC Group
CITIC Group, founded in 1979, has been a pioneer in China’s economic reforms and opening-up to the rest of the world.
Launch date
Market cap
$8.7b
Enterprise valuation
$12.7b (Public information from Sep 2024)
Share price
CNY13.37 000708.SZ
Beijing China (HQ)
Financials
Estimates*
CNY | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 |
---|---|---|---|---|---|---|
Revenues | 72.6b | 74.7b | 97.3b | 98.3b | 114.0b | 884.4b |
% growth | - | 3 % | 30 % | 1 % | 16 % | - |
EBITDA | 10.6b | 11.5b | 13.7b | 11.7b | 12.6b | - |
% EBITDA margin | 15 % | 15 % | 14 % | 12 % | 11 % | - |
Profit | 5.4b | 6.0b | 8.0b | 7.1b | 5.7b | - |
% profit margin | 7 % | 8 % | 8 % | 7 % | 5 % | - |
R&D budget | 2.8b | 2.7b | 3.5b | 3.9b | 4.5b | - |
R&D % of revenue | 4 % | 4 % | 4 % | 4 % | 4 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
* | N/A | $1.7b | Post IPO Equity |
Total Funding | - |
Recent News about CITIC Group
EditInvestments by CITIC Group
EditACQUISITION by CITIC Group Aug 2017
ACQUISITION by CITIC Group 2000