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CITIC Securities Co Ltd
SSE:600030

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CITIC Securities Co Ltd
SSE:600030
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Price: 26.77 CNY 2.06%
Market Cap: ¥396.7B

P/S

4.6
Current
12%
Cheaper
vs 3-y average of 5.2

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
4.6
=
Market Cap
¥385.5B
/
Revenue
¥86.5B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
4.6
=
Market Cap
¥385.5B
/
Revenue
¥86.5B

Valuation Scenarios

CITIC Securities Co Ltd is trading below its 3-year average

If P/S returns to its 3-Year Average (5.2), the stock would be worth ¥30.53 (14% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-40%
Maximum Upside
+16%
Average Downside
1%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 4.6 ¥26.77
0%
3-Year Average 5.2 ¥30.53
+14%
5-Year Average 4.8 ¥28.13
+5%
Industry Average 5.3 ¥31.06
+16%
Country Average 2.8 ¥16.13
-40%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
¥385.5B
/
Jan 2026
¥86.5B
=
4.6
Current
¥385.5B
/
Dec 2026
¥88.1B
=
4.4
Forward
¥385.5B
/
Dec 2027
¥95.4B
=
4
Forward
¥385.5B
/
Dec 2028
¥103.2B
=
3.7
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close

Market Distribution

In line with most companies in China
Percentile
65th
Based on 7 736 companies
65th percentile
4.6
Low
0 — 1.5
Typical Range
1.5 — 5.4
High
5.4 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.8
70th Percentile 5.4
Max 5 034 353.9

CITIC Securities Co Ltd
Glance View

Market Cap
396.7B CNY
Industry
Financial Services

In the bustling financial landscape of China, CITIC Securities Co., Ltd. stands as a formidable titan in the investment services sector. Founded in 1995, it has grown through a calculated blend of ambition and strategy to become one of Asia’s leading full-service investment banks. CITIC capitalizes on the diverse branches of financial services, offering a broad spectrum that includes brokerage, investment banking, and asset management. The brokerage segment, which is particularly robust, forms the backbone of its revenue stream, facilitating the buying and selling of securities for a diverse clientele, ranging from individual investors to large institutional clients. This not only generates direct fees but also serves as a gateway to cross-sell more complex financial services such as margin finance and securities lending. Beyond brokerage, CITIC Securities derives significant income from its investment banking division. Here, the company adeptly orchestrates capital-raising endeavors for corporate clients through mechanisms like initial public offerings (IPOs) and debt issuances. This segment mirrors the dynamism of Chinese markets, where the thirst for capital fuels the engine of economic growth. Additionally, its asset management division takes on a pivotal role, managing a substantial portfolio of assets with a focus that spans wide-ranging strategies from equities to fixed-income products. Through these diversified avenues, CITIC fortifies its financial standing, expertly navigating the complex terrain of modern finance to generate ample returns from advisory fees, commissions, and interest incomes. This expertly constructed financial tapestry underscores CITIC’s reputation as a key player in not only sustaining but also amplifying the vibrancy of China's economic story.

Intrinsic Value
49.12 CNY
Undervaluation 46%
Intrinsic Value
Price ¥26.77
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