China CITIC Bank Corporation Limited (0998.HK) stock analysis

In our weekly check, China CITIC Bank Corporation Limited is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 0, red flags: 10.

About China CITIC Bank Corporation Limited

China CITIC Bank Corporation Limited is a Financial Services company (Banks - Regional) based in China, listed on HKSE as 0998.HK.

What our checks show for 0998.HK

Red flags

• The gross margin fell by 10.5 points, to 45.9%: costs are rising faster than prices.
• Operating cash flow is negative while the company reports a profit: the profit does not arrive as cash.
• Analysts expect revenue to shrink about 8.1% a year.
• Revenue fell 2.4% a year over the last 3 years.
• Free cash flow is negative (-33.3% of revenue): the business spends more cash than it brings in.
• The stock has fallen as much as 70% from a peak. Would you have held through that?
• Return on capital (ROCE) is only 1.1%.
• Pay in shares equals 0% of free cash flow: it dilutes shareholders.

Strengths

• The net margin rose by 5.1 points over 5 years, to 20.5%.
• Analysts expect earnings per share to grow about 12.3% a year over the next years.
• Analysts expect the net margin to improve by 11.3 points from today's 20.5%.
• The company keeps 20.5% of its revenue as net profit.
• The dividend takes 46% of profit: there is a cushion.
• A large company: market value $57.47 billion.

Next earnings report: 2026-10-29

Similar companies

DNB.OL · SWED-A.ST · SBK.JO · SCB-R.BK · 2388.HK

Questions

What grade does China CITIC Bank Corporation Limited (0998.HK) have?

In our weekly check, China CITIC Bank Corporation Limited is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 0, red flags: 10. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 0998.HK stock?

This week's biggest flags for China CITIC Bank Corporation Limited: Gross margin falling, Profits not backed by cash, Weak revenue forecast. In total 10 of 25 checks show a warning or a red flag.

What does China CITIC Bank Corporation Limited do?

China CITIC Bank Corporation Limited is a Financial Services company (Banks - Regional) based in China, listed on HKSE as 0998.HK.

When does China CITIC Bank Corporation Limited report earnings next?

The next earnings report is expected on 2026-10-29. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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