China CITIC Bank (601998.SS) Return on Invested Capital (ROIC)

Price: $7.25
Market Cap: $381.03B
Avg Volume: 101.12M
Country: CN
Industry: Banks - Regional
Sector: Financial Services
Beta: 0.319
52W Range: $5.66-8
Website: China CITIC Bank

Return on Invested Capital (ROIC) Summary

China CITIC Bank's ROIC measures how effectively the company uses its invested capital to generate profits:

  • Annual: 1.14%
  • Quarterly: 0.17%
  • TTM: 0.03%

What is ROIC?

Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.

Related Metrics

Other important metrics to assess China CITIC Bank's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 10.52%
    • Quarterly: 2.01%
    • TTM: 8.71%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 0.74%
    • Quarterly: 0.18%
    • TTM: 0.73%

These metrics provide insights into China CITIC Bank's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROIC

1.14%

Quarterly ROIC

0.17%

TTM ROIC

0.03%

China CITIC Bank Historical ROIC

6.81%6.81%4.62%4.62%2.43%2.43%0.24%0.24%-1.94%-1.94%-4.13%-4.13%-6.32%-6.32%-8.50%-8.50%-10.69%-10.69%-12.88%-12.88%-15.07%-15.07%ROIC1.14%-14.91%-3.58%-3.37%-3.94%-15.07%5.92%1.82%2.16%3.32%20152015201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROE

18.02%18.02%16.22%16.22%14.42%14.42%12.61%12.61%10.81%10.81%9.01%9.01%7.21%7.21%5.41%5.41%3.60%3.60%1.80%1.80%0.00%0.00%ROE10.52%9.33%8.88%8.99%9.28%10.19%10.65%10.98%12.95%15.67%20152015201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROA

1.13%1.13%1.02%1.02%0.90%0.90%0.79%0.79%0.68%0.68%0.57%0.57%0.45%0.45%0.34%0.34%0.23%0.23%0.11%0.11%0.00%0.00%ROA0.74%0.73%0.69%0.65%0.71%0.73%0.75%0.70%0.80%0.98%20152015201620162017201720182018201920192020202020212021202220222023202320242024

China CITIC Bank Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2023.

Year ROIC ROE ROA
2023 1.14% 10.52% 0.74%
2022 -14.91% 9.33% 0.73%
2021 -3.58% 8.88% 0.69%
2020 -3.37% 8.99% 0.65%
2019 -3.94% 9.28% 0.71%
2018 -15.07% 10.19% 0.73%
2017 5.92% 10.65% 0.75%
2016 1.82% 10.98% 0.70%
2015 2.16% 12.95% 0.80%
2014 3.32% 15.67% 0.98%

Related Metrics

Explore detailed financial metrics and analysis for 601998.SS.

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