China CITIC Bank (OTCMKTS:CHCJY) Releases Earnings Results

China CITIC Bank (OTCMKTS:CHCJY) posted its earnings results on Thursday. The company reported $999.00 earnings per share (EPS) for the quarter, Zacks reports. China CITIC Bank had a return on equity of 8.44% and a net margin of 20.39%.

China CITIC Bank Price Performance

CHCJY stock opened at $18.62 on Friday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.82 and a current ratio of 0.82. China CITIC Bank has a 1 year low of $15.92 and a 1 year high of $22.30. The firm has a market cap of $45.56 billion, a P/E ratio of 5.51 and a beta of 0.28. The stock has a 50-day simple moving average of $20.56 and a 200-day simple moving average of $19.21.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded China CITIC Bank to a “hold” rating in a research note on Thursday, April 23rd. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

China CITIC Bank Company Profile

China CITIC Bank Co, Ltd., a subsidiary of CITIC Group, is a leading Chinese commercial bank headquartered in Beijing. Established in the late 1980s, the bank was among the first national joint-stock commercial banks approved by the Chinese government. It is quoted on the U.S. OTC Market under the symbol CHCJY.

The bank offers a wide range of financial services, including corporate and institutional banking, retail banking, treasury and financial markets services. Corporate clients can access lending solutions, trade finance, cash management and project financing, while retail customers can choose from deposit accounts, personal loans, credit cards, wealth management and digital banking platforms.