HK$ 380,822 MILLIONRevenue
HK$ 43,119 MILLIONProfit attributable to ordinary shareholders
HK$ 1.48Earnings per share
HK$ 0.33Dividend per share
HK$ 7,237,995 MILLIONTotal assets
HK$ 482,760 MILLIONOrdinary shareholders’ funds
HK$ 16.60Ordinary shareholders’ funds per share
9%Return on net assets
As we reflect on 2016 and events such as the Brexit vote, the US presidential election and continued political and economic tensions across the world, global companies are grappling with pronounced uncertainty and volatility. At home, China’s economy is in the midst of a structural transition, as industrial output and double digit growth moderate but consumption, services, and higher value-added manufacturing increase. The world is changing, and companies need to stay nimble and prepare to adapt, while striking a balance between reacting to outside factors and navigating steadily through rough waters to achieve their business goals.
CITIC Limited (SEHK: 00267) is China’s largest conglomerate and a constituent of the Hang Seng Index. Among our diverse global businesses, we focus primarily on financial services, resources and energy, manufacturing, engineering contracting and real estate. As China’s economy matures and is increasingly weighted toward consumption and services, CITIC is building upon its existing consumer platform, expanding into complementary businesses that reflect these trends and opportunities.
Tracing our roots to the beginning of China’s opening and reform, we are driven today by the same values upon which we were founded: a pioneering spirit, a commitment to innovation and a focus on the long term. We embrace world-class technologies and aim for international best practice. We are guided by a strategy that is customer-centric, commercially-driven, and far-sighted in the allocation of capital and resources.