Revenue distribution by industry:

• Financial services: 40%
• Resources and energy: 25%
• Manufacturing: 15%
• Real estate: 10%
• Other (including telecommunications and infrastructure): 10%

TOP 3 markets and their percentage shares:

• China: 60%
• Australia: 15%
• Hong Kong: 10%

CITIC Limited generates the majority of its revenue from financial services, reflecting the company's strong position in this sector. The Chinese market is the most significant market for CITIC Limited at 60%, followed by Australia and Hong Kong. These markets are crucial for the company as they not only generate high revenues but also represent strategic locations for future growth.

Production Sites: China, Australia, Brazil

CITIC Limited is a diversified company with production sites mainly in China, where it offers a variety of products and services. In addition, the company operates significant resource projects in Australia and Brazil, especially in the field of iron ore production.

This geographical distribution enables CITIC Limited to benefit from the respective regional advantages and strengthen its global market position.

Strategy for Future Growth:

1. Diversification of Business Areas: CITIC Limited focuses on a broad diversification of its business areas to minimize risks and leverage opportunities in various markets. This includes investments in financial services, resources and energy, manufacturing, real estate, and telecommunications.

2. International Expansion: The company pursues a strategy of international expansion, especially in emerging markets. The goal is to strengthen global presence and benefit from high-growth regions.

3. Technological Innovation: CITIC Limited is increasing its investments in technological innovations to enhance efficiency and explore new business opportunities. This includes investments in digital transformation and sustainable technologies.

4. Sustainability and ESG Initiatives: Sustainability is a central component of the growth strategy. CITIC Limited focuses on Environmental, Social, and Governance (ESG) initiatives to create long-term value and meet regulatory requirements.

Through these strategic measures, CITIC Limited aims to strengthen its market position and secure future growth.

Main raw materials: Iron ore, coal, copper

Countries of origin:

• Iron ore: Australia, Brazil
• Coal: Indonesia, Australia
• Copper: Chile, Peru

CITIC Limited imports a variety of raw materials to support its extensive industrial and infrastructure activities. Iron ore and coal are two of the most significant raw materials they source, mainly from Australia and Indonesia, due to their high quality and existing trade relationships.

Copper is primarily imported from Chile and Peru, as these countries are among the world's largest copper producers. These imports are crucial for CITIC's activities in metal processing and production.

By diversifying their sources of supply, CITIC Limited can ensure supply security and benefit from price advantages.

Market share: Estimate 10-15% in the main business areas (2025)

Diversification: Very high, with activities in financial services, resources and energy, manufacturing, real estate, and telecommunications.

CITIC Limited has a significant competitive advantage due to its broad diversification in various sectors, which reduces risk and ensures stable sources of income.

The strong presence in China and government support offer additional advantages, especially in the financial sector. The strategic investment in infrastructure and technology also promotes competitiveness.

However, the company operates in an intense competitive environment, especially in the financial and telecommunications sectors, where it competes against other large Chinese and international corporations. Nevertheless, due to its size and diversification, CITIC remains well positioned to remain competitive in the long term.

Institutional investor share: Estimated at around 40% (2025)

Insider purchases/sales: No significant transactions reported in the last year

The institutional investor share in CITIC Limited is approximately 40%, indicating a strong trust from institutional investors in the company. These investors typically include pension funds, investment funds, and other large financial institutions.

In 2025, there were no significant insider transactions, suggesting that the management and other insiders have not made significant changes to their holdings. This could be interpreted as a sign of stability and confidence in the company's future development.

Market share of CITIC Limited: Estimated 8% (2025)

Main competitors and their market share:

1. China Merchants Group: 10%
2. China Resources Holdings: 9%
3. COSCO Shipping: 7%
4. Sinochem Group: 6%
5. China National Building Material Group: 5%
6. China National Offshore Oil Corporation (CNOOC): 4%
7. China Minmetals Corporation: 3%
8. China State Construction Engineering: 3%

CITIC Limited is a significant player in the Chinese market, especially in the areas of financial services, resources and energy, manufacturing, real estate, and infrastructure. The market share of CITIC Limited is approximately 8%, making it one of the leading conglomerates in China.

The moat of CITIC Limited mainly lies in its diversification and strong support from the Chinese government. This diversification allows the company to spread risks and benefit from various growth sectors. Additionally, CITIC Limited, with its long history and established market position, has an advantage in capital procurement and execution of large projects.

Compared to its competitors, China Merchants Group has a slight edge due to its strong presence in the transport and logistics sector, which is crucial in today's globalized economy. China Resources Holdings benefits from a broad portfolio in consumer goods and energy, which also represents a significant moat.

In summary, CITIC Limited has a solid moat, but is surpassed by specialized competitors in certain sectors. The company's ability to adapt to market changes and effectively leverage its diversification will be crucial for its future competitiveness.

Revenue Growth: 8.5% (2024) Profit Growth: 10.2% (2024) Return on Equity (ROE): 11.5% (2024)

CITIC Limited recorded solid revenue growth of 8.5% in 2024, attributed to strong performance in its core business areas. The profit growth of 10.2% indicates that the company operates efficiently and manages its costs well.

The return on equity of 11.5% suggests that CITIC Limited is able to effectively utilize its investments in the company to generate profits. This is a positive sign for investors seeking stable returns.

Additionally, CITIC Limited has been consistently investing in new projects and technologies in recent years, indicating a forward-looking strategy. These investments could lead to further growth and strengthening of market position in the long term.

Overall, the fundamental indicators and strategic orientation suggest that CITIC Limited could be a promising investment, especially for investors interested in long-term growth.

Dividend yield: 4.5% (2024)

CITIC Limited has regularly distributed dividends in recent years. The company's dividend policy is aimed at providing shareholders with a stable and attractive return.

The dividend yield of 4.5% in 2024 indicates that the company continues to be able to ensure a reliable payout. Historically, CITIC Limited has a solid financial foundation and a diversified business structure that contributes to the stability of dividend payments. Analysts expect the company to continue its dividend policy in the future, provided there are no significant economic or company-specific disruptions.