Global 500

Rank
172
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CITIC Group

G500 2017—CITIC Group.jpg
Pedestrians walk past a branch of China CITIC Bank in Kunming city, southwest China's Yunnan province, 28 March 2016. China CITIC Bank Corp Ltd has launched a Canadian lawsuit to try to seize the assets of a Chinese citizen the bank claims took out a multimillion-dollar loan in China then fled to Canada, the lender's Vancouver-based lawyer said on Monday (27 June 2016). The bank is looking to seize numerous Vancouver-area homes, valued at some $7.3-million, along with other assets, according to the lawsuit, which was filed in the Supreme Court of British Columbia in Vancouver on Friday. The defendant, Shibiao Yan, owns three multimillion-dollar properties in a Vancouver suburb and lives in a $3-million Vancouver home owned by his wife, according to court documents.Li ming—Imaginechina/AP
  • Previous Rank
    156
  • Revenues ($M)
    52852
  • Revenue Percent Change
    -5.5
  • Profits ($M)
    3236.3
  • Profits Percent Change
    -14
  • Assets ($M)
    938261
  • Employees
    201263

Company Information

CEOChang Zhenming
SectorFinancials
IndustryDiversified Financials
HQ LocationBeijing, China
Websitewww.citicgroup.com.cn
Years on Global 500 List9
Employees201,263

Key Financials (Last Fiscal Year)

Revenues ($M)$52,852
Profits ($M)$3,236.3
Assets ($M)$938,261
Total Stockholder Equity ($M)$41,784

Profit Ratios

Profit as % of Revenues6.1%
Profits as % of Assets0.3%
Profits as % of Stockholder Equity7.7%