Zhongtai Securities Co., Ltd. (SHA:600918)

Zhongtai Securities Statistics

Total Valuation

SHA:600918 has a market cap or net worth of CNY 48.17 billion.

Market Cap	48.17B
Enterprise Value	n/a

Important Dates

The last earnings date was Friday, October 31, 2025.

Earnings Date	Oct 31, 2025
Ex-Dividend Date	Jun 12, 2025

Share Statistics

SHA:600918 has 6.92 billion shares outstanding. The number of shares has decreased by -4.18% in one year.

Current Share Class	6.92B
Shares Outstanding	6.92B
Shares Change (YoY)	-4.18%
Shares Change (QoQ)	-15.17%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	8.31%
Float	2.33B

Valuation Ratios

The trailing PE ratio is 31.99 and the forward PE ratio is 34.80.

PE Ratio	31.99
Forward PE	34.80
PS Ratio	3.92
PB Ratio	1.05
P/TBV Ratio	1.14
P/FCF Ratio	11.61
P/OCF Ratio	10.51
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.32, with a Debt / Equity ratio of 2.04.

Current Ratio	1.32
Quick Ratio	1.13
Debt / Equity	2.04
Debt / EBITDA	n/a
Debt / FCF	22.65
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 4.30%.

Return on Equity (ROE)	4.30%
Return on Assets (ROA)	0.87%
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	1.27M
Profits Per Employee	179,790
Employee Count	9,648
Asset Turnover	0.05
Inventory Turnover	n/a

Taxes

In the past 12 months, SHA:600918 has paid 609.01 million in taxes.

Income Tax	609.01M
Effective Tax Rate	23.78%

Stock Price Statistics

The stock price has decreased by -4.79% in the last 52 weeks. The beta is 0.65, so SHA:600918's price volatility has been lower than the market average.

Beta (5Y)	0.65
52-Week Price Change	-4.79%
50-Day Moving Average	6.99
200-Day Moving Average	6.55
Relative Strength Index (RSI)	50.37
Average Volume (20 Days)	27,187,402

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, SHA:600918 had revenue of CNY 12.29 billion and earned 1.73 billion in profits. Earnings per share was 0.22.

Revenue	12.29B
Gross Profit	4.45B
Operating Income	2.66B
Pretax Income	2.56B
Net Income	1.73B
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	0.22

Balance Sheet

The company has 119.66 billion in cash and 94.02 billion in debt, giving a net cash position of 25.63 billion or 3.70 per share.

Cash & Cash Equivalents	119.66B
Total Debt	94.02B
Net Cash	25.63B
Net Cash Per Share	3.70
Equity (Book Value)	46.01B
Book Value Per Share	5.53
Working Capital	46.84B

Cash Flow

In the last 12 months, operating cash flow was 4.58 billion and capital expenditures -431.03 million, giving a free cash flow of 4.15 billion.

Operating Cash Flow	4.58B
Capital Expenditures	-431.03M
Free Cash Flow	4.15B
FCF Per Share	0.60

Margins

Gross margin is 36.22%, with operating and profit margins of 21.68% and 14.12%.

Gross Margin	36.22%
Operating Margin	21.68%
Pretax Margin	20.84%
Profit Margin	14.12%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	33.77%

Dividends & Yields

This stock pays an annual dividend of 0.05, which amounts to a dividend yield of 0.73%.

Dividend Per Share	0.05
Dividend Yield	0.73%
Dividend Growth (YoY)	16.67%
Years of Dividend Growth	1
Payout Ratio	93.09%
Buyback Yield	4.18%
Shareholder Yield	4.90%
Earnings Yield	3.60%
FCF Yield	8.62%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	6