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

Zhongtai Securities Statistics

Total Valuation

SHA:600918 has a market cap or net worth of CNY 48.38 billion.

Market Cap	48.38B
Enterprise Value	n/a

Important Dates

The last earnings date was Saturday, August 30, 2025.

Earnings Date	Aug 30, 2025
Ex-Dividend Date	Jun 12, 2025

Share Statistics

SHA:600918 has 6.92 billion shares outstanding. The number of shares has increased by 6.42% in one year.

Current Share Class	6.92B
Shares Outstanding	6.92B
Shares Change (YoY)	+6.42%
Shares Change (QoQ)	+13.68%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	8.17%
Float	2.33B

Valuation Ratios

The trailing PE ratio is 47.41 and the forward PE ratio is 34.95.

PE Ratio	47.41
Forward PE	34.95
PS Ratio	4.44
PB Ratio	1.06
P/TBV Ratio	1.16
P/FCF Ratio	2.12
P/OCF Ratio	2.08
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 1.24, with a Debt / Equity ratio of 1.99.

Current Ratio	1.24
Quick Ratio	1.00
Debt / Equity	1.99
Debt / EBITDA	n/a
Debt / FCF	3.96
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 3.13%.

Return on Equity (ROE)	3.13%
Return on Assets (ROA)	0.67%
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	1.13M
Profits Per Employee	129,283
Employee Count	9,648
Asset Turnover	0.05
Inventory Turnover	n/a

Taxes

In the past 12 months, SHA:600918 has paid 385.45 million in taxes.

Income Tax	385.45M
Effective Tax Rate	21.47%

Stock Price Statistics

The stock price has increased by +25.72% in the last 52 weeks. The beta is 0.81, so SHA:600918's price volatility has been lower than the market average.

Beta (5Y)	0.81
52-Week Price Change	+25.72%
50-Day Moving Average	6.91
200-Day Moving Average	6.53
Relative Strength Index (RSI)	50.01
Average Volume (20 Days)	35,915,030

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 10.89 billion and earned 1.25 billion in profits. Earnings per share was 0.15.

Revenue	10.89B
Gross Profit	2.95B
Operating Income	1.82B
Pretax Income	1.80B
Net Income	1.25B
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	0.15

Balance Sheet

The company has 110.92 billion in cash and 90.48 billion in debt, giving a net cash position of 20.44 billion or 2.95 per share.

Cash & Cash Equivalents	110.92B
Total Debt	90.48B
Net Cash	20.44B
Net Cash Per Share	2.95
Equity (Book Value)	45.55B
Book Value Per Share	4.51
Working Capital	36.24B

Cash Flow

In the last 12 months, operating cash flow was 23.28 billion and capital expenditures -420.52 million, giving a free cash flow of 22.86 billion.

Operating Cash Flow	23.28B
Capital Expenditures	-420.52M
Free Cash Flow	22.86B
FCF Per Share	3.30

Margins

Gross margin is 27.07%, with operating and profit margins of 16.72% and 11.45%.

Gross Margin	27.07%
Operating Margin	16.72%
Pretax Margin	16.48%
Profit Margin	11.45%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	209.86%

Dividends & Yields

This stock pays an annual dividend of 0.05, which amounts to a dividend yield of 0.72%.

Dividend Per Share	0.05
Dividend Yield	0.72%
Dividend Growth (YoY)	16.67%
Years of Dividend Growth	1
Payout Ratio	173.81%
Buyback Yield	-6.42%
Shareholder Yield	-5.71%
Earnings Yield	2.58%
FCF Yield	47.24%

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	4