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

Zhongtai Securities Statistics

Total Valuation

SHA:600918 has a market cap or net worth of CNY 48.14 billion.

Market Cap	48.14B
Enterprise Value	n/a

Important Dates

The last earnings date was Tuesday, March 31, 2026.

Earnings Date	Mar 31, 2026
Ex-Dividend Date	n/a

Share Statistics

SHA:600918 has 7.92 billion shares outstanding. The number of shares has decreased by -6.46% in one year.

Current Share Class	7.92B
Shares Outstanding	7.92B
Shares Change (YoY)	-6.46%
Shares Change (QoQ)	+25.36%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	11.31%
Float	2.87B

Valuation Ratios

The trailing PE ratio is 33.78.

PE Ratio	33.78
Forward PE	n/a
PS Ratio	4.23
PB Ratio	0.91
P/TBV Ratio	1.00
P/FCF Ratio	4.33
P/OCF Ratio	4.16
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 1.41, with a Debt / Equity ratio of 1.74.

Current Ratio	1.41
Quick Ratio	1.23
Debt / Equity	1.74
Debt / EBITDA	n/a
Debt / FCF	8.28
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 3.41% and return on invested capital (ROIC) is 1.17%.

Return on Equity (ROE)	3.41%
Return on Assets (ROA)	0.70%
Return on Invested Capital (ROIC)	1.17%
Return on Capital Employed (ROCE)	n/a
Weighted Average Cost of Capital (WACC)	2.54%
Revenue Per Employee	1.18M
Profits Per Employee	148,707
Employee Count	9,648
Asset Turnover	0.05
Inventory Turnover	n/a

Taxes

In the past 12 months, SHA:600918 has paid 674.06 million in taxes.

Income Tax	674.06M
Effective Tax Rate	28.73%

Stock Price Statistics

The stock price has increased by +1.67% in the last 52 weeks. The beta is 0.57, so SHA:600918's price volatility has been lower than the market average.

Beta (5Y)	0.57
52-Week Price Change	+1.67%
50-Day Moving Average	6.28
200-Day Moving Average	6.66
Relative Strength Index (RSI)	46.25
Average Volume (20 Days)	25,672,538

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 11.38 billion and earned 1.43 billion in profits. Earnings per share was 0.18.

Revenue	11.38B
Gross Profit	11.38B
Operating Income	2.34B
Pretax Income	2.35B
Net Income	1.43B
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	0.18

Balance Sheet

The company has 136.64 billion in cash and 92.02 billion in debt, with a net cash position of 44.62 billion or 5.64 per share.

Cash & Cash Equivalents	136.64B
Total Debt	92.02B
Net Cash	44.62B
Net Cash Per Share	5.64
Equity (Book Value)	52.87B
Book Value Per Share	5.52
Working Capital	60.45B

Cash Flow

In the last 12 months, operating cash flow was 11.58 billion and capital expenditures -464.28 million, giving a free cash flow of 11.12 billion.

Operating Cash Flow	11.58B
Capital Expenditures	-464.28M
Depreciation & Amortization	n/a
Net Borrowing	2.14B
Free Cash Flow	11.12B
FCF Per Share	1.40

Margins

Gross margin is 100.00%, with operating and profit margins of 20.60% and 12.60%.

Gross Margin	100.00%
Operating Margin	20.60%
Pretax Margin	20.61%
Profit Margin	12.60%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	97.67%

Dividends & Yields

This stock pays an annual dividend of 0.05, which amounts to a dividend yield of 0.82%.

Dividend Per Share	0.05
Dividend Yield	0.82%
Dividend Growth (YoY)	-37.50%
Years of Dividend Growth	n/a
Payout Ratio	144.15%
Buyback Yield	6.46%
Shareholder Yield	7.29%
Earnings Yield	2.98%
FCF Yield	23.10%

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