Zheshang Securities Co., Ltd. (SHA:601878)

Zheshang Securities Statistics

Total Valuation

SHA:601878 has a market cap or net worth of CNY 52.70 billion.

Market Cap	52.70B
Enterprise Value	n/a

Important Dates

The next estimated earnings date is Friday, October 31, 2025.

Earnings Date	Oct 31, 2025
Ex-Dividend Date	Aug 19, 2025

Share Statistics

SHA:601878 has 4.54 billion shares outstanding. The number of shares has increased by 6.38% in one year.

Current Share Class	4.54B
Shares Outstanding	4.54B
Shares Change (YoY)	+6.38%
Shares Change (QoQ)	-1.47%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	10.03%
Float	2.31B

Valuation Ratios

The trailing PE ratio is 22.43 and the forward PE ratio is 22.57. SHA:601878's PEG ratio is 1.31.

PE Ratio	22.43
Forward PE	22.57
PS Ratio	3.80
PB Ratio	1.14
P/TBV Ratio	1.52
P/FCF Ratio	6.60
P/OCF Ratio	6.35
PEG Ratio	1.31

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 1.71, with a Debt / Equity ratio of 1.59.

Current Ratio	1.71
Quick Ratio	1.49
Debt / Equity	1.59
Debt / EBITDA	n/a
Debt / FCF	9.19
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 6.63%.

Return on Equity (ROE)	6.63%
Return on Assets (ROA)	1.49%
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	2.62M
Profits Per Employee	433,138
Employee Count	5,302
Asset Turnover	0.08
Inventory Turnover	n/a

Taxes

In the past 12 months, SHA:601878 has paid 540.45 million in taxes.

Income Tax	540.45M
Effective Tax Rate	17.89%

Stock Price Statistics

The stock price has decreased by -12.24% in the last 52 weeks. The beta is 0.67, so SHA:601878's price volatility has been lower than the market average.

Beta (5Y)	0.67
52-Week Price Change	-12.24%
50-Day Moving Average	11.72
200-Day Moving Average	11.33
Relative Strength Index (RSI)	52.10
Average Volume (20 Days)	42,421,407

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:601878 had revenue of CNY 13.87 billion and earned 2.30 billion in profits. Earnings per share was 0.52.

Revenue	13.87B
Gross Profit	9.31B
Operating Income	2.94B
Pretax Income	3.02B
Net Income	2.30B
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	0.52

Balance Sheet

The company has 116.67 billion in cash and 73.42 billion in debt, giving a net cash position of 43.25 billion or 9.54 per share.

Cash & Cash Equivalents	116.67B
Total Debt	73.42B
Net Cash	43.25B
Net Cash Per Share	9.54
Equity (Book Value)	46.14B
Book Value Per Share	7.93
Working Capital	71.80B

Cash Flow

In the last 12 months, operating cash flow was 8.30 billion and capital expenditures -318.96 million, giving a free cash flow of 7.99 billion.

Operating Cash Flow	8.30B
Capital Expenditures	-318.96M
Free Cash Flow	7.99B
FCF Per Share	1.76

Margins

Gross margin is 67.12%, with operating and profit margins of 21.22% and 16.55%.

Gross Margin	67.12%
Operating Margin	21.22%
Pretax Margin	21.78%
Profit Margin	16.55%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	57.56%

Dividends & Yields

This stock pays an annual dividend of 0.20, which amounts to a dividend yield of 1.72%.

Dividend Per Share	0.20
Dividend Yield	1.72%
Dividend Growth (YoY)	7.14%
Years of Dividend Growth	1
Payout Ratio	67.72%
Buyback Yield	-6.38%
Shareholder Yield	-4.66%
Earnings Yield	4.36%
FCF Yield	15.15%

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	5