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

Zheshang Securities Statistics

Total Valuation

SHA:601878 has a market cap or net worth of CNY 43.85 billion.

Market Cap	43.85B
Enterprise Value	n/a

Important Dates

The next confirmed earnings date is Saturday, April 18, 2026.

Earnings Date	Apr 18, 2026
Ex-Dividend Date	Feb 4, 2026

Share Statistics

SHA:601878 has 4.54 billion shares outstanding. The number of shares has increased by 27.71% in one year.

Current Share Class	4.54B
Shares Outstanding	4.54B
Shares Change (YoY)	+27.71%
Shares Change (QoQ)	+83.69%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	12.08%
Float	2.32B

Valuation Ratios

The trailing PE ratio is 18.25.

PE Ratio	18.25
Forward PE	n/a
PS Ratio	4.96
PB Ratio	0.93
P/TBV Ratio	1.24
P/FCF Ratio	n/a
P/OCF Ratio	n/a
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

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	1.83
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 6.81% and return on invested capital (ROIC) is 2.14%.

Return on Equity (ROE)	6.81%
Return on Assets (ROA)	n/a
Return on Invested Capital (ROIC)	2.14%
Return on Capital Employed (ROCE)	n/a
Weighted Average Cost of Capital (WACC)	2.73%
Revenue Per Employee	1.67M
Profits Per Employee	536,162
Employee Count	5,302
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, SHA:601878 has paid 617.44 million in taxes.

Income Tax	617.44M
Effective Tax Rate	17.84%

Stock Price Statistics

The stock price has decreased by -8.40% in the last 52 weeks. The beta is 0.70, so SHA:601878's price volatility has been lower than the market average.

Beta (5Y)	0.70
52-Week Price Change	-8.40%
50-Day Moving Average	10.19
200-Day Moving Average	11.04
Relative Strength Index (RSI)	44.65
Average Volume (20 Days)	23,437,711

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 8.84 billion and earned 2.84 billion in profits. Earnings per share was 0.53.

Revenue	8.84B
Gross Profit	3.46B
Operating Income	3.46B
Pretax Income	3.46B
Net Income	2.84B
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	0.53

Balance Sheet

The company has 116.57 billion in cash and 86.09 billion in debt, with a net cash position of 30.48 billion or 6.72 per share.

Cash & Cash Equivalents	116.57B
Total Debt	86.09B
Net Cash	30.48B
Net Cash Per Share	6.72
Equity (Book Value)	46.99B
Book Value Per Share	8.06
Working Capital	n/a

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Depreciation & Amortization	n/a
Net Borrowing	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 39.13%, with operating and profit margins of 39.13% and 32.15%.

Gross Margin	39.13%
Operating Margin	39.13%
Pretax Margin	39.14%
Profit Margin	32.15%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.17, which amounts to a dividend yield of 1.75%.

Dividend Per Share	0.17
Dividend Yield	1.75%
Dividend Growth (YoY)	-10.53%
Years of Dividend Growth	2
Payout Ratio	n/a
Buyback Yield	-27.71%
Shareholder Yield	-25.97%
Earnings Yield	6.48%
FCF Yield	n/a

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	1