China Galaxy Securities Co Ltd

Chart & Performance

D1W1MN

P/E

8.24

P/S

3.65

EPS

1.07

Div Yield, %

2.51%

Shrs. gr., 5y

1.53%

Rev. gr., 5y

5.84%

Revenues

22.62b

-34.62%

Net income

10.03b

+27.31%

CFO

-6.47b

L-78.58%

Dividend

Jul 08, 20240.24112 HKD/sh

Profile

China Galaxy Securities Co., Ltd. provides various financial services in the People's Republic of China. Its Securities Brokerage segment offers securities dealing and broking; margin financing to margin clients; and securities lending services. The Company's Futures Brokerage segment is involved in futures dealing and broking, futures information consulting, and training activities. Its Proprietary Trading and Other Securities Trading Services segment engages in trading of equities, bonds, funds, derivatives, and other financial products. The Company's Investment Banking segment provides corporate financial services, including equity and debt securities underwriting, and financial advisory services to institutional clients. Its Asset Management segment offers portfolio management, investment advisory, and transaction execution services. The Company's Private Equity and Alternative Investment segment provides equity investments in private companies. Its Overseas Business segment offers securities and futures brokerage, securities research, investment banking, margin financing, money lending, asset management, and insurance brokerage services. The company serves various individual and institutional clients comprising multinational corporations, medium and small-sized enterprises, high-net-worth clients, and retail clients. As of December 31, 2021, it operated through a network of 37 branch offices and 501 securities branches. The company was incorporated in 2007 and is headquartered in Beijing, the People's Republic of China. China Galaxy Securities Co., Ltd. operates as a subsidiary of China Galaxy Financial Holdings Company Limited.

URL

http://www.chinastock.com.cn/

IPO date

May 22, 2013

Employees

13,411

Domiciled in

Incorporated in

Valuation

Order:

Title CNY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CNY in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	22,618,786 -34.62%	34,598,075 86.09%	18,592,475 -18.83%
Cost of revenue	1,299,691	27,584,872	5,053,014
Unusual Expense (Income)
NOPBT	21,319,095	7,013,203	13,539,461
NOPBT Margin	94.25%	20.27%	72.82%
Operating Taxes	487,708	249,639	209,391
Tax Rate	2.29%	3.56%	1.55%
NOPAT	20,831,387	6,763,564	13,330,070
Net income	10,030,838 27.31%	7,878,769 1.43%	7,767,550 -25.53%
Dividends	(4,275,654)	(3,069,864)	(3,142,550)
Dividend yield	2.57%	2.33%	3.15%
Proceeds from repurchase of equity
BB yield
Debt
Debt current			213,827,080
Long-term debt		3,391,460	155,897,306
Deferred revenue			(192,235)
Other long-term liabilities			(24,527,378)
Net debt	(588,623,169)	(375,387,748)	(131,424,951)
Cash flow
Cash from operating activities	(6,467,817)	(30,193,137)	28,825,542
CAPEX	(770,640)	(695,160)	(1,157,202)
Cash from investing activities	(4,054,584)	12,623,505	(24,811,024)
Cash from financing activities	8,321,203	17,031,013	2,458,105
FCF	20,490,720	6,813,660	13,071,972
Balance
Cash	204,040,247	19,116,800	176,106,358
Long term investments	384,582,922	359,662,408	325,042,980
Excess cash	587,492,230	377,049,304	500,219,714
Stockholders' equity	43,800,893	41,231,823	89,587,146
Invested Capital	693,669,798	621,973,474	619,450,247
ROIC	3.17%	1.09%	2.32%
ROCE	2.89%	1.06%	1.91%
EV
Common stock shares outstanding	10,934,402	10,934,402	10,746,288
Price	15.23 26.39%	12.05 29.71%	9.29 -16.98%
Market cap	166,530,942 26.39%	131,759,544 31.98%	99,833,020 -11.99%
EV	(422,073,518)	(243,599,779)	(3,594,367)
EBITDA	22,481,095	8,112,016	14,509,882
EV/EBITDA
Interest	10,207,394	10,285,645	9,126,572
Interest/NOPBT	47.88%	146.66%	67.41%