GF Securities Co Ltd

Chart & Performance

D1W1MN

P/E

16.33

P/S

5.15

EPS

1.01

Div Yield, %

0.00%

Shrs. gr., 5y

1.83%

Rev. gr., 5y

8.41%

Revenues

22.12b

-8.57%

Net income

6.98b

-12.00%

CFO

-100.00%

Dividend

Jul 03, 20240.3 CNY/sh

Earnings

Mar 26, 2025

Profile

GF Securities Co., Ltd. provides capital market services for corporations, individuals, institutional investors, financial institutions, and government clients in the People's Republic of China. It operates through four segments: Investment Banking; Wealth Management; Trading and Institution; and Investment Management. The Investment Banking segment offers equity and debt finance; and financial advisory services, such as mergers and acquisition, and restructuring. The Wealth Management segment provides brokerage services to buy and sell stocks, bonds, mutual fund products, warrants, futures, and other tradable securities; and margin financing and securities lending, and repurchase transaction services, as well as financial leasing services. The Trading and Institution segment engages in trading and selling equity, fixed income, derivatives, as well as provision of transaction consultation and execution, investment research, asset custody, and broker services to institutional customers. The Investment Management segment offers asset management, mutual fund management, and public and private fund management services to clients. GF Securities Co., Ltd. was founded in 1991 and is headquartered in Guangzhou, the People's Republic of China.

URL

https://www.gf.com.cn/

IPO date

Jun 11, 1997

Employees

14,794

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	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	22,123,822 -8.57%	24,196,448 -26.19%	32,783,812 16.61%
Cost of revenue	(2,729,626)	16,004,415	17,981,590
Unusual Expense (Income)
NOPBT	24,853,448	8,192,033	14,802,221
NOPBT Margin	112.34%	33.86%	45.15%
Operating Taxes	881,519	1,489,785	2,908,940
Tax Rate	3.55%	18.19%	19.65%
NOPAT	23,971,929	6,702,248	11,893,282
Net income	6,977,799 -12.00%	7,929,283 -26.95%	10,854,116 8.13%
Dividends		(3,802,923)	(3,429,489)
Dividend yield		3.23%	1.83%
Proceeds from repurchase of equity
BB yield
Debt
Debt current		187,381,930	123,599,498
Long-term debt	64,370,292	178,113,166	180,837,805
Deferred revenue	115,859	93,691	111,173
Other long-term liabilities	477,798,161	(156,471,504)	(852,537)
Net debt	(335,061,732)	(208,733,732)	(197,033,878)
Cash flow
Cash from operating activities		50,021,767
CAPEX	(941,479)
Cash from investing activities	3,342,673		21,240,083
Cash from financing activities	1,636,388		31,018,688
FCF	201,350,986	(51,284,704)	55,190,946
Balance
Cash	23,976,538	260,022,007	256,733,081
Long term investments	375,455,486	314,206,821	244,738,100
Excess cash	398,325,833	573,019,005	499,831,991
Stockholders' equity	52,728,350	122,199,303	116,838,091
Invested Capital	629,004,284	659,155,640	533,156,157
ROIC	3.72%	1.12%	2.28%
ROCE	3.64%	1.05%	2.27%
EV
Common stock shares outstanding	8,406,987	7,612,196	7,621,088
Price	14.29 -7.75%	15.49 -37.01%	24.59 51.04%
Market cap	120,135,849 1.89%	117,912,922 -37.08%	187,402,546 51.04%
EV	(209,967,821)	(46,907,409)	32,685,588
EBITDA	25,735,161	8,967,853	15,513,808
EV/EBITDA			2.11
Interest	10,410,661	8,754,030	8,728,151
Interest/NOPBT	41.89%	106.86%	58.97%