XSHG601066
Market cap24bUSD
Dec 20, Last price
27.31CNY
1D
2.28%
1Q
37.44%
IPO
218.30%
Name
China Securities Co Ltd
Chart & Performance
Profile
CSC Financial Co., Ltd., together with its subsidiaries, provides investment banking services in Mainland China and internationally. The company operates through four segments: Investment Banking, Wealth Management, Trading and Institutional Client Services, and Asset Management. The Investment Banking segment offers financial advisory, sponsoring, and equity and debt securities underwriting services. The Wealth Management segment provides brokerage agency services for corporate and personal clients in the trading of equity stocks, funds, bonds, and futures, as well as margin financing and securities lending services. The Trading and Institutional Client Services segment trades in financial products; and offers brokerage agency services for financial institutions in the trading of equity stocks, funds, and bonds, as well as margin financing and securities lending services. This segment also provides services in relation to the sale of financial products to institutional clients, and specialized research and advisory services. The Asset Management segment develops asset management and fund management products, as well as offers private placement offerings and related services. The company was formerly known as China Securities Finance Co., Ltd. CSC Financial Co., Ltd. was founded in 2005 and is based in Beijing, China.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 25,296,784 -8.19% | 27,553,218 -7.76% | 29,869,874 27.98% | |||||||
Cost of revenue | 10,025,670 | 15,256,651 | 14,394,959 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 15,271,114 | 12,296,566 | 15,474,915 | |||||||
NOPBT Margin | 60.37% | 44.63% | 51.81% | |||||||
Operating Taxes | 1,324,423 | 1,954,768 | 2,785,763 | |||||||
Tax Rate | 8.67% | 15.90% | 18.00% | |||||||
NOPAT | 13,946,691 | 10,341,798 | 12,689,152 | |||||||
Net income | 7,034,486 -6.45% | 7,519,428 -26.56% | 10,238,703 7.67% | |||||||
Dividends | (3,063,894) | (2,908,761) | ||||||||
Dividend yield | 1.66% | 1.28% | ||||||||
Proceeds from repurchase of equity | 10,006,000 | 5,000,000 | ||||||||
BB yield | -5.43% | -2.20% | ||||||||
Debt | ||||||||||
Debt current | 169,540,895 | 152,171,420 | 127,904,289 | |||||||
Long-term debt | 130,799,097 | 134,551,328 | 135,224,403 | |||||||
Deferred revenue | 132,398,189 | |||||||||
Other long-term liabilities | (133,923,505) | |||||||||
Net debt | (22,941,851) | (180,880,899) | (141,731,560) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 5,891,728 | 39,990,032 | 11,119,419 | |||||||
CAPEX | (1,077,768) | |||||||||
Cash from investing activities | (28,603,365) | 1,796,774 | ||||||||
Cash from financing activities | 10,839,506 | 134,809 | 12,511,585 | |||||||
FCF | (126,723,881) | 12,044,315 | 10,531,553 | |||||||
Balance | ||||||||||
Cash | 28,986,360 | 206,601,589 | 192,325,247 | |||||||
Long term investments | 294,295,482 | 261,002,058 | 212,535,005 | |||||||
Excess cash | 322,017,003 | 466,225,986 | 403,366,758 | |||||||
Stockholders' equity | 60,202,879 | 95,572,028 | 65,068,785 | |||||||
Invested Capital | 632,090,204 | 388,602,309 | 363,340,191 | |||||||
ROIC | 2.73% | 2.75% | 3.94% | |||||||
ROCE | 2.21% | 2.53% | 3.60% | |||||||
EV | ||||||||||
Common stock shares outstanding | 7,756,695 | 7,756,695 | 7,756,695 | |||||||
Price | 23.66 -0.38% | 23.75 -18.80% | 29.25 -30.36% | |||||||
Market cap | 183,523,404 -0.38% | 184,221,501 -18.80% | 226,883,323 -29.35% | |||||||
EV | 160,629,913 | 30,574,812 | 85,339,591 | |||||||
EBITDA | 16,358,542 | 13,272,264 | 16,175,019 | |||||||
EV/EBITDA | 9.82 | 2.30 | 5.28 | |||||||
Interest | 8,406,079 | 7,141,940 | 7,234,074 | |||||||
Interest/NOPBT | 55.05% | 58.08% | 46.75% |