Guotai Junan Securities Co Ltd

Chart & Performance

D1W1MN

P/E

16.45

P/S

3.58

EPS

1.14

Div Yield, %

3.06%

Shrs. gr., 5y

-1.14%

Rev. gr., 5y

13.79%

Revenues

35.13b

+1.18%

Net income

9.37b

-18.55%

CFO

7.20b

-85.80%

Dividend

Jun 28, 20240.4 CNY/sh

Earnings

Mar 24, 2025

Profile

Guotai Junan Securities Co., Ltd. provides various financial services for individuals and institutional clients in Mainland China, Hong Kong, and internationally. It operates through Wealth Management Business, Investment Banking Business, Institutional and Trading Business, Investment Management Business, and International Business segments. The company offers securities and futures brokerage, financial products, investment advisory, margin financing and securities lending, securities repurchase, and stock pledging and other services; listing sponsorship, equity underwriting, debt underwriting, structured debt financing, M&A financial advisory, and diversified corporate solutions to corporate and governmental clients; institutional brokerage, trading, investment and equity investment, seat leasing, custody and outsourcing, QFII, and other services; and investment transactions in stocks, fixed income, foreign exchange, and commodities and their derivative financial instruments, as well as integrated financial solutions for clients' investment, financing, and risk management. It also provides asset management and fund management services; and brokerage, corporate finance, asset management, and loans and financing services, as well as financial products, and market making and investment services. In addition, the company offers real estate and property management, warehouse service, corporate management consulting, venture capital investment and management, investment management, industrial investment, and investment consulting services. The company was founded in 1992 and is based in Shanghai, China.

URL

https://www.gtja.com/

IPO date

Jun 26, 2015

Employees

14,683

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	35,128,638 1.18%	34,719,681 -17.82%	42,249,814 20.64%
Cost of revenue	15,398,066	20,403,214	21,137,251
Unusual Expense (Income)
NOPBT	19,730,573	14,316,467	21,112,563
NOPBT Margin	56.17%	41.23%	49.97%
Operating Taxes	2,262,481	2,518,802	3,809,739
Tax Rate	11.47%	17.59%	18.04%
NOPAT	17,468,091	11,797,665	17,302,824
Net income	9,374,144 -18.55%	11,508,785 -23.34%	15,013,480 34.99%
Dividends	(11,214,218)	(6,056,537)	(4,983,132)
Dividend yield	8.33%	4.76%	3.01%
Proceeds from repurchase of equity	(14,188)
BB yield	0.01%
Debt
Debt current	297,344,567	245,688,560	261,829,079
Long-term debt	125,001,173	168,105,852	192,607,251
Deferred revenue	256,968	470,701	255,327
Other long-term liabilities	627,825,272	(9,105,695)	(366,635)
Net debt	(103,068,877)	(347,029,795)	(255,996,392)
Cash flow
Cash from operating activities	7,203,619	50,732,458	10,365,806
CAPEX	(1,165,432)	(1,784,313)	(853,839)
Cash from investing activities	(26,260,222)	(11,515,618)	(33,717,304)
Cash from financing activities	5,942,906	(34,635,068)	28,440,174
FCF	(182,222,384)	71,511,601	10,513,103
Balance
Cash	30,739,910	343,069,124	339,643,946
Long term investments	494,674,708	417,755,083	370,788,776
Excess cash	523,658,185	759,088,223	708,320,231
Stockholders' equity	73,819,611	160,797,813	97,017,946
Invested Capital	1,148,772,301	785,073,588	840,566,799
ROIC	1.81%	1.45%	2.18%
ROCE	1.61%	1.51%	2.25%
EV
Common stock shares outstanding	9,047,308	9,355,407	9,267,580
Price	14.88 9.49%	13.59 -24.04%	17.89 2.05%
Market cap	134,623,937 5.89%	127,139,977 -23.32%	165,797,007 1.19%
EV	37,963,817	(157,079,571)	(85,558,198)
EBITDA	21,218,116	15,524,012	22,246,464
EV/EBITDA	1.79
Interest	12,832,969	10,822,099	10,162,411
Interest/NOPBT	65.04%	75.59%	48.13%