YOLFTbeta
Western Securities Co Ltd

Western Securities Co Ltd

002673 · SHE · Financial Services / Capital Markets

6.03CNY-0.08 (-1.31%)

Price History

Full chart

Market Stats

Previous Close6.11
Open6.11
Day Range6.03 – 6.12
52-Week Range6.16 – 8.68
Volume17.43M
Market Cap29.45B
P/E (TTM)14.64
Forward P/E0.00
EPS0.45
Dividend Yield2.88%
Beta0.48
50-Day Avg6.72
200-Day Avg7.18

About

Western Securities Co.,Ltd. engages in brokerage, proprietary, investment banking, asset management, and credit trading businesses in China. It provides securities brokerage; securities investment; alternative securities investment; securities sponsorship, underwriting, and consulting; margin trading and repurchase transaction financing; entrusted asset management; private asset management; fund management; research and consulting; and bulk commodity trading services. The company also engages in fixed income; and SME financing service business. Western Securities Co.,Ltd. was incorporated in 2001 and is headquartered in Xi'an, China.

Company Details

  • SectorFinancial Services
  • IndustryCapital Markets
  • CEOMr. Bing Qi
  • Employees4.69K
  • HeadquartersBuilding No. 8, Xi'an, China, China
  • Websitehttps://www.westsecu.com

Leadership

  • Mr. Bing QiGeneral Manager · b. 1972
  • Mr. Yongjun ZhangChief Financial Officer · b. 1967
  • Mr. Yuyang HuangChief Information Officer · b. 1986
  • Mr. Wei ChenCompliance Director & Chief Risk Officer · b. 1972
  • Mr. Xing YuanSecretary · b. 1986
  • Jian Xian YangAccounting Supervisor
  • Ms. Li QuChief Legal Counsel · b. 1980
  • Mr. Qinghai LiuChief Strategy & Human Resources Officer · b. 1981
  • Mr. Ying Hua ZhaoDeputy General Manager · b. 1985
  • Mr. Xing YuanBoard Secretary

Financials

Income Statement

Currency: CNY2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.64B1.02B1.77B1.60B1.09B824.45M1.15B1.95B5.64B3.40B3.17B2.24B4.31B5.75B7.56B6.52B8.17B7.84B5.98B
Growth (%)--61.18%+73.31%-10.11%-31.42%-24.64%+40.03%+69.27%+188.67%-39.71%-6.80%-29.28%+92.39%+33.23%+31.65%-13.75%+25.28%-4.06%-23.68%
Cost of Revenue--31.07M36.78M39.58M24.72M39.01M-2.61B1.85B1.63B1.44B615.87M565.80M821.38M1.22B1.29B1.13B-
Gross Profit2.64B1.02B1.74B1.56B1.05B799.73M1.12B1.95B5.64B3.40B3.17B2.24B3.70B5.18B6.74B5.31B6.89B6.71B5.98B
Gross Margin100.00%100.00%98.25%97.69%96.38%97.00%96.62%100.00%100.00%100.00%100.00%100.00%85.72%90.15%89.14%81.33%84.24%85.55%100.00%
Operating Expense644.90M487.37M692.78M846.98M747.02M634.07M737.05M1.06B2.99B1.93B2.19B2.00B2.95B3.67B4.87B4.72B5.35B4.97B3.72B
Operating Income1.99B536.70M1.05B711.63M307.44M165.66M378.40M890.51M2.65B1.47B983.71M244.94M747.22M1.51B1.88B585.62M1.53B1.74B2.27B
Operating Margin75.56%52.41%59.22%44.61%28.10%20.09%32.78%45.57%46.93%43.21%31.04%10.93%17.33%26.25%24.80%8.98%18.74%22.19%37.91%
EBITDA2.03B571.24M1.09B752.60M352.21M210.06M420.45M931.06M2.69B1.52B1.04B316.52M821.72M1.58B2.06B802.82M1.75B-2.27B
EBITDA Margin76.91%55.78%61.41%47.17%32.19%25.48%36.42%47.65%47.74%44.81%32.96%14.12%19.05%27.45%27.21%12.31%21.44%-37.87%
Net Income1.26B399.92M791.58M537.08M223.24M118.90M275.15M663.85M1.97B1.12B752.27M200.43M610.16M1.12B1.41B430.53M1.17B1.40B1.75B
Net Income Margin47.74%39.05%44.60%33.66%20.40%14.42%23.83%33.97%34.97%33.07%23.73%8.94%14.15%19.44%18.64%6.60%14.26%17.90%29.30%
Interest Expense--31.07M36.78M39.58M24.72M39.01M00000615.87M565.80M821.38M1.22B1.29B1.13B1.00B
Interest Expense % of Total Revenue--1.75%2.31%3.62%3.00%3.38%0.00%0.00%0.00%0.00%0.00%14.28%9.85%10.86%18.67%15.76%14.45%16.74%

Balance Sheet

Currency: CNY2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets12.68B7.62B14.81B12.42B9.87B10.56B11.42B28.92B58.24B54.18B51.24B52.27B48.60B64.43B85.12B95.81B96.22B95.96B121.66B
Total Liabilities9.89B5.62B11.97B9.30B6.70B6.10B6.78B23.50B46.04B41.71B33.59B34.84B30.86B38.32B57.91B68.65B68.10B66.95B89.63B
Total Equity2.79B1.99B2.83B3.11B3.17B4.45B4.65B5.35B12.14B12.41B17.59B17.36B17.66B26.02B27.10B27.02B27.94B28.81B30.14B
Cash11.09B6.60B13.39B10.39B7.69B8.13B7.42B17.92B32.44B25.17B19.41B16.79B21.03B32.57B29.02B27.28B26.87B39.71B53.20B
Total Debt------222.00M5.22B10.39B11.78B6.30B4.55B3.80B9.11B18.68B25.26B23.17B24.00B-
Net Debt-11.09B-6.60B-13.39B-10.39B-7.69B-8.13B-7.20B-12.69B-22.05B-13.39B-13.11B-12.24B-17.23B-23.46B-10.34B-2.02B-3.70B-15.71B-

Cash Flow

Currency: CNY2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow6.84B-2.80B6.75B-2.50B-2.65B-818.23M-1.35B3.88B-99.16M-5.24B-4.45B3.17B3.00B-1.14B-13.72B-4.75B250.71M12.09B2.22B
Investing Cash Flow-137.29M31.94M-67.87M-158.62M-61.15M-25.14M-230.95M-28.37M-156.90M-119.50M-357.80M-63.47M-85.73M-110.11M-196.21M-105.24M-147.21M-3.63B-
Financing Cash Flow-350.00M-875.63M--350.00M-10.40M1.14B-84.00M3.23B11.54B-279.57M-937.14M-3.77B-530.68M11.21B7.73B4.16B-1.83B-864.83M-
Capital Expenditure67.99M61.28M67.93M58.24M61.41M34.09M165.37M110.93M118.19M71.54M211.89M59.10M89.21M108.89M197.61M198.49M231.21M191.95M149.24M
Free Cash Flow6.77B-2.86B6.68B-2.56B-2.71B-852.31M-1.52B3.77B-217.35M-5.31B-4.67B3.11B2.91B-1.25B-13.92B-4.94B19.51M11.90B2.07B
Dividends Paid350.00M875.63M-350.00M-540.00M84.00M95.46M393.53M1.18B775.63M514.10M338.02M375.10M339.69M478.25M766.13M1.11B1.11B
FCF to OCF99.01%102.19%98.99%102.33%102.32%104.17%112.23%97.14%219.20%101.37%104.76%98.14%97.02%109.56%101.44%104.18%7.78%98.41%93.28%
Dividend Paid to FCF5.17%-30.61%--13.67%--63.36%-5.54%2.53%-181.05%-22.30%-16.62%16.52%11.62%-30.07%-2.44%-9.67%3927.60%9.36%53.57%

Earnings

Report DateJun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Oct 24, 2014Feb 27, 2015Apr 27, 2015Jul 9, 2015Oct 27, 2015Jan 27, 2016Apr 20, 2016Jul 23, 2016Oct 23, 2016Jan 25, 2017Apr 25, 2017Aug 15, 2017Oct 29, 2017Dec 31, 2017Apr 19, 2018Aug 22, 2018Oct 29, 2018Feb 24, 2019Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Apr 29, 2020Aug 27, 2020Oct 23, 2020Dec 31, 2020Apr 21, 2021Aug 26, 2021Oct 28, 2021Dec 31, 2021Apr 28, 2022Aug 26, 2022Oct 26, 2022Dec 31, 2022Apr 25, 2023Aug 23, 2023Oct 24, 2023Mar 8, 2024Apr 23, 2024Aug 22, 2024Oct 30, 2024Dec 31, 2024Apr 24, 2025Jun 30, 2025Oct 28, 2025Dec 31, 2025Apr 22, 2026Jun 30, 2026
EPS Estimate--------------0.18------0.18-----------------------------------
EPS Actual0.040.02-0.020.050.010.030.000.030.030.100.090.160.310.070.080.090.100.110.060.060.070.080.010.050.030.03-0.040.17-0.030.020.030.070.110.080.040.060.100.060.09-0.000.080.03-0.020.080.080.040.060.040.100.020.150.070.110.100.110.060.17
Surprise---------------55.56%-------55.56%-----------------------------------
Timing---------Pre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hours-Pre-marketPre-marketAfter-hoursAfter-hours--------Pre-marketAfter-hoursPre-market-Pre-marketAfter-hoursPre-market-Pre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hours-Pre-market-Pre-market-Pre-market-

Key Statistics & Ratios

Market Cap29.45B
Enterprise Value28.06B
Trailing P/E14.64
Forward P/E0.00
PEG Ratio0.00
Price / Sales4.30
Price / Book1.00
EPS0.45
Book Value6.78
Revenue (TTM)6.85B
Gross Profit (TTM)3.73B
Profit Margin29.24%
Operating Margin48.55%
Return on Equity6.85%
Return on Assets1.67%
Shares Outstanding4.47B
Shares Float4.46B
Beta0.48
Dividend Yield2.88%
Dividend Rate0.19
Payout Ratio26.73%

Dividends

20262×
0.01Oct 23, 20260.09Jun 5, 2026
20254×
0.02Dec 23, 20250.01Oct 28, 20250.07Jun 20, 20250.02Jan 22, 2025
20242×
0.01Oct 24, 20240.09Jun 26, 2024
20231×
0.05Jun 28, 2023
20221×
0.11Jun 28, 2022
20211×
0.08Jun 25, 2021
20201×
0.06Jun 11, 2020
20191×
0.06Jul 11, 2019
20181×
0.07Jun 22, 2018
20171×
0.11Jun 16, 2017
20161×
0.19Jun 17, 2016
20151×
0.07Jun 12, 2015
20141×
0.03Jun 13, 2014
20131×
0.03Jul 4, 2013
20121×
0.20Dec 11, 2012

Stock Splits

  • Jun 12, 201520:10