YOLFTbeta
Zhongtai Securities Co Ltd

Zhongtai Securities Co Ltd

600918 · SHG · Financial Services / Capital Markets

5.19CNY+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close5.19
Open5.20
Day Range5.14 – 5.22
52-Week Range4.94 – 7.20
Volume25.48M
Market Cap42.92B
P/E (TTM)18.07
Forward P/E0.00
EPS0.30
Dividend Yield0.92%
Beta0.37
50-Day Avg5.58
200-Day Avg5.92

About

Zhongtai Securities Co., Ltd. operates as a securities company in China. It offers wealth management services, such as transaction service system, financial product and services system, and fintech platform; and capital intermediary services, including margin trading, securities lending and borrowing, stock-pledged repurchase transactions, repurchase agreements, and equity incentive financing, as well as option financing and coupon source position occupancy services. The company also provides income certificates and trust plans, securities investment funds, securities asset management plans, insurance asset management products, and futures asset management products; buyback offering product; custody and fund services comprising private equity funds and public funds, trading, clearing, reporting, and valuation. In addition, it offers equity financing, bond financing, asset securitization, mergers and acquisitions, and market capitalization management financial advisory; research services; and shareholding management. Further, the company is involved in the options and futures business; and propriety investment, market making, and OTC derivatives business. Additionally, it operates XTP, an instant trading platform; Zhongtai Qifutong application, SmartX, a specialized trading terminal, programmatic, algorithmic, grid trading, arbitrage, and backtesting research product; Shangyuan, an institutional service platform; shareholding integrated management platform; FundConnect, a wealth management platform; and management service platform. The company was formerly known as Qilu Securities Co., Ltd. Zhongtai Securities Co., Ltd. was founded in 2001 and is headquartered in Jinan, China.

Company Details

  • SectorFinancial Services
  • IndustryCapital Markets
  • CEOMr. Yidong Feng
  • Employees9.48K
  • HeadquartersHanyu Financial Business Center, Jinan, China, 250101, China
  • Websitehttps://www.zts.com.cn

Leadership

  • Mr. Yidong FengGM & Director · b. 1972
  • Ms. Jing ZhangFinancial Director · b. 1974
  • Mr. Yong ZhangChief Information Officer · b. 1968
  • Mr. Bing QiDirector of Compliance · b. 1968
  • Mr. Kainan HuChief Risk Officer · b. 1968
  • Mr. Zengyong HuDeputy General Manager · b. 1972
  • Mr. Hao ZhangDeputy GM & Board Secretary · b. 1977
  • Jian LiuAccounting Supervisor

Financials

Income Statement

Currency: CNY2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue90.63M296.08M5.14B2.68B5.66B4.55B3.04B3.00B4.06B5.85B15.02B8.32B8.09B10.27B12.85B13.00B16.21B12.50B15.91B13.85B11.38B
Growth (%)-+226.70%+1636.57%-47.78%+110.79%-19.63%-33.13%-1.51%+35.49%+44.21%+156.69%-44.63%-2.70%+26.91%+25.05%+1.22%+24.66%-22.85%+27.24%-12.94%-17.83%
Cost of Revenue6.63M9.56M--105.68M109.77M-----2.30B2.27B3.29B3.19B2.76B3.31B3.34B3.19B2.97B-
Gross Profit84.00M286.52M5.14B2.68B5.55B4.44B3.04B3.00B4.06B5.85B15.02B6.02B5.83B6.98B9.66B10.24B12.90B9.16B12.72B10.89B-
Gross Margin92.68%96.77%100.00%100.00%98.13%97.59%100.00%100.00%100.00%100.00%100.00%72.37%71.97%67.99%75.17%78.74%79.58%73.28%79.94%78.59%-
Operating Expense103.42M209.27M1.76B1.59B2.46B2.47B2.43B2.36B2.89B3.34B7.00B2.84B3.45B5.58B6.82B6.96B8.60B8.38B10.16B9.62B-
Operating Income-19.43M77.25M3.38B1.10B3.10B1.97B607.60M633.19M1.17B2.51B8.03B3.18B2.38B1.41B2.83B3.28B4.30B781.93M2.56B1.26B-
Operating Margin-21.44%26.09%65.68%40.94%54.70%43.23%19.98%21.14%28.91%42.93%53.43%38.26%29.37%13.70%22.06%25.19%26.52%6.25%16.07%9.11%-
EBITDA-19.43M99.06M3.47B1.21B3.23B2.11B757.62M782.51M1.32B2.64B8.16B3.34B2.56B1.61B3.03B3.48B4.74B1.29B3.13B1.85B-
EBITDA Margin-21.44%33.46%67.43%45.15%57.15%46.34%24.91%26.12%32.46%45.03%54.29%40.12%31.67%15.71%23.58%26.76%29.24%10.28%19.69%13.39%-
Net Income-19.43M42.67M2.10B816.33M2.32B1.45B434.01M454.93M869.63M1.87B6.06B2.45B1.80B1.01B2.25B2.53B3.20B590.21M1.80B937.29M1.43B
Net Income Margin-21.44%14.41%40.91%30.40%41.07%31.98%14.27%15.19%21.43%32.01%40.35%29.47%22.18%9.82%17.51%19.42%19.74%4.72%11.31%6.77%12.60%
Interest Expense6.63M9.56M--105.68M109.77M-----2.30B2.27B3.29B3.19B2.76B3.31B3.34B3.19B2.97B2.36B
Interest Expense % of Total Revenue7.32%3.23%--1.87%2.41%-----27.63%28.03%32.01%24.83%21.26%20.42%26.72%20.06%21.41%20.70%

Balance Sheet

Currency: CNY2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.46B4.48B32.94B24.77B44.96B42.48B33.51B33.45B37.95B84.27B136.01B123.03B132.24B135.96B146.61B174.51B204.69B198.89B195.66B224.69B253.53B
Total Liabilities902.67M2.42B28.61B15.45B33.96B31.72B22.39B21.89B25.95B69.74B103.83B90.23B98.10B103.20B111.61B140.08B167.53B159.22B153.33B179.43B200.66B
Total Equity561.69M2.04B4.28B9.27B10.91B10.75B11.11B11.43B11.86B14.35B31.35B31.56B32.77B31.59B33.91B33.28B35.79B38.19B39.93B42.72B49.38B
Cash829.36M3.12B23.59B19.54B29.91B30.07B18.66B1.28B7.57B24.44B30.79B61.66B55.30B45.81B54.16B67.86B81.91B87.89B104.25B9.94B161.87B
Total Debt-------200.00M3.97B12.71B25.21B27.81B48.64B45.16B43.57B83.45B64.42B63.81B89.27B96.76B-
Net Debt-829.36M-3.12B-23.59B-19.54B-29.91B-30.07B-18.66B-1.08B-3.60B-11.73B-5.58B-33.85B-6.66B-644.64M-10.59B-16.46B-17.49B-24.08B-14.98B86.81B-

Cash Flow

Currency: CNY2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.50B22.46B-7.60B15.30B391.82M-10.89B-1.79B-3.94B15.52B3.80B-2.32B-29.04B7.60B11.14B2.15B2.27B16.52B-724.28M27.72B11.58B
Investing Cash Flow-44.59M-798.73M-332.78M-287.16M-680.65M-928.95M-1.88B-743.37M-617.09M-13.07B-4.72B227.79M-5.76B724.08M1.77B-151.02M-6.43B896.98M-7.17B-
Financing Cash Flow1.04B3.89B371.16M-696.47M-1.59B2.07M-74.91M1.64B6.88B26.99B-4.03B18.49B-4.76B-5.73B4.13B8.56B-1.29B-4.37B72.05M-
Capital Expenditure8.32M628.48M474.83M195.60M653.77M220.93M155.98M433.19M183.16M304.25M486.05M484.06M212.52M151.44M210.12M2.50B1.70B938.46M411.60M464.28M
Free Cash Flow1.50B21.83B-8.08B15.11B-261.95M-11.11B-1.95B-4.38B15.34B3.50B-2.81B-29.53B7.39B10.99B1.94B-225.20M14.82B-1.66B27.30B11.12B
Dividends Paid--1.17B690.47M1.59B-282.51M282.77M175.81M1.04B2.66B2.54B2.35B2.58B2.18B2.71B2.61B2.37B2.41B2.07B
FCF to OCF99.45%97.20%106.25%98.72%-66.86%102.03%108.71%110.98%98.82%91.99%120.93%101.67%97.21%98.64%90.22%-9.91%89.70%229.57%98.51%95.99%
Dividend Paid to FCF---14.54%4.57%-607.02%--14.52%-6.46%1.15%29.63%-94.71%-8.61%31.76%23.44%112.43%-1203.98%17.64%-142.55%8.84%18.60%

Earnings

Report DateJun 1, 2020Aug 27, 2020Oct 29, 2020Dec 31, 2020Apr 23, 2021Aug 28, 2021Oct 28, 2021Mar 9, 2022Apr 28, 2022Aug 26, 2022Oct 28, 2022Mar 30, 2023Apr 14, 2023
EPS Estimate-------------
EPS Actual0.120.090.130.030.100.150.120.100.040.090.00-0.050.17
Surprise-------------
TimingAfter-hoursAfter-hoursPre-market-Pre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-market

Key Statistics & Ratios

Market Cap42.92B
Enterprise Value-33.39B
Trailing P/E18.07
Forward P/E0.00
Price / Sales3.18
Price / Book0.87
EPS0.30
Book Value5.68
Revenue (TTM)13.50B
Gross Profit (TTM)5.21B
Profit Margin18.34%
Operating Margin41.20%
Return on Equity5.64%
Return on Assets1.05%
Shares Outstanding7.92B
Shares Float2.92B
Beta0.37
Dividend Yield0.92%
Dividend Rate0.05
Payout Ratio0.00%

Dividends

20231×
0.03Aug 11, 2023
20221×
0.06Aug 4, 2022
20211×
0.11Jul 16, 2021