Guolian Minsheng Securities Co., Ltd.

Guolian Minsheng Securities Co., Ltd.

1456.HK
Guolian Minsheng Securities Co., Ltd.HK flagHong Kong Stock Exchange
3.95
HKD
-0.06
- -
46.84BMarket Cap
Guolian Minsheng Securities Co., Ltd.
1456.HK
(Hong Kong Stock Exchange)

Recent

price

3.95

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.05
0.18
0.17
0.19
0.34
0.75
0.8
1.21
1.3
1.5
1.59
1.66
0.89
Revenue per Share
0.38
0.88
0.32
0.19
0.03
0.27
0.28
0.36
0.27
0.24
0.14
0.36
0.08
Basic EPS, GAAP
-0.46
-0.84
1.25
-2.1
0.44
0.61
-2.6
-2.79
0.27
0.21
2.83
-1.86
4.87
Free Cash Flow per Basic Share
0.03
0.06
0.4
0.14
- -
0.05
- -
0.11
0.33
0.27
0.14
0.06
0.09
Dividend per Share
1.41
2.42
1.95
1.94
1.95
2.09
2.32
2.29
2.1
2.3
2.25
1.82
2.26
Book Value per Share
2.27
4.8
4.14
3.98
4
4.21
5.02
6.55
5.9
5.8
6.11
6.79
6.2
Tangible Book Value per Share
1,902
1,668
1,902
1,902
1,902
1,902
2,101
2,492
2,832
2,832
2,832
5,619
2,734
Basic Weighted Avg Shares
101
295
329
363
651
1,435
1,679
3,019
3,672
4,251
4,511
9,347
2,430
Sales/Revenue/Turnover
-876.26
-399.98
-252.61
-147.36
-34.26
23.12
22.85
35.11
66.42
38.48
41.99
33.79
43.12
Operating Margin (%)
43
44
54
57
64
140
160
174
174
247
281
409
6,643
Depreciation Expense
715
1,471
610
361
51
521
588
889
767
671
397
2,009
214
Net Income, GAAP
24.17
24.72
25.15
27.68
29.4
24.06
25.39
24.27
20.52
18.28
- -
17.79
18.96
Effective Tax Rate (%)
711.15
498.44
185.41
99.67
7.77
36.32
35.02
29.44
20.89
15.79
8.81
21.49
8.81
Profit Margin (%)
6,088
8,623
7,615
9,363
10,456
9,387
15,384
19,390
32,895
29,162
31,008
44,754
29,944
Working Capital
2,150
1,800
1,500
3,800
4,200
2,408
7,418
11,592
20,463
16,160
18,933
22,455
17,924
LT Debt
4,349
8,029
7,896
7,593
7,649
8,067
10,594
16,381
16,761
18,124
18,948
52,872
18,621
Total Equity
- -
-8.59
-4.96
-3.03
-1.1
1.74
1.46
2.7
5.31
3.27
- -
2.95
6.51
Return on Invested Capital (%)
- -
23.29
9.26
6.2
3.28
7.65
6.96
7.45
6.36
5.67
- -
5.65
3.65
Return on Capital (%)
- -
43.82
15.74
9.75
1.37
13.56
13.28
16.79
13.17
10.78
6.17
24.2
3.35
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
351
55
9,478
LT Borrowings
30,376
28,961
17,800
LT Finance Leases
135
233
125
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,832
2,832
2,832
Market Capitalization
8,777
7,879
7,330

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
71,755
79,317
79,082
Cash, Cash Equivalents & STI
49,674
57,241
60,185
Accounts Receivable, Net
1,268
314
298
Inventories
- -
- -
- -
Total Current Liabilities
25,192
32,555
49,138
Payables & Accruals
- -
- -
- -
ST Debt
351
55
9,478
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
28.07%
49.73%
179.04%
Free Cash Flow
-25.04%
188.36%
-230.37%
Net Income, GAAP
114.77%
77.94%
405.49%
Sales/Revenue/Turnover
46.92%
46.11%
107.19%
Total Cash Common Dividend
- -
67.9%
-20.89%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1,202
1,092
709
- -
4,251
2024
-220
1,941
- -
- -
4,511
2025
- -
- -
- -
- -
9,347

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.07
- -
- -
- -
0.24
2024
-0.08
- -
- -
- -
0.14
2025
- -
- -
- -
- -
0.36

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.09
- -
- -
- -
0.27
2024
0.09
- -
- -
- -
0.14
2025
- -
- -
- -
- -
0.06
Business
Guolian Minsheng Securities Co., Ltd. (1456.HK) operates as a comprehensive securities firm providing a range of financial services including securities brokerage, investment banking, asset management, proprietary trading, and financial advisory services. The company offers products such as equity trading, fixed income securities, margin financing, wealth management solutions, corporate finance advisory, underwriting services for IPOs and bond issuances, and research reports across various asset classes. It serves institutional investors, high-net-worth individuals, and retail clients primarily in China, with operations focused on mainland markets through its headquarters in Beijing, China, where it was founded in 2010 as a joint venture between Guolian Securities and Minsheng Bank. Guolian Minsheng Securities maintains a network of branches across major Chinese cities, emphasizing digital platforms for online trading and robo-advisory services to enhance client accessibility. The firm operates within the securities and investment banking segments of the financial services industry, targeting corporate clients for mergers and acquisitions advisory alongside individual investors for fund distribution and private banking. No significant subsidiaries are reported, though it leverages parent affiliations with Guolian Group and China Minsheng Banking Corp., Ltd. for strategic support. In recent developments, Guolian Minsheng Securities expanded its asset management division in 2024 through a strategic partnership with a leading fintech firm to launch AI-driven investment products. The company completed a major acquisition of a regional brokerage in early 2025, bolstering its presence in southern China and increasing its market share in equity underwriting by 15%. Additionally, it announced a new service offering in sustainable finance bonds in late 2024, aligning with China's green economy initiatives.