GF Securities Co., Ltd. Class A

GF Securities Co., Ltd. Class A

15.65
HKD
-0.56
(-3.45%)
180.74BMarket Cap
Oct 29Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.98
1.63
3.45
1.95
2.05
1.42
2.16
2.72
3.15
2.29
1.98
2.25
3.07
- -
Basic EPS, GAAP
0.35
0.63
1.38
0.77
0.83
0.41
0.73
0.97
1.04
0.75
0.61
0.85
1.24
- -
Free Cash Flow per Basic Share
-1.12
3.13
3.93
-2.07
-3.79
3.12
3.85
1.62
-2.69
4.67
-0.86
0.81
-2.57
- -
Dividend per Share
0.16
0.3
0.42
1.07
0.68
0.73
0.59
0.7
0.79
0.93
0.69
0.78
0.89
0.56
Book Value per Share
4.31
4.92
7.48
7.58
8.19
8.21
8.81
9.47
10.29
11.6
13.1
14.25
15.1
16.62
Tangible Book Value per Share
4.25
4.86
7.43
7.52
8.13
8.15
8.77
9.33
10.15
11.45
12.94
14.1
14.95
16.48
Basic Weighted Avg Shares
7,966
8,033
9,597
10,397
10,341
10,439
10,353
10,339
10,392
10,568
11,429
11,392
11,088
8,513
Sales/Revenue/Turnover
7,815
13,058
33,157
20,309
21,184
14,774
22,362
28,113
32,784
24,196
22,575
25,629
34,093
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
185
202
226
247
270
297
606
742
712
776
882
970
1,031
- -
Net Income, GAAP
2,813
5,023
13,201
8,030
8,595
4,300
7,539
10,038
10,854
7,929
6,978
9,637
13,702
- -
Effective Tax Rate (%)
19.12
22.61
23.55
21.45
21.99
22.86
21.08
20.8
19.44
14.34
10.08
11.03
16.81
- -
Profit Margin (%)
35.99
38.46
39.81
39.54
40.58
29.11
33.71
35.71
33.11
32.77
30.91
37.6
40.19
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
26,768
60,976
107,006
108,054
114,603
115,392
105,817
136,268
180,274
177,612
179,405
195,204
255,488
289,172
Total Equity
34,788
41,377
79,821
81,353
88,626
88,629
94,137
102,274
110,801
124,793
140,676
153,085
162,458
183,784
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
5.32
5.98
8.85
4.07
4.13
1.95
3.45
4.24
3.65
2.35
1.96
2.61
3.25
- -
Return on Common Equity (%)
8.31
13.53
22.54
10.29
10.52
5.06
8.55
10.6
10.6
6.99
5.45
6.8
9.02
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10,340
10,638
10,638
Market Capitalization
163,619
134,799
156,377

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
423,210
495,019
552,070
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
9.73%
6.12%
Free Cash Flow
-155.93%
-253.05%
-408.7%
Net Income, GAAP
7.58%
9.89%
42.18%
Sales/Revenue/Turnover
4.27%
6.06%
33.03%
Total Cash Common Dividend
18.22%
7.24%
10.6%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,975
6,679
6,897
7,855
25,629
2025
6,932
7,836
- -
8,784
34,093
2026
11,293
14,599
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.37
0.23
0.38
0.85
2025
0.24
0.49
- -
0.36
1.24
2026
0.43
0.89
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.21
0.41
0.31
0.78
2025
0.12
0.6
- -
0.27
0.89
2026
0.1
0.2
- -
- -
- -

Company Description

CEO
Li Qin
Full Time Employees
13,640
Sector
Finance
Industry
Investment banks/Brokers
Address
Guangfa Securities Building Guangzhou GD China 510627
IPO Date
Jun 11, 1997
Website
gf.com.cn
Business
GF Securities Co., Ltd. (000776.SZ) operates as a leading full-service securities firm in China, providing comprehensive capital market services across investment banking, wealth management, trading and institutions, and investment management segments. The company offers equity financing, debt financing, financial advisory, mergers and acquisitions, sponsor services, corporate solutions, brokerage, asset management, public and private fund management, alternative investments, fixed income and equity derivatives trading, equity research, transaction execution, asset custody, and securities lending to corporations, individuals, institutional investors, financial institutions, and government clients. Founded in 1991 and headquartered in Guangzhou, it maintains operations nationwide across 31 provinces, municipalities, and autonomous regions through 338 branches, with international presence via subsidiaries including GF Holdings (Hong Kong) Corporation Limited, GF Securities (Hong Kong), GF Futures Co., Ltd., GF Fund Management Co., Ltd., and stakes in entities such as E Fund Management Co., Ltd. Recent developments include strengthened asset management with a 39.49% increase in schemes under GF Asset Management as of late 2025, completion of influential major asset restructuring and financial advisory projects totaling RMB2.272 billion in transaction value, winning the 2025 New Fortune Best M&A Investment Bank award, deepened collaborations with scientific institutions for tech-finance integration, hosting AI-themed M&A forums under the Guangdong Capital Market M&A Alliance, and partnerships such as with HashKey Chain for tokenized securities like GF Token and assistance to Guangken Singapore in a cash offer for Hualien International.