Guolian Minsheng Securities Company Limited Class A

Guolian Minsheng Securities Company Limited Class A

8.29
CNY
-0.01
(-0.12%)
50.22BMarket Cap
Oct 28Next Earn
Guolian Minsheng Securities Company Limited Class A
SSE:601456
(Shanghai Stock Exchange)

Recent

price

8.29

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.05
0.18
0.17
0.19
0.34
0.75
0.8
1.21
1.3
1.5
1.59
1.66
- -
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
- -
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
- -
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
- -
Dividend per Share
2.15
4.07
3.98
3.99
4.02
4.24
4.45
5.78
5.92
6.27
6.56
9.24
9.24
Book Value per Share
2.13
4.05
3.96
3.98
4
4.21
4.43
5.76
5.9
5.68
5.98
6.65
6.66
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
5,681
Basic Weighted Avg Shares
101
295
329
363
651
1,435
1,679
3,019
3,672
4,251
4,511
9,347
- -
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
- -
Operating Margin (%)
43
44
54
57
64
140
160
174
174
247
281
409
- -
Depreciation Expense
715
1,471
610
361
51
521
588
889
767
671
397
2,009
- -
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
- -
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
- -
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
50,189
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
28,365
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
52,864
Total Equity
- -
-8.99
-5.57
-3.07
-1.87
1.81
1.41
2.62
2.1
1.62
- -
2.96
- -
Return on Invested Capital (%)
- -
17.49
6.45
4.31
2.38
5.53
5.22
5.4
4.48
4.13
- -
3.9
- -
Return on Capital (%)
- -
24.9
7.97
4.77
0.66
6.63
6.3
6.59
4.63
3.89
2.19
5.65
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Jun'24
Dec'25
Jun'26
ST Debt
9,478
41,029
50,157
LT Borrowings
17,800
22,032
27,896
LT Finance Leases
125
423
469
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,832
5,681
5,681
Market Capitalization
27,298
57,772
50,216

Working Capital

CNY

•

in mil. unless spec.
Jun'24
Dec'25
Jun'26
Total Current Assets
79,082
164,525
207,544
Cash, Cash Equivalents & STI
60,185
104,238
127,660
Accounts Receivable, Net
298
3,144
13,036
Inventories
- -
- -
- -
Total Current Liabilities
49,138
119,771
157,355
Payables & Accruals
- -
- -
- -
ST Debt
9,478
41,029
50,157
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

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
- -
- -
-20.89%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-220
1,941
- -
- -
4,511
2025
- -
- -
- -
- -
9,347
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.08
0.11
- -
- -
0.14
2025
- -
- -
- -
- -
0.36
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
- -
- -
- -
0.14
2025
- -
- -
- -
- -
0.06
2026
- -
- -
- -
- -
- -
Business
Guolian Minsheng Securities Co., Ltd. primarily operates as a securities firm in China, providing a comprehensive suite of financial services including securities brokerage; asset management; securities investment consulting; credit trading; margin financing and securities lending; underwriting and sponsorship of securities; financial advisory services related to securities issuance and trading; as well as proprietary trading and wealth management. The company offers products such as equities, exchange traded products, structured products, real estate investment trusts, debt securities, listed derivatives including equity index and single stock derivatives, foreign exchange products including deliverable and non-deliverable forwards and cross currency swaps, and OTC derivatives. It also provides infrastructure services such as hosting, connectivity, data and index services, settlement and depository services, and client connectivity platforms. The firm engages its services across the Chinese capital markets and also participates in Hong Kong markets through its H-share listing (Ticker: 1456.HK). Founded in 1992 and headquartered in Shanghai, Guolian Minsheng Securities operates through multiple business segments to serve institutional clients, retail investors, and corporate customers. Recently, the company has undergone a significant strategic transformation through the full acquisition of Minsheng Securities, completed in late 2024, which consolidated Guolian's and Minsheng's resources to form a larger, more competitive securities group. This acquisition received regulatory approval from the China Securities Regulatory Commission and was funded partly by a substantial share placement raising up to 2 billion yuan. The merger aims to build an industrial investment bank with strong capabilities in technology-driven investment banking, wealth management, and client services primarily focused on deepening regional presence and industry expertise, particularly in the Yangtze River Delta region. The combined entity is positioning itself as a leading modern investment bank with ambitions to grow domestic and international influence, supported by enhanced operational synergies, expanded product offerings, and a refined strategic direction toward industrial financial integration. In 2025, Guolian Minsheng also implemented key governance reforms including the abolition of its supervisory committee and adoption of new corporate governance measures to align with its expanded scale and strategic goals. Guolian Minsheng Securities operates predominantly in the securities and investment banking industry, targeting a broad customer base including individual investors, corporations, and institutional clients across mainland China and Hong Kong. It leverages its broad product portfolio and financial advisory expertise to support capital markets activities such as equity and debt issuance, mergers and acquisitions, and structured finance solutions. The company is part of the larger Guolian Group, a government-backed conglomerate, which provides strategic support and capital backing to enhance its competitive positioning in the sector. Overall, Guolian Minsheng Securities combines the heritage and resources of Guolian Securities and Minsheng Securities to deliver expanded investment banking and wealth management capabilities aligned with China’s evolving capital market landscape.