Changjiang Securities Co., Ltd Class A

Changjiang Securities Co., Ltd Class A

SSZSE:000783
7.56
CNY
+0.13
(+1.75%)
53.92BMarket Cap
Oct 30Next 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
0.63
0.95
1.78
1.14
1.01
0.84
1.25
1.41
1.56
1.13
1.15
1.08
1.8
- -
Basic EPS, GAAP
0.21
0.36
0.74
0.44
0.28
0.05
0.3
0.38
0.44
0.27
0.26
0.3
0.63
- -
Free Cash Flow per Basic Share
-0.51
2.28
0.24
-2.77
-3.24
2.21
0.46
-0.85
1.43
0.37
0.74
3.01
0.31
- -
Dividend per Share
0.1
0.15
0.24
0.53
0.37
0.5
0.19
0.38
0.43
0.56
0.35
0.37
0.34
0.41
Book Value per Share
2.67
2.94
3.55
4.61
4.79
4.76
5.06
5.26
5.58
5.56
6.27
7.09
7.58
7.76
Tangible Book Value per Share
2.64
2.91
3.51
4.58
4.76
4.72
5.02
5.23
5.55
5.53
6.24
7.07
7.56
7.74
Basic Weighted Avg Shares
4,793
4,737
4,721
5,015
5,518
5,144
5,553
5,488
5,476
5,590
5,955
6,117
5,867
5,577
Sales/Revenue/Turnover
3,029
4,513
8,391
5,737
5,554
4,331
6,955
7,713
8,524
6,326
6,864
6,578
10,544
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
48
54
62
82
95
106
103
140
281
306
319
357
340
- -
Net Income, GAAP
1,007
1,705
3,493
2,207
1,545
257
1,666
2,085
2,410
1,509
1,548
1,835
3,696
- -
Effective Tax Rate (%)
21.16
22.26
20.63
18.97
21.29
8.55
32.35
26.27
24.23
6.53
4.59
5.99
19.77
- -
Profit Margin (%)
33.23
37.79
41.63
38.46
27.82
5.94
23.95
27.04
28.27
23.86
22.56
27.9
35.06
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
2,729
5,947
19,326
24,242
36,095
30,640
37,171
47,892
53,464
57,012
50,848
45,851
52,941
61,106
Total Equity
12,693
13,957
17,024
25,742
26,768
26,567
28,151
29,253
30,975
30,856
34,771
39,308
42,019
43,008
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
7.28
9.65
12.41
5.09
2.74
0.48
2.85
2.93
2.98
1.73
1.79
2.15
4.1
- -
Return on Common Equity (%)
8.12
12.81
22.72
10.43
5.94
0.97
6.14
7.31
8.04
4.9
4.74
4.97
9.11
- -

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
5,530
5,530
5,530
Market Capitalization
45,070
37,936
53,918

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
124,190
136,461
166,775
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
10.25%
7.63%
6.9%
Free Cash Flow
-184.75%
-0.54%
-90.22%
Net Income, GAAP
52.34%
20.14%
101.44%
Sales/Revenue/Turnover
6.4%
9.87%
60.3%
Total Cash Common Dividend
18.77%
1.58%
-10.68%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,348
1,527
1,914
1,986
6,578
2025
2,481
2,172
- -
2,148
10,544
2026
3,312
3,987
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.07
0.12
0.07
0.3
2025
0.17
0.14
- -
0.06
0.63
2026
0.26
0.31
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.16
0.07
0.04
0.37
2025
0.08
0.18
- -
0.06
0.34
2026
0.07
0.29
- -
- -
- -

Company Description

CEO
Yuanrui Liu
Full Time Employees
7,700
Sector
Finance
Industry
Investment banks/Brokers
Address
No. 88, Huaihai Road Wuhan HB China 430023
IPO Date
Jul 31, 1997
Website
cjsc.com
Business
Changjiang Securities Company Limited (000783.SZ) operates as a full-service securities firm in China, providing comprehensive financial services including securities brokerage, investment banking, asset management, fixed-income business, fund management, futures trading, private investment funds, capital intermediation, alternative investments, and cross-border services to individual investors, institutional clients, corporations, and government entities. The company offers specialized products such as margin trading, stock pledges, repurchase agreements, refinancing, equity incentive financing, investment research, transaction support, operation outsourcing, product design, fund sales, derivative financial instruments, and performance attribution analysis; it also maintains flagship subsidiaries including Changjiang Financing Services Company Limited, Changjiang Futures Company Limited, Changjiang Growth Capital Investment Company Limited, Changxin Asset Management Limited, and Lord Abbett China Asset Management Limited. Founded in 1991 as Hubei Securities Company and renamed Changjiang Securities Company Limited in 2007 upon listing on the Shenzhen Stock Exchange, the company is headquartered in Wuhan, Hubei province, with a nationwide network of branches, securities sales departments, and futures business departments across China, alongside international operations through entities like Changjiang Securities International Financial Group Limited in Hong Kong. Recent developments include a major shareholder change settled in August 2025 involving Huatai United Securities Co., Ltd. assuming temporary fiduciary management, alongside ongoing public offerings of corporate bonds in 2025 (including the third and fourth issues), semi-annual report releases in 2025 highlighting risk management and capital transactions, a new Shanghai office relocation to support business expansion in 2024, and strengthened digital platform adoption with 2 million active users reported in 2024 amid fintech investments.