Western Securities Co., Ltd. Class A

Western Securities Co., Ltd. Class A

SSZSE:002673
6.42
CNY
+0.05
(+0.78%)
0.48EPS
14.21P/E
29.01BMarket Cap
Oct 29Next Earn

Total Valuation

CNY

As of June 30, 2026, Western Securities Co., Ltd. Class A carries a market capitalization of 29.01B, placing it among publicly traded companies globally. Its enterprise value stands at 7.48B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap29.01B
Enterprise Value7.48B

Important Dates

Western Securities Co., Ltd. Class A's next confirmed earnings release is scheduled for October 29, 2026.

Earnings Date10/29/2026

Share Statistics

As of June 30, 2026, Western Securities Co., Ltd. Class A has 4.47B shares outstanding.

Shares Outstanding4.47B

Valuation Ratios

As of June 30, 2026, Western Securities Co., Ltd. Class A trades at a trailing price-to-earnings ratio of 14.21. The price-to-sales ratio is 4.19, and the price-to-book ratio stands at 0.96.

PE Ratio14.21
PS Ratio4.19
PB Ratio0.96
P/TBV Ratio1.01
P/FCF Ratio-8.43
P/OCF Ratio-8.85

Enterprise Valuation

These figures are as of June 30, 2026. The EV/Sales ratio of 1.08 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 7.48B versus a market cap of 29.01B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales1.08

Financial Position

These figures are as of June 30, 2026.

Debt / Equity114.45

Financial Efficiency

CNY

Over the twelve months ended June 30, 2026, Western Securities Co., Ltd. Class A posted a return on equity (ROE) of 6.88, showing how much profit the company earns on every dollar of shareholder capital. Return on assets (ROA) stands at 1.65, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 3.21, useful for judging operating efficiency across full business cycles. The company generates approximately 1.59M in revenue per employee across its workforce of 4,333.00, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)6.88
Return on Assets (ROA)1.65
Return on Capital Employed (ROCE)3.21
Revenue Per Employee1.59M
Employee Count4,333.00

Taxes

CNY

Over the twelve months ended June 30, 2026, Western Securities Co., Ltd. Class A recorded 565.97M in income tax expense. That works out to an effective tax rate of 20.86, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 2.71B, leaving 2.04B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax565.97M
Effective Tax Rate20.86

Stock Price Statistics

CNY

As of the close on October 23, 2026, Western Securities Co., Ltd. Class A's stock has declined approximately 24.29% over the past 52 weeks. The 50-day moving average sits at 6.68, while the 200-day moving average is 7.11.

52-Week Price Change-24.29%
50-Day Moving Average6.68
200-Day Moving Average7.11

Income Statement

CNY

Over the twelve months ended June 30, 2026, Western Securities Co., Ltd. Class A generated 6.91B in revenue and converted that into 2.04B in net income, yielding earnings per share of 0.48.

Revenue6.91B
Pretax Income2.71B
Net Income2.04B
Earnings Per Share (EPS)0.48

Balance Sheet

CNY

As of June 30, 2026, Western Securities Co., Ltd. Class A holds 60.37B in cash and equivalents against 36.89B in total debt, resulting in a net debt position of -60.37B.

Cash & Cash Equivalents60.37B
Total Debt36.89B
Net Debt-60.37B
Equity (Book Value)30.26B
Book Value Per Share6.77

Cash Flow

CNY

Western Securities Co., Ltd. Class A produced -3.27B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -162.17M in capital expenditures, free cash flow totaled -3.44B - equivalent to -0.77 per share.

Operating Cash Flow-3.27B
Capital Expenditures-162.17M
Free Cash Flow-3.44B
FCF Per Share-0.77

Margins

These figures cover the twelve months ended June 30, 2026.

Pretax Margin39.26
Profit Margin29.51

Dividends & Yields

CNY

Over the twelve months ended June 30, 2026, Western Securities Co., Ltd. Class A paid dividends of 0.31 per share. The dividend payout ratio of 60.71 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield is negative at -11.86: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -29.34, meaning Western Securities Co., Ltd. Class A raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Dividend Per Share0.31
Payout Ratio60.71
Shareholder Yield-29.34
FCF Yield-11.86

Stock Splits

Western Securities Co., Ltd. Class A's most recent stock split took place on April 11, 2017 with a 602:691 split ratio.

Last Split Date4/11/2017
Split Ratio602:691