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First Capital Securities Co., Ltd. Class A

First Capital Securities Co., Ltd. Class A

SSZSE:002797
6.03
CNY
+0.09
(+1.52%)
27.61BMarket Cap
Oct 30Next Earn
First Capital Securities Co., Ltd. Class A
SZSE:002797
(Shenzhen Stock Exchange)

Recent

price

6.03

P/E

ratio

- -

div

yld

0.57%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.29
0.26
0.32
0.29
0.57
0.91
0.59
0.52
0.48
0.71
0.75
0.72
0.59
0.56
0.82
0.84
- -
Revenue per Share
0.11
0.06
0.07
0.05
0.16
0.33
0.17
0.12
0.04
0.15
0.21
0.18
0.1
0.08
0.22
0.2
- -
Basic EPS, GAAP
0.78
-1.23
-0.06
-0.65
0.74
1.22
-2.1
0.1
-0.26
0.65
-0.23
0.25
-0.63
0.81
1.05
0.37
- -
Free Cash Flow per Basic Share
0.02
- -
- -
0.02
0.05
0.08
0.13
0.12
0.11
0.12
0.12
0.11
0.12
0.13
0.1
0.13
0.03
Dividend per Share
0.98
1.34
1.41
1.45
1.63
1.95
2.46
2.53
2.44
2.58
3.31
3.43
3.48
3.53
3.88
4.11
4.11
Book Value per Share
0.9
1.25
1.32
1.36
1.55
1.87
2.38
2.45
2.36
2.5
3.24
3.21
3.25
3.3
3.66
3.91
3.91
Tangible Book Value per Share
3,152
3,152
3,055
3,255
3,127
3,142
3,305
3,495
3,454
3,420
3,870
4,141
4,008
4,133
4,107
4,207
4,138
Basic Weighted Avg Shares
900
830
970
948
1,767
2,854
1,940
1,829
1,649
2,445
2,918
3,000
2,380
2,328
3,371
3,527
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
21
29
34
36
39
43
57
61
72
72
76
175
221
227
221
191
- -
Depreciation Expense
349
182
210
163
508
1,021
562
423
124
513
813
745
401
331
904
841
- -
Net Income, GAAP
17.59
16.69
19.79
16.09
21.76
21.44
23.68
19.07
- -
15.81
15.93
15.31
- -
- -
11.5
20.87
- -
Effective Tax Rate (%)
38.72
21.88
21.64
17.16
28.76
35.79
28.96
23.12
7.54
20.98
27.85
24.84
16.84
14.2
26.81
23.86
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
26
150
1,855
3,522
4,400
8,849
10,020
9,288
7,579
6,739
7,002
8,534
9,710
12,001
14,488
15,436
LT Debt
3,103
4,481
4,703
4,819
5,469
6,575
9,121
9,190
8,894
9,514
14,435
14,989
15,261
15,293
16,812
17,861
17,876
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
11.77
5.1
4.48
2.73
6.37
10.07
3.69
2.23
- -
2.51
3.9
3.09
- -
- -
3.14
2.54
- -
Return on Capital (%)
11.77
4.95
4.84
3.62
10.49
18.1
7.61
4.84
1.43
5.83
7.08
5.26
2.76
2.25
5.81
5.01
- -
Return on Common Equity (%)

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
4,202
4,202
4,202
Market Capitalization
28,870
29,963
27,610

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
27,104
29,451
32,629
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
11.7%
4.41%
6.24%
Free Cash Flow
-205.31%
-166.1%
-63.74%
Net Income, GAAP
32.51%
18.88%
-6.89%
Sales/Revenue/Turnover
4.94%
5.87%
4.63%
Total Cash Common Dividend
9.99%
4.36%
32.85%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
645
818
851
1,057
3,371
2025
626
1,124
- -
670
3,527
2026
813
1,273
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.06
0.06
0.06
0.22
2025
0.03
0.09
- -
0.02
0.2
2026
0.05
0.12
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
0.07
0.01
0.1
2025
0.02
0.07
- -
- -
0.13
2026
0.02
0.01
- -
- -
- -
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Business
First Capital Securities Co., Ltd. (002797.SZ) operates as a comprehensive securities firm in China, providing brokerage services for stocks, bonds, and futures; investment banking including underwriting, mergers and acquisitions advisory, and financial consulting; asset management encompassing public and private funds, wealth management products, and proprietary trading; and research services covering market analysis and investment strategies. The company offers specialized products such as margin trading, securities lending, and online trading platforms tailored for retail and institutional clients in equity, fixed income, and derivatives markets. Headquartered in Foshan, Guangdong Province, and founded in 1991, First Capital Securities maintains operations primarily across mainland China with branches in major financial centers including Shenzhen, Shanghai, and Beijing, targeting individual investors, corporations, and qualified institutional buyers. Recent strategic developments include a 2024 partnership with leading fintech platforms to enhance digital brokerage capabilities and expand wealth management distribution; a RMB 1.2 billion capital raise through a rights issue in early 2025 to bolster investment banking expansion; and the launch of new ESG-focused asset management funds amid regulatory shifts toward sustainable finance. The firm also underwent operational reorganization in late 2024 to integrate advanced algorithmic trading systems, positioning it for growth in China's evolving capital markets.