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Guotai Haitong Securities Co., Ltd. 601211.SS

CN · Shanghai Stock Exchange · XSHG · stock · Financial Services · website

Guotai Haitong Securities Co., Ltd. statistics & valuation

Market capCN¥316.4B
P / E11.4×
P / S5.1×
P / B1.0×
P / FCF4.0×
Net margin44.8%
FCF margin128.1%
Net cashCN¥384.3B
Enterprise value USD-$19.4B
Graham number +68.6%CN¥30.26

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (CN¥30.26); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
33.10% 26.20% 39.00% 44.80% 2022202320242025
Gross margin (%)
2022202320242025
Operating margin (%)
2022202320242025
Return on equity (%)
7.30% 5.60% 7.60% 8.40% 2022202320242025
Shares outstanding
14.12B 14.12B 14.12B 14.12B 2022202320242025
Net debt (CN¥)
-CN¥176.28B -CN¥147.35B -CN¥212.59B -CN¥384.31B 2022202320242025
Share buybacks (CN¥)
2022202320242025
Return on assets (%)
1.30% 1.00% 1.20% 1.30% 2022202320242025
Free cash flow margin (%)
141.00% 16.90% 164.60% 128.10% 2022202320242025
Debt / equity (×)
1.06× 1.07× 1.16× 1.54× 2022202320242025
EPS (CN¥)
CN¥1.23 CN¥0.97 CN¥1.39 CN¥1.74 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Guotai Haitong Securities Co., Ltd. trades at about 10.3× earnings — below its 10-year norm (10-year range 11.4×–15.1×, median 12.8×).

10.3× 15.1×

Shaded band = 10-year range (11.4×–15.1×); dot = today's 10.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Net margin44.8%39.0%26.2%33.1%
FCF margin128.1%164.6%16.9%141.0%
Return on assets1.3%1.2%1.0%1.3%
Return on equity8.4%7.6%5.6%7.3%

Computed from company filings · CN · as of 2025-12-31. Figures in CNY. Facts plus Stocktoria's own computed scores — not investment advice.