000776.SHE GF Securities Co Ltd
- Market cap
- CNY 141B
- P/E
- 8.0x
- P/B
- 0.79x
- ROE
- 12.0%
- Dividend yield
- 6.99%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 000776.SHE undervalued?
Graham number000776.SHE trades 47.0% below its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
GF Securities Co Ltd fundamental analysis
No fundamental analysis for GF Securities Co Ltd yet.
GF Securities Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About GF Securities Co Ltd
GF Securities Co., Ltd., together with its subsidiaries, provides capital market services in China. It operates through four segments: Investment Banking, Wealth Management, Trading and Institution, and Investment Management. The company offers equity and debt financing, financial consulting, and mergers and acquisitions; and brokerage services, investment advisory, margin financing, securities lending, and various financial products. It also provides equity sales and tradin…
Full company profileGF Securities Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
GF Securities Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 20.3B | 28.7B | 23.0B | 30.0B | 35.6B | 41.5B | 33.0B | 33.0B | 36.6B | 34.1B | 47.0B |
| Gross Profit | 20.3B | 21.2B | 14.8B | 22.4B | 28.1B | 32.8B | 24.2B | 22.6B | 26.4B | - | - |
| Operating Income | 10.7B | 11.6B | 6.00B | 10.3B | 13.6B | 15.0B | 10.4B | 8.74B | 11.9B | - | - |
| EBITDA | 11.0B | 11.9B | 6.30B | 10.9B | 14.3B | 15.7B | 11.2B | 9.63B | 12.8B | - | - |
| Net Income | 8.03B | 8.60B | 4.30B | 7.54B | 10.0B | 10.9B | 7.93B | 6.98B | 9.64B | 13.7B | 21.4B |
| EPS | 1.05 | 1.13 | 0.56 | 0.99 | 1.32 | 1.42 | 1.04 | 0.83 | 1.27 | 1.80 | 2.73 |
| Balance Sheet | |||||||||||
| Total Assets | 360B | 357B | 389B | 394B | 457B | 536B | 617B | 682B | 759B | 975B | 1.13T |
| Total Liabilities | 278B | 268B | 300B | 300B | 355B | 425B | 492B | 542B | 606B | 813B | 945B |
| Shareholders' Equity | 78.5B | 84.9B | 85.0B | 91.2B | 98.2B | 107B | 120B | 136B | 148B | 156B | 179B |
| Cash & Short-term Investments | 166B | 141B | 130B | 162B | 220B | 257B | 260B | 266B | 336B | 423B | 488B |
| Total Debt | 108B | 115B | 115B | 106B | 136B | 180B | 178B | 179B | 195B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | -21.2B | -38.6B | 33.2B | 40.2B | 19.8B | -27.3B | 50.0B | -2.35B | -30.5B | -27.8B | -10.9B |
| Capital Expenditure | 389M | 538M | 647M | 392M | 3.05B | 671M | 718M | 941M | 736M | 727M | 807M |
| Free Cash Flow | -21.5B | -39.2B | 32.6B | 39.8B | 16.8B | -28.0B | 49.3B | -3.29B | -31.2B | -28.5B | -11.7B |
| Ratios | |||||||||||
| ROE | 10.2% | 10.1% | 5.1% | 8.3% | 10.2% | 10.2% | 6.6% | 5.1% | 6.5% | 8.8% | 12.0% |
| ROA | 2.2% | 2.4% | 1.1% | 1.9% | 2.2% | 2.0% | 1.3% | 1.0% | 1.3% | 1.4% | 1.9% |
| Net Profit Margin | 39.5% | 29.9% | 18.7% | 25.1% | 28.2% | 26.1% | 24.1% | 21.2% | 26.3% | 40.2% | 45.5% |
| Debt to Equity | 1.38x | 1.35x | 1.36x | 1.16x | 1.39x | 1.69x | 1.48x | 1.32x | 1.32x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
GF Securities Co Ltd dividends
- Dividend yield
- 6.99%
- Forward dividend
- 0.75 CNY
- Payout ratio
- 72.1%
- Ex-dividend date
- Oct 14, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 9.87B | 1.30 | 72.1% |
| 2024 | CNY 4.27B | 0.56 | 44.3% |
| 2023 | CNY 3.64B | 0.43 | 52.1% |
| 2022 | CNY 9.78B | 1.29 | 123.4% |
| 2021 | CNY 8.16B | 1.07 | 75.2% |
| 2020 | CNY 7.28B | 0.95 | 72.5% |
| 2019 | CNY 6.15B | 0.81 | 81.6% |
| 2018 | CNY 7.67B | 1.00 | 178.3% |
| 2017 | CNY 6.98B | 0.92 | 81.2% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 20:10 on Jul 5, 2012.
Who owns GF Securities Co Ltd
- Insiders 54.03%
- Institutions 11.26%
- Public & others 34.72%
- Shares outstanding 5.90B
- Free float 4.12B
GF Securities Co Ltd company profile
- Company name
- GF Securities Co Ltd
- Ticker
- 000776.SHE
- ISIN
- CNE0000008L2
- Exchange
- Shenzhen Stock Exchange
- Listed since
- May 14, 1997
- Sector
- Financial Services
- Industry
- Capital Markets
- Employees
- 13,640
- Fiscal year end
- December
- Address
- Guangfa Securities Building, Guangzhou, China, 510627
- Phone
- 86 20 6633 8888
- Website
- gf.com.cn
About GF Securities Co Ltd
GF Securities Co., Ltd., together with its subsidiaries, provides capital market services in China. It operates through four segments: Investment Banking, Wealth Management, Trading and Institution, and Investment Management. The company offers equity and debt financing, financial consulting, and mergers and acquisitions; and brokerage services, investment advisory, margin financing, securities lending, and various financial products. It also provides equity sales and trading, derivative and fixed-income products, OTC liquidity services, investment research, and custodian services; and asset and fund management, private equity, and alternative investments, as well as qualified foreign and domestic institutional investors. The company was founded in 1991 and is headquartered in Guangzhou, China.
GF Securities Co Ltd management
10- Mr. Chuanhui LinExecutive Chairman of the Board · born 1964
- Mr. Li QinGM & Executive Director · born 1968
- Ms. Xiaoyan SunCFO, Executive Deputy GM, Chief Accounting Officer & Executive Director · born 1972
- Dr. Zhiyun Xin Ph.D.Deputy GM & Chief Information Officer · born 1970
- Mr. Wu ShunhuChief Compliance Officer · born 1970
- Mr. Cui ZhouhangChief Risk Officer · born 1984
- Mr. Xuesheng XiaoExecutive Director & Deputy GM · born 1972
- Mr. Zhongxing YinJoint Company Secretary · born 1987
- Mr. Jinquan HuDeputy General Manager · born 1976
- Ms. Lihong YuHead of the Accounting Department