000783.SHE Changjiang Securities Co Ltd
- Market cap
- CNY 38.8B
- P/E
- 9.8x
- P/B
- 0.85x
- ROE
- 11.3%
- Dividend yield
- 5.14%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 000783.SHE undervalued?
Graham number000783.SHE trades 39.3% 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?
Changjiang Securities Co Ltd fundamental analysis
No fundamental analysis for Changjiang Securities Co Ltd yet.
Changjiang Securities Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Changjiang Securities Co Ltd
Changjiang Securities Company Limited operates as a securities company in China. The company offers wealth management, investment banking, asset management, research, investment, and international business to individuals, institutional investors, corporate and government clients. It also provides securities brokerage, funds, futures, private equity fund management, and equity and innovative investment services; fund custody, professional trading, and other value-added servic…
Full company profileChangjiang 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.
Changjiang 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 | 5.74B | 5.55B | 7.02B | 9.14B | 9.94B | 11.3B | 8.92B | 9.46B | 8.59B | 10.5B | 11.7B |
| Gross Profit | 5.74B | 5.55B | 4.33B | 6.96B | 7.71B | 8.52B | 6.33B | 6.86B | 6.78B | - | - |
| Operating Income | 2.74B | 1.96B | 248M | 2.34B | 2.83B | 3.19B | 1.64B | 1.62B | 1.95B | - | - |
| EBITDA | 2.82B | 2.06B | 354M | 2.44B | 2.97B | 3.47B | 1.94B | 1.93B | 2.31B | - | - |
| Net Income | 2.21B | 1.55B | 257M | 1.67B | 2.09B | 2.41B | 1.51B | 1.55B | 1.83B | 3.70B | 4.87B |
| EPS | 0.44 | 0.28 | 0.05 | 0.27 | 0.36 | 0.42 | 0.24 | 0.26 | 0.30 | 0.67 | 0.88 |
| Balance Sheet | |||||||||||
| Total Assets | 107B | 113B | 99.2B | 109B | 135B | 160B | 159B | 171B | 172B | 206B | 217B |
| Total Liabilities | 81.4B | 86.4B | 72.6B | 81.2B | 106B | 129B | 128B | 136B | 132B | 164B | 174B |
| Shareholders' Equity | 25.5B | 26.5B | 26.3B | 28.0B | 29.1B | 30.9B | 30.7B | 34.7B | 39.2B | 41.9B | 43.1B |
| Cash & Short-term Investments | 59.4B | 51.6B | 46.3B | 58.5B | 72.4B | 114B | 101B | 114B | 122B | 124B | 143B |
| Total Debt | 24.2B | 36.1B | 30.6B | 37.2B | 47.9B | 53.5B | 57.0B | 50.8B | 45.9B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | -13.7B | -17.6B | 11.5B | 2.72B | -4.50B | 9.00B | 2.32B | 4.67B | 18.7B | 1.96B | 30.5B |
| Capital Expenditure | 181M | 266M | 158M | 179M | 167M | 1.14B | 241M | 254M | 246M | 158M | 93.2M |
| Free Cash Flow | -13.9B | -17.9B | 11.4B | 2.54B | -4.67B | 7.86B | 2.08B | 4.42B | 18.4B | 1.80B | 30.4B |
| Ratios | |||||||||||
| ROE | 8.6% | 5.8% | 1.0% | 6.0% | 7.2% | 7.8% | 4.9% | 4.5% | 4.7% | 8.8% | 11.3% |
| ROA | 2.1% | 1.4% | 0.3% | 1.5% | 1.5% | 1.5% | 0.9% | 0.9% | 1.1% | 1.8% | 2.2% |
| Net Profit Margin | 38.5% | 27.8% | 3.7% | 18.2% | 21.0% | 21.3% | 16.9% | 16.4% | 21.4% | 35.1% | 41.6% |
| Debt to Equity | 0.95x | 1.36x | 1.16x | 1.33x | 1.65x | 1.73x | 1.86x | 1.47x | 1.17x | - | - |
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.
Changjiang Securities Co Ltd dividends
- Dividend yield
- 5.14%
- Forward dividend
- 0.35 CNY
- Payout ratio
- 54.0%
- Ex-dividend date
- Oct 20, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 2.00B | 0.36 | 54.0% |
| 2024 | CNY 2.23B | 0.37 | 121.8% |
| 2023 | CNY 2.11B | 0.35 | 136.0% |
| 2022 | CNY 3.14B | 0.50 | 208.1% |
| 2021 | CNY 2.34B | 0.41 | 97.2% |
| 2020 | CNY 2.10B | 0.36 | 100.9% |
| 2019 | CNY 1.03B | 0.17 | 61.9% |
| 2018 | CNY 2.59B | 0.50 | 1,008.0% |
| 2017 | CNY 2.05B | 0.37 | 132.5% |
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 9, 2014.
Who owns Changjiang Securities Co Ltd
- Insiders 46.27%
- Institutions 11.66%
- Public & others 42.08%
- Shares outstanding 5.53B
- Free float 2.39B
Changjiang Securities Co Ltd company profile
- Company name
- Changjiang Securities Co Ltd
- Ticker
- 000783.SHE
- ISIN
- CNE000000SH3
- Exchange
- Shenzhen Stock Exchange
- Sector
- Financial Services
- Industry
- Capital Markets
- Employees
- 7,700
- Fiscal year end
- December
- Address
- No. 88, Huaihai Road, Wuhan, China, 430023
- Phone
- 86 27 6579 9999
- Website
- 95579.com
About Changjiang Securities Co Ltd
Changjiang Securities Company Limited operates as a securities company in China. The company offers wealth management, investment banking, asset management, research, investment, and international business to individuals, institutional investors, corporate and government clients. It also provides securities brokerage, funds, futures, private equity fund management, and equity and innovative investment services; fund custody, professional trading, and other value-added services; and margin trading, stock pledges, agreed repurchase, transfer and refinancing, and equity incentive financing services. The company was formerly known as Hubei Securities Company. Changjiang Securities Company Limited was founded in 1991 and is headquartered in Wuhan, China.
Changjiang Securities Co Ltd management
8- Mr. Yuanrui LiuGM, CEO & Director · born 1982
- Mr. Shui Yuan ChenVP & CFO · born 1969
- Mr. Jin PanChief Information Officer · born 1978
- Mr. Chun ZhouChief Compliance & Risk Officer, Board Secretary and VP · born 1976
- Mr. Jin ChenVice President · born 1978
- Mr. Chengjun WangVice President · born 1972
- Mr. Geng LiVice President · born 1981
- Shiying LiHead of Accounting