002500.SHE Shanxi Securities Co Ltd
- Market cap
- CNY 17.3B
- P/E
- 17.3x
- P/B
- 0.92x
- ROE
- 5.5%
- Dividend yield
- 4.53%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002500.SHE undervalued?
Graham number002500.SHE trades 15.9% 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?
Shanxi Securities Co Ltd fundamental analysis
No fundamental analysis for Shanxi Securities Co Ltd yet.
Shanxi Securities Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Shanxi Securities Co Ltd
Shanxi Securities Co., Ltd. operates as a securities company in China. The company operates through five segments: Wealth Management, Corporate Finance, Asset Management, Investment, and Institutional Business. The Wealth Management segment is involved in securities brokerage, investment advisory, sale of financial products developed by the company, and other financial institutions, financing. This segment also offers custody and operation outsourcing services for various pr…
Full company profileShanxi 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.
Shanxi 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 | 2.35B | 4.39B | 8.11B | 6.32B | 4.38B | 5.25B | 5.34B | 3.44B | 3.14B | 3.32B | 3.33B |
| Gross Profit | 2.35B | 4.39B | 6.85B | 5.10B | 3.34B | 3.99B | 4.14B | 3.44B | 3.14B | - | - |
| Operating Income | 708M | 628M | 287M | 666M | 1.01B | 999M | 668M | 803M | 843M | - | - |
| EBITDA | 767M | 695M | 362M | 746M | 1.09B | 1.22B | 923M | 2.15B | - | - | - |
| Net Income | 468M | 409M | 222M | 510M | 751M | 804M | 574M | 620M | 712M | 924M | 1.04B |
| EPS | 0.16 | 0.13 | 0.08 | 0.17 | 0.23 | 0.22 | 0.16 | 0.17 | 0.20 | 0.26 | 0.29 |
| Balance Sheet | |||||||||||
| Total Assets | 48.1B | 51.7B | 57.2B | 55.7B | 62.6B | 76.3B | 82.9B | 77.6B | 80.7B | 81.8B | 91.7B |
| Total Liabilities | 35.0B | 38.4B | 44.2B | 42.5B | 45.2B | 58.6B | 65.1B | 59.4B | 62.4B | 63.0B | 72.6B |
| Shareholders' Equity | 12.3B | 12.5B | 12.4B | 12.7B | 16.9B | 17.2B | 17.4B | 17.7B | 18.0B | 18.5B | 18.8B |
| Cash & Short-term Investments | 24.3B | 26.2B | 22.1B | 26.8B | 32.9B | 68.3B | 73.8B | 72.8B | 75.8B | 41.4B | 44.3B |
| Total Debt | 9.50B | 11.4B | 17.2B | 16.3B | 23.6B | 31.1B | 32.4B | 29.9B | 25.9B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | -913M | -592M | -3.79B | 3.96B | -1.46B | 1.43B | 1.23B | 926M | 8.07B | 21.0M | -146M |
| Capital Expenditure | 58.1M | 135M | 77.6M | 92.3M | 116M | 180M | 200M | 215M | 205M | 137M | 60.5M |
| Free Cash Flow | -971M | -727M | -3.86B | 3.87B | -1.57B | 1.25B | 1.03B | 710M | 7.86B | -116M | -206M |
| Ratios | |||||||||||
| ROE | 3.8% | 3.3% | 1.8% | 4.0% | 4.4% | 4.7% | 3.3% | 3.5% | 4.0% | 5.0% | 5.5% |
| ROA | 1.0% | 0.8% | 0.4% | 0.9% | 1.2% | 1.1% | 0.7% | 0.8% | 0.9% | 1.1% | 1.1% |
| Net Profit Margin | 19.9% | 9.3% | 2.7% | 8.1% | 17.1% | 15.3% | 10.8% | 18.0% | 22.7% | 27.9% | 31.2% |
| Debt to Equity | 0.77x | 0.91x | 1.38x | 1.29x | 1.40x | 1.80x | 1.86x | 1.69x | 1.44x | - | - |
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.
Shanxi Securities Co Ltd dividends
- Dividend yield
- 4.53%
- Forward dividend
- 0.13 CNY
- Payout ratio
- 85.0%
- Ex-dividend date
- Oct 22, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 785M | 0.22 | 85.0% |
| 2024 | CNY 503M | 0.14 | 70.6% |
| 2023 | CNY 943M | 0.26 | 152.1% |
| 2022 | CNY 1.06B | 0.30 | 185.2% |
| 2021 | CNY 998M | 0.28 | 124.2% |
| 2020 | CNY 748M | 0.23 | 99.6% |
| 2019 | CNY 679M | 0.23 | 133.1% |
| 2018 | CNY 520M | 0.18 | 234.5% |
| 2017 | CNY 354M | 0.12 | 86.6% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Who owns Shanxi Securities Co Ltd
- Insiders 49.98%
- Institutions 5.69%
- Public & others 44.34%
- Shares outstanding 3.59B
- Free float 3.59B
Shanxi Securities Co Ltd company profile
- Company name
- Shanxi Securities Co Ltd
- Ticker
- 002500.SHE
- ISIN
- CNE100000WJ0
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Nov 15, 2010
- Sector
- Financial Services
- Industry
- Capital Markets
- Employees
- 2,913
- Fiscal year end
- December
- Address
- East Tower, Taiyuan, China, 030002
- Phone
- 86 35 1868 6905
- Website
- sxzq.com
About Shanxi Securities Co Ltd
Shanxi Securities Co., Ltd. operates as a securities company in China. The company operates through five segments: Wealth Management, Corporate Finance, Asset Management, Investment, and Institutional Business. The Wealth Management segment is involved in securities brokerage, investment advisory, sale of financial products developed by the company, and other financial institutions, financing. This segment also offers custody and operation outsourcing services for various private equity products, such as securities lending, equity pledge, repurchase agreements, asset allocation, and wealth planning. The Corporate Finance segment engages in the investment banking, NEEQ business, corporate services, private equity investment, and alternative investment. The Asset Management segment provides equity products and mutual funds, as well as fixed income. The Investment segment is involved in the fixed income, proprietary equity trading, and commodities, and currency trading. The Institutional Business segment engages in the research and sales trading, institutional client services, and other businesses. In addition, it is involved in margin trading, public fund management business, entrusted investment business, trade finance business, future business, derivatives business, and over-the-counter trading comprising income certificates and customer services; and provision of software and information technology services. Shanxi Securities Co., Ltd. was incorporated in 1988 and is headquartered in Taiyuan, China.
Shanxi Securities Co Ltd management
7- Mr. Yili WangGM & Vice Chairman of the Board · born 1973
- Mr. Xiao Feng GaoDeputy GM, Compliance Director, Board Secretary & Chief Risk Officer · born 1975
- Mr. Wei XieDeputy General Manager · born 1972
- Ms. Liping HanDeputy General Manager · born 1974
- Mr. Xue ZhaoDeputy General Manager · born 1984
- Mr. Lide ZhangCFO & Head of Accounting · born 1975
- Ms. Haihong SiEmployee Director & GM of Human Resources Department · born 1978