Zhongtai Securities Co., Ltd. Logo

Zhongtai Securities Co., Ltd.

600918.SS

(1.2)
Stock Price

6,83 CNY

0.29% ROA

1.49% ROE

99.77x PER

Market Cap.

56.097.471.500,00 CNY

234.44% DER

0.5% Yield

4.43% NPM

Zhongtai Securities Co., Ltd. Stock Analysis

Zhongtai Securities Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Zhongtai Securities Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE falls within an average range (4.01%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

2 ROA

The stock's ROA (0.78%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

3 PBV

The stock's PBV ratio (1.32x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

4 Dividend

Investors can rely on the company's consistent dividend payments over the past three years, offering a steady stream of returns.

5 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (34), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

6 DER

The stock is burdened with a heavy load of debt (158%), making it financially unstable and potentially risky for investors.

7 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

8 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

9 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

Zhongtai Securities Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Zhongtai Securities Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Zhongtai Securities Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Zhongtai Securities Co., Ltd. Revenue
Year Revenue Growth
2005 90.626.694
2006 308.316.991 70.61%
2007 5.141.636.705 94%
2008 2.684.877.586 -91.5%
2009 5.553.674.999 51.66%
2010 4.548.638.876 -22.1%
2011 3.041.545.503 -49.55%
2012 2.993.912.500 -1.59%
2013 4.058.658.700 26.23%
2014 5.852.928.200 30.66%
2015 15.024.027.166 61.04%
2016 8.319.225.610 -80.59%
2017 8.094.552.214 -2.78%
2018 6.984.488.353 -15.89%
2019 9.655.904.155 27.67%
2020 10.237.557.569 5.68%
2021 12.899.436.834 20.64%
2022 9.163.074.973 -40.78%
2023 10.615.541.688 13.68%
2023 16.124.104.740 34.16%
2024 13.396.727.280 -20.36%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Zhongtai Securities Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Zhongtai Securities Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 114.666.630
2006 149.572.972 23.34%
2007 1.505.178.383 90.06%
2008 1.291.282.298 -16.56%
2009 2.244.361.860 42.47%
2010 2.367.330.164 5.19%
2011 2.243.270.140 -5.53%
2012 2.198.154.500 -2.05%
2013 2.484.195.700 11.51%
2014 2.617.041.900 5.08%
2015 5.772.316.654 54.66%
2016 4.147.400.419 -39.18%
2017 4.274.195.964 2.97%
2018 4.140.365.405 -3.23%
2019 5.024.812.175 17.6%
2020 5.701.571.886 11.87%
2021 6.483.910.118 12.07%
2022 6.092.690.301 -6.42%
2023 6.925.769.308 12.03%
2023 8.025.942.162 13.71%
2024 8.100.226.400 0.92%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Zhongtai Securities Co., Ltd. EBITDA
Year EBITDA Growth
2005 -19.426.860
2006 77.147.712 125.18%
2007 3.463.508.282 97.77%
2008 1.206.298.438 -187.12%
2009 3.216.613.177 62.5%
2010 2.088.190.720 -54.04%
2011 762.585.095 -173.83%
2012 800.480.434 4.73%
2013 1.308.785.668 38.84%
2014 2.626.749.916 50.17%
2015 8.128.310.452 67.68%
2016 3.256.072.866 -149.64%
2017 2.462.614.079 -32.22%
2018 1.552.831.057 -58.59%
2019 2.847.307.379 45.46%
2020 3.423.243.666 16.82%
2021 4.639.750.984 26.22%
2022 1.172.271.316 -295.79%
2023 1.530.535.444 23.41%
2023 6.564.452.520 76.68%
2024 1.378.660.680 -376.15%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Zhongtai Securities Co., Ltd. Gross Profit
Year Gross Profit Growth
2005 86.227.032
2006 292.848.745 70.56%
2007 5.141.636.705 94.3%
2008 2.684.877.586 -91.5%
2009 5.553.674.999 51.66%
2010 4.548.638.876 -22.1%
2011 3.041.545.503 -49.55%
2012 2.993.912.400 -1.59%
2013 4.058.658.700 26.23%
2014 5.852.928.200 30.66%
2015 15.024.027.166 61.04%
2016 7.729.559.810 -94.37%
2017 7.297.237.814 -5.92%
2018 3.696.395.195 -97.41%
2019 6.466.243.321 42.84%
2020 8.126.356.234 20.43%
2021 10.239.005.995 20.63%
2022 6.766.981.691 -51.31%
2023 10.615.541.688 36.25%
2023 14.016.527.107 24.26%
2024 9.769.837.960 -43.47%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Zhongtai Securities Co., Ltd. Net Profit
Year Net Profit Growth
2005 -19.426.860
2006 77.161.136 125.18%
2007 2.103.188.453 96.33%
2008 816.327.649 -157.64%
2009 2.324.058.915 64.87%
2010 1.454.611.065 -59.77%
2011 438.687.990 -231.58%
2012 474.357.800 7.52%
2013 869.628.500 45.45%
2014 1.873.533.400 53.58%
2015 6.062.485.984 69.1%
2016 2.451.977.469 -147.25%
2017 1.795.153.414 -36.59%
2018 1.009.145.069 -77.89%
2019 2.249.463.067 55.14%
2020 2.525.298.270 10.92%
2021 3.200.009.354 21.08%
2022 590.207.682 -442.18%
2023 1.017.674.236 42%
2023 1.799.796.559 43.46%
2024 279.549.424 -543.82%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Zhongtai Securities Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 1 100%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Zhongtai Securities Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2006 1.524.021.665
2007 21.827.759.244 93.02%
2008 -8.075.269.367 370.3%
2009 15.105.452.860 153.46%
2010 -261.951.764 5866.5%
2011 -11.112.232.932 97.64%
2012 -1.946.268.927 -470.95%
2013 -4.377.383.959 55.54%
2014 15.335.216.470 128.54%
2015 3.495.890.612 -338.66%
2016 -2.807.786.507 224.51%
2017 -29.525.055.873 90.49%
2018 7.391.528.697 499.44%
2019 10.989.627.413 32.74%
2020 1.938.653.872 -466.87%
2021 -225.196.823 960.87%
2022 14.819.290.698 101.52%
2023 -637.228.422 2425.59%
2023 -1.632.112.765 60.96%
2024 3.895.539.377 141.9%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Zhongtai Securities Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2006 1.532.346.041
2007 22.456.243.823 93.18%
2008 -7.600.439.923 395.46%
2009 15.301.051.759 149.67%
2010 391.816.627 -3805.16%
2011 -10.891.303.349 103.6%
2012 -1.790.286.727 -508.36%
2013 -3.944.191.659 54.61%
2014 15.518.375.170 125.42%
2015 3.800.139.220 -308.36%
2016 -2.321.738.819 263.68%
2017 -29.040.990.897 92.01%
2018 7.604.043.928 481.92%
2019 11.141.066.209 31.75%
2020 2.148.771.692 -418.49%
2021 2.272.074.709 5.43%
2022 16.520.198.069 86.25%
2023 301.235.945 -5384.14%
2023 -990.647.482 130.41%
2024 3.954.144.961 125.05%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Zhongtai Securities Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2006 8.324.375
2007 628.484.579 98.68%
2008 474.829.444 -32.36%
2009 195.598.899 -142.76%
2010 653.768.391 70.08%
2011 220.929.583 -195.92%
2012 155.982.200 -41.64%
2013 433.192.300 63.99%
2014 183.158.700 -136.51%
2015 304.248.607 39.8%
2016 486.047.688 37.4%
2017 484.064.976 -0.41%
2018 212.515.230 -127.78%
2019 151.438.795 -40.33%
2020 210.117.819 27.93%
2021 2.497.271.532 91.59%
2022 1.700.907.371 -46.82%
2023 938.464.367 -81.24%
2023 641.465.283 -46.3%
2024 58.605.584 -994.55%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Zhongtai Securities Co., Ltd. Equity
Year Equity Growth
2005 561.692.065
2006 2.060.410.024 72.74%
2007 4.328.328.680 52.4%
2008 9.321.778.401 53.57%
2009 10.997.371.081 15.24%
2010 10.759.728.160 -2.21%
2011 11.118.395.705 3.23%
2012 11.561.168.100 3.83%
2013 12.003.247.000 3.68%
2014 14.531.349.700 17.4%
2015 32.186.912.649 54.85%
2016 32.800.032.119 1.87%
2017 34.137.582.588 3.92%
2018 32.763.901.698 -4.19%
2019 35.006.567.131 6.41%
2020 34.429.747.247 -1.68%
2021 37.159.765.039 7.35%
2022 39.669.635.838 6.33%
2023 42.353.201.765 6.34%
2023 39.328.129.640 -7.69%
2024 39.523.592.678 0.49%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Zhongtai Securities Co., Ltd. Assets
Year Assets Growth
2005 1.464.366.360
2006 4.482.941.665 67.33%
2007 32.938.374.623 86.39%
2008 24.770.258.424 -32.98%
2009 44.959.681.698 44.91%
2010 42.476.545.672 -5.85%
2011 33.512.271.000 -26.75%
2012 33.450.007.200 -0.19%
2013 37.951.767.100 11.86%
2014 84.267.693.200 54.96%
2015 136.014.819.563 38.05%
2016 123.025.808.371 -10.56%
2017 132.237.803.352 6.97%
2018 135.962.990.302 2.74%
2019 146.613.149.711 7.26%
2020 174.509.560.415 15.99%
2021 204.689.764.870 14.74%
2022 198.893.934.656 -2.91%
2023 202.170.409.923 1.62%
2023 195.658.686.810 -3.33%
2024 195.048.261.743 -0.31%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Zhongtai Securities Co., Ltd. Liabilities
Year Liabilities Growth
2005 902.674.294
2006 2.422.531.640 62.74%
2007 28.610.045.941 91.53%
2008 15.448.480.023 -85.2%
2009 33.962.310.615 54.51%
2010 31.716.817.511 -7.08%
2011 22.393.875.295 -41.63%
2012 21.888.839.100 -2.31%
2013 25.948.520.100 15.65%
2014 69.736.343.500 62.79%
2015 103.827.906.912 32.83%
2016 90.225.776.250 -15.08%
2017 98.100.220.763 8.03%
2018 103.199.088.603 4.94%
2019 111.606.582.579 7.53%
2020 140.079.813.166 20.33%
2021 167.529.999.830 16.39%
2022 159.224.298.817 -5.22%
2023 159.817.208.158 0.37%
2023 156.328.103.917 -2.23%
2024 155.522.215.812 -0.52%

Zhongtai Securities Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1.82
Net Income per Share
0.08
Price to Earning Ratio
99.77x
Price To Sales Ratio
4.42x
POCF Ratio
9.04
PFCF Ratio
10.64
Price to Book Ratio
1.51
EV to Sales
10.42
EV Over EBITDA
155.35
EV to Operating CashFlow
21.34
EV to FreeCashFlow
25.11
Earnings Yield
0.01
FreeCashFlow Yield
0.09
Market Cap
56,10 Bil.
Enterprise Value
132,33 Bil.
Graham Number
3.11
Graham NetNet
-16.03

Income Statement Metrics

Net Income per Share
0.08
Income Quality
11.03
ROE
0.01
Return On Assets
0
Return On Capital Employed
0.01
Net Income per EBT
0.64
EBT Per Ebit
1.12
Ebit per Revenue
0.06
Effective Tax Rate
0.13

Margins

Sales, General, & Administrative to Revenue
0.64
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.73
Operating Profit Margin
0.06
Pretax Profit Margin
0.07
Net Profit Margin
0.04

Dividends

Dividend Yield
0
Dividend Yield %
0.5
Payout Ratio
4.82
Dividend Per Share
0.04

Operating Metrics

Operating Cashflow per Share
0.89
Free CashFlow per Share
0.76
Capex to Operating CashFlow
0.15
Capex to Revenue
0.07
Capex to Depreciation
1.54
Return on Invested Capital
0.01
Return on Tangible Assets
0
Days Sales Outstanding
1259.62
Days Payables Outstanding
235.58
Days of Inventory on Hand
0
Receivables Turnover
0.29
Payables Turnover
1.55
Inventory Turnover
0
Capex per Share
0.13

Balance Sheet

Cash per Share
1,57
Book Value per Share
5,67
Tangible Book Value per Share
5.52
Shareholders Equity per Share
5.32
Interest Debt per Share
12.92
Debt to Equity
2.34
Debt to Assets
0.45
Net Debt to EBITDA
89.5
Current Ratio
0
Tangible Asset Value
38,44 Bil.
Net Current Asset Value
-155,52 Bil.
Invested Capital
-58450480651
Working Capital
-64,59 Bil.
Intangibles to Total Assets
0.01
Average Receivables
44,33 Bil.
Average Payables
2,49 Bil.
Average Inventory
0
Debt to Market Cap
1.55

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Zhongtai Securities Co., Ltd. Dividends
Year Dividends Growth
2021 0
2022 0 0%
2023 0 0%
2024 0 0%

Zhongtai Securities Co., Ltd. Profile

About Zhongtai Securities Co., Ltd.

Zhongtai Securities Co., Ltd. provides securities brokerage services in China. It provides wealth and asset management services; income certificates and other private equity products; and margin financing and securities lending, equity and debt financing, refinancing, securities trading, stock pledged repurchase trading, and equity incentive exercise financing services. The company also offers underwriting and sponsorship, investment and financial consulting, margin trading, fund and financial product agency sales, fund custody, futures, and other services. In addition, it provides investment banking and proprietary securities; research and consulting; custody, outsourcing, operation, and institutional brokerage; and risk and compliance management services, as well as financial technology services. The company was formerly known as Qilu Securities Co., Ltd. Zhongtai Securities Co., Ltd. was founded in 2001 and is based in Jinan, China.

CEO
Mr. Yidong Feng
Employee
9.889
Address
No. 86, Jingqi Road
Jinan, 250001

Zhongtai Securities Co., Ltd. Executives & BODs

Zhongtai Securities Co., Ltd. Executives & BODs
# Name Age
1 Zhang Jing
Financial Director
70
2 Mr. Hao Zhang
Deputy GM & Chief Wealth Officer
70
3 Mr. Yong Zhang
Chief Information Officer
70
4 Mr. Yidong Feng
MD & Director
70
5 Ms. Hui Zhang
Employee Representative Director & Board Secretary
70

Zhongtai Securities Co., Ltd. Competitors