Northeast Securities Co Ltd
SZSE:000686

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Northeast Securities Co Ltd
SZSE:000686
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Price: 9.03 CNY -0.55% Market Closed
Market Cap: ¥21.1B

Operating Margin

35.8%
Current
Improving
by 21.1%
vs 3-y average of 14.8%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
35.8%
=
Operating Income
¥2.1B
/
Revenue
¥5.8B

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
35.8%
=
Operating Income
¥2.1B
/
Revenue
¥5.8B

Peer Comparison

Country Company Market Cap Operating
Margin
CN
Northeast Securities Co Ltd
SZSE:000686
21.1B CNY
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US
Goldman Sachs Group Inc
NYSE:GS
270.4B USD
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US
Morgan Stanley
NYSE:MS
271.2B USD
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EG
EFG Hermes Holdings SAE
LSE:EFGD
167.9B USD
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US
Charles Schwab Corp
NYSE:SCHW
167B USD
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US
Interactive Brokers Group Inc
NASDAQ:IBKR
126.3B USD
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US
Robinhood Markets Inc
NASDAQ:HOOD
68.3B USD
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CN
CITIC Securities Co Ltd
SSE:600030
412.9B CNY
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CN
Guotai Junan Securities Co Ltd
SSE:601211
351B CNY
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US
Raymond James Financial Inc
NYSE:RJF
31.1B USD
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CN
Huatai Securities Co Ltd
SSE:601688
202.3B CNY
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Market Distribution

Higher than 95% of companies in China
Percentile
95th
Based on 8 544 companies
95th percentile
35.8%
Low
-409 046.1% — -1.4%
Typical Range
-1.4% — 10.3%
High
10.3% — 876.4%
Distribution Statistics
China
Min -409 046.1%
30th Percentile -1.4%
Median 4.2%
70th Percentile 10.3%
Max 876.4%

Northeast Securities Co Ltd
Glance View

Market Cap
21.1B CNY
Industry
Financial Services

In the bustling financial markets of China, Northeast Securities Co Ltd has carved a niche for itself as a comprehensive brokerage firm. Established in 1991, this Shenyang-based company has grown steadily by navigating the complex labyrinth of securities and investment management. The lifeblood of Northeast Securities flows through its brokerage services, where it facilitates stock transactions for individual and institutional investors. By earning commissions on each trade, it robustly anchors its business model. But the firm doesn’t stop there; it diversifies its revenue streams through providing financial advisory services, wealth management, and leveraging proprietary trading. By maintaining a keen understanding of market trends and a responsive approach to client needs, it secures its foothold in a highly competitive environment. Moreover, investment banking is another pillar supporting Northeast Securities' profitability, involving fundraising and advisory services for corporate finance. Here, the company plays a crucial intermediary role in public offerings and bond issuance, drawing fees for its expertise in capital markets. This segment, enriched by a strategic network and industry insight, enables the firm to delve deeply into mergers and acquisitions, further amplifying its revenue. With a presence in various realms of the financial sector, Northeast Securities Co Ltd melds traditional brokerage operations with modern investment banking practices, ensuring its adaptability and resilience in the rapidly evolving landscape of Chinese financial services.

Intrinsic Value
14.43 CNY
Undervaluation 37%
Intrinsic Value
Price
What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
35.8%
=
Operating Income
¥2.1B
/
Revenue
¥5.8B
What is Northeast Securities Co Ltd's current Operating Margin?

The current Operating Margin for Northeast Securities Co Ltd is 35.8%, which is above its 3-year median of 14.8%.

How has Operating Margin changed over time?

Over the last 3 years, Northeast Securities Co Ltd’s Operating Margin has increased from 13.9% to 35.8%. During this period, it reached a low of 1.2% on Jun 30, 2024 and a high of 35.8% on Sep 30, 2025.

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