GF Securities Co Ltd
SZSE:000776

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GF Securities Co Ltd
SZSE:000776
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Price: 21.28 CNY 0.85% Market Closed
Market Cap: ¥161.9B

P/B

1
Current
23%
More Expensive
vs 3-y average of 0.8

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1
=
Market Cap
¥136.8B
/
Total Equity
¥156.1B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1
=
Market Cap
¥136.8B
/
Total Equity
¥156.1B

Valuation Scenarios

GF Securities Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (0.8), the stock would be worth ¥17.28 (19% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-19%
Maximum Upside
+136%
Average Upside
29%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1 ¥21.28
0%
3-Year Average 0.8 ¥17.28
-19%
5-Year Average 1 ¥20
-6%
Industry Average 1.1 ¥22.3
+5%
Country Average 2.4 ¥50.26
+136%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Lower than 81% of companies in China
Percentile
19th
Based on 7 605 companies
19th percentile
1
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

GF Securities Co Ltd
Glance View

Market Cap
161.9B CNY
Industry
Financial Services

GF Securities Co., Ltd., one of China’s leading comprehensive securities firms, has etched its name into the highly competitive financial services industry by engineering a robust network that bridges capital markets with investors. Established in 1991, the firm has carved a niche for itself through its wide range of financial services, including wealth management, investment banking, trading, and institutional client services. At the heart of GF Securities' operations lies its brokerage business, which enables individual investors to trade in stocks, bonds, and other securities, leveraging the company’s technological prowess and extensive market insights. By charging fees and commissions on these trades, the company generates significant revenue, positioning itself as a critical conduit through which financial assets flow. Beyond straightforward brokerage, GF Securities is deeply intertwined with the dynamic pulse of China’s financial ecosystem through its investment banking and asset management sectors. The firm plays a pivotal role in underwriting and facilitating initial public offerings (IPOs), helping corporations raise capital while earning underwriting fees. Its asset management division guides clients through the complex landscape of investments, offering tailored solutions that range from mutual funds to wealth planning. By aligning its services with the shifting economic tides and regulatory landscape of China, GF Securities not only manages to retain a sturdy client base but also continues to expand its influence across global markets, emerging as a hallmark of strategic growth in the ever-evolving securities industry.

Intrinsic Value
46.43 CNY
Undervaluation 54%
Intrinsic Value
Price ¥21.28
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