Company GF Securities Co., Ltd.

Equities

000776

CNE0000008L2

Investment Banking & Brokerage Services

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for GF Securities Co., Ltd.

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Brokerage Services

End-of-day quote Shenzhen Stock Exchange Other stock markets 06:00:00 2023-11-30 pm EST			5-day change	1st Jan Change
14.51 ^CNY	+0.69%		-0.34%	-6.33%

Nov. 30	Yan Palace Bird's Nest Launches Up to HK$352 Million Hong Kong IPO	MT
Nov. 27	China's money market shows signs of liquidity tightness towards month-end	RE

GF Securities Co., Ltd. specializes in financial services. The activity is organized around four areas:

- wealth management;

- securities brokerage services;

- financial placement consulting services;

- investment bank.

CNY in Million	2021	Weight	2022	Weight	Delta
Wealth Management 44.2 %	13,645	39.8 %	11,102	44.2 %	-18.64%
Investment Management 39.6 %	12,663	37.0 %	9,943	39.6 %	-21.47%
Trading and Institutional 11.4 %	6,867	20.0 %	2,866	11.4 %	-58.27%
Others 2.5 %	640	1.9 %	619	2.5 %	-3.20%
Investment Banking 2.4 %	436	1.3 %	602	2.4 %	+38.20%

CNY in Million	2021	Weight	2022	Weight	Delta
China 105.6 %	35,927	104.9 %	26,541	105.6 %	-26.13%
Offset -7.2 %	-2,250	-6.6 %	-1,805	-7.2 %	-19.78%
Overseas 1.6 %	573	1.7 %	396	1.6 %	-30.87%

Managers	Title	Age	Since
Chuan Hui Lin CEO	Chief Executive Officer	59	2020
Xiao Yan Sun DFI	Director of Finance/CFO	51	2006
You Jun Xu CMP	Compliance Officer	51	-
Zhi Yun Xin CTO	Chief Tech/Sci/R&D Officer	53	2018
Ji Fu Wu CMP	Compliance Officer	58	2010
Li Qin BRD	Director/Board Member	55	1997
Zhou Hang Cui HRO	Human Resources Officer	-	2012
Wei Zhang PRN	Corporate Officer/Principal	48	2008
Xi Ou Yang PRN	Corporate Officer/Principal	56	1995

Members of the board	Title	Age	Since
Shu Zhi Shang BRD	Director/Board Member	71	2001
Xiao Yan Sun DFI	Director of Finance/CFO	51	2006
Li Qin BRD	Director/Board Member	55	1997
Lifu Fan BRD	Director/Board Member	51	2018
Bin Hu BRD	Director/Board Member	52	2020
Jian Huang Lai BRD	Director/Board Member	59	2020
Xin Lu BRD	Director/Board Member	60	2020
Jing Yi Guo BRD	Director/Board Member	48	2020
Xi Tai Zhou CHM	Chairman	59	2022
Xin Yu Yi BRD	Director/Board Member	39	2010

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	5,919,291,464	2,730,085,293 ( 46.12 %)	15,242,153 ( 0.2575 %)	48.36 %
Stock B	1	1,701,796,200	955,327,600 ( 56.14 %)	0

Name	Equities	%	Valuation
Gf Securities Co. Ltd. Trade Union 16.01 %	272,500,600	16.01 %	355 M ¥
JILIN AODONG PHARMACEUTICAL GROUP CO., LTD. 15.06 %	256,290,400	15.06 %	333 M ¥
LIAONING CHENG DA CO., LTD. 6.862 %	116,773,600	6.862 %	152 M ¥
ZHONGSHAN PUBLIC UTILITIES GROUP CO.,LTD 5.929 %	100,904,000	5.929 %	131 M ¥
Pzena Investment Management LLC 1.329 %	22,616,600	1.329 %	29 M ¥
SEI Investments (Europe) Ltd. 0.3937 %	6,700,600	0.3937 %	9 M ¥
BlackRock Financial Management, Inc. 0.2936 %	4,997,200	0.2936 %	7 M ¥
CIBC Asset Management, Inc. 0.2763 %	4,702,436	0.2763 %	6 M ¥
M&G Investment Management Ltd. 0.1791 %	3,047,200	0.1791 %	4 M ¥
JPMorgan Asset Management (UK) Ltd. 0.1738 %	2,957,000	0.1738 %	4 M ¥

Name	Equities	%	Valuation
China Securities Finance Corp. Ltd. 3.850 %	227,870,638	3.850 %	462 M ¥
Guotai Asset Management Co., Ltd. 1.126 %	66,661,730	1.126 %	135 M ¥
The Vanguard Group, Inc. 0.9759 %	57,763,866	0.9759 %	117 M ¥
Hwabao WP Fund Management Co., Ltd. 0.8395 %	49,690,734	0.8395 %	101 M ¥
China Southern Asset Management Co., Ltd. 0.7478 %	44,261,661	0.7478 %	90 M ¥
ICBC Credit Suisse Asset Management Co., Ltd. 0.4666 %	27,617,854	0.4666 %	56 M ¥
Tian Hong Asset Management Co., Ltd. 0.4608 %	27,275,651	0.4608 %	55 M ¥
E Fund Management Co., Ltd. 0.4511 %	26,702,771	0.4511 %	54 M ¥
Fullgoal Fund Management Co., Ltd. 0.3681 %	21,787,985	0.3681 %	44 M ¥
Norges Bank Investment Management 0.3642 %	21,556,523	0.3642 %	44 M ¥

Name	Equities	%	Valuation
MIRACLE AUTOMATION ENGINEERING CO.LTD 5.08%	1,808,318	5.08%	3,093,725 $
CHONGQING HONGJIU FRUIT CO., LIMITED 0.90%	8,536,500	0.90%	5,138,546 $
SHENZHEN CHANGHONG TECHNOLOGY CO., LTD. 0.79%	1,667,875	0.79%	4,255,099 $
GF SECURITIES CO., LTD. 0.26%	15,242,153	0.26%	30,908,800 $

GF Securities Co., Ltd.

38/F-44/F, Metropolitan Plaza 183-187 Tianhe North Road

510620, Guangzhou

+86 20 6633 8888

http://www.gf.com.cn

Name	Category and Sector
GF Fund Management Co., Ltd.	Finance - Investment Managers
GF Securities (Hong Kong) Brokerage Ltd.	Finance - Investment Banks/Brokers
GF Holdings (Hong Kong) Corp. Ltd.	Finance - Investment Banks/Brokers
GF Securities Asset Management (Guangdong) Co., Ltd.	Finance - Investment Managers
GFI Nard Master Fund SPC	Miscellaneous - Investment Trusts/Mutual Funds
GFI China Growth Fund SP	Miscellaneous - Investment Trusts/Mutual Funds
Frontline Investment Master SPC	-
Golden Fortune Opportunity Fund	Miscellaneous - Investment Trusts/Mutual Funds
GF Financial Holdings BVI Ltd.	Finance - Financial Conglomerates

Trading Rating :

Investor Rating :

ESG Refinitiv :

B-

More Ratings

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

14.51CNY

Average target price

18.04CNY

Spread / Average Target

+24.33%

Consensus

Estimates Revisions

Company calendar

Financials

Banking & Investment Services

Investment Banking & Investment Services

Investment Banking & Brokerage Services

Brokerage Services

	1st Jan change	Capi.
GF SECURITIES CO., LTD.	-6.33%	14 051 M $
EAST MONEY INFORMATION CO.,LTD.	-8.95%	32 514 M $
GUOTAI JUNAN SECURITIES CO., LTD.	+10.89%	17 378 M $
CHINA GALAXY SECURITIES CO., LTD.	+9.19%	14 004 M $
XP INC.	+55.93%	12 765 M $
ORIENT SECURITIES COMPANY LIMITED	-1.45%	9 534 M $
CINDA SECURITIES CO., LTD.	0.00%	8 885 M $
INTERACTIVE BROKERS GROUP, INC.	+8.02%	8 330 M $
SDIC CAPITAL CO.,LTD	+9.70%	6 213 M $
ZHESHANG SECURITIES CO., LTD.	+6.45%	5 652 M $

Brokerage Services