Financials Soochow Securities Co., Ltd.

Equities

601555

CNE1000019P8

Investment Management & Fund Operators

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
6.69 CNY +6.19% Intraday chart for Soochow Securities Co., Ltd. +6.70% -8.48%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 20,100 29,970 38,262 44,366 32,699 33,241 33,241 -
Enterprise Value (EV) 1 20,100 29,970 38,262 44,366 32,699 33,241 33,241 33,241
P/E ratio 55.8 x 29.4 x 21.4 x 15 x 18.7 x 12.3 x 11.3 x 9.89 x
Yield 1.34% 1.3% 1.59% 1.9% 2.42% 2.85% 3.1% 3.54%
Capitalization / Revenue 4.83 x 5.84 x 5.2 x 4.8 x 3.12 x 2.55 x 2.43 x 2.26 x
EV / Revenue 4.83 x 5.84 x 5.2 x 4.8 x 3.12 x 2.55 x 2.43 x 2.26 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1 x 1.43 x 1.37 x 1.2 x 0.86 x 0.65 x 0.62 x 0.59 x
Nbr of stocks (in thousands) 3,000,000 3,000,000 3,880,519 5,007,503 5,007,503 4,968,703 4,968,703 -
Reference price 2 6.700 9.990 9.860 8.860 6.530 6.690 6.690 6.690
Announcement Date 4/19/19 4/24/20 4/29/21 3/4/22 4/20/23 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 4,162 5,130 7,356 9,245 10,486 13,041 13,663 14,691
EBITDA - - - - - - - -
EBIT - 1,336 - 3,242 2,207 - - -
Operating Margin - 26.04% - 35.07% 21.04% - - -
Earnings before Tax (EBT) 1 376.1 1,334 2,273 3,187 2,192 2,673 2,901 3,314
Net income 1 358.4 1,037 1,707 2,392 1,735 2,116 2,296 2,624
Net margin 8.61% 20.22% 23.21% 25.87% 16.55% 16.23% 16.81% 17.86%
EPS 2 0.1200 0.3400 0.4600 0.5900 0.3500 0.5453 0.5918 0.6762
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.0900 0.1300 0.1570 0.1680 0.1580 0.1908 0.2071 0.2367
Announcement Date 4/19/19 4/24/20 4/29/21 3/4/22 4/20/23 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 Q2 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 3,589 2,336 2,320 2,854 1,338 2,963 4,417 1,768 2,254 3,084 2,698 3,391 3,279 3,416 3,416 3,552
EBITDA - - - - - - - - - - - - - - - -
EBIT - - - - - - - - - - - - - - - -
Operating Margin - - - - - - - - - - - - - - - -
Earnings before Tax (EBT) 1 - 1,164 765.7 690.2 126 835 546.8 683.9 779.9 1,035 426.8 697.9 699.8 730.7 729.6 760.4
Net income 1,031 912.6 568.7 486.7 113.7 704 417.9 499.7 - - - - - - - -
Net margin 28.71% 39.07% 24.52% 17.05% 8.5% 23.76% 9.46% 28.26% - - - - - - - -
EPS - 0.2400 0.1500 0.1000 0.0200 0.1400 0.0900 0.1000 - - - - - - - -
Dividend per Share - - - - - - - - - - - - - - - -
Announcement Date 7/24/20 8/13/21 10/29/21 3/4/22 4/29/22 8/19/22 10/28/22 4/20/23 4/28/23 8/18/23 10/30/23 - - - - -
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 1.75% 5.07% 6.61% 8.42% 4.62% 5.43% 5.62% 6.14%
ROA (Net income/ Total Assets) - 1.15% - 2.07% - - - -
Assets 1 - 90,222 - 115,573 - - - -
Book Value Per Share 2 6.720 6.990 7.180 7.410 7.590 10.30 10.70 11.30
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 4/19/19 4/24/20 4/29/21 3/4/22 4/20/23 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
SELL
Number of Analysts
1
Last Close Price
6.69 CNY
Average target price
6.64 CNY
Spread / Average Target
-0.75%
Consensus
  1. Stock Market
  2. Equities
  3. 601555 Stock
  4. Financials Soochow Securities Co., Ltd.