China Galaxy Securities Co., Ltd. logo

China Galaxy Securities Co., Ltd.

6881.HK

HKSEFinancial ServicesFinancial - Conglomerates

Latest quote

HK$7.66

−HK$0.06 · -0.78%

Aug 24, 11:03 AM HKT

6881.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

China Galaxy Securities Co., Ltd. is a prominent financial services provider operating throughout the People's Republic of China. The company offers a comprehensive suite of solutions, including both securities and futures brokerage, where it facilitates client transactions, provides margin financing, and offers securities lending services. Additionally, it engages in futures information consultancy and specialized training activities. Its proprietary trading division actively invests in and trades a diverse array of financial instruments, encompassing equities, fixed-income securities, investment funds, derivatives, and other market products. For its institutional clients, the Investment Banking arm delivers crucial corporate financial services, notably through the underwriting of both equity and debt securities, alongside expert financial advisory. The Asset Management segment is responsible for sophisticated portfolio management, investment guidance, and transaction execution capabilities. Furthermore, its Private Equity and Alternative Investment unit specializes in making equity investments in unlisted companies. Expanding its operational scope internationally, the Overseas Business segment mirrors many of its domestic offerings, providing a comprehensive array of services such as securities and futures brokerage, research, investment banking, margin financing, money lending, asset management, and insurance brokerage. China Galaxy Securities caters to a broad and varied clientele, ranging from multinational corporations and small-to-medium enterprises to high-net-worth individuals and retail investors. As of December 31, 2021, its extensive operational footprint included 37 branch offices and 501 securities branches. Established in Beijing in 2007, the company functions as a key subsidiary of China Galaxy Financial Holdings Company Limited.

Industry
Financial - Conglomerates
Sector
Financial Services
Headquarters
CN
CEO
Sheng Wang
Listed since
May 22, 2013
Employees
14,259

Market position

Day range

Current HK$7.66

52-week range

Current HK$7.66

Open
HK$7.72
Previous close
HK$7.72
Volume
31.62M
1.7× average
Average volume
18.65M
Average daily volume
Market cap
28.27B HKD
Beta
0.6
Market reference 1
50-day average
HK$7.5565
+1.37% above average
200-day average
HK$9.0364
-15.23% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
313.08B CNY
EV / EBITDA
14.25×
Earnings yield
12.38%
Free cash flow yield
40.80%

Profitability & efficiency

Return on equity
10.34%
Return on assets
1.42%
Return on invested capital
2.09%

Financial health

Current ratio
1.73×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends91%68%45%21%Gross margin, FY2021: 73.64%Gross margin, FY2022: 66.80%Gross margin, FY2023: 64.39%Gross margin, FY2024: 68.90%Gross margin, FY2025: 85.50%Operating margin, FY2021: 41.42%Operating margin, FY2022: 29.00%Operating margin, FY2023: 28.16%Operating margin, FY2024: 32.04%Operating margin, FY2025: 55.59%Net margin, FY2021: 33.77%Net margin, FY2022: 28.26%Net margin, FY2023: 27.27%Net margin, FY2024: 30.56%Net margin, FY2025: 32.84%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 73.64%. Gross margin FY2022 66.80%. Gross margin FY2023 64.39%. Gross margin FY2024 68.90%. Gross margin FY2025 85.50%. Operating margin FY2021 41.42%. Operating margin FY2022 29.00%. Operating margin FY2023 28.16%. Operating margin FY2024 32.04%. Operating margin FY2025 55.59%. Net margin FY2021 33.77%. Net margin FY2022 28.26%. Net margin FY2023 27.27%. Net margin FY2024 30.56%. Net margin FY2025 32.84%.

Income trends

Revenue

37.13B CNY+13.12%

Operating income

20.64B CNY+96.26%

Net income

12.2B CNY+21.58%
Income trends across reported periods40.07B CNY28.32B CNY16.58B CNY4.83B CNYRevenue, FY2021: 30.88B CNYRevenue, FY2022: 27.49B CNYRevenue, FY2023: 28.89B CNYRevenue, FY2024: 32.83B CNYRevenue, FY2025: 37.13B CNYOperating income, FY2021: 12.79B CNYOperating income, FY2022: 7.97B CNYOperating income, FY2023: 8.13B CNYOperating income, FY2024: 10.52B CNYOperating income, FY2025: 20.64B CNYNet income, FY2021: 10.43B CNYNet income, FY2022: 7.77B CNYNet income, FY2023: 7.88B CNYNet income, FY2024: 10.03B CNYNet income, FY2025: 12.2B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 30.88B CNY. Revenue FY2022 27.49B CNY. Revenue FY2023 28.89B CNY. Revenue FY2024 32.83B CNY. Revenue FY2025 37.13B CNY. Operating income FY2021 12.79B CNY. Operating income FY2022 7.97B CNY. Operating income FY2023 8.13B CNY. Operating income FY2024 10.52B CNY. Operating income FY2025 20.64B CNY. Net income FY2021 10.43B CNY. Net income FY2022 7.77B CNY. Net income FY2023 7.88B CNY. Net income FY2024 10.03B CNY. Net income FY2025 12.2B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue37.13B CNY32.83B CNY28.89B CNY27.49B CNY30.88B CNY
Cost of goods sold5.38B CNY10.21B CNY10.29B CNY9.13B CNY8.14B CNY
Gross profit31.75B CNY22.62B CNY18.6B CNY18.36B CNY22.74B CNY
Selling, general, and administrative1.27B CNY1.3B CNY1.22B CNY1.24B CNY1.16B CNY
Operating expenses11.11B CNY12.1B CNY10.47B CNY10.39B CNY9.95B CNY
Interest income15.69B CNY14.06B CNY14.45B CNY14.29B CNY13.6B CNY
Interest expense6.76B CNY10.21B CNY10.29B CNY9.13B CNY8.14B CNY
Depreciation and amortization1.18B CNY1.16B CNY1.1B CNY970.42M CNY825.88M CNY
Operating income20.64B CNY10.52B CNY8.13B CNY7.97B CNY12.79B CNY
Net income12.2B CNY10.03B CNY7.88B CNY7.77B CNY10.43B CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
50%
1 beat, 1 miss, 0 met estimates
Average EPS surprise
+10.72%
2 comparable reports
Latest EPS result
0.32
Estimate 0.53 · Miss by 39.62%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.630.480.340.19Q3 '24No estimateQ4 '24No estimateQ1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25BeatQ2 '26MissQ3 '26Estimate
Q3 2024, reported Aug 29, 2024: actual 0.376, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 30, 2024: actual 0.221, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Jan 23, 2025: actual 0.34, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 29, 2025: actual 0.267, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 28, 2025: actual 0.592, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 30, 2025: actual 0.404, estimate 0.251, surprise +61.05%, Beat. Q2 2026, reported Apr 27, 2026: actual 0.319, estimate 0.528, surprise -39.62%, Miss. Q3 2026, reported Aug 28, 2026: actual —, estimate 0.46, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates21.61B16.72B11.82B6.92BQ3 '24No estimateQ4 '24No estimateQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ2 '26MissQ3 '26Estimate
Q3 2024, reported Aug 29, 2024: actual 16.78B HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 30, 2024: actual 10.49B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Jan 23, 2025: actual 10.03B HKD, estimate 11.24B HKD, surprise -10.75%, Miss. Q2 2025, reported Apr 29, 2025: actual 8.06B HKD, estimate 11.2B HKD, surprise -28.01%, Miss. Q3 2025, reported Aug 28, 2025: actual 20.6B HKD, estimate 18.9B HKD, surprise +9.02%, Beat. Q4 2025, reported Oct 30, 2025: actual 9.34B HKD, estimate 8.08B HKD, surprise +15.59%, Beat. Q2 2026, reported Apr 27, 2026: actual 8.27B HKD, estimate 9.11B HKD, surprise -9.27%, Miss. Q3 2026, reported Aug 28, 2026: actual —, estimate 7.93B HKD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.3517

2025 complete year+33.2% since 2021

2026 partial: HK$0.2587

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jul 6, 2026

HK$0.2587

Semi-Annual

Record Jul 7, 2026 · Payment Aug 21, 2026

Dividend

Ex-dividend Nov 7, 2025

HK$0.137

Semi-Annual

Record Nov 10, 2025 · Payment Dec 24, 2025

Dividend

Ex-dividend Jul 4, 2025

HK$0.2147

Semi-Annual

Record Jul 7, 2025 · Payment Aug 21, 2025

Dividend

Ex-dividend Dec 4, 2024

HK$0.0909

Semi-Annual

Record Dec 5, 2024 · Payment Jan 21, 2025

Dividend

Ex-dividend Jul 8, 2024

HK$0.2411

Annual

Record Jul 9, 2024 · Payment Aug 20, 2024

Dividend

Ex-dividend Jul 11, 2023

HK$0.2452

Annual

Record Jul 12, 2023 · Payment Aug 28, 2023

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