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Jilin state-backed full-service securities brokerage offering brokerage, investment banking and asset management.
Jilin state-backed full-service securities brokerage offering brokerage, investment banking and asset management.
Earns commissions on customer trades, interest on margin loans and returns on its own investment book, with underwriting and advisory fees as the smaller part, so profits swing with stock-market turnover and prices. Jilin province's state-owned system backs it.
Moat: narrow (regulatory licence, distribution). Regulated brokerage licence, but a largely commoditized business among ~140 similar brokers.
Headquarters: Changchun, Jilin, China · Employees: 3,710
Size Northeast Securities (000686.SZ) is a China Financials company (Investment Banks/Brokers) with a market value of $2.52B, the 1023rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥7.18 on 6 Nov 2026.
Performance Over six months the shares fell 17.2%, against -10.9% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 20 in its peer set.
Growth Revenue grew 1.3% over the last twelve months (peer median +14.2%); the operating margin is 22.7% (peer median 35.7%).
Valuation It trades at 11.1× forward earnings against a peer median of 13.7× (5th cheapest of 15).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥6.44B | CN¥6.05B | CN¥5.56B | CN¥5.33B | CN¥4.58B |
| Revenue growth | — | +9% | +4% | +16% | — |
| Gross profit | CN¥5.18B | CN¥5.14B | CN¥4.88B | CN¥4.63B | CN¥3.86B |
| EBITDA | n/a | CN¥2.83B | CN¥2.39B | CN¥1.97B | CN¥1.21B |
| Net income | CN¥1.40B | CN¥1.45B | CN¥874M | CN¥668M | CN¥231M |
| Free cash flow | CN¥1.98B | CN¥3.30B | CN¥6.02B | CN¥4.84B | CN¥4.17B |
| Capital expenditure | CN¥156M | CN¥93.1M | CN¥180M | CN¥294M | CN¥271M |
| Total debt | CN¥49.4B | CN¥52.0B | CN¥39.9B | CN¥39.7B | CN¥35.1B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Northeast Securities 000686.SZ | $2.52B | -17% | +1% | 23% | 11.1× | n/a |
| CITIC Securities 600030.SS | $56.4B | -6% | -16% | 54% | 10.2× | n/a |
| Guotai Haitong Securities 601211.SS | $40.4B | +2% | +3% | 44% | 8.9× | n/a |
| Dongxing Securities 601198.SS | n/a | -4% | n/a | n/a | n/a | n/a |
| Founder Securities 601901.SS | $8.52B | -4% | -21% | 47% | 11.7× | n/a |
| Soochow Securities 601555.SS | $5.64B | -5% | +3% | 36% | 10.3× | n/a |
| Caitong Securities 601108.SS | $5.12B | -11% | -12% | 31% | 10.7× | n/a |
| Western Securities 002673.SZ | $3.83B | -14% | -2% | 29% | n/a | n/a |
| Guoyuan Securities 000728.SZ | $4.53B | -6% | -23% | 34% | 10.3× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 000686.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.5% | -2.9% | 10th lowest of 21 |
| 6-month return | -17.2% | -10.9% | 7th lowest of 20 |
| Distance from 52-week high | -35.3% | -24.5% | 7th lowest of 21 |
| Revenue growth (TTM) | +1.3% | +14.2% | 5th lowest of 21 |
| Operating margin | 22.7% | 35.7% | 4th lowest of 20 |
| Forward P/E | 11.1× | 13.7× | 5th cheapest of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Northeast Securities 000686.SZ | China | $2.52B | -17% | +1% | 23% | 11.1× | n/a | n/a |
| CMC Markets CMCX.L | United Kingdom | $2.54B | +79% | +16% | 27% | 10.5× | n/a | n/a |
| Aozora Bank 8304.T | Japan | $2.60B | +17% | +12% | 29% | 14.4× | n/a | n/a |
| Lincoln International LCLN | United States | $2.65B | n/a | +35% | 28% | 18.3× | n/a | n/a |
| Oshidori International 0622.HK | Hong Kong | $2.67B | +52% | +71% | 47% | n/a | n/a | n/a |
| Compagnie Financiere Tradition CFT.SW | Switzerland | $2.37B | -15% | +3% | 14% | 13.1× | n/a | n/a |
| UOB-Kay Hian U10.SI | Singapore | $2.36B | -29% | +36% | 42% | 9.4× | n/a | n/a |
| President Securities 2855.TW | Taiwan | $2.34B | +24% | +796% | 32% | n/a | n/a | n/a |
| Shanxi Securities 002500.SZ | China | $2.73B | -10% | -3% | 28% | 16.4× | n/a | n/a |
| flatexDEGIRO FTK.DE | Germany | $2.78B | -27% | +20% | 45% | 11.1× | n/a | n/a |
| Yongan Futures 600927.SS | China | $2.83B | -12% | -139% | n/a | 24.3× | n/a | n/a |
| Central China Securities 601375.SS | China | $2.19B | -6% | +35% | 32% | 29.3× | n/a | n/a |
| Guosheng Securities 002670.SZ | China | $2.92B | -20% | -11% | 11% | n/a | n/a | n/a |
| Central Depository Services (India) CDSL.NS | India | $2.95B | +5% | +3% | 50% | 52.1× | n/a | n/a |
| TP ICAP TCAP.L | United Kingdom | $2.97B | -1% | +4% | 11% | 8.9× | n/a | n/a |
| HUAXI Securities 002926.SZ | China | $3.01B | -12% | +10% | 36% | 11.4× | n/a | n/a |
| Tata Investment TATAINVEST.NS | India | $3.06B | -22% | +18% | 89% | n/a | n/a | n/a |
| Metaplanet 3350.T | Japan | $2.05B | -27% | +290% | 62% | n/a | n/a | n/a |
| Capital Securities 6005.TW | Taiwan | $2.04B | -7% | +81% | 46% | n/a | n/a | n/a |
| Plus500 PLUS.L | United Kingdom | $3.12B | -26% | +3% | 41% | 10.4× | n/a | n/a |
| Minmetals Capital 600390.SS | China | $3.15B | -11% | -62% | 60% | 51.9× | n/a | n/a |