Who are GF Securities's main competitors?

Named competitors: CITIC Securities (600030.SS), Huatai Securities (601688.SS), China Merchants Securities (600999.SS). The cockpit's measured peer set (industry) also includes China International Capital (3908.HK), Huatai Securities (6886.HK), LPL Financial (LPLA), Euronext (ENX.PA), Singapore Exchange (S68.SI), BSE (BSE.NS).

Is GF Securities expensive compared with its peers?

On forward p/e it trades at 7.8× against a peer median of 14.2×, 4th cheapest of 21 in its peer set.

How has GF Securities stock performed?

Over six months to 6 Nov 2026 the shares returned -10.0% against -2.4% for the median peer; over one year -15.8%.

← CockpitCompetitor Analysis › 000776.SZ GF Securities Co., Ltd. Class AOpen in the cockpit ↗

GF Securities Co., Ltd. Class A000776.SZCompetitor analysis, valuation and peers

China · CNY·Financials›Investment Banks/Brokers

Major Chinese brokerage strong in retail brokerage, investment banking and asset management via its GF Fund Management unit.

Momentum strong 68

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$20.9B

US dollars, full cap

Free float

48%

of shares outstanding

$/day

$139M

20-day average traded

Fwd P/E

7.8×

forward earnings

ROIC−WACC

n/a

WACC 5.0%

Hurdle

n/a

no reverse DCF

Next earnings

140 days

26 Mar 2027

Close · CNYCN¥19.10

1D-1.4%

1W+5.8%

1M-1.1%

3M-8.2%

6M-10.0%

YTD-13.3%

1Y-15.8%

ATR %3.0%

52w lowhigh24.9% off high

What GF Securities does

Major Chinese brokerage strong in retail brokerage, investment banking and asset management via its GF Fund Management unit.

Earns commissions on customer trades, interest on margin loans, underwriting fees, and fees from managing funds through its stake in GF Fund Management, so part of its income follows market activity and part follows assets under management. It is based in Guangzhou.

Products and services

Retail brokerage
Asset/fund management
Investment banking

Customers

Retail investors
corporate issuers
fund investors

Where it sits in the supply chain

Financial services
Securities brokerage
Brokerage, investment banking…

What could go right

Retail trading and fund AUM growth

What could go wrong

Trading-volume cyclicality
Regulatory fee pressure

Moat: narrow (scale, brand). Large brokerage franchise paired with one of China's biggest mutual-fund management arms.

Headquarters: Guangzhou, China · Founded: 1991 · Employees: 13,640

Named competitors

GF Securities at a glance

Size GF Securities (000776.SZ) is a China Financials company (Investment Banks/Brokers) with a market value of $20.9B, the 103rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥19.10 on 6 Nov 2026.

Performance Over six months the shares fell 10.0%, against -2.4% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.

Growth Revenue grew 37.4% over the last twelve months (peer median +16.4%); the operating margin is 42.1% (peer median 36.4%).

Valuation It trades at 7.8× forward earnings against a peer median of 14.2× (4th cheapest of 21).

Next results Next results expected around 26 Mar 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: GF Securities against the median of its 20 peers (local-currency closes).

GF Securities financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥53.8B	CN¥50.8B	CN¥38.3B	CN¥32.4B	CN¥30.7B
Revenue growth	—	+33%	+18%	+6%	—
Gross profit	CN¥42.6B	CN¥48.5B	CN¥35.8B	CN¥29.7B	CN¥28.7B
EBITDA	n/a	CN¥27.0B	CN¥20.0B	CN¥17.0B	CN¥16.4B
Net income	CN¥18.8B	CN¥12.7B	CN¥8.73B	CN¥6.29B	CN¥7.73B
Free cash flow	CN¥76.2B	CN¥82.7B	CN¥39.1B	CN¥52.0B	CN¥89.3B
Capital expenditure	CN¥820M	CN¥727M	CN¥736M	CN¥941M	CN¥718M
Total debt	CN¥542B	CN¥476B	CN¥393B	CN¥358B	CN¥315B

Quarterly statements and history in the cockpit →

GF Securities competitor charts

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.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. GF Securities is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. GF Securities is the large dot.

GF Securities competitors and peer comparison

Head to head with its named competitors (000776.SZ vs 600030.SS vs 601688.SS vs 600999.SS)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
GF Securities 000776.SZ	$20.9B	-10%	+37%	42%	7.8×	n/a
CITIC Securities 600030.SS	$56.4B	-6%	-16%	54%	10.2×	n/a
Huatai Securities 601688.SS	$22.7B	-7%	-6%	38%	8.3×	n/a
China Merchants Securities 600999.SS	$20.1B	+3%	-8%	76%	6.8×	n/a

How GF Securities compares with its peers

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.

GF Securities against its 20 peers (data as of 6 Nov 2026)
Measure	000776.SZ	Peer median	Rank in peer set
1-month return	-1.1%	+1.1%	9th lowest of 21
6-month return	-10.0%	-2.4%	7th lowest of 21
Distance from 52-week high	-24.9%	-17.4%	8th lowest of 21
Revenue growth (TTM)	+37.4%	+16.4%	6th highest of 21
Operating margin	42.1%	36.4%	9th highest of 21
Forward P/E	7.8×	14.2×	4th cheapest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
GF Securities 000776.SZ	China	$20.9B	-10%	+37%	42%	7.8×	n/a	n/a
China International Capital 3908.HK	Hong Kong	$21.3B	-15%	-16%	55%	5.6×	n/a	n/a
Huatai Securities 6886.HK	Hong Kong	$22.5B	-12%	+123%	30%	5.8×	n/a	n/a
LPL Financial LPLA	United States	$23.0B	-3%	+31%	13%	10.5×	n/a	n/a
Euronext ENX.PA	France	$18.8B	+21%	+14%	52%	19.7×	n/a	n/a
Singapore Exchange S68.SI	Singapore	$17.2B	-2%	+14%	57%	27.0×	n/a	n/a
BSE BSE.NS	India	$16.4B	-4%	+58%	65%	47.0×	n/a	n/a
China Galaxy Securities 601881.SS	China	$16.1B	-8%	-20%	37%	9.5×	n/a	n/a
Meritz Financial 138040.KS	South Korea	$15.7B	+18%	+31%	49%	8.6×	n/a	n/a
Yuanta Financial Holding Co. Lt 2885.TW	Taiwan	$28.1B	+28%	+78%	28%	14.2×	n/a	n/a
Shenwan Hongyuan 000166.SZ	China	$15.5B	-8%	-26%	31%	10.9×	n/a	n/a
Tradeweb Markets TW	United States	$29.7B	+17%	+14%	44%	27.9×	n/a	n/a
Daiwa Securities 8601.T	Japan	$14.0B	+11%	+18%	17%	10.8×	n/a	n/a
Futu Holdings Ltd. Sponsored ADR FUTU	United States	$13.7B	-32%	+44%	69%	6.8×	n/a	n/a
Japan Exchange 8697.T	Japan	$13.4B	+11%	+40%	61%	19.7×	n/a	n/a
Coinbase COIN	United States	$35.7B	-33%	-48%	-33%	99.3×	n/a	n/a
TMX X.TO	Canada	$12.1B	+10%	+4%	28%	22.8×	n/a	n/a
Cboe Global Markets CBOE	United States	$36.9B	+2%	+14%	36%	23.4×	n/a	n/a
Freedom FRHC	United States	$11.4B	+28%	+8%	29%	39.7×	n/a	n/a
Evercore EVR	United States	$10.9B	-17%	+37%	22%	14.2×	n/a	n/a
Jefferies Financial JEF	United States	$10.9B	-11%	+26%	41%	11.3×	n/a	n/a

Questions

Who are GF Securities's main competitors?: Named competitors: CITIC Securities (600030.SS), Huatai Securities (601688.SS), China Merchants Securities (600999.SS). The cockpit's measured peer set (industry) also includes China International Capital (3908.HK), Huatai Securities (6886.HK), LPL Financial (LPLA), Euronext (ENX.PA), Singapore Exchange (S68.SI), BSE (BSE.NS).
Is GF Securities expensive compared with its peers?: On forward p/e it trades at 7.8× against a peer median of 14.2×, 4th cheapest of 21 in its peer set.
How has GF Securities stock performed?: Over six months to 6 Nov 2026 the shares returned -10.0% against -2.4% for the median peer; over one year -15.8%.