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← CockpitCompetitor Analysis › 000783.SZ Changjiang Securities Co., Ltd Class AOpen in the cockpit ↗

Changjiang Securities Co., Ltd Class A000783.SZCompetitor analysis, valuation and peers

China · CNY·Financials›Investment Banks/Brokers

Wuhan-based Chinese brokerage offering retail/institutional brokerage, investment banking and asset management.

Momentum weak 36
Mkt cap
$5.77B
US dollars, full cap
Free float
38%
of shares outstanding
$/day
$67.6M
20-day average traded
Fwd P/E
8.1×
forward earnings
ROIC−WACC
n/a
WACC 5.6%
Hurdle
n/a
no reverse DCF
Next earnings
171 days
26 Apr 2027
Close · CNYCN¥6.96
1D-1.8%
1W+5.1%
1M-10.3%
3M-19.2%
6M-12.9%
YTD-14.6%
1Y-16.6%
ATR %3.4%
52w lowhigh35.1% off high

What Changjiang Securities does

Wuhan-based Chinese brokerage offering retail/institutional brokerage, investment banking and asset management.

Products and services

  • Retail brokerage
  • Investment banking
  • Asset management

Customers

  • Retail investors
  • corporate issuers

Where it sits in the supply chain

  • Financial services
  • Securities brokerage
  • Brokerage, investment banking, asset…

What could go right

  • Trading-volume growth

What could go wrong

  • Trading-volume cyclicality
  • Governance/ownership changes

Moat: none (brand). Mid-tier regional brokerage without a clearly differentiated national franchise.

Headquarters: Wuhan, Hubei, China · Founded: 1991 · Employees: 7,700

Named competitors

Changjiang Securities at a glance

Size Changjiang Securities (000783.SZ) is a China Financials company (Investment Banks/Brokers) with a market value of $5.77B, the 431st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.96 on 6 Nov 2026.

Performance Over six months the shares fell 12.9%, against -11.2% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 21 in its peer set.

Growth Revenue grew 13.1% over the last twelve months (peer median +3.5%); the operating margin is 36.7% (peer median 33.6%).

Valuation It trades at 8.1× forward earnings against a peer median of 13.0× (8th cheapest of 20).

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

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026Peer median 88000783.SZ 79
Six months, rebased to 100: Changjiang Securities against the median of its 20 peers (local-currency closes).

Changjiang Securities financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥13.7BCN¥13.1BCN¥9.30BCN¥9.46BCN¥9.45B
Revenue growth—+41%-2%0%—
Gross profitCN¥12.2BCN¥11.7BCN¥8.20BCN¥8.26BCN¥8.15B
EBITDAn/aCN¥6.36BCN¥3.89BCN¥4.07BCN¥3.91B
Net incomeCN¥3.98BCN¥3.49BCN¥1.67BCN¥1.66BCN¥1.70B
Free cash flowCN¥30.1BCN¥10.5BCN¥1.46BCN¥12.1BCN¥7.61B
Capital expenditureCN¥155MCN¥158MCN¥246MCN¥254MCN¥241M
Total debtCN¥81.5BCN¥92.8BCN¥72.7BCN¥88.0BCN¥77.2B

Quarterly statements and history in the cockpit →

Changjiang 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

-40%-20%0%+20%-30%-20%-10%0%MKTX601555AZA600061601878GLXY600918SQN000987600909005940071050SNEXALLFG1456601162BGC016360PIPR000783.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Changjiang Securities is the large dot.

Fundamentals: revenue growth against valuation

-50%0%+50%+100%+150%0×20×40×60×MKTX601555AZA600061601878000987600909005940071050SNEX1456601162016360601236000783.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Changjiang Securities is the large dot.

Changjiang Securities competitors and peer comparison

Head to head with its named competitors (000783.SZ vs 600030.SS vs 601688.SS vs 601211.SS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Changjiang Securities 000783.SZ$5.77B-13%+13%37%8.1×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
Guotai Haitong Securities 601211.SS$40.4B+2%+3%44%8.9×n/a
GF Securities 000776.SZ$20.9B-10%+37%42%7.8×n/a
Shenwan Hongyuan 000166.SZ$15.5B-8%-26%31%10.9×n/a
Guosen Securities 002736.SZ$13.9B-16%-10%34%7.9×n/a
China Industrial Securities 601377.SS$7.12B-9%-11%29%13.2×n/a
Western Securities 002673.SZ$3.83B-14%-2%29%n/an/a

How Changjiang 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.

Changjiang Securities against its 20 peers (data as of 6 Nov 2026)
Measure000783.SZPeer medianRank in peer set
1-month return-10.3%-4.1%5th lowest of 21
6-month return-12.9%-11.2%10th lowest of 21
Distance from 52-week high-35.1%-32.1%10th lowest of 21
Revenue growth (TTM)+13.1%+3.5%10th highest of 21
Operating margin36.7%33.6%9th highest of 21
Forward P/E8.1×13.0×8th cheapest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Changjiang Securities 000783.SZChina$5.77B-13%+13%37%8.1×n/an/a
MarketAxess MKTXUnited States$5.83B+12%+3%39%19.5×n/an/a
Soochow Securities 601555.SSChina$5.64B-5%+3%36%10.3×n/an/a
Avanza Bank AZA.STSweden$5.95B+13%+13%54%19.1×n/an/a
SDIC Capital 600061.SSChina$5.96B-7%-28%33%12.0×n/an/a
Zheshang Securities 601878.SSChina$6.03B-10%-4%32%13.0×n/an/a
Galaxy Digital GLXYUnited States$5.31B-55%+430%1%n/an/an/a
Zhongtai Securities 600918.SSChina$6.31B-12%-4%21%17.1×n/an/a
Swissquote SQN.SWSwitzerland$6.33B-13%+4%44%15.9×n/an/a
Guangzhou Yuexiu Capital 000987.SZChina$5.20B-23%-44%11%7.6×n/an/a
Huaan Securities 600909.SSChina$5.17B+23%-18%121%6.2×n/an/a
NHIS 005940.KSSouth Korea$6.46B-32%+156%34%5.2×n/an/a
KIH 071050.KSSouth Korea$5.15B-49%+100%51%2.4×n/an/a
StoneX SNEXUnited States$6.55B-33%+21%2%13.0×n/an/a
Allfunds ALLFG.ASNetherlands$6.69B+18%+1%43%20.5×n/an/a
Guolian Minsheng Securities 1456.HKHong Kong$6.70B-29%+14%25%6.8×n/an/a
Tianfeng Securities 601162.SSChina$4.91B-9%-20%3%65.0×n/an/a
BGC BGCUnited States$4.89B-8%+28%9%7.1×n/an/a
SamsungSecu 016360.KSSouth Korea$4.87B-31%+19%71%4.0×n/an/a
Hongta Securities 601236.SSChina$4.72B-11%-4%39%26.8×n/an/a
Piper Sandler Companies PIPRUnited States$4.65B-19%+20%21%14.6×n/an/a

Questions

Who are Changjiang Securities's main competitors?
Named competitors: CITIC Securities (600030.SS), Huatai Securities (601688.SS), Guotai Haitong Securities (601211.SS), GF Securities (000776.SZ), Shenwan Hongyuan Group (000166.SZ), Guosen Securities (002736.SZ). The cockpit's measured peer set (industry) also includes MarketAxess (MKTX), Soochow Securities (601555.SS), Avanza Bank (AZA.ST), SDIC Capital (600061.SS), Zheshang Securities (601878.SS), Galaxy Digital (GLXY).
Is Changjiang Securities expensive compared with its peers?
On forward p/e it trades at 8.1× against a peer median of 13.0×, 8th cheapest of 20 in its peer set.
How has Changjiang Securities stock performed?
Over six months to 6 Nov 2026 the shares returned -12.9% against -11.2% for the median peer; over one year -16.6%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.