Loading…
Shanxi state-backed full-service securities brokerage offering brokerage, investment banking and asset management.
Shanxi state-backed full-service securities brokerage offering brokerage, investment banking and asset management.
Earns commissions on client trades, interest on margin lending, and fees for underwriting and asset management, so income swings with the market. The province-backed Shanxi Financial Investment Holding Group is its controlling shareholder.
Moat: narrow (regulatory licence, distribution). Regulated brokerage licence, but a largely commoditized business among ~140 similar brokers.
Headquarters: Taiyuan, Shanxi, China · Employees: 2,913
Size Shanxi Securities (002500.SZ) is a China Financials company (Investment Banks/Brokers) with a market value of $2.73B, the 939th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.07 on 6 Nov 2026.
Performance Over six months the shares fell 10.3%, against -12.2% for the median peer and -16.4% for the China market (cap-weighted) — 9th highest of 20 in its peer set.
Growth Revenue fell 3.2% over the last twelve months (peer median +13.2%); the operating margin is 27.5% (peer median 31.7%).
Valuation It trades at 16.4× forward earnings against a peer median of 13.7× (8th most expensive of 17).
Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥4.04B | CN¥4.43B | CN¥4.21B | CN¥4.92B | CN¥5.52B |
| Revenue growth | — | +5% | -14% | -11% | — |
| Gross profit | CN¥3.07B | CN¥3.75B | CN¥3.67B | CN¥4.33B | CN¥4.88B |
| EBITDA | n/a | CN¥2.03B | CN¥1.99B | CN¥2.15B | CN¥2.04B |
| Net income | CN¥972M | CN¥924M | CN¥712M | CN¥620M | CN¥574M |
| Free cash flow | -CN¥3.27B | -CN¥104M | CN¥7.86B | CN¥711M | CN¥1.03B |
| Capital expenditure | CN¥123M | CN¥137M | CN¥205M | CN¥215M | CN¥200M |
| Total debt | CN¥45.3B | CN¥37.7B | CN¥38.7B | CN¥40.2B | CN¥39.2B |
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 |
|---|---|---|---|---|---|---|
| Shanxi Securities 002500.SZ | $2.73B | -10% | -3% | 28% | 16.4× | 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 |
| Founder Securities 601901.SS | $8.52B | -4% | -21% | 47% | 11.7× | n/a |
| Western Securities 002673.SZ | $3.83B | -14% | -2% | 29% | n/a | n/a |
| Northeast Securities 000686.SZ | $2.52B | -17% | +1% | 23% | 11.1× | n/a |
| Guoyuan Securities 000728.SZ | $4.53B | -6% | -23% | 34% | 10.3× | n/a |
| Soochow Securities 601555.SS | $5.64B | -5% | +3% | 36% | 10.3× | n/a |
| Orient Securities 600958.SS | $10.00B | -10% | -5% | 28% | 11.1× | 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 | 002500.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.0% | -2.9% | 9th highest of 21 |
| 6-month return | -10.3% | -12.2% | 9th highest of 20 |
| Distance from 52-week high | -25.2% | -23.5% | 10th lowest of 21 |
| Revenue growth (TTM) | -3.2% | +13.2% | 4th lowest of 21 |
| Operating margin | 27.5% | 31.7% | 7th lowest of 20 |
| Forward P/E | 16.4× | 13.7× | 8th most expensive of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| 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 |
| Oshidori International 0622.HK | Hong Kong | $2.67B | +52% | +71% | 47% | n/a | n/a | n/a |
| Lincoln International LCLN | United States | $2.65B | n/a | +35% | 28% | 18.3× | n/a | n/a |
| Yongan Futures 600927.SS | China | $2.83B | -12% | -139% | n/a | 24.3× | n/a | n/a |
| Aozora Bank 8304.T | Japan | $2.60B | +17% | +12% | 29% | 14.4× | n/a | n/a |
| Guosheng Securities 002670.SZ | China | $2.92B | -20% | -11% | 11% | n/a | n/a | n/a |
| CMC Markets CMCX.L | United Kingdom | $2.54B | +79% | +16% | 27% | 10.5× | n/a | n/a |
| Central Depository Services (India) CDSL.NS | India | $2.95B | +5% | +3% | 50% | 52.1× | n/a | n/a |
| Northeast Securities 000686.SZ | China | $2.52B | -17% | +1% | 23% | 11.1× | 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 |
| Plus500 PLUS.L | United Kingdom | $3.12B | -26% | +3% | 41% | 10.4× | n/a | n/a |
| Compagnie Financiere Tradition CFT.SW | Switzerland | $2.37B | -15% | +3% | 14% | 13.1× | n/a | n/a |
| Minmetals Capital 600390.SS | China | $3.15B | -11% | -62% | 60% | 51.9× | 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 |
| Angel One ANGELONE.NS | India | $3.20B | +3% | +21% | 28% | 23.1× | n/a | n/a |
| Central China Securities 601375.SS | China | $2.19B | -6% | +35% | 32% | 29.3× | n/a | n/a |
| Miami International MIAX | United States | $3.45B | -34% | +14% | 12% | 18.8× | n/a | n/a |