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Chinese financial holding company whose main asset is a securities brokerage subsidiary (formerly Huachuang Yang'an).
Chinese financial holding company whose main asset is a securities brokerage subsidiary (formerly Huachuang Yang'an).
Moat: narrow (regulatory licence, distribution). Regulated brokerage licence, but a largely commoditized business among ~140 similar brokers.
Headquarters: Chengdu, Sichuan, China · Employees: 5,850
Size Polaris Bay (600155.SS) is a China Financials company (Investment Banks/Brokers) with a market value of $1.74B, the 1423rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.40 on 6 Nov 2026.
Performance Over six months the shares fell 13.9%, against -13.4% for the median peer and -16.4% for the China market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue fell 4.0% over the last twelve months (peer median +26.1%); the operating margin is 4.9% (peer median 34.4%).
Valuation It trades at 38.6× forward earnings against a peer median of 12.5× (most expensive of 11).
Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥4.06B | CN¥4.11B | CN¥4.69B | CN¥3.93B | CN¥4.11B |
| Revenue growth | — | -12% | +19% | -4% | — |
| Gross profit | CN¥2.88B | CN¥3.12B | CN¥3.63B | CN¥3.42B | CN¥3.60B |
| EBITDA | n/a | CN¥1.14B | CN¥1.40B | CN¥1.74B | CN¥1.50B |
| Net income | CN¥160M | CN¥182M | CN¥61.8M | CN¥462M | CN¥379M |
| Free cash flow | CN¥5.07B | -CN¥2.36B | CN¥4.71B | -CN¥31.4M | CN¥1.84B |
| Capital expenditure | CN¥171M | CN¥162M | CN¥149M | CN¥97.9M | CN¥88.5M |
| Total debt | CN¥30.1B | CN¥24.2B | CN¥24.0B | CN¥21.6B | CN¥24.2B |
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 |
|---|---|---|---|---|---|---|
| Polaris Bay 600155.SS | $1.74B | -14% | -4% | 5% | 38.6× | 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 |
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 | 600155.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.5% | -7.7% | 10th highest of 21 |
| 6-month return | -13.9% | -13.4% | 11th highest of 21 |
| Distance from 52-week high | -32.3% | -34.9% | 9th highest of 21 |
| Revenue growth (TTM) | -4.0% | +26.1% | 5th lowest of 21 |
| Operating margin | 4.9% | 34.4% | 2nd lowest of 21 |
| Forward P/E | 38.6× | 12.5× | most expensive of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Polaris Bay 600155.SS | China | $1.74B | -14% | -4% | 5% | 38.6× | n/a | n/a |
| IBF Financial 2889.TW | Taiwan | $1.75B | +9% | +66% | 58% | n/a | n/a | n/a |
| Nanhua Futures 603093.SS | China | $1.80B | -11% | -28% | 47% | 15.2× | n/a | n/a |
| TOP Financial TOP | United States | $1.64B | +93% | -41% | -14% | n/a | n/a | n/a |
| GoFintech Quantum Innovation 0290.HK | Hong Kong | $1.62B | -82% | +108% | 26% | n/a | n/a | n/a |
| Matsui Securities 8628.T | Japan | $1.61B | +7% | +47% | 47% | 11.9× | n/a | n/a |
| Shanghai Chinafortune 600621.SS | China | $1.97B | -12% | -5% | 25% | 15.6× | n/a | n/a |
| AMTD IDEA Group Sponsored ADR AMTD | United States | $1.50B | -52% | +14% | 27% | n/a | n/a | n/a |
| Capital Securities 6005.TW | Taiwan | $2.04B | -7% | +81% | 46% | n/a | n/a | n/a |
| Metaplanet 3350.T | Japan | $2.05B | -27% | +290% | 62% | n/a | n/a | n/a |
| Central China Securities 1375.HK | Hong Kong | $2.18B | -27% | +41% | 33% | 9.3× | n/a | n/a |
| Okasan Securities 8609.T | Japan | $1.33B | +5% | +36% | 29% | n/a | n/a | n/a |
| President Securities 2855.TW | Taiwan | $2.34B | +24% | +796% | 32% | n/a | n/a | n/a |
| JSW JSWHL.NS | India | $1.29B | -16% | +55% | 94% | n/a | n/a | n/a |
| Bright Smart Securities & Commodities 1428.HK | Hong Kong | $1.28B | -51% | -2% | 67% | 14.9× | n/a | n/a |
| UOB-Kay Hian U10.SI | Singapore | $2.36B | -29% | +36% | 42% | 9.4× | n/a | n/a |
| Nihon M&A Center 2127.T | Japan | $1.28B | -7% | +5% | 36% | 14.1× | n/a | n/a |
| Compagnie Financiere Tradition CFT.SW | Switzerland | $2.37B | -15% | +3% | 14% | 13.1× | n/a | n/a |
| Edelweiss Financial Services EDELWEISS.NS | India | $1.28B | +6% | +16% | 11% | n/a | n/a | n/a |
| Ruida Futures 002961.SZ | China | $1.22B | -21% | -51% | 82% | 10.6× | n/a | n/a |
| Northeast Securities 000686.SZ | China | $2.52B | -17% | +1% | 23% | 11.1× | n/a | n/a |