Who are Zhongtai Securities's main competitors?

Named competitors: CITIC Securities (600030.SS), Huatai Securities (601688.SS), Guotai Haitong Securities (601211.SS), GF Securities (000776.SZ), China Securities (private or unlisted), Everbright Securities (601788.SS). The cockpit's measured peer set (industry) also includes Swissquote (SQN.SW), NHIS (005940.KS), StoneX (SNEX), Zheshang Securities (601878.SS), SDIC Capital (600061.SS), Avanza Bank (AZA.ST).

Is Zhongtai Securities expensive compared with its peers?

On forward p/e it trades at 17.1× against a peer median of 8.1×, 5th most expensive of 20 in its peer set.

How has Zhongtai Securities stock performed?

Over six months to 6 Nov 2026 the shares returned -11.8% against -11.4% for the median peer; over one year -23.3%.

← CockpitCompetitor Analysis › 600918.SS Zhongtai Securities Co Ltd Class AOpen in the cockpit ↗

Zhongtai Securities Co Ltd Class A600918.SSCompetitor analysis, valuation and peers

China · CNY·Financials›Investment Banks/Brokers

Shandong provincial state-owned brokerage offering retail/institutional brokerage, investment banking and asset management.

Momentum strong 68

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$6.31B

US dollars, full cap

Free float

56%

of shares outstanding

$/day

$24.6M

20-day average traded

Fwd P/E

17.1×

forward earnings

ROIC−WACC

n/a

WACC 5.0%

Hurdle

n/a

no reverse DCF

Close · CNYCN¥5.31

1D-0.9%

1W+2.9%

1M-0.9%

3M-7.0%

6M-11.8%

YTD-18.3%

1Y-23.3%

ATR %2.0%

52w lowhigh25.1% off high

What Zhongtai Securities does

Shandong provincial state-owned 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
Regulatory fee pressure

Moat: none (brand). Regional state-owned brokerage without a clearly differentiated national franchise.

Headquarters: Jinan, Shandong, China · Founded: 2001 · Employees: 9,477

Named competitors

CITIC Securities 600030.SS
Huatai Securities 601688.SS
Guotai Haitong Securities 601211.SS
GF Securities 000776.SZ
China Securities private or unlisted
Everbright Securities 601788.SS
Orient Securities 600958.SS
Founder Securities 601901.SS

Zhongtai Securities at a glance

Size Zhongtai Securities (600918.SS) is a China Financials company (Investment Banks/Brokers) with a market value of $6.31B, the 396th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.31 on 6 Nov 2026.

Performance Over six months the shares fell 11.8%, against -11.4% for the median peer and -16.4% for the China market (cap-weighted) — 11th highest of 21 in its peer set.

Growth Revenue fell 4.1% over the last twelve months (peer median +4.4%); the operating margin is 20.6% (peer median 34.8%).

Valuation It trades at 17.1× forward earnings against a peer median of 8.1× (5th most expensive of 20).

Relative performance

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

Zhongtai Securities financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥15.3B	CN¥16.5B	CN¥15.6B	CN¥16.2B	CN¥14.3B
Revenue growth	—	+5%	-3%	+13%	—
Gross profit	CN¥12.9B	CN¥13.1B	CN¥13.1B	CN¥14.0B	CN¥11.9B
EBITDA	n/a	CN¥5.64B	CN¥4.89B	CN¥6.56B	CN¥4.69B
Net income	CN¥2.23B	CN¥1.43B	CN¥937M	CN¥1.80B	CN¥590M
Free cash flow	CN¥11.0B	CN¥21.3B	CN¥28.1B	-CN¥637M	CN¥227M
Capital expenditure	CN¥434M	CN¥464M	CN¥412M	CN¥938M	CN¥1.70B
Total debt	CN¥111B	CN¥96.8B	CN¥96.8B	CN¥89.3B	CN¥92.1B

Quarterly statements and history in the cockpit →

Zhongtai 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. Zhongtai Securities is the large dot.

Fundamentals: revenue growth against valuation

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

Zhongtai Securities competitors and peer comparison

Head to head with its named competitors (600918.SS vs 600030.SS vs 601688.SS vs 601211.SS)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Zhongtai Securities 600918.SS	$6.31B	-12%	-4%	21%	17.1×	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
Everbright Securities 601788.SS	$8.70B	-9%	-4%	36%	14.6×	n/a
Orient Securities 600958.SS	$10.00B	-10%	-5%	28%	11.1×	n/a
Founder Securities 601901.SS	$8.52B	-4%	-21%	47%	11.7×	n/a

How Zhongtai 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.

Zhongtai Securities against its 20 peers (data as of 6 Nov 2026)
Measure	600918.SS	Peer median	Rank in peer set
1-month return	-0.9%	-6.1%	6th highest of 21
6-month return	-11.8%	-11.4%	11th highest of 21
Distance from 52-week high	-25.1%	-37.3%	8th highest of 21
Revenue growth (TTM)	-4.1%	+4.4%	6th lowest of 21
Operating margin	20.6%	34.8%	6th lowest of 21
Forward P/E	17.1×	8.1×	5th most expensive of 20

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
Zhongtai Securities 600918.SS	China	$6.31B	-12%	-4%	21%	17.1×	n/a	n/a
Swissquote SQN.SW	Switzerland	$6.33B	-13%	+4%	44%	15.9×	n/a	n/a
NHIS 005940.KS	South Korea	$6.46B	-32%	+156%	34%	5.2×	n/a	n/a
StoneX SNEX	United States	$6.55B	-33%	+21%	2%	13.0×	n/a	n/a
Zheshang Securities 601878.SS	China	$6.03B	-10%	-4%	32%	13.0×	n/a	n/a
SDIC Capital 600061.SS	China	$5.96B	-7%	-28%	33%	12.0×	n/a	n/a
Avanza Bank AZA.ST	Sweden	$5.95B	+13%	+13%	54%	19.1×	n/a	n/a
Allfunds ALLFG.AS	Netherlands	$6.69B	+18%	+1%	43%	20.5×	n/a	n/a
Guolian Minsheng Securities 1456.HK	Hong Kong	$6.70B	-29%	+14%	25%	6.8×	n/a	n/a
MarketAxess MKTX	United States	$5.83B	+12%	+3%	39%	19.5×	n/a	n/a
Changjiang Securities 000783.SZ	China	$5.77B	-13%	+13%	37%	8.1×	n/a	n/a
Soochow Securities 601555.SS	China	$5.64B	-5%	+3%	36%	10.3×	n/a	n/a
Investec INVP.L	United Kingdom	$7.34B	+3%	-4%	37%	7.1×	n/a	n/a
Galaxy Digital GLXY	United States	$5.31B	-55%	+430%	1%	n/a	n/a	n/a
Mirae Asset Sec 006800.KS	South Korea	$7.57B	-66%	+5%	114%	4.0×	n/a	n/a
Guangzhou Yuexiu Capital 000987.SZ	China	$5.20B	-23%	-44%	11%	7.6×	n/a	n/a
Huaan Securities 600909.SS	China	$5.17B	+23%	-18%	121%	6.2×	n/a	n/a
KIH 071050.KS	South Korea	$5.15B	-49%	+100%	51%	2.4×	n/a	n/a
XP Inc. Class A XP	United States	$7.83B	-21%	+17%	32%	6.7×	n/a	n/a
Tianfeng Securities 601162.SS	China	$4.91B	-9%	-20%	3%	65.0×	n/a	n/a
BGC BGC	United States	$4.89B	-8%	+28%	9%	7.1×	n/a	n/a

Questions

Who are Zhongtai Securities's main competitors?: Named competitors: CITIC Securities (600030.SS), Huatai Securities (601688.SS), Guotai Haitong Securities (601211.SS), GF Securities (000776.SZ), China Securities (private or unlisted), Everbright Securities (601788.SS). The cockpit's measured peer set (industry) also includes Swissquote (SQN.SW), NHIS (005940.KS), StoneX (SNEX), Zheshang Securities (601878.SS), SDIC Capital (600061.SS), Avanza Bank (AZA.ST).
Is Zhongtai Securities expensive compared with its peers?: On forward p/e it trades at 17.1× against a peer median of 8.1×, 5th most expensive of 20 in its peer set.
How has Zhongtai Securities stock performed?: Over six months to 6 Nov 2026 the shares returned -11.8% against -11.4% for the median peer; over one year -23.3%.