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← CockpitCompetitor Analysis › 601696.SS BOC International (China) Co., Ltd. Class AOpen in the cockpit ↗

BOC International (China) Co., Ltd. Class A601696.SSCompetitor analysis, valuation and peers

China · CNY·Financials›Investment Banks/Brokers

Investment-banking and brokerage arm connected to Bank of China International, focused on underwriting and capital-markets services.

≈ A China-based investment bank akin to a BofA Securities subsidiaryMomentum neutral 55
Mkt cap
$4.37B
US dollars, full cap
Free float
41%
of shares outstanding
$/day
$36.2M
20-day average traded
Fwd P/E
24.7×
forward earnings
ROIC−WACC
n/a
WACC 5.7%
Hurdle
n/a
no reverse DCF
Next earnings
180 days
5 May 2027
Close · CNYCN¥10.48
1D-1.2%
1W+6.0%
1M-2.6%
3M-11.9%
6M-15.6%
YTD-30.1%
1Y-26.3%
ATR %2.6%
52w lowhigh35.6% off high

What BOC International (China) does

Investment-banking and brokerage arm connected to Bank of China International, focused on underwriting and capital-markets services.

Earns commissions on share trading, underwriting fees on bond and share issues and returns on its own investments, so results follow market volumes and issuance. Its parent, Bank of China International, belongs to Bank of China, which refers corporate clients.

In one line: A China-based investment bank akin to a BofA Securities subsidiary.

Products and services

  • Equity/debt underwriting
  • M&A advisory
  • Brokerage

Customers

  • Corporate issuers
  • Institutional investors

Where it sits in the supply chain

  • Financials
  • Capital markets
  • Investment banking & brokerage

What could go right

  • Capital-markets issuance volume

What could go wrong

  • IPO/bond issuance cycles
  • Underwriting fee competition

Moat: narrow (distribution, brand). Bank of China parentage provides deal referrals and balance-sheet support.

Headquarters: Shanghai, China · Employees: 3,018

Named competitors

BOC International (China) at a glance

Size BOC International (China) (601696.SS) is a China Financials company (Investment Banks/Brokers) with a market value of $4.37B, the 588th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥10.48 on 6 Nov 2026.

Performance Over six months the shares fell 15.6%, against -12.0% for the median peer and -16.4% for the China market (cap-weighted) — 9th lowest of 21 in its peer set.

Growth Revenue grew 6.3% over the last twelve months (peer median +9.2%); the operating margin is 34.5% (peer median 29.4%).

Valuation It trades at 24.7× forward earnings against a peer median of 11.8× (3rd most expensive of 18).

Next results Next results expected around 5 May 2027 (exchange calendar; dates can move).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026Peer median 87601696.SS 83
Six months, rebased to 100: BOC International (China) against the median of its 20 peers (local-currency closes).

BOC International (China) financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥4.18BCN¥4.32BCN¥3.73BCN¥3.64BCN¥3.83B
Revenue growth—+16%+3%-5%—
Gross profitCN¥3.56BCN¥3.53BCN¥3.04BCN¥3.01BCN¥3.02B
EBITDAn/aCN¥1.82BCN¥1.56BCN¥1.45BCN¥1.34B
Net incomeCN¥1.19BCN¥1.05BCN¥906MCN¥901MCN¥808M
Free cash flowCN¥542MCN¥2.79BCN¥9.21B-CN¥7.09BCN¥6.96B
Capital expenditureCN¥90.1MCN¥65.5MCN¥124MCN¥96.0MCN¥64.0M
Total debtCN¥34.5BCN¥28.5BCN¥18.4BCN¥20.8BCN¥11.5B

Quarterly statements and history in the cockpit →

BOC International (China) 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%-20%0%601990IGG000728002939600109MCPIPR601236XTB016360BGCPJTLAZ071050600909000987GLXY601696.SS6-month return →1-month return →
Up and to the right = strong over both horizons. BOC International (China) is the large dot.

Fundamentals: revenue growth against valuation

-50%0%+50%+100%0×20×40×60×601990IGG000728600109MC601236XTB016360600369601162071050600909000987601696.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. BOC International (China) is the large dot.

BOC International (China) competitors and peer comparison

Head to head with its named competitors (601696.SS vs 600030.SS vs 3908.HK vs 601688.SS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
BOC International (China) 601696.SS$4.37B-16%+6%35%24.7×n/a
CITIC Securities 600030.SS$56.4B-6%-16%54%10.2×n/a
China International Capital 3908.HK$21.3B-15%-16%55%5.6×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
China Galaxy Securities 601881.SS$16.1B-8%-20%37%9.5×n/a
CSC Financial 601066.SS$23.4B-3%-2%49%14.2×n/a
China Merchants Securities 600999.SS$20.1B+3%-8%76%6.8×n/a
GF Securities 000776.SZ$20.9B-10%+37%42%7.8×n/a

How BOC International (China) 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.

BOC International (China) against its 20 peers (data as of 6 Nov 2026)
Measure601696.SSPeer medianRank in peer set
1-month return-2.6%-3.4%9th highest of 21
6-month return-15.6%-12.0%9th lowest of 21
Distance from 52-week high-35.6%-30.0%9th lowest of 21
Revenue growth (TTM)+6.3%+9.2%10th lowest of 21
Operating margin34.5%29.4%9th highest of 21
Forward P/E24.7×11.8×3rd most expensive of 18

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
BOC International (China) 601696.SSChina$4.37B-16%+6%35%24.7×n/an/a
Nanjing Securities 601990.SSChina$4.30B-11%-9%37%24.1×n/an/a
IG Group Holdings plc IGG.LUnited Kingdom$4.23B-38%+16%40%8.7×n/an/a
Guoyuan Securities 000728.SZChina$4.53B-6%-23%34%10.3×n/an/a
China Great Wall Securities 002939.SZChina$4.53B-16%-5%35%n/an/an/a
Sinolink Securities 600109.SSChina$4.60B-7%+10%30%11.8×n/an/a
Moelis & MCUnited States$4.62B-13%+14%18%16.9×n/an/a
Piper Sandler Companies PIPRUnited States$4.65B-19%+20%21%14.6×n/an/a
Hongta Securities 601236.SSChina$4.72B-11%-4%39%26.8×n/an/a
XTB Spolka Akcyjna XTB.WAPoland$3.98B+22%+63%48%9.6×n/an/a
SamsungSecu 016360.KSSouth Korea$4.87B-31%+19%71%4.0×n/an/a
BGC BGCUnited States$4.89B-8%+28%9%7.1×n/an/a
Southwest Securities 600369.SSChina$3.90B-8%-13%27%20.6×n/an/a
Tianfeng Securities 601162.SSChina$4.91B-9%-20%3%65.0×n/an/a
Western Securities 002673.SZChina$3.83B-14%-2%29%n/an/an/a
PJT Partners PJTUnited States$3.80B-4%+10%21%18.0×n/an/a
Lazard LAZUnited States$3.74B-20%+9%11%16.7×n/an/a
KIH 071050.KSSouth Korea$5.15B-49%+100%51%2.4×n/an/a
Huaan Securities 600909.SSChina$5.17B+23%-18%121%6.2×n/an/a
Guangzhou Yuexiu Capital 000987.SZChina$5.20B-23%-44%11%7.6×n/an/a
Galaxy Digital GLXYUnited States$5.31B-55%+430%1%n/an/an/a

Questions

Who are BOC International (China)'s main competitors?
Named competitors: CITIC Securities (600030.SS), China International Capital Corp (CICC) (3908.HK), Huatai Securities (601688.SS), Guotai Haitong Securities (601211.SS), China Galaxy Securities (601881.SS), CSC Financial (601066.SS). The cockpit's measured peer set (industry) also includes Nanjing Securities (601990.SS), IG Group Holdings plc (IGG.L), Guoyuan Securities (000728.SZ), China Great Wall Securities (002939.SZ), Sinolink Securities (600109.SS), Moelis & (MC).
Is BOC International (China) expensive compared with its peers?
On forward p/e it trades at 24.7× against a peer median of 11.8×, 3rd most expensive of 18 in its peer set.
How has BOC International (China) stock performed?
Over six months to 6 Nov 2026 the shares returned -15.6% against -12.0% for the median peer; over one year -26.3%.

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.