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← CockpitCompetitor Analysis › 601901.SS Founder Securities Co., Ltd. Class AOpen in the cockpit ↗

Founder Securities Co., Ltd. Class A601901.SSCompetitor analysis, valuation and peers

China · CNY·Financials›Investment Banks/Brokers

Mid-tier Chinese brokerage linked to Peking University's Founder Group, offering brokerage, investment banking and asset management.

Momentum leader 81
Mkt cap
$8.52B
US dollars, full cap
Free float
46%
of shares outstanding
$/day
$46.0M
20-day average traded
Fwd P/E
11.7×
forward earnings
ROIC−WACC
n/a
WACC 5.0%
Hurdle
n/a
no reverse DCF
Next earnings
140 days
26 Mar 2027
Close · CNYCN¥6.90
1D0.0%
1W+7.0%
1M+4.5%
3M-3.1%
6M-3.9%
YTD-11.5%
1Y-15.3%
ATR %2.0%
52w lowhigh18.3% off high

What Founder Securities does

Mid-tier Chinese brokerage linked to Peking University's Founder Group, offering 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
  • Ownership/governance overhang

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

Headquarters: Beijing, China · Founded: 1993 · Employees: 7,403

Named competitors

Founder Securities at a glance

Size Founder Securities (601901.SS) is a China Financials company (Investment Banks/Brokers) with a market value of $8.52B, the 291st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.90 on 6 Nov 2026.

Performance Over six months the shares fell 3.9%, against -10.3% for the median peer and -16.4% for the China market (cap-weighted) — 8th highest of 21 in its peer set.

Growth Revenue fell 21.4% over the last twelve months (peer median +8.4%); the operating margin is 46.6% (peer median 35.6%).

Valuation It trades at 11.7× forward earnings against a peer median of 13.6× (9th cheapest of 21).

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

Relative performance

909510011 May 202611 Aug 20266 Nov 2026601901.SS 95Peer median 90
Six months, rebased to 100: Founder Securities against the median of its 20 peers (local-currency closes).

Founder Securities financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥12.5BCN¥15.1BCN¥13.5BCN¥11.3BCN¥11.9B
Revenue growth—+12%+20%-5%—
Gross profitCN¥9.97BCN¥12.1BCN¥10.5BCN¥8.73BCN¥9.10B
EBITDAn/aCN¥7.00BCN¥5.80BCN¥4.97BCN¥4.62B
Net incomeCN¥4.50BCN¥3.97BCN¥2.21BCN¥2.15BCN¥2.15B
Free cash flowCN¥7.69BCN¥835MCN¥120M-CN¥8.54B-CN¥5.70B
Capital expenditureCN¥289MCN¥231MCN¥210MCN¥233MCN¥294M
Total debtCN¥136BCN¥121BCN¥123BCN¥113BCN¥76.3B

Quarterly statements and history in the cockpit →

Founder 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

-20%0%+20%-20%0%6178VIRTSAVEASXXPMCX006800INVP600958HLI601456JEFEVRSNEX005940FRHC601878601901.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Founder Securities is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%20×40×6178VIRTSAVEASXXPMCX006800INVP600958HLIJEFEVRSNEX005940FRHCSQN600918601901.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Founder Securities is the large dot.

Founder Securities competitors and peer comparison

Head to head with its named competitors (601901.SS vs 600030.SS vs 601688.SS vs 000776.SZ)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Founder Securities 601901.SS$8.52B-4%-21%47%11.7×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
GF Securities 000776.SZ$20.9B-10%+37%42%7.8×n/a

How Founder 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.

Founder Securities against its 20 peers (data as of 6 Nov 2026)
Measure601901.SSPeer medianRank in peer set
1-month return+4.5%0.0%7th highest of 21
6-month return-3.9%-10.3%8th highest of 21
Distance from 52-week high-18.3%-26.0%7th highest of 21
Revenue growth (TTM)-21.4%+8.4%lowest of 21
Operating margin46.6%35.6%5th highest of 21
Forward P/E11.7×13.6×9th cheapest of 21

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
Founder Securities 601901.SSChina$8.52B-4%-21%47%11.7×n/an/a
Everbright Securities 6178.HKHong Kong$8.59B-20%+15%42%6.0×n/an/a
Virtu Financial VIRTUnited States$8.37B+5%+28%38%7.8×n/an/a
Nordnet SAVE.STSweden$8.70B+13%+11%58%23.7×n/an/a
ASX ASX.AXAustralia$9.02B+15%+3%65%24.2×n/an/a
XP Inc. Class A XPUnited States$7.83B-21%+17%32%6.7×n/an/a
Multi Commodity Exchange of India MCX.NSIndia$9.51B+16%+122%79%50.8×n/an/a
Mirae Asset Sec 006800.KSSouth Korea$7.57B-66%+5%114%4.0×n/an/a
Investec INVP.LUnited Kingdom$7.34B+3%-4%37%7.1×n/an/a
Orient Securities 600958.SSChina$10.00B-10%-5%28%11.1×n/an/a
Houlihan Lokey HLIUnited States$10.1B-5%0%20%18.0×n/an/a
Guolian Minsheng Securities 601456.SSChina$6.75B-13%+9%25%20.1×n/an/a
Allfunds ALLFG.ASNetherlands$6.69B+18%+1%43%20.5×n/an/a
Jefferies Financial JEFUnited States$10.9B-11%+26%41%11.3×n/an/a
Evercore EVRUnited States$10.9B-17%+37%22%14.2×n/an/a
StoneX SNEXUnited States$6.55B-33%+21%2%13.0×n/an/a
NHIS 005940.KSSouth Korea$6.46B-32%+156%34%5.2×n/an/a
Freedom FRHCUnited States$11.4B+28%+8%29%39.7×n/an/a
Swissquote SQN.SWSwitzerland$6.33B-13%+4%44%15.9×n/an/a
Zhongtai Securities 600918.SSChina$6.31B-12%-4%21%17.1×n/an/a
Zheshang Securities 601878.SSChina$6.03B-10%-4%32%13.0×n/an/a

Questions

Who are Founder Securities's main competitors?
Named competitors: CITIC Securities (600030.SS), Huatai Securities (601688.SS), GF Securities (000776.SZ). The cockpit's measured peer set (industry) also includes Everbright Securities (6178.HK), Virtu Financial (VIRT), Nordnet (SAVE.ST), ASX (ASX.AX), XP Inc. Class A (XP), Multi Commodity Exchange of India (MCX.NS).
Is Founder Securities expensive compared with its peers?
On forward p/e it trades at 11.7× against a peer median of 13.6×, 9th cheapest of 21 in its peer set.
How has Founder Securities stock performed?
Over six months to 6 Nov 2026 the shares returned -3.9% against -10.3% for the median peer; over one year -15.3%.

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.