China Securities (601066) Stock Price, Fundamentals & Analysis

What 601066 does

China Securities (601066) is a stock listed on the Shanghai Stock Exchange in the Financial Services sector, within the Capital Markets industry. Headquartered in Beijing, China, the company — formally known as CSC Financial Co., Ltd. — operates through four segments: Investment Banking, Wealth Management, Trading and Institutional Client Services, and Asset Management. Its services include securities brokerage, investment consultancy, financial advisory, securities underwriting and sponsoring, trading and investment of securities, asset management, margin financing, securities lending, and market-making of stock options. It also provides custodian services for investment funds, financial and commodity futures brokerage, and investment consulting.

Key numbers explained

• The current price is 23.4 CNY, down 1.14% today.
• The trailing P/E ratio of 15.7 shows how much investors pay per unit of recent earnings; a lower figure can suggest a cheaper valuation relative to earnings.
• The forward P/E ratio of 13.1 uses expected future earnings and is often compared with the trailing P/E to gauge growth expectations.
• The dividend yield of 1.45% tells you the annual dividend as a percentage of the current price; the ex-dividend date is 20 aug. 2026.
• The beta of 0.57 indicates the stock tends to move less than the overall market, which can mean lower volatility.
• The debt-to-equity ratio of 310.7% means debt is more than three times shareholders' equity, a level worth comparing with peers like China Pacific Insurance (601601) or Shanghai Pudong Development Bank (600000).
• The price-to-book ratio of 2.07 compares the market price to the company's book value per share.
• The return on equity of 10.7% measures how effectively the company generates profit from shareholders' equity.

What to watch

• Revenue growth of 36.7% year over year and a profit margin of 44.7% show strong top-line expansion and profitability, but margins can shift with market activity and regulatory changes.
• The operating margin of 61% reflects high efficiency in core operations, yet it can be sensitive to trading volumes and investment banking fees.
• The 52-week price range of 20.9 – 31.4 and a one-year price change of -12.3% illustrate recent volatility and the impact of broader market swings.
• As a large-cap stock with a 152B CNY market cap, it is part of the CSI 300 index, meaning its moves often mirror broader Chinese market trends.
• Dividend policy is tied to earnings retention; with 22% of earnings paid out, the company keeps most profit for growth or capital buffers.