HONGTA SECURITIES (601236) Stock Price, Fundamentals & Analysis

What 601236 does

HONGTA SECURITIES (601236) is a stock listed on the Shanghai Stock Exchange in the Financial Services sector, specifically the Capital Markets industry. The company operates as a securities firm in China, offering services across three main segments: Proprietary Investment, Wealth Management, and Institutional Services. Its business includes commodity and financial futures brokerage, margin financing and securities lending, asset management, fund raising and redemption, equity and debt financing, asset securitization, mergers and acquisitions, and investment advisory services. Founded in 2002 and headquartered in Kunming, China, it employs 1,159 people. It is part of the CSI 300 index and operates alongside peers such as ZHESHANG SECURITIES (601878).

Key numbers explained

• The current price is 6.89 CNY, down 1.71% today.
• The trailing P/E ratio of 30 means the stock trades at 30 times its last twelve months' earnings per share of 0.23 CNY.
• The forward P/E ratio of 24.7 reflects the market's expectation of future earnings.
• The dividend yield of 3.05% indicates the annual dividend relative to the share price, with 91% of earnings paid out as dividends.
• The ex-dividend date is 17 sept. 2026; buyers on or after this date do not receive the next dividend.
• The beta of 0.4 suggests the stock is less volatile than the broader market.
• The 52-week price range is 6,38 – 9,71 CNY, and the price is down 22.8% over the past year.
• The debt-to-equity ratio of 129% means the company has more debt than equity on its balance sheet.

What to watch

• Revenue trends: trailing twelve-month revenue is 2,26 mld. CNY, with a year-over-year decline of 7.2%.
• Profitability: a profit margin of 46.7% and an operating margin of 59% show strong cost control relative to revenue.
• Capital structure: the debt-to-equity ratio of 129% is a factor to compare with other financial services stocks like Hua Xia Bank (600015) or China Everbright Bank (601818).
• Market context: as a Shanghai Stock Exchange stock, it is influenced by Chinese regulatory changes, interest rate moves, and broader market sentiment tracked in indices such as the CSI 300.