Everbright Securities (601788) Stock Price, Fundamentals & Analysis

What 601788 does

Everbright Securities (601788) operates as a securities company in Mainland China and internationally. It is part of the Shanghai Stock Exchange stocks universe and works across wealth management, corporate financing, institutional customer services, investment trading, asset management, equity investment, and other segments. The company offers brokerage and consulting services, margin trading and stock pledge, investment banking, financial leasing, and overseas brokerage and wealth management.

Key numbers explained

• 13.77 CNY is the current price, while the 52-week range of 13.45 – 19.5 shows the lowest and highest price seen over the past year.
• The trailing P/E ratio of 16.2 divides the current price by the last twelve months of earnings per share (0.85 CNY); a lower figure can suggest the stock is priced more conservatively relative to recent earnings.
• The forward P/E ratio of 22.6 uses expected future earnings, which often reflects growth assumptions.
• The dividend yield of 2.06% tells you the annual dividend as a percentage of the current price, with 26% of earnings paid out as dividends and an ex-dividend date of 28 aug. 2026.
• A beta of 0.4 indicates the stock has historically moved less than the overall market.
• 11.59 mld. CNY in revenue over the last twelve months, with 15% year-over-year growth, shows top-line expansion.
• The profit margin of 36.9% and operating margin of 44.2% describe how much of each revenue unit remains as profit after costs and operating expenses.
• The debt-to-equity ratio of 169.3% means debt exceeds equity, which is common in capital-intensive financial firms.
• The price-to-book ratio of 1.03 compares the market price to the company's book value per share.

What to watch

• Regulatory changes in China's financial services sector can affect brokerage and investment banking activity.
• Market volatility in Shanghai and broader Chinese equity markets influences trading volumes and margins.
• Interest rate moves by monetary authorities can impact margin financing, lending, and fixed-income business lines.
• Competitive pressure from peers such as Huatai Securities (601688), HONGTA SECURITIES (601236), and ZHESHANG SECURITIES (601878) shapes pricing and market share.
• Capital adequacy and leverage levels, reflected in the 169.3% debt-to-equity ratio, are closely watched for financial stability.