Want to see HK:2611 full AI Analyst Report?
Top Page
Guotai Junan Securities Co., Ltd. Class H
(2611)
Select Model
Select Model
Rating:73Outperform
Price Target:
HK$17.50
â–²(16.28% Upside)
Action:Upgraded
Date:08/28/26
The score is driven by attractive valuation (low P/E and solid dividend) and supportive technical momentum (price above key moving averages with positive MACD). Offsetting these positives, financial performance is tempered by materially higher leverage and uneven cash-flow history, which increases sensitivity to market and funding conditions.
Positive Factors
Strong Profitability
High net and operating margins provide a substantial earnings cushion and indicate effective monetization of the firm’s capital-markets and financial-services platform. This profitability can support reinvestment and resilience across normal business cycles.
Negative Factors
Higher Leverage
The sharp increase in gearing reduces balance-sheet flexibility and makes earnings more sensitive to funding costs, liquidity conditions and market shocks. Higher leverage may also constrain strategic investment capacity during weaker capital-markets cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Profitability
High net and operating margins provide a substantial earnings cushion and indicate effective monetization of the firm’s capital-markets and financial-services platform. This profitability can support reinvestment and resilience across normal business cycles.
Read all positive factors
Guotai Junan Securities Co., Ltd. Class H (2611) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$335.06B
Dividend Yield5.06%
Average Volume (3M)11.12M
Price to Earnings (P/E)9.1
Beta (1Y)0.25
Revenue Growth37.61%
EPS Growth-2.94%
CountryHK
Employees26,228
SectorFinancial
Sector Strength70
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)2.53
Shares Outstanding3,505,759,800
10 Day Avg. Volume13,606,261
30 Day Avg. Volume11,118,802
Financial Highlights & Ratios
PEG Ratio0.39
Price to Book (P/B)0.73
Price to Sales (P/S)2.58
P/FCF Ratio-5.31
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$21.49Price Target Upside42.81% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)2.28
Revenue Forecast (FY)HK$98.20B
Guotai Junan Securities Co., Ltd. Class H Business Overview & Revenue Model
Company Description
Guotai Junan Securities Co., Ltd. is a comprehensive financial services provider delivering a broad spectrum of offerings to both individual and institutional clients across mainland China, Hong Kong, and internationally. Its operations are struct...
How the Company Makes Money
Guotai Junan generally makes money through multiple fee-based and market-linked revenue streams tied to securities and capital-market activity: (1) Brokerage and wealth management: earns commissions and transaction fees when clients buy/sell secur...
Guotai Junan Securities Co., Ltd. Class H Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
62
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 111.00B | 91.17B | 42.35B | 48.60B | 45.54B | 52.41B |
| Gross Profit | 80.96B | 71.36B | 42.35B | 35.76B | 34.72B | 42.25B |
| EBITDA | 87.74B | 58.63B | 18.14B | 13.55B | 15.35B | 20.25B |
| Net Income | 37.72B | 27.09B | 13.02B | 9.37B | 11.51B | 15.01B |
Balance Sheet | ||||||
| Total Assets | 2.50T | 2.12T | 1.05T | 925.40B | 860.69B | 791.27B |
| Cash, Cash Equivalents and Short-Term Investments | 919.04B | 795.85B | 883.49B | 326.54B | 343.07B | 339.64B |
| Total Debt | 1.12T | 993.40B | 198.28B | 179.18B | 166.79B | 191.18B |
| Total Liabilities | 2.16T | 1.78T | 870.27B | 752.02B | 696.86B | 640.64B |
| Stockholders Equity | 330.99B | 320.58B | 170.78B | 166.97B | 157.70B | 147.12B |
Cash Flow | ||||||
| Free Cash Flow | 37.79B | -44.35B | 54.95B | 6.04B | 48.95B | 9.51B |
| Operating Cash Flow | 40.39B | -42.75B | 56.11B | 7.20B | 50.73B | 10.37B |
| Investing Cash Flow | 75.31B | 180.63B | -22.66B | -26.26B | -11.52B | -33.72B |
| Financing Cash Flow | 208.04B | 70.82B | 7.51B | 5.94B | -34.64B | 28.44B |
Guotai Junan Securities Co., Ltd. Class H Technical Analysis
Neutral
15.05
Price Trends
14.64
Positive
14.11
Positive
14.61
Positive
Market Momentum
0.14
Positive
48.31
Neutral
31.13
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2611, the sentiment is Neutral. The current price of 15.05 is above the 20-day moving average (MA) of 14.91, above the 50-day MA of 14.64, and above the 200-day MA of 14.61, indicating a neutral trend. The MACD of 0.14 indicates Positive momentum. The RSI at 48.31 is Neutral, neither overbought nor oversold. The STOCH value of 31.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:2611.
Guotai Junan Securities Co., Ltd. Class H Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | HK$335.06B | 9.07 | 10.01% | 5.06% | 37.61% | -2.94% | |
68 Neutral | HK$470.09B | 10.08 | 13.81% | 3.13% | 101.98% | 67.41% | |
68 Neutral | HK$170.44B | 8.66 | 13.66% | 4.83% | 97.85% | 74.02% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | HK$190.16B | 8.41 | 10.67% | 3.90% | 123.03% | 20.90% | |
63 Neutral | HK$147.69B | 11.64 | 11.77% | 1.80% | 20.32% | 82.47% | |
57 Neutral | HK$194.94B | 14.76 | 14.85% | 3.31% | 5.66% | 47.31% |
* Financial Sector Average
HK:2611
Guotai Junan Securities Co., Ltd. Class H
14.75
-0.96
-6.11%
HK:6030
CITIC Securities Co
25.22
-3.01
-10.66%
HK:3908
China International Capital
20.12
-0.59
-2.84%
HK:6886
Huatai Securities Co
17.14
-1.38
-7.45%
HK:6099
China Merchants Securities Co., Ltd. Class H
14.68
-1.96
-11.78%
HK:6066
CSC Financial Co., Ltd. Class H
11.53
-1.96
-14.54%
Guotai Junan Securities Co., Ltd. Class H Corporate Events
Guotai Haitong Securities Announces 2026 Interim Results and RMB5.25 Billion Dividend
Aug 18, 2026
Guotai Haitong Securities Co., Ltd., a PRC-based joint stock securities company listed in Hong Kong, has released its unaudited interim results for the six months ended 30 June 2026, prepared in accordance with IAS 34 and reviewed by KPMG and the ...
Guotai Haitong Securities Declares Interim Dividend and Details Tax Treatment
Aug 18, 2026
Guotai Haitong Securities Co., Ltd. has declared an interim ordinary cash dividend for the six months ended 30 June 2026, set at RMB 3 per 10 shares, with payment to Hong Kong shareholders in HKD based on an exchange rate of RMB 1 to HKD 1.1558582...
Guotai Haitong Securities Accelerates Integration as Profits Hit Record Highs
Aug 18, 2026
Guotai Haitong Securities reported that its 2026 Corporate Value and Return Enhancement Action Plan has driven accelerated integration across the group, including the merger of asset management, alternative investment and private equity units, the...
Guotai Haitong Securities to Cancel Repurchased A Shares and Cut Share Capital
Aug 11, 2026
Guotai Haitong Securities Co., Ltd. is cancelling 47,786,169 repurchased A shares, equal to 0.2711% of its pre-cancellation share capital, reducing its total shares from 17,628,844,117 to 17,581,057,948. These shares, originally repurchased by for...
Guotai Haitong Securities Sets Board Meeting to Review Interim Results and Dividend Plan
Aug 4, 2026
Guotai Haitong Securities Co., Ltd., a Shanghai-based PRC joint stock securities firm listed in Hong Kong, provides securities and financial services through its subsidiaries to domestic and international clients. The company is governed by a mult...
Guotai Haitong Securities to Sell Shanghai Securities Stake, Boost Holding in Purchaser
Jul 27, 2026
Guotai Haitong Securities has signed a definitive agreement to dispose of its 24.99% equity interest in Shanghai Securities as part of a broader transaction in which multiple vendors will sell 100% of Shanghai Securities to a single purchaser. The...
Guotai Haitong Securities President Resigns as Chairman Assumes Dual Role
Jul 5, 2026
Guotai Haitong Securities announced that executive director and president Li Junjie has resigned from all positions due to work adjustment, with his departure effective upon delivery of his resignation letter and no reported disagreements with the...
Guotai Haitong Securities Sets Out Board and Committee Structure
Jul 5, 2026
Guotai Haitong Securities Co., Ltd., a PRC-based joint stock securities firm listed in Hong Kong, has outlined the composition of its board, which includes executive, non-executive, employee and independent non-executive directors. This governance...
Guotai Haitong Securities Forecasts Record First-Half 2026 Profit Surge
Jul 3, 2026
Guotai Haitong Securities expects a sharp rise in profitability for the first half of 2026, projecting net profit attributable to shareholders of between RMB20.0 billion and RMB20.5 billion, up 27% to 30% year on year, and net profit after excludi...
Guotai Haitong Securities Reports Poll Results and Strong Turnout at 2026 Extraordinary Meeting
Jun 26, 2026
Guotai Haitong Securities Co., Ltd. held its first extraordinary general meeting of 2026 on 26 June in Shanghai, confirming that the meeting was convened in accordance with PRC laws and the company’s articles of association. The session, cha...
Guotai Haitong Securities Revamps Pay Framework to Align Incentives With Risk and Strategy
Jun 26, 2026
Guotai Haitong Securities Co., Ltd. has issued new basic remuneration management rules to standardize pay across its headquarters, branches and subsidiaries, defining remuneration as both monetary and non‑monetary compensation. The framework...
Guotai Haitong Calls 2026 EGM on Pay Framework and A-Share Cancellation
Jun 4, 2026
Guotai Haitong Securities has called its first extraordinary general meeting of 2026 for 26 June in Shanghai, inviting H-shareholders to vote on key governance matters. The agenda includes approval of new basic remuneration management rules, signa...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.