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Southwest Securities Co., Ltd. (600369.SS)

CNY4.20 +0.08 (+1.94%)
CN SHH Financial Services Financial - Capital Markets
Address Southwest Securities Headquarters Building 400025
Chongqing, CQ, CN
CEO Yu Song Yang
IPO 2001-01-09
ISIN CNE0000016P6

Explore sections of this company profile

Description

Southwest Securities Co., Ltd. operates as a securities company in China. The company operates through Securities Brokerage, Proprietary Securities Trading, Investment Banking, Asset Management, and Other Businesses segments. It is involved in buying and selling of securities; sale of financial products, margin trading, and stock transactions; pledging, repurchase agreements, stock options, institutional brokerage, investment advisory, futures IB, and equity incentive financing; and investment and trading in equity, fixed-income, derivatives, and other financial products. The company also offers equity financing, bond financing, M&A restructuring financial advisory, and listing services; investment management services; and think tank support to local governments and industrial groups. In addition, it engages in the market making and other related businesses; and futures brokerage and risk management businesses. The company was founded in 1990 and is headquartered in Chongqing, China.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY4.20 +0.08 (+1.94%)
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Volume Profile
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Liquidity & share structure
Average Volume
42M
Beta
0.62
Float Shares
2.01B
Free Float %
30.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% -1.00% -6.13% -12.72% -10.16% -11.16% -4.10% +6.13% -18.78% -47.35% +4.19%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
4.20
DCF (Unlevered) 6.43 +53.0%
DCF (Levered) 3.89 -7.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.32
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
4 / 5
High
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Financial - Capital Markets: +19.7%
    +16.1% Q1'26: +31.7% (vs Q1'25)
  • EPS growth Financial - Capital Markets: +35.3%
    +45.5% Q1'26: +16.8% (vs Q1'25)
  • FCF margin FCF growth · Financial - Capital Markets: +29.5%
    +168.4% Q1'26: +213.5% (vs Q1'25)
  • EBIT margin Financial - Capital Markets: +33.5%
    +30.1% Q1'26: +30.2% (vs Q1'25)
  • ROIC Financial - Capital Markets: +4.0%
    Q1'26: +1.6% (vs Q1'25)
  • Share dilution Financial - Capital Markets: +0.0%
    +4.4% Q1'26: +8.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Financial - Capital Markets: -0.30×
    22.04× Q1'26: 42.56× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.69) × ERP
WACC = 47% × Ke + 53% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 6.43 Current price: 4.20
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
Revenue
8.23B
est: 8.36B (-1.5%)
3.48B
est: 3.64B (-4.4%)
2.87B
est: 3.14B (-8.8%)
4.26B
est: 2.38B (+79.5%)
4.81B
est: 3.28B (+46.7%)
4.14B
est: 3.12B (+32.9%)
4.02B
est: 3.56B (+12.9%)
2.65B
est: 1.81B (+46.2%)
3.27B
est: 2.01B (+62.8%)
3.28B
est: 2.43B (+35.1%)
3.81B
est: 3.24B (+17.7%)
3.61B
3.61B – 3.61B
+11.3% YoY
3.70B
3.70B – 3.70B
+2.5% YoY
EBITDA
4.41B
est: 2.08B (+111.9%)
1.22B
est: 906.22M (+34.4%)
948.61M
est: 782.75M (+21.2%)
309.73M
est: 591.33M (-47.6%)
1.18B
est: 816.78M (+44.1%)
1.25B
est: 776.32M (+60.7%)
1.18B
est: 887.12M (+32.7%)
302.10M
est: 451.15M (-33.0%)
722.96M
est: 521.76M (+38.6%)
1.04B
est: 630.89M (+64.4%)
1.35B
est: 840.96M (+60.7%)
936.19M
936.19M – 936.19M
+11.3% YoY
959.82M
959.82M – 959.82M
+2.5% YoY
EBIT
4.34B
est: 1.67B (+159.9%)
1.13B
est: 727.72M (+54.8%)
842.64M
est: 628.58M (+34.1%)
214.42M
est: 474.86M (-54.8%)
1.10B
est: 655.90M (+67.6%)
1.18B
est: 623.41M (+89.6%)
1.04B
est: 712.38M (+45.8%)
106.13M
est: 362.29M (-70.7%)
527.63M
est: 408.12M (+29.3%)
836.20M
est: 493.47M (+69.5%)
1.15B
est: 657.79M (+74.5%)
732.28M
732.28M – 732.28M
+11.3% YoY
750.77M
750.77M – 750.77M
+2.5% YoY
Net Income
3.55B
est: 4.23B (-15.9%)
917.57M
est: 1.46B (-37.0%)
668.80M
est: 958.55M (-30.2%)
226.84M
est: 508.65M (-55.4%)
1.04B
est: 953.72M (+9.3%)
1.09B
est: 1.02B (+7.3%)
1.04B
309.42M
est: 508.65M (-39.2%)
602.23M
est: 469.63M (+28.2%)
699.39M
est: 663.98M (+5.3%)
1.06B
est: 929.58M (+14.3%)
1.20B
1.20B – 1.20B
+28.6% YoY
— – —
-100.0% YoY
SGA
461.17M
est: 741.43M (-37.8%)
452.37M
est: 322.86M (+40.1%)
464.08M
est: 278.88M (+66.4%)
358.07M
est: 210.68M (+70.0%)
312.74M
est: 291.00M (+7.5%)
288.66M
est: 276.58M (+4.4%)
299.13M
est: 316.06M (-5.4%)
273.99M
est: 160.73M (+70.5%)
305.35M
est: 344.07M (-11.3%)
337.02M
est: 416.03M (-19.0%)
1.84B
est: 554.56M (+231.4%)
617.36M
617.36M – 617.36M
+11.3% YoY
632.95M
632.95M – 632.95M
+2.5% YoY
EPS
0.63
est: 0.66 (-5.2%)
0.16
est: 0.23 (-30.2%)
0.12
est: 0.15 (-20.4%)
0.04
est: 0.08 (-50.0%)
0.18
est: 0.15 (+20.0%)
0.18
est: 0.16 (+12.5%)
0.16
0.05
est: 0.08 (-41.8%)
0.09
est: 0.07 (+27.2%)
0.11
est: 0.10 (+10.0%)
0.16
est: 0.14 (+14.3%)
0.18
0.18 – 0.18
+28.6% YoY
— – —
-100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B- 2/5 4/5 2/5 3/5 1/5 1/5 3/5
2026-05-28 B- 2/5 4/5 2/5 3/5 1/5 1/5 3/5
2026-05-27 B- 2/5 4/5 2/5 3/5 1/5 1/5 3/5
2026-05-26 B- 2/5 4/5 2/5 3/5 1/5 1/5 3/5
2026-05-25 B- 2/5 4/5 2/5 3/5 1/5 1/5 3/5
2026-05-22 B- 2/5 4/5 2/5 3/5 1/5 1/5 3/5
2026-05-21 B- 2/5 4/5 2/5 3/5 1/5 1/5 3/5
2026-05-20 B- 2/5 4/5 2/5 3/5 1/5 1/5 3/5
2026-05-19 B- 2/5 4/5 2/5 3/5 1/5 1/5 3/5
2026-05-18 B- 2/5 4/5 2/5 3/5 1/5 1/5 3/5
2026-05-15 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-05-14 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-05-13 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-05-12 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-05-11 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-05-08 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-05-07 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-05-06 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-30 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-29 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-28 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-27 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-24 B- 3/5 4/5 2/5 4/5 1/5 1/5 3/5
2026-04-23 B- 3/5 4/5 2/5 4/5 1/5 1/5 3/5
2026-04-22 B- 3/5 4/5 2/5 4/5 1/5 1/5 3/5
2026-04-21 B- 3/5 4/5 2/5 4/5 1/5 1/5 3/5
2026-04-20 B- 3/5 4/5 2/5 4/5 1/5 1/5 3/5
2026-04-17 B 3/5 4/5 2/5 4/5 1/5 2/5 3/5
2026-04-16 B 3/5 4/5 2/5 4/5 1/5 2/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-4.48B
OE per share TTM
-0.67
Owner's Yield
-16.93%
Maintenance CapEx ratio
12.39%
Maint CapEx / Avg PPE
32.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 33 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF ASHS 0.15% 53.4K 0.65%
2 HSBC MSCI China A UCITS ETF HMCT.L 0.07% 97.5K 0.30%
3 WisdomTree Emerging Markets SmallCap Dividend Fund DGS 0.01% 267.1K 0.58%
4 Franklin FTSE China ETF FLCH 0.01% 35.9K 0.19%
5 Franklin FTSE China UCITS ETF FLXC.L 0.01% 198.1K 0.19%
6 Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF EMCR 0.01% 6.6K 0.15%
7 Dimensional - Emerging Markets Value ETF DFEV 0.00% 89.5K 0.46%
8 Franklin FTSE Asia ex Japan ETF FLAX 0.00% 1.7K 0.19%
9 Schwab Emerging Markets Equity ETF SCHE 0.00% 371.0K 0.06%
10 Vanguard FTSE Asia ex Japan Shares Index ETF VAE.AX 0.00% 17.2K 0.40%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
447.2K
Shares Outstanding
6.65B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Bei Meng Accounting Supervisor
Jiang He Chief Information Officer male
Jun Li Deputy GM, Board of Directors Secretary & Director male
Li Zhang Deputy General Manager female
Ming Hua Chief Information Officer male
Ping Ye Deputy General Manager male
Tiancai Zhao Compliance Officer & Chief Risk Officer male
Wei Wang Deputy General Manager male
Xu Zhang Deputy GM & Head of Finance male
Yusong Yang GM & Director male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits