Northeast Securities Co., Ltd.

SZSE

000686

Stock

Yield per half year: -17.51%
Dividend yield: 1.41%
Sector: Financials

Reporting Northeast Securities Co., Ltd.

Capitalization

IFRS

Reporting Annual Quarterly

	2008	2009	2010	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	LTM	Average for 5 years	CAGR 5
Capitalization, bln ¥											20.08					15.84	20.08	0.00
Revenue, bln ¥							6.71	4.42	4.85	6.71	7.84	6.47	7.31	4.9	6.38	6.22	6.58	-4.04
Net profit, bln ¥							2.63	1.31	0.6669	0.3014	1.01	1.33	1.62	0.2309	0.6685	0.8634	0.9719	-7.92
Book value, bln ¥						8.68	11.39	15.59	15.67	15.04	15.58	16.67	18.05	18.04	18.48		17.36	3.47
FCF, bln ¥									4.27	-0.8259	7.73	2.19	4.1	2.44	-2.18		2.86	-177.63
Operating Cash Flow, bln ¥							-3.91	-16.23	4.5	-0.7151	7.83	2.32	4.31	2.71	-1.88		3.06	-175.18
Operating profit, bln ¥	0.5699	1.25	0.7949	0.2848	0.8153	1.85	3.43	1.69	0.9358	0.6222							1.71	-19.58
Operating expenses, bln ¥							3.28	2.76	3.94	5.85	6.45						4.46	14.48
CAPEX, bln ¥							0.1544	0.1541	0.2336	0.1109	0.0987	0.1329	0.2143	0.2707	0.2944		0.2022	24.43

	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	Average for 5 quarters	CAGR 5
Capitalization, bln ¥							19.3												19.30	0.00
Revenue, bln ¥									2.11	2.37	0.7541	1.55	1.54	1.05	1.81	1.68	1.28	1.61	1.49	8.92
Net profit, bln ¥									0.512	0.4089	-0.2591	0.4658	0.0686	-0.0444	0.3733	0.1732	0.0294	0.0924	0.1248	-215.79
Book value, bln ¥									17.65	18.05	17.79	18.02	18.09	18.04	18.42	18.35	18.38	18.48	18.33	0.48
FCF, bln ¥									1.61	2.46	0.8048	0.6864	3.77	-2.82	-2.6	6.7	-7.34	1.05	-1.0020	-182.07
Operating Cash Flow, bln ¥									1.68	2.51	0.7272	0.7272	3.78	-2.63	-2.53	6.75	-7.31	1.2	-0.9040	-185.48
Operating profit, bln ¥	0.1542	0.0846	0.1919	0.7454	-0.0091	0.3612													0.2748	33.68
Operating expenses, bln ¥	0.957	1.99	2.27	1.55	1.49	1.99	1.42	1.29											1.55	-3.61
CAPEX, bln ¥									0.0695	0.049	0.0408	0.0408	0.0112	0.1935	0.0687	0.0507	0.0262	0.1487	0.0976	-5.13

Cash flow Cash flow quarterly Assets

Balance sheet

IFRS

Reporting Annual Quarterly

	2005	2006	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	LTM	Average for 5 years	CAGR 5
Cash, bln ¥									1.66	22.03	15.58	14.94	22.06	34.89	40.23	40.37	39.32	60.02	35.37	12.25
Short-Term Investments ¥			1.24	3.64	0.5489	0.9174	4.16	6.62	22.92	20.83	17.66	15.62							16.73	18.73
Long-Term Investments ¥									7.94	33.87	23.82	31.89	28.94	27.86	32.02	32.21	39.72		32.15	6.54
Accounts Receivable ¥									11.01	8.5	9.46	8.06	10.59	13.17	14	12.24			11.61	8.71
Total Current Assets ¥									62.3	55.62	42.55	49.79	65.82	65.43	77.22	75.72			66.80	8.75
Net assets, bln ¥							0.712	0.6987	0.7166	0.7184	0.7077	0.6652	0.6872	0.6601	0.9966	0.9843			0.7987	8.15
Assets, bln ¥								34.66	74.01	75.16	59.94	65.02	68.22	68.69	80.13	78.9	83.33		75.85	4.08
Short-Term Debt ¥											2.92	1.45							2.19	-29.53
Long-Term Debt ¥			0.9004	2.1	2.1	0.000406	1.9	3.9	13.71	19.72	14.26	15.5							13.42	31.78
Liabilities, bln ¥								25.83	62.18	58.56	43.13	48.9	52.07	51.27	61.44	60.24	64.44		57.89	4.36
Net debt, bln ¥											4.69	11.08	10.28						8.68	29.90
Debt, bln ¥											17.17	16.95						42.88	17.06	-0.64
Interest Income ¥										0.1948	0.1274	1.54	1.38	1.45	1.65	1.56	1.46		1.50	1.13
Interest Expense, bln ¥												1.46	1.46	1.32	1.45	1.3	1.46		1.40	0.00
Net interest income, bln ¥										-0.1948	-0.1274	0.0783	-0.0802	0.1381	0.1999	0.2589	0.0022		0.1038	-148.71
Goodwill ¥								0.0759	0.0759	0.0759	0.0759	0.0759	0.0759	0.0759	0.0759	0.0759	0.0759		0.0759	0.00
Cost of production, bln ¥									2.66	2.21	1.96	1.98							2.20	-7.11
Inventory ¥	0.0448	0.0507								0.1333	0.3489	0.5505	0.1904	0.107	0.0984	0.3077			0.2508	-10.98

	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	Average for 5 quarters	CAGR 5
Cash, bln ¥																	41.92	40.23	40.62	39.22	41.84	40.37	41.13	43.78	36.53	39.32	40.23	-0.53
Short-Term Investments ¥	9.53	8.41	9.87	7.87	18.18	14.99	15.62	20.33	18.92	16.2																	17.21	1.56
Long-Term Investments ¥																	35.3	32.02	31.44	33.93	36.2	32.21	37.08	39.4	42.1	39.72	38.10	4.28
Accounts Receivable ¥															13.67	15.13	14.33	14		13.28	11.9	12.24	13.6	11.63	11.72		12.22	-0.30
Total Current Assets ¥															69.51	74.45	81.03	77.22		79.07	80.04	75.72	79.88	85.86	79.99		80.30	-0.01
Net assets, bln ¥															0.8239	0.8922	0.9102	0.9966		0.9456	0.9316	0.9843	0.9925	0.9176	0.9155		0.9483	-0.35
Assets, bln ¥																	84.71	80.13	80.93	82.06	83.81	78.9	83.75	89.17	84.12	83.33	83.85	1.10
Short-Term Debt ¥					2.97		1.45		1.05																		1.82	-29.29
Long-Term Debt ¥	19.26	19.65	14.26	16.87	13.37	17.05	15.5	17.88	17.97	20.54																	17.79	3.79
Liabilities, bln ¥																	66.39	61.44	62.48	63.39	65.08	60.24	64.7	70.38	65.3	64.44	65.01	1.36
Net debt, bln ¥												9.87	4.35														7.11	-33.61
Debt, bln ¥					16.35		16.95		19.01																		17.44	5.15
Interest Income ¥																	0.4554	0.4322	0.3791	0.412	0.3266	0.4419	0.3292	0.4002	0.355	0.3753	0.3803	-3.21
Interest Expense, bln ¥																	0.3731	0.3706	0.3247	0.3133	0.2759	0.3868	0.3037	0.4183	0.3489	0.3867	0.3689	-0.01
Net interest income, bln ¥																	0.0823	0.0615	0.0544	0.0987	0.0508	0.0551	0.0256	-0.018	0.0061	-0.0114	0.0115	-172.97
Goodwill ¥																	0.0759	0.0759	0.0759	0.0759	0.0759	0.0759	0.0759	0.0759	0.0759	0.0759	0.0759	0.00
Cost of production, bln ¥					0.4411	0.5139	0.5728	0.6663	0.4325	0.5261																	0.5423	0.47
Inventory ¥							0.5505		0.7447		0.1904	0.1629		0.107		0.202		0.0984		0.2011		0.3077		0.1818			0.1982	-2.09

Share

IFRS

Reporting Annual Quarterly

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	LTM	Average for 5 years	CAGR 5
EPS	0.3888	-0.1118	0.11	0.2313	0.5109	1.27	0.5172	0.2849		0.5461						0.37	0.6258	1.34
Share price							12.36	8.77	6.26	9.3	9.82	8.78	6.5	7.1	5.84	5.84	7.61	-9.87
Number of shares, mln										2338.92							2338.92	0.00
FCF/share										3.3							3.30	0.00

	2019Q4	2020Q3	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	Average for 5 quarters	CAGR 5
EPS		0.1305	0.1542	0.1558	0.2188		0.1747	0.199	0.03		-0.019	0.074	0.0126		0.0593	-42.42
Share price					8.43	8.91	8.31	6.91	6.92	6.77	6.79	7.28	7.86	7.4	7.22	1.80
Number of shares, mln	2338.92														2338.92	0.00

	Average for 5 quarters	CAGR 5

Efficiency

IFRS

Reporting Annual Quarterly

	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	Average for 5 years	CAGR 5
ROE, %			23.09	8.44	4.26	2	6.46	8	9	1.28	3.62			4.7	6.23	5.67	-10.94
ROA, %			3.55	1.75	1.11	0.4635	1.48	1.94	2.03	0.2927	0.8021			1.07	1.35	1.31	-11.53
ROIC, %					6.3	4.7										5.50	-13.63
ROS, %					13.74	4.49	12.85	20.62	22.23	4.71	10.47	13.88	13.88	13.88	30.78	13.03	-8.99
ROCE, %													0	0	0.00
EBIT margin													0	0	0.00
EBITDA margin													0	0	0.00
Net margin			39.21	29.77	13.74	4.49	12.85	20.62	22.23	4.71	10.47			13.89	31.04	14.18	-4.01
Operational efficiency, %	41.08	52.05	51.16	38.32	19.28	9.28					0	0	0	0	0.00	34.02	-29.17
FCF yield, %							38.5									38.50	0.00

	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2025Q2	2025Q3	Industry average	Average for 5 quarters	CAGR 5
ROE, %							2.9	2.27	-1.46	2.58	0.3795	-0.2458	2.03	0.9439	0.1602	0.5002			6.23	0.6777	-215.27
ROA, %							0.6045	0.5102	-0.3202	0.5676	0.0819	-0.0562	0.4458	0.1943	0.035	0.1109			1.35	0.1460	-214.56
ROIC, %	1.11		3.1		1.17															1.79	1.77
ROS, %									-34.36	30.1	4.44	-4.21	20.59	10.33	2.3	5.73	13.88	13.88	30.78	9.22	6.09
Net margin							24.29	17.24	-34.36	30.1	4.44	-4.21	20.59	10.33	2.3	5.73			31.04	6.95	-206.36
Operational efficiency, %	13.88	4.07	7.81	33.21	-0.577	15.49													0.00	12.00	30.64

Coefficients

IFRS

Reporting Annual Quarterly

	2017	2018	2019	2023	2024	2025	LTM	Industry average	Average for 5 years	CAGR 5
P/E			19.94				18.36	20.09	19.94	0.00
P/BV			1.29				0.86	0.98	1.29	0.00
P/S			2.56				2.65	5.49	2.56	0.00
P/FCF			2.6	0	0	0	0	0.00	2.60	0.00
E/P			0.0502	0.0545	0.0545	0.0545	0.0545	0.07	0.0534	2.08
EV/EBIT					0	0	0	0.00
EV/S				0	0	0	0	0.00
EV/FCF					0	0	0	0.00
Debt/EBITDA				0	0	0	0	0.00
Netdebt/Ebitda				0	0	0	0	0.00
Debt/Ratio	0.2865	0.2606		0	0	0	0	0.00	0.2735	-4.63
Debt/Equity	1.1	1.13		0	0	0	0	0.00	1.11	1.35
Debt/Net Income	25.75	56.23		49.66	49.66	49.66	49.66	52.91	46.19	14.04
PEG						-52.98	-52.98	-83.14	-52.9800	0.00
Beta				0	-0.1007	0	0	0.00	-0.1007	0.00
Altman Index				0	0	0	0	0.00

	2018Q2	2018Q4	2019Q2	2019Q4	2025Q1	2025Q2	2025Q3	Industry average	Average for 5 quarters	CAGR 5
P/E				138.71				20.09	138.71	0.00
P/BV				1.24				0.98	1.24	0.00
P/S				11.5				5.49	11.50	0.00
E/P				0.0072		0.0545	0.0545	0.07	0.0387	96.35
Debt/Ratio	0.2591	0.2606	0.2618					0.00	0.2605	0.35
Debt/Equity	1.07	1.13	1.25					0.00	1.15	5.32
Debt/Net Income	141.31	557.22	870.69			49.66	49.66	52.91	333.71	-18.87
PEG						-52.98	-52.98	-83.14	-52.9800	0.00
Beta					0	0		0.00
Altman Index					0	0		0.00

	Industry average	Average for 5 quarters	CAGR 5

Dividends

IFRS

Reporting Annual Quarterly

	2015	2016	2017	2018	2019	2020	2021	2022	2023	LTM	Industry average	Average for 5 years	CAGR 5
Div. payout, bln	0.1768	0.5152	1.4	1.2	1.25	1.31	1.21	1.07	1.04			1.18	-3.61
Dividend	0.0567	0.2	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1		0.1000	0.00
Dividend yield, %	0.3302	1.58	0.9404	1.41	1.17	1.06	1.15	1.39	1.36	1.41	2.88	1.23	3.06
Dividends / profit, %	6.72	39.18	210.09	398.42	123.84	98.08	74.22	465.24	155.37	27.12	49.55	183.35	4.64

	2014Q2	2015Q2	2016Q2	2017Q3	2018Q2	2019Q2	2020Q2	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	Industry average	Average for 5 quarters	CAGR 5
Div. payout, bln									0.0657	0.3994	0.6633	0.6633	0.1371	0.1555	0.1338	0.5891	0.0987	0.2171		0.2388	6.90
Dividend	0.0378	0.0567	0.2	0.1	0.1	0.1	0.1	0.1				0.1				0.1				0.1000	0.00
Dividend yield, %	0.4516	0.2487	1.62	0.9557	1.35	1.07	1.22	1.18				1.45				1.37			2.88	1.26	5.07
Dividends / profit, %									12.82	97.69	-256.02	142.42	199.68	-350.64	35.83	340.03	335.18	234.83	49.55	119.05	-192.30

Pay for your subscription

More functionality and data for company and portfolio analysis is available by subscription

Subscribe

Other

IFRS

Reporting Annual

	2023	2024	CAGR 5
Staff, people	3 631	3 631	0.00

	CAGR 5

	CAGR 5