EN DE
STOCK COMPARISON

Dongxing Sec Co vs Huatai Securities Co: Fair Value & Quality

Both stocks run through our valuation models. Here is how Dongxing Sec Co (601198) and Huatai Securities Co (601688) compare, as of Aug 10, 2026.

As of Aug 10, 2026, Fair Value Calculator sees Huatai Securities Co as the more attractively valued of the two: Dongxing Sec Co trades at ¥13.80 versus a fair value of ¥11.05 (-20%), while Huatai Securities Co trades at ¥19.28 versus ¥30.85 (+60%).
Dongxing Sec Co
601198.SHG · CNY · Financials
-20%
upside to fair value
overvalued
Price¥13.80
Fair Value¥11.05
Quality61/100
Huatai Securities Co
601688.SHG · CNY · Financials
+60%
upside to fair value
undervalued
Price¥19.28
Fair Value¥30.85
Quality57/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Dongxing Sec CoHuatai Securities Co
Valuation
19.7×P/E (TTM)11.1×
9.18×P/S (TTM)4.72×
1.34×P/B0.90×
17.1×EV/EBITDA
0.7%Dividend yield2.7%
¥0.09Dividend per share¥0.55
Profitability
48%Net margin44%
57%Operating margin58%
7%Return on equity9%
2%Return on assets2%
Growth
31%Revenue growth (YoY)45%
11.0%Avg. growth/yr (3Y)2.7%
-9.0%Avg. growth/yr (5Y)-0.1%
Balance & size
0.65×Debt / equity0.31×
$7BMarket cap$28B
weakGrowth qualityweak

Huatai Securities Co leads: 3 to 9 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Dongxing Sec Coof which business quality 57 · market factors 63 Huatai Securities Coof which business quality 53 · market factors 47
ProfitabilityMargins and returns on capital today
35
34
Quality GrowthAre margins and returns improving?
51
37
CashflowEarnings quality: real cash, not paper profit
61
0
Fin. StrengthBalance sheet, leverage, solvency risk
51
100
InvestmentDisciplined investing over empire-building
79
70
Low VolatilityCalm price path (market factor)
84
76
MomentumPrice trend over the last 3–12 months (market factor)
49
39
52W MomentumDistance to the 52-week high (market factor)
64
30
Net IssuanceBuybacks instead of dilution
81
91

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

Dongxing Sec Co

Multiples¥8.74
Asset-Based¥6.89

2 of 2 models see the stock below the current price.

Huatai Securities Co

Multiples¥19.49
Asset-Based¥15.36

1 of 2 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Dongxing Sec Co
Bear ¥8.29Fair Value ¥11.05Bull ¥13.82
¥13.80 = current price (white tick)
Huatai Securities Co
Bear ¥23.14Fair Value ¥30.85Bull ¥38.57
¥19.28 = current price (white tick)

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Dongxing Sec Co · Financials

Quality score61 · above median
Fair value upside-20% · below median

Huatai Securities Co · Financials

Quality score57 · above median
Fair value upside+60% · Top 25%

Bottom line

As of Aug 10, 2026, Fair Value Calculator sees Huatai Securities Co as the more attractively valued of the two: Dongxing Sec Co trades at ¥13.80 versus a fair value of ¥11.05 (-20%), while Huatai Securities Co trades at ¥19.28 versus ¥30.85 (+60%).

Dongxing Sec Co has the higher quality score (61/100).

See the full analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.