Capital Securities Corp. Ltd. (601136) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Capital Securities Corp. Ltd. ¥4.17, price ¥14.52, upside -71.3%, quality 65 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
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Capital Securities Corp. Ltd.
601136 · SHGStretched ValuationStrong overvaluation with only moderate quality.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
45‑month range ¥9.88 – ¥29.47 · fair‑value band ¥3.13 – ¥5.22 · the ¥14.52 price screens above the ¥4.17 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
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Company profile
Capital Securities Corporation Limited operates in the financial securities industry in China. It operates through Wealth Management Business, Asset Management Business, Investment Business, Investment Banking Business, and Others segments.
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Capital Securities Corporation Limited operates in the financial securities industry in China. It operates through Wealth Management Business, Asset Management Business, Investment Business, Investment Banking Business, and Others segments. The company offers wealth management services, including mutual and private equity funds, margin and credit trading, trust, and credit services, as well as brokerage services, including trading, research, and product sales support services. It also provides fixed income services, such as short-term financing, exchange-traded privately placed corporate bonds, treasury bonds, central bank bills, medium-term notes, financial and convertible bonds, and derivatives. In addition, the company offers investment banking services; equity financing services comprising initial public offerings and refinancing; mergers and acquisitions (M&A) and financial advisory services consisting of major asset purchases or sales, share issuance for asset acquisition, cross-border M&A, mergers and spin-offs, backdoor listings, equity incentives, and market capitalization management; capital intermediary services, including M&A and equity investment funds, M&A and bridge financing, structured and mezzanine financing, and bond resale; and debt financing services, such as corporate bonds, financial bonds, company bonds, and asset securitization services. Further, it provides stock sponsorship and underwriting; bond issuance and underwriting; securities brokerage; commodity futures and financial futures brokerage; asset management; equity investment management; financial consulting; project investment; and consulting services for non-securities businesses. The company serves corporate, institutional, retail, and high-net-worth clients. The company was incorporated in 2000 and is headquartered in Beijing, China. Capital Securities Corporation Limited operates as a subsidiary of Beijing Capital Venture Group Co., Ltd.
Stock analysis
Capital Securities Corp. Ltd. (601136) currently trades at ¥14.52, while our model-based Fair Value estimate is ¥4.17, implying the stock looks roughly 248.2% overvalued today.
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Valuation
How firm this estimate is: it rests on 20 models at a data quality of 95/100, which puts the evidence level at medium.
Scenario range: ¥3.13 (bear) to ¥5.22 (bull), the price of ¥14.52 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 65/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Capital Securities Corp. Ltd. reported revenue of 2.5B CNY in FY2025 versus 2.1B CNY in FY2021, a compound +4.9%/yr. Reported net income was 1.1B CNY in FY2025, compounding +5.3%/yr from FY2021.
Key figures
Market cap 39.7B CNY (≈ $5.9B) · P/E ratio 36.3 · P/S ratio 15.3 · EPS (TTM) ¥0.4000 · Dividend yield 2.3% · Net margin 42.2% · Return on equity 7.5% · Return on assets 2.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 35% below its 52-week high and 8% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −20% fair-value upside, at −71%, 601136 screens richer than that median.
Fair Value models
All 2 models by family
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Set up alert →Quality Score breakdown
Of which business quality 63 · Market factors (momentum, volatility) 38
Revenue & earnings trend
Growth Forecast
601136 screens 248% overvalued. Compare with Morgan Stanley, a financial holding company, →
Compare Capital Securities Corp. Ltd. with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Capital Markets · 463 stocks
Valuation Multiplesvs Capital Markets median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Chinese Stocks
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Capital Markets stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Morgan Stanley, a financial holding company, MS | $200.18 | $312.73 | +56% |
| The Goldman Sachs Group GS | $949.49 | $756.89 | −20% |
| The Charles Schwab Corporation SCHW | $100.35 | $117.26 | +17% |
| Interactive Brokers Group IBKR | $91.88 | $23.37 | −75% |
| Robinhood Markets, Inc HOOD | $124.25 | $47.73 | −62% |
| Macquarie Group MQG | A$242.35 | A$75.58 | −69% |
| CITIC Securities Company 600030 | ¥26.89 | ¥17.68 | −34% |
| Guotai Haitong Securities Co 601211 | ¥17.71 | ¥18.62 | +5% |
| East Money Information Co 300059 | ¥18.77 | ¥4.77 | −75% |
| CSC Financial Co 601066 | ¥23.77 | ¥40.45 | +70% |
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Key figures of Capital Securities Corp. Ltd.
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