| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.81B | 4.51B | 4.00B | 4.00B | 3.28B | 2.09B |
| Gross Profit | 7.37B | 3.23B | 2.62B | 2.87B | 1.42B | 868.91M |
| EBITDA | 1.96B | 2.00B | 2.32B | 2.23B | 2.29B | 1.53B |
| Net Income | 1.82B | 397.42M | 674.55M | 767.28M | 888.64M | 587.87M |
Balance Sheet | ||||||
| Total Assets | 206.93B | 97.21B | 87.13B | 74.38B | 65.94B | 46.22B |
| Cash, Cash Equivalents and Short-Term Investments | 10.62B | 59.34B | 49.67B | 40.22B | 34.95B | 26.53B |
| Total Debt | 89.59B | 25.04B | 25.55B | 21.25B | 18.44B | 13.96B |
| Total Liabilities | 149.52B | 78.26B | 69.01B | 57.62B | 49.56B | 35.63B |
| Stockholders Equity | 56.86B | 18.58B | 17.77B | 16.76B | 16.38B | 10.59B |
Cash Flow | ||||||
| Free Cash Flow | -15.60B | 8.02B | 581.25M | 1.84B | -6.96B | -5.46B |
| Operating Cash Flow | -15.39B | 8.18B | 779.79M | 1.95B | -6.85B | -5.37B |
| Investing Cash Flow | 32.07B | 1.37B | ― | -2.16B | -6.32B | -1.33B |
| Financing Cash Flow | 709.28M | -2.26B | 3.72B | 1.53B | 9.18B | 9.14B |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
60 Neutral | HK$84.15B | 13.34 | 5.22% | 2.66% | 30.38% | 2.63% | |
57 Neutral | HK$60.49B | 15.21 | 4.95% | 1.18% | 365.12% | 170.00% | |
55 Neutral | HK$98.27B | 12.49 | 5.91% | 3.48% | 22.13% | 63.08% | |
55 Neutral | HK$19.60B | 20.29 | 3.28% | 1.25% | -36.99% | 181.79% | |
54 Neutral | HK$14.65B | 23.16 | 43.44% | 4.01% | 11.40% | 11.52% | |
53 Neutral | HK$27.11B | 38.67 | 4.78% | 2.75% | 32.03% | 154.14% |
Guolian Minsheng Securities Company Limited, a PRC-based securities firm listed in Hong Kong, offers a range of securities and investment-related services to investors and clients across its core markets in China and Hong Kong.
The company has announced that it will change its official website domain from www.glsc.com.cn to www.glms.com.cn and its investor contact email from glsc-ir@glsc.com.cn to ir@glms.com.cn, with the old addresses to be discontinued from 1 January 2026. All regulatory disclosures and corporate documents released through the Hong Kong Stock Exchange will also be made available on the new website, while the existing investor contact telephone and fax numbers will remain unchanged, signaling a targeted upgrade of its digital and investor communication infrastructure rather than a broader operational shift.
The most recent analyst rating on (HK:1456) stock is a Hold with a HK$5.50 price target. To see the full list of analyst forecasts on Guolian Securities Co., Ltd. Class H stock, see the HK:1456 Stock Forecast page.
Guolian Minsheng Securities Company Limited has issued detailed rules of procedures for its Board Audit Committee, formalizing how the committee independently and effectively oversees financial reporting, information disclosure, auditing activities and internal control in line with PRC company and securities laws, domestic governance guidelines and the listing requirements of the Shanghai and Hong Kong stock exchanges. The rules define the Audit Committee’s composition—requiring at least three non-executive directors, a majority of whom are independent and one with substantial accounting or financial expertise—and set clear responsibilities for recommending the appointment and terms of external auditors, and for assessing their independence, professionalism and audit effectiveness, strengthening the firm’s governance framework and assurance to investors on the quality and integrity of its financial oversight.
Guolian Minsheng Securities Company Limited has formalised detailed rules of procedure for its Board’s Risk Control Committee to strengthen corporate governance and standardise risk-related decision-making. The committee, composed of five directors including at least one independent director and chaired by the Board chairman, is tasked with overseeing the company’s overall risk and compliance management, reviewing risk management objectives and policies, evaluating the structure and duties of risk and compliance departments, and assessing major Board decisions from a risk perspective. Administrative support will be provided by the Board secretary and office, with relevant internal departments required to supply information and research, underscoring the company’s effort to maintain risk within reasonable limits and reinforce disciplined, systematic oversight of its operations.
Guolian Minsheng Securities has announced a change in its corporate governance structure, with the Hong Kong Stock Exchange confirming that Hui Yu now meets the qualifications to serve as the company secretary under the relevant listing rules. As a result, Zhang Xiao has resigned as joint company secretary and as an authorised representative, and Hui Yu will assume the roles of sole company secretary and authorised representative with effect from 30 December 2025, a move that streamlines the company’s compliance and representation functions without any reported board disagreement or shareholder concerns.
Guolian Minsheng Securities Company Limited has formally established and codified the rules of procedures for its Strategy and ESG Committee under the board of directors, aiming to improve decision-making on business strategy, major investments and ESG governance. The five‑member committee, chaired by the board chairman, is tasked with monitoring the company’s operations, tracking domestic and international industry trends and policies, advising on strategic development planning, capital operations, major investment and financing decisions, and overseeing ESG vision, objectives, policies, risk management and key issues, reflecting a move to strengthen corporate governance and align with regulatory and stakeholder expectations on sustainable development.
Guolian Minsheng Securities Company Limited has formalised detailed rules for its Board’s Remuneration and Nomination Committee, aiming to ensure that the body operates independently, efficiently and in compliance with PRC corporate and securities laws as well as dual-listing governance standards. The committee, comprised mainly of independent directors and supported by a dedicated working group, is tasked with designing and recommending remuneration structures, performance appraisal systems, and incentive mechanisms for directors and senior management, reinforcing transparent governance and board oversight of pay and appointments, which may enhance investor confidence and align management incentives with shareholder interests.
Guolian Minsheng Securities Company Limited has adopted detailed rules of procedures for its Board’s Remuneration and Nomination Committee to standardize how it sets and oversees pay and appointments for directors and senior management. The new framework, grounded in Chinese company and securities laws as well as mainland and Hong Kong listing governance requirements, defines the committee’s composition, mandates a majority of independent directors and an independent chair, and establishes a working group under the Board Office to handle daily coordination. By codifying responsibilities such as designing remuneration policies, formulating performance appraisal systems, setting evaluation criteria, and making recommendations on executive pay and nominations, the company aims to enhance transparency, independence and procedural rigor in its governance, which may strengthen oversight, align management incentives with corporate objectives, and improve confidence among investors and regulators.
Guolian Minsheng Securities has further consolidated its control over Minsheng Securities Co., Ltd. by acquiring an additional 81,543,019 shares, equivalent to 0.72% of Minsheng Securities’ total share capital, from Oceanwide Holdings via judicial auction. Following an enforcement ruling from the Beijing Second Intermediate People’s Court and the issuance of a new equity certificate, Guolian Minsheng’s stake in Minsheng Securities has risen from 99.26% to 99.98%, effectively giving it near-full ownership and reinforcing its strategic control and operational influence over the subsidiary for the benefit of its broader stakeholder base.
Guolian Securities Co., Ltd. has announced the termination of a connected transaction involving the establishment of the Wuxi Guolian Tongzhi Technology Industry Investment Partnership. Despite initial plans for a RMB1.22 billion fund, no capital contributions were made, and the fund was not formally established. The decision to dissolve the partnership was made unanimously by all partners, and Guolian Capital will oversee the liquidation process. The termination will not negatively impact Guolian Securities’ financial position or operations, nor will it affect shareholder interests.
Guolian Securities Co., Ltd. held its third extraordinary general meeting for 2025, where several key resolutions were passed. These included amendments to the Articles of Association, the abolishment of the Supervisory Committee, and the election of directors and a chairman for the sixth session of the board. The meeting also saw the appointment of a new CEO and changes to the company’s business scope. These decisions are expected to streamline the company’s governance structure and potentially enhance its operational efficiency, impacting its market positioning positively.
Guolian Minsheng Securities Company Limited, a joint stock limited company in the People’s Republic of China, has announced the composition of its board of directors and their respective roles within the company. The board includes executive, non-executive, employee, and independent non-executive directors, each serving on various committees such as Strategy and ESG, Remuneration and Nomination, Audit, and Risk Control. This announcement provides clarity on the governance structure and delineates the responsibilities of each board member, which is crucial for stakeholders to understand the company’s strategic direction and oversight mechanisms.
Guolian Minsheng Securities Company Limited has announced the election of Mr. Chen Xingjun as an employee Director at the company’s recent employee representatives’ meeting. Mr. Chen, who holds several key positions within the company, will join the sixth session of the Board after approval at the upcoming general meeting. His appointment is part of the company’s strategic governance structure, although he will not receive director-specific remuneration, his compensation will align with his existing roles within the company.
Guolian Minsheng Securities Company Limited has announced its third extraordinary general meeting for 2025, where several key resolutions will be discussed. These include amendments to the Articles of Association, changes to the company’s business scope, and the abolishment of the Supervisory Committee. Additionally, the meeting will address adjustments to the allowance standards for independent non-executive directors and the election of new directors for the sixth session of the board, indicating a significant restructuring of the company’s governance framework.
Guolian Minsheng Securities Company Limited reported a significant increase in its financial performance for the third quarter of 2025, with operating income rising by 120.55% and total profit increasing by 103.93% compared to the same period last year. The company’s net profit attributable to shareholders also saw a substantial rise of 106.24% year-on-year, indicating strong growth and improved profitability, although net cash flows from operating activities were negative.
Guolian Minsheng Securities Company Limited has announced significant amendments to its Articles of Association and the abolishment of its Supervisory Committee. These changes are in response to the repeal of certain mandatory provisions and the implementation of the new Company Law in China. The responsibilities of the Supervisory Committee will now be assumed by the Audit Committee under the Board, pending approval at the upcoming shareholders’ general meeting.
Guolian Securities Co., Ltd. has announced the re-election and appointment of its Board of Directors for the sixth session, following the expiration of the fifth session’s term. The new board will include both non-independent and independent directors, with terms set for three years, subject to shareholder approval. The company has ensured that all proposed independent directors meet the necessary independence requirements, and it has outlined remuneration details for the appointed directors, which will be finalized upon shareholder approval.
Guolian Minsheng Securities Company Limited has announced that its board of directors will meet on October 30, 2025, to review and approve the company’s third-quarter financial results for the period ending September 30, 2025. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and stakeholder interests.
Guolian Minsheng Securities Company Limited has announced the postponement of the re-election of its board of directors and supervisory committee, originally set to expire on October 19, 2025. This decision is made to ensure continuity as preparations for the re-election and committee reform are underway. The current board and committee members will continue their duties, and the postponement will not affect the company’s normal operations.