Sinolink Securities Co (SHSE:600109) Enterprise Value: ¥-38,459 Mil (As of Jul. 21, 2026) ***

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SHSE:600109 Sinolink Securities Co Ltd SHSE:600109
71 GF Score
Price ¥8.74
GF Value ¥12.06
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Sinolink Securities Co Enterprise Value?

Sinolink Securities Co SHSE:600109 +1.75% 71 Enterprise Value is ¥-38,459 Mil as of Jul. 21, 2026. GuruFocus rates SHSE:600109 with a GF Score™ of 71/100 and a GF Value™ of ¥12.06 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Sinolink Securities Co's Enterprise Value is ¥-38,459 Mil. Sinolink Securities Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ¥9,049 Mil. Therefore, Sinolink Securities Co's EV-to-Revenue ratio for today is -4.25.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Sinolink Securities Co's Enterprise Value is ¥-38,459 Mil. Sinolink Securities Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ¥23,955 Mil. Therefore, Sinolink Securities Co's EV-to-OCF ratio for today is -1.61.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Sinolink Securities Co's Enterprise Value is ¥-38,459 Mil. Sinolink Securities Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ¥23,814 Mil. Therefore, Sinolink Securities Co's EV-to-FCF ratio for today is -1.61.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Sinolink Securities Co  (SHSE:600109) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Sinolink Securities Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=-38458.807/9049.343
=-4.25

Sinolink Securities Co's current Enterprise Value is ¥-38,459 Mil.
Sinolink Securities Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥9,049 Mil.

2. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Sinolink Securities Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=-38458.807/23954.947
=-1.61

Sinolink Securities Co's current Enterprise Value is ¥-38,459 Mil.
Sinolink Securities Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥23,955 Mil.

3. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Sinolink Securities Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=-38458.807/23813.791
=-1.61

Sinolink Securities Co's current Enterprise Value is ¥-38,459 Mil.
Sinolink Securities Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥23,814 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sinolink Securities Co Enterprise Value Related Terms


Sinolink Securities Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for Sinolink Securities Co's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sinolink Securities Co Enterprise Value Chart

Sinolink Securities Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,472.12 5,033.00 10,300.35 -11,275.91 -16,731.31

Sinolink Securities Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10,538.74 -13,182.17 -11,289.28 -16,731.31 -39,792.74

SHSE:600109 vs BLK, BX, KKR: Enterprise Value Comparison

For the Asset Management subindustry, Sinolink Securities Co's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sinolink Securities Co Enterprise Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Sinolink Securities Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Sinolink Securities Co's Enterprise Value falls into.


SHSE:600109
71GF Score
Sinolink Securities Co Ltd SHSE:600109
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinolink Securities Co Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Sinolink Securities Co's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Sinolink Securities Co's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ¥-38,459 Mil mean?
Sinolink Securities Co (SHSE:600109) has a Enterprise Value of ¥-38,459 Mil as of Jul. 21, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Sinolink Securities Co and its competitors.
Is Sinolink Securities Co's Enterprise Value too high?
Sinolink Securities Co's current Enterprise Value is ¥-38,459 Mil. Overall, Sinolink Securities Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sinolink Securities Co's Enterprise Value compare to BLK and BX?
Sinolink Securities Co's Enterprise Value of ¥-38,459 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Asset Management company?
A good Enterprise Value depends on the Asset Management industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Sinolink Securities Co and its competitors. Sinolink Securities Co's current Enterprise Value is ¥-38,459 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinolink Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Sinolink Securities Co (SHSE:600109) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥12.06, compared to a current price of ¥8.74 — trading 27.5% below its estimated fair value. The current Enterprise Value is ¥-38,459 Mil. Sinolink Securities Co's overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Sinolink Securities Co (SHSE:600109), the current Enterprise Value is ¥-38,459 Mil as of Jul. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sinolink Securities Co (SHSE:600109) Overvalued in 2026?

Based on GuruFocus' analysis, Sinolink Securities Co stock appears to be undervalued. The current stock price of ¥8.74 is trading 27.5% below its estimated GF Value™ of ¥12.06. GuruFocus considers Sinolink Securities Co to be Modestly Undervalued.

Key valuation signals for SHSE:600109:

  • Enterprise Value: ¥-38,459 Mil
  • GF Value™: ¥12.06 vs. price of ¥8.74 (27.5% below fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the SHSE:600109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinolink Securities Co Business Description

Address No. 95, Dongchenggen Shang Street, Qingyang District, Sichuan Province, Chengdu, CHN, 610015
Sinolink Securities Co Ltd is engaged in investment banking, research, consulting, and brokerage services in China. The company provides securities brokerage; securities investment consulting; financial advisory services related to securities trading and securities investment activities; securities underwriting and sponsorship; securities proprietary trading; securities asset management; margin trading; agency sales of financial products; agency sales of securities investment funds; and provision of intermediary introduction services for futures companies.
71GF Score

Get the complete analysis for SHSE:600109

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥8.74
Price
¥12.06
GF Value