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Zhongtai Securities CoSHSE:600918 -2.65%62 Net Margin % is 15.14% as of Mar. 2026, which is 17% below its 10-year median of 18.32. GuruFocus rates SHSE:600918 with a GF Score™ of 62/100 and a GF Value™ of ¥6.87 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 776 Capital Markets companies, Zhongtai Securities Co ranks worse than 52.32% on this metric.
The historical rank and industry rank for Zhongtai Securities Co's Net Margin % or its related term are showing as below:
SHSE:600918'
s Net Margin % Range Over the Past 10 Years
Min: 6.44 Med: 18.32 Max: 29.47
Current: 12.78
SHSE:600918's Net Margin % is ranked worse than 52.32% of 776
companies
in the Capital Markets industry
Industry Median: 14.735
vs SHSE:600918: 12.78
Zhongtai Securities Co (SHSE:600918) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Zhongtai Securities Co Net Margin % Related Terms
Zhongtai Securities Co Net Margin % Historical Data
* 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.
SHSE:600918 vs MS, GS, SCHW: Net Margin % Comparison
For the Capital Markets subindustry, Zhongtai Securities Co's Net Margin %, along with its competitors' market caps and Net Margin % 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.
Zhongtai Securities Co Net Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Zhongtai Securities Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where Zhongtai Securities Co's Net Margin % falls into.
* 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.
Zhongtai Securities Co (SHSE:600918) has a Net Margin % of 15.14% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Zhongtai Securities Co and its competitors. This is 17% below median its historical median of 18.32. Over the past decade, Zhongtai Securities Co's Net Margin % has ranged from 6.44 to 29.47. According to the industry distribution chart, Zhongtai Securities Co ranks #406 out of 776 companies in the Capital Markets industry, placing it in the top 52.3%.
Is Zhongtai Securities Co's Net Margin % too high?
Zhongtai Securities Co's current Net Margin % of 15.14% is 17% below median its 10-year median of 18.32. Over the past 10 years, this metric has ranged from a low of 6.44 to a high of 29.47. The Capital Markets industry median Net Margin % is 14.74. Zhongtai Securities Co's value of 15.14% is 2.7% above this industry median. Based on the distribution chart, Zhongtai Securities Co ranks #406 out of 776 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Zhongtai Securities Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhongtai Securities Co's Net Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Zhongtai Securities Co ranks #406 out of 776 companies for Net Margin %. This places Zhongtai Securities Co in the lower half of its industry. The industry median Net Margin % is 14.74. Zhongtai Securities Co's value of 15.14% is 2.7% above this benchmark. Historically, Zhongtai Securities Co's own Net Margin % has ranged from 6.44 to 29.47 over the past decade. While the company's 10-year median is 18.32 vs. the industry median of 14.74, Zhongtai Securities Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Capital Markets company?
The median Net Margin % among Capital Markets companies is 14.74, based on 776 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zhongtai Securities Co's current Net Margin % of 15.14% is 2.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Zhongtai Securities Co and its competitors. For the Capital Markets industry, the median Net Margin % is 14.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongtai Securities Co's current Net Margin % is 15.14%, which is 17% below median its own 10-year median of 18.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongtai Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Zhongtai Securities Co (SHSE:600918) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.87, compared to a current price of ¥5.51 — trading 19.8% below its estimated fair value. The current Net Margin % is 15.14%, which is 17% below median its 10-year median of 18.32 and 2.7% above the Capital Markets industry median of 14.74. Zhongtai Securities Co's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Zhongtai Securities Co (SHSE:600918), the current Net Margin % is 15.14% as of Mar. 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 Zhongtai Securities Co (SHSE:600918) Overvalued in 2026?
Based on GuruFocus' analysis, Zhongtai Securities Co stock appears to be undervalued.
The current stock price of ¥5.51 is trading 19.8% below its estimated GF Value™ of ¥6.87.
GuruFocus considers Zhongtai Securities Co to be Modestly Undervalued.
Key valuation signals for SHSE:600918:
Net Margin %: 15.14% (17% below median its 10-year median of 18.32)
GF Value™: ¥6.87 vs. price of ¥5.51 (19.8% below fair value)
Industry Position: 2.7% above the Capital Markets median (#406 of 776)
No single metric tells the full story. See the SHSE:600918 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhongtai Securities Co Ltd is a China-based company mainly engaged in wealth management business. The company operates through eight segments: Asset management business segment, Credit business segment, Futures business segment, International business segment, Investment banking segment, Investment business segment, Wealth management business segment, and Others. It generates the majority of its revenue from the Wealth management business segment. The wealth management business mainly provides securities brokerage services, investment advisory services, product allocation services, and comprehensive financial services.
62GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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