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Nanjing Securities CoSHSE:601990 -1.74%66 Net Margin % is 40.92% as of Mar. 2026, which is 24% above its 10-year median of 32.96. GuruFocus rates SHSE:601990 with a GF Score™ of 66/100 and a GF Value™ of ¥8.50 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 776 Capital Markets companies, Nanjing Securities Co ranks better than 77.32% on this metric.
The historical rank and industry rank for Nanjing Securities Co's Net Margin % or its related term are showing as below:
SHSE:601990'
s Net Margin % Range Over the Past 10 Years
Min: 18.84 Med: 32.96 Max: 39.48
Current: 39.48
SHSE:601990's Net Margin % is ranked better than 77.32% of 776
companies
in the Capital Markets industry
Industry Median: 14.81
vs SHSE:601990: 39.48
Nanjing Securities Co (SHSE:601990) 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.
Nanjing Securities Co Net Margin % Related Terms
Nanjing Securities Co Net Margin % Historical Data
* Premium members only.
The historical data trend for Nanjing Securities Co's Net Margin % 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.
SHSE:601990 vs MS, GS, SCHW: Net Margin % Comparison
For the Capital Markets subindustry, Nanjing 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.
Nanjing Securities Co Net Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Nanjing Securities Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where Nanjing 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.
Nanjing Securities Co (SHSE:601990) has a Net Margin % of 40.92% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Nanjing Securities Co and its competitors. This is 24% above median its historical median of 32.96. Over the past decade, Nanjing Securities Co's Net Margin % has ranged from 18.84 to 39.48. According to the industry distribution chart, Nanjing Securities Co ranks #176 out of 776 companies in the Capital Markets industry, placing it in the top 22.7%.
Is Nanjing Securities Co's Net Margin % too high?
Nanjing Securities Co's current Net Margin % of 40.92% is 24% above median its 10-year median of 32.96. Over the past 10 years, this metric has ranged from a low of 18.84 to a high of 39.48. The Capital Markets industry median Net Margin % is 14.81. Nanjing Securities Co's value of 40.92% is 176.3% above this industry median. Based on the distribution chart, Nanjing Securities Co ranks #176 out of 776 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Nanjing Securities Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Securities Co's Net Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Nanjing Securities Co ranks #176 out of 776 companies for Net Margin %. This places Nanjing Securities Co in the top 23% of its industry — outperforming the majority of peers. The industry median Net Margin % is 14.81. Nanjing Securities Co's value of 40.92% is 176.3% above this benchmark. Historically, Nanjing Securities Co's own Net Margin % has ranged from 18.84 to 39.48 over the past decade. While the company's 10-year median is 32.96 vs. the industry median of 14.81, Nanjing 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 14.81, 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. Nanjing Securities Co's current Net Margin % of 40.92% is 176.3% 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 Nanjing Securities Co and its competitors. For the Capital Markets industry, the median Net Margin % is 14.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanjing Securities Co's current Net Margin % is 40.92%, which is 24% above median its own 10-year median of 32.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Securities Co (SHSE:601990) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.50, compared to a current price of ¥6.76 — trading 20.5% below its estimated fair value. The current Net Margin % is 40.92%, which is 24% above median its 10-year median of 32.96 and 176.3% above the Capital Markets industry median of 14.81. Nanjing Securities Co's overall GF Score™ is 66/100 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 Nanjing Securities Co (SHSE:601990), the current Net Margin % is 40.92% 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 Nanjing Securities Co (SHSE:601990) Overvalued in 2026?
Based on GuruFocus' analysis, Nanjing Securities Co stock appears to be undervalued.
The current stock price of ¥6.76 is trading 20.5% below its estimated GF Value™ of ¥8.50.
GuruFocus considers Nanjing Securities Co to be Modestly Undervalued.
Key valuation signals for SHSE:601990:
Net Margin %: 40.92% (24% above median its 10-year median of 32.96)
GF Value™: ¥8.50 vs. price of ¥6.76 (20.5% below fair value)
Industry Position: 176.3% above the Capital Markets median (#176 of 776)
No single metric tells the full story. See the SHSE:601990 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nanjing Securities Co Ltd is a securities brokerage company. Its business scope covers securities brokerage, securities underwriting and sponsorship, securities self-employment, securities asset management, credit transactions, over-the-counter markets, financial derivatives, internet finance, and many other fields.
66GF Score
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