Handelsavisen
prelaunch
Companies Financials 600621.SS
60
600621.SS Shanghai Stock Exchange Investment Banking & Brokerage Services

Shanghai Chinafortune Co Ltd

¥14,00
Open in Charts → Attach watcher ⌖
CNY
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
P/E
EV / Rev
Div yield
0,83 %
Op margin
26,0 %
ROE
6,9 %
Net margin
19,6 %
Debt / equity
2,48
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Shanghai Chinafortune Co Ltd provides investment banking and brokerage services in China, generating revenue primarily through commissions, asset management fees, and interest income from its financial operations.

Business. Shanghai Chinafortune Co Ltd (600621.SS) is a financial services firm operating in the investment banking and brokerage services industry. The company is headquartered in Shanghai and is primarily listed on the Shanghai Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification92 %
SectorFinancials
Business sectorBanking & Investment Services
IndustryInvestment Banking & Brokerage Services
ActivityBanking & Investment Services
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
6,9 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 600621.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials · THIS SECTOR−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 600621.SS. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Shanghai Chinafortune Co Ltd (600621.SS) is a financial services firm operating in the investment banking and brokerage services industry. The company is headquartered in Shanghai and is primarily listed on the Shanghai Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorFinancials
    Business sectorBanking & Investment Services
    IndustryInvestment Banking & Brokerage Services
    ActivityBanking & Investment Services
    AI synthesis
    GENERATED

    Shanghai Chinafortune Co Ltd maintains a capital structure with a debt-to-equity ratio of 2.48, indicating a relatively high reliance on debt financing compared to equity. The company's liquidity position is assessed as medium, with only 17.77 million CNY in cash and equivalents, which is significantly lower than its long-term debt of 22.85 billion CNY. This suggests a potential liquidity risk if short-term obligations exceed available cash flow.

    In terms of profitability, the company's return on equity (ROE) is 6.91%, which is below the typical benchmark for financial institutions. Its return on assets (ROA) is 1.15%, also below the industry average for investment banks. These metrics suggest that the company is not generating strong returns relative to its asset base or equity, which could be a concern for investors.

    The company's revenue is concentrated in its core investment banking and brokerage services, with no disclosed geographic diversification. This lack of geographic spread increases the company's exposure to regional economic fluctuations and regulatory changes in China.

    Looking at growth, the company's revenue for the latest period was 3.25 billion CNY. While the company has a positive operating cash flow of 4.37 billion CNY, the free cash flow is only 324.66 million CNY, which is insufficient to cover capital expenditures of 105.47 million CNY. This suggests limited capacity for reinvestment or expansion.

    The company faces several risk factors, including a high debt-to-equity ratio and a negative net cash position after subtracting total debt. These factors could lead to increased financial stress if interest rates rise or if the company's revenue declines. The risk of dilution is assessed as low, with no significant dilution events reported in the latest financial data.

    Recent events include the company's latest financial filing, which disclosed the current financial position and risk factors. No major regulatory actions or significant business developments were reported in the latest available documents.

    Key takeaways
    • The company has a high debt-to-equity ratio of 2.48, indicating a significant reliance on debt financing.
    • Return on equity (ROE) is 6.91%, which is below the typical benchmark for financial institutions.
    • The company's liquidity position is medium, with limited cash and equivalents relative to its long-term debt.
    • Free cash flow is insufficient to cover capital expenditures, limiting the company's ability to reinvest or expand.
    • The company's revenue is concentrated in its core investment banking and brokerage services, with no geographic diversification.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥14,00
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    ¥9.20B
    Net cash
    -¥22.83B
    Current ratio
    Debt / equity
    2.5
    ROA
    1.1%
    ROE
    6.9%
    Cash conversion
    687.0%
    CapEx / revenue
    -3.2%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin26,1 %Above median
    Net Margin19,6 %Above median
    ROE6,9 %Above median
    Capex / Rev-3,2 %Below median
    D/E2,48Bottom quartile
    Cash Conv6,87Best in class

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Shanghai Chinafortune Co Ltd Market data — financials · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    600621.SSCanonical
    Shanghai Stock Exchange · CNY

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage