---
title: "Western Securities Co.,Ltd. (002673.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002673.SZ.md"
symbol: "002673.SZ"
name: "Western Securities Co.,Ltd."
industry: "Investment Banking and Brokerage"
datetime: "2026-05-21T09:22:20.128Z"
locales:
  - [en](https://longbridge.com/en/quote/002673.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002673.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002673.SZ.md)
---

# Western Securities Co.,Ltd. (002673.SZ)

## Company Overview

Western Securities Co.,Ltd. engages in brokerage, proprietary, investment banking, asset management, and credit trading businesses in China. It provides securities brokerage; securities investment; alternative securities investment; securities sponsorship, underwriting, and consulting; margin trading and repurchase transaction financing; entrusted asset management; private asset management; fund management; research and consulting; and bulk commodity trading services. The company also engages in fixed income; and SME financing service business.

| Item | Detail |
|------|--------|
| Industry | Investment Banking and Brokerage |
| Exchange | CN Market |
| Website | [www.westsecu.com](https://www.westsecu.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: D
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-21T04:30:14.000Z

**Overall: D (0.61)**

**Industry**: Investment Banking and Brokerage

| Metric | Value |
|--------|-------|
| Industry Ranking | 48 / 54 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

**Multi Score**: D

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -2.37% |  |
| Net Profit YoY | 16.62% |  |
| P/B Ratio | 1.01 |  |
| Dividend Ratio | 1.45% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 30736216847.56 |  |
| Revenue | 6145738152.22 |  |

#### Multi Score Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 5.87% | C |
| Profit Margin | 28.37% | A |
| Gross Margin | 100.00% | A |
| Revenue YoY | -2.37% | D |
| Net Profit YoY | 16.62% | C |
| Total Assets YoY | 35.74% | A |
| Net Assets YoY | 10.78% | B |
| Cash Flow Margin | 131.80% | B |
| OCF YoY | -2.37% | D |
| Turnover | 0.05 | E |
| Gearing Ratio | 77.21% | E |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Western Securities Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-2.37%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "16.62%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.01",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "1.45%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "30736216847.56",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "6145738152.22",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "5.87%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "28.37%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "100.00%",
          "rating": "A"
        },
        {
          "name": "Revenue YoY",
          "value": "-2.37%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "16.62%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "35.74%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "10.78%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "131.80%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "-2.37%",
          "rating": "D"
        },
        {
          "name": "Turnover",
          "value": "0.05",
          "rating": "E"
        },
        {
          "name": "Gearing Ratio",
          "value": "77.21%",
          "rating": "E"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 17.63 | 28/54 | 24.88 | 19.34 | 18.37 |
| PB | 1.01 | 16/54 | 1.30 | 1.20 | 1.14 |
| PS (TTM) | 4.97 | 19/54 | 6.10 | 5.44 | 5.27 |
| Dividend Yield | 1.45% | 31/54 | 1.44% | 1.26% | 1.17% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | CITIC Securities Co., Ltd. (600030.SH) | A | A | E | E | A | C |
| 02 | Guotai Haitong (601211.SH) | B | A | E | E | A | C |
| 03 | CSC (601066.SH) | B | A | E | E | A | C |
| 04 | HTSC (601688.SH) | B | B | E | E | B | C |
| 05 | CICC (601995.SH) | B | A | E | E | A | C |

## Institutional View

### Analyst Rating Distribution

> As of 2025-11-26T16:00:00.000Z

Total Analysts: **1**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Hold | 1 | 100% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 6.84 |
| Highest Target | 8.80 |
| Lowest Target | 8.80 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/002673.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/002673.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/002673.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/002673.SZ/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**