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Bright Smart Securities & Commodities Group Limited
(1428)
Bright Smart Securities & Commodities Group Limited (1428) vs. iShares MSCI Hong Kong ETF (EWH)
Bright Smart Securities & Commodities Group Limited Business Overview & Revenue Model
Bright Smart Securities & Commodities Group Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 972.32M | 972.32M | 981.18M | 1.20B | 1.27B | 1.55B |
| Gross Profit | 855.28M | 855.28M | 840.50M | 1.03B | 1.08B | 1.33B |
| EBITDA | 949.83M | 950.17M | -4.84M | 878.76M | 857.17M | 1.14B |
| Net Income | 617.63M | 617.63M | 558.84M | 620.60M | 561.50M | 703.90M |
Balance Sheet | ||||||
| Total Assets | 7.69B | 7.69B | 7.08B | 7.73B | 9.77B | 15.86B |
| Cash, Cash Equivalents and Short-Term Investments | 478.05M | 478.05M | 441.27M | 571.49M | 574.29M | 496.86M |
| Total Debt | 4.42B | 4.42B | 3.87B | 4.47B | 5.27B | 11.50B |
| Total Liabilities | 6.19B | 6.19B | 5.63B | 5.99B | 7.30B | 13.73B |
| Stockholders Equity | 1.50B | 1.50B | 1.44B | 1.73B | 2.47B | 2.13B |
Cash Flow | ||||||
| Free Cash Flow | -165.57M | -165.57M | 1.40B | 2.17B | 6.65B | -7.90B |
| Operating Cash Flow | -159.20M | -159.20M | 1.41B | 2.19B | 6.66B | -7.88B |
| Investing Cash Flow | 86.22M | 420.65M | 337.82M | -32.29M | -14.09M | -36.46M |
| Financing Cash Flow | -19.64M | -229.75M | -1.80B | -2.16B | -6.56B | 7.83B |
Bright Smart Securities & Commodities Group Limited Technical Analysis
Bright Smart Securities & Commodities Group Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | HK$4.95B | 11.98 | 4.33% | ― | 58.09% | ― | |
55 Neutral | HK$19.72B | 20.02 | 3.28% | 1.25% | -36.99% | 181.79% | |
54 Neutral | HK$14.77B | 23.37 | 43.44% | 4.01% | 11.40% | 11.52% | |
53 Neutral | HK$26.54B | 36.36 | 4.78% | 2.75% | 32.03% | 154.14% | |
53 Neutral | HK$2.29B | -35.31 | -2.44% | ― | -45.13% | 60.10% | |
39 Underperform | HK$1.22B | -1.16 | ― | ― | -78.40% | -196.19% |
Bright Smart Securities & Commodities Group Limited Corporate Events
Bright Smart Securities & Commodities Group Limited has renewed key office tenancies through its subsidiary Ideal Magic Limited, which on 31 December 2025 entered into amendment agreements with landlord entities wholly owned by chairman and controlling shareholder Mr. Yip to extend leases on its premises for a further two years from April 2026. Under accounting rules, the renewed leases will be recognised as right-of-use assets on the group’s balance sheet and treated as asset acquisitions, and because the landlords are connected parties, the transactions fall under Hong Kong’s connected transaction regime; however, given the relatively small size of the estimated right-of-use asset, the deals require disclosure and announcement but are exempt from circular and independent shareholders’ approval, signalling routine renewal of strategic office space with limited regulatory and financial impact.
The most recent analyst rating on (HK:1428) stock is a Hold with a HK$9.00 price target. To see the full list of analyst forecasts on Bright Smart Securities & Commodities Group Limited stock, see the HK:1428 Stock Forecast page.
Bright Smart Securities & Commodities Group Limited and Wealthiness and Prosperity Holding Limited have issued a joint update on the proposed unconditional mandatory cash offer for all Bright Smart shares not already held by the offeror and its concert parties, confirming that only two of the specified completion conditions have been met so far and key conditions, including regulatory clearances, remain outstanding. As a result, the dispatch of the composite offer document has been further delayed, with regulatory consent obtained to extend the latest mailing date to the earlier of seven days after completion or 20 April 2026, underscoring continued uncertainty for shareholders over whether the transaction will complete and the offer proceed, and highlighting that investors should closely monitor subsequent announcements before making any decision on tendering their shares.
The most recent analyst rating on (HK:1428) stock is a Hold with a HK$9.00 price target. To see the full list of analyst forecasts on Bright Smart Securities & Commodities Group Limited stock, see the HK:1428 Stock Forecast page.
Bright Smart Securities & Commodities Group Limited announced a voluntary donation of HK$10 million to support the residents of Wang Fuk Court, Tai Po, following a tragic fire incident. This contribution, aimed at aiding reconstruction and providing economic and emotional support to affected families, underscores the company’s commitment to community support and corporate social responsibility.
The most recent analyst rating on (HK:1428) stock is a Hold with a HK$9.00 price target. To see the full list of analyst forecasts on Bright Smart Securities & Commodities Group Limited stock, see the HK:1428 Stock Forecast page.
Bright Smart Securities & Commodities Group Limited announced its unaudited interim results for the six months ending September 30, 2025, reporting a revenue increase to HK$496.9 million from HK$448.8 million in the previous year. Despite a decline in other net gains and increased operating expenses, the company achieved a profit of HK$326.9 million, up from HK$312 million, indicating strong operational performance and resilience in the financial market.
The most recent analyst rating on (HK:1428) stock is a Hold with a HK$9.00 price target. To see the full list of analyst forecasts on Bright Smart Securities & Commodities Group Limited stock, see the HK:1428 Stock Forecast page.
Bright Smart Securities & Commodities Group Limited, incorporated in the Cayman Islands, is involved in a joint announcement regarding a possible unconditional mandatory cash offer by Morgan Stanley Asia Limited on behalf of Wealthiness and Prosperity Holding Limited. The announcement details the extension of the Long Stop Date for the completion of the share purchase agreement due to timing considerations related to reporting procedures and holiday periods. The Long Stop Date has been extended to 25 March 2026, with an increased deposit amount to facilitate the extension, reflecting ongoing adjustments to meet completion conditions.
The most recent analyst rating on (HK:1428) stock is a Hold with a HK$9.00 price target. To see the full list of analyst forecasts on Bright Smart Securities & Commodities Group Limited stock, see the HK:1428 Stock Forecast page.
Bright Smart Securities & Commodities Group Limited has announced a board meeting scheduled for November 26, 2025, to discuss and approve the interim results for the six months ending September 30, 2025. The meeting will also consider the potential payment of an interim dividend, which could impact shareholder returns and reflect the company’s financial health.
The most recent analyst rating on (HK:1428) stock is a Hold with a HK$9.00 price target. To see the full list of analyst forecasts on Bright Smart Securities & Commodities Group Limited stock, see the HK:1428 Stock Forecast page.
Bright Smart Securities & Commodities Group Limited, incorporated in the Cayman Islands, is involved in a potential acquisition scenario where Morgan Stanley Asia Limited, on behalf of Wealthiness and Prosperity Holding Limited, is making an unconditional mandatory cash offer for all issued shares of the company not already owned by the offeror. The announcement provides an update on the status of the completion conditions required for the offer to proceed. As of now, only one of the completion conditions has been satisfied, and with the Long Stop Date approaching, there is uncertainty about whether the remaining conditions will be met in time. The offeror is considering extending the Long Stop Date, and further updates will be provided as necessary.
The most recent analyst rating on (HK:1428) stock is a Hold with a HK$9.00 price target. To see the full list of analyst forecasts on Bright Smart Securities & Commodities Group Limited stock, see the HK:1428 Stock Forecast page.
Bright Smart Securities & Commodities Group Limited has issued a supplemental announcement regarding the remuneration of its former chief executive officers, Mr. Ng Kim Wah and Mr. Leong Yean-Shen, Jimmy. The announcement details their compensation for the fiscal years ending March 2012 and March 2013, noting significant increases in their remuneration. This update is intended to provide additional transparency to shareholders and potential investors, emphasizing the importance of cautious engagement with the company’s shares.
The most recent analyst rating on (HK:1428) stock is a Hold with a HK$10.00 price target. To see the full list of analyst forecasts on Bright Smart Securities & Commodities Group Limited stock, see the HK:1428 Stock Forecast page.
Bright Smart Securities & Commodities Group Limited has announced an update regarding the possible unconditional mandatory cash offer by Morgan Stanley Asia Limited on behalf of Wealthiness and Prosperity Holding Limited. The offer is contingent upon the satisfaction of certain completion conditions, including regulatory approvals. The company has received approval from the SFC for the Offeror to become a substantial shareholder, but other conditions remain pending. The outcome of this offer could significantly impact the company’s shareholder structure and market positioning.
The most recent analyst rating on (HK:1428) stock is a Hold with a HK$11.50 price target. To see the full list of analyst forecasts on Bright Smart Securities & Commodities Group Limited stock, see the HK:1428 Stock Forecast page.