CSC Financial Co., Ltd. Class H (6066) AI Stock Analysis

• Market Cap: HK$184.24B
• Dividend Yield: 2.59%
• Average Volume (3M): 9.56M
• Price to Earnings (P/E): 12.3
• Beta (1Y): 2.05
• Revenue Growth: 23.96%
• EPS Growth: 32.69%
• Country: HK
• Employees: 13,045
• Sector: Financial
• Sector Strength: 78
• Industry: Financial - Capital Markets
• EPS (TTM): 1.09
• Shares Outstanding: 1,261,023,800
• 10 Day Avg. Volume: 16,609,835
• 30 Day Avg. Volume: 9,560,307
• PEG Ratio: -0.20
• Price to Book (P/B): 0.50
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 1.19
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 73 Outperform
• Price Target: HK$12.50 ▲(18.37%Upside)

The overall stock score is primarily influenced by strong technical analysis indicating bullish momentum, supported by solid financial performance. Valuation suggests a fair pricing relative to the market, with the potential for stable returns. However, absence of earnings call insights and corporate events data limits further qualitative analysis.

CSC Financial Co., Ltd. Class H Business Overview & Revenue Model

Company Description

CSC Financial Co., Ltd., together with its subsidiaries, provides investment banking services in Mainland China and internationally. The company operates through four segments: Investment Banking, Wealth Management, Trading and Institutional Client Services, and Asset Management. The Investment Banking segment offers financial advisory, sponsoring, and equity and debt securities underwriting services. The Wealth Management segment provides brokerage agency services for corporate and personal clients in the trading of equity stocks, funds, bonds, and futures, as well as margin financing and securities lending services. The Trading and Institutional Client Services segment trades in financial products; and offers brokerage agency services for financial institutions in the trading of equity stocks, funds, and bonds, as well as margin financing and securities lending services. This segment also provides services in relation to the sale of financial products to institutional clients, and specialized research and advisory services. The Asset Management segment develops asset management and fund management products, as well as offers private placement offerings and related services. The company was formerly known as China Securities Finance Co., Ltd. CSC Financial Co., Ltd. was founded in 2005 and is based in Beijing, China.

How the Company Makes Money

CSC Financial Co., Ltd. generates revenue through multiple streams inherent to its diverse service offerings. Its primary revenue comes from its investment banking division, which includes underwriting services for equity and debt offerings, as well as advisory fees from mergers and acquisitions. The company also earns substantial income from its wealth management services, which involve asset management fees and commissions from retail and institutional clients. Additionally, CSC Financial participates in trading activities, including equities, fixed income, currencies, and commodities, earning profits from trading gains and market-making activities. Strategic partnerships and collaborations with other financial institutions and corporations further enhance its revenue potential. The company's performance is influenced by factors such as market conditions, regulatory environments, and economic trends.

CSC Financial Co., Ltd. Class H Financial Statement Overview

Summary

CSC Financial Co. demonstrates robust profitability and a strong balance sheet, with consistent income and efficient capital management. While revenue growth is moderate, the company maintains good profit margins and manages its debt effectively. Cash flow improvements are evident, though continued focus on cash management will strengthen financial resilience.

Income Statement

The company shows a strong gross profit margin, indicating efficient management of production costs and operational efficiency. The net profit margin remains stable with slight growth, reflecting effective cost management beyond gross profit. However, the revenue growth rate is moderate, suggesting room for improvement in market expansion or product offerings. The EBIT and EBITDA margins are healthy, showcasing consistent profitability before interest and taxes.

Balance Sheet

The balance sheet reveals a solid equity base with a reasonable debt-to-equity ratio, indicating manageable leverage. Return on equity is positive, suggesting effective use of shareholders' investments to generate profits. The equity ratio shows a healthy proportion of equity financing, providing a cushion against market fluctuations. However, the increase in total liabilities warrants attention to ensure long-term financial stability.

Cash Flow

The cash flow statement highlights a recovery in free cash flow, with a significant improvement from the previous year's negative figures. Operating cash flow to net income ratio is positive, indicating that the company effectively converts earnings into cash. However, the free cash flow to net income ratio suggests the need for further improvement in cash flow management to enhance liquidity and reduce financing dependency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	20.48B	30.85B	28.02B	27.55B	29.87B	23.34B
Gross Profit	11.63B	21.02B	17.22B	23.38B	25.91B	20.32B
EBITDA	-1.80B	17.84B	17.91B	17.63B	13.72B	12.69B
Net Income	5.58B	7.22B	7.03B	7.52B	10.24B	9.51B
Balance Sheet
Total Assets	525.11B	566.42B	522.75B	509.96B	452.79B	371.23B
Cash, Cash Equivalents and Short-Term Investments	336.12B	327.88B	36.62B	206.60B	192.33B	154.10B
Total Debt	140.46B	168.50B	142.52B	133.18B	133.92B	118.26B
Total Liabilities	422.45B	459.90B	425.23B	416.67B	372.79B	303.16B
Stockholders Equity	102.62B	106.47B	97.48B	93.24B	79.82B	67.74B
Cash Flow
Free Cash Flow	9.96B	526.03M	-11.20B	39.44B	10.50B	―
Operating Cash Flow	10.82B	1.06B	-10.13B	39.99B	11.12B	―
Investing Cash Flow	-19.17B	-13.32B	-2.65B	―	1.80B	―
Financing Cash Flow	8.11B	22.63B	10.84B	134.81M	12.51B	30.82B

CSC Financial Co., Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 10.56
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6066, the sentiment is Positive. The current price of 10.56 is above the 20-day moving average (MA) of 9.78, above the 50-day MA of 9.29, and above the 200-day MA of 9.44, indicating a bullish trend. The MACD of 0.32 indicates Negative momentum. The RSI at 62.38 is Neutral, neither overbought nor oversold. The STOCH value of 77.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:6066.

CSC Financial Co., Ltd. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6066	73 Outperform	HK$184.24B	12.27	10.44%	2.59%	23.96%	32.69%
Sector *	67 Neutral	$16.67B	11.44	9.71%	3.91%	11.61%	-9.60%
CIIHF		$54.29B	―	8.44%	4.45%	―	―
CNICF		$18.78B	6.87	5.84%	1.97%	―	―
HUATF		$21.62B	7.53	9.25%	38.63%	―	―
195H		€17.67B	10.55	8.73%	2.99%	―	―
2611	72 Outperform	HK$340.12B	8.44	8.14%	4.80%	7.73%	38.15%

CSC Financial Co., Ltd. Class H Corporate Events

CSC Financial Co., Ltd. Announces AGM Results and Profit Distribution Plan

CSC Financial Co., Ltd. held its 2024 Annual General Meeting (AGM) on June 27, 2025, where shareholders voted on various resolutions, including those related to daily related party transactions for 2025. The meeting saw participation from shareholders holding approximately 71.91% of the company’s voting shares. Notably, Beijing Financial Holdings Group Limited, a significant shareholder, was required to abstain from voting on certain resolutions due to conflicts of interest, affecting the total number of shares eligible for voting on those resolutions.

CSC Financial Announces Final Dividend for 2024

CSC Financial Co., Ltd. has announced a final cash dividend for the year ended December 31, 2024, amounting to RMB 1.65 per 10 shares, payable in Hong Kong dollars at HKD 1.81 per 10 shares. The announcement includes details on the exchange rate and withholding tax implications for non-resident shareholders, indicating a structured approach to shareholder returns and compliance with international tax treaties.

CSC Financial Announces Board Changes with New Director Nomination

CSC Financial Co., Ltd. announced the resignation of Mr. Liu Yanming as a Non-executive Director and member of the Development Strategy Committee due to work arrangements. The company has nominated Mr. Wang Guanglong as a candidate for the Non-executive Director position. Mr. Wang, currently holding significant roles in Beijing Financial Holdings Group Limited, will assume office following approval at the general meeting. This transition is not expected to affect the board’s quorum, and Mr. Liu’s departure is amicable, with no disagreements with the board.

CSC Financial Co., Ltd. Updates Final Dividend Details for 2024

CSC Financial Co., Ltd. has announced an update regarding its final cash dividend for the year ending December 31, 2024. The company, which operates in the financial sector, has declared a dividend of RMB 1.65 per 10 shares, with the payment date set for August 21, 2025. Key dates include the ex-dividend date on July 3, 2025, and the record date on July 10, 2025. The announcement also details the withholding tax rates applicable to different categories of non-resident shareholders, reflecting the company’s compliance with international tax treaties.

CSC Financial Co., Ltd. Announces 2024 AGM to Approve Key Resolutions

CSC Financial Co., Ltd. has announced its 2024 Annual General Meeting (AGM) scheduled for June 27, 2025, in Beijing. The AGM will address several key resolutions, including the approval of the 2024 work reports, financial accounts, profit distribution plan, and related party transactions for 2025. The outcomes of these resolutions are crucial for the company’s operational strategies and financial planning, potentially impacting its market positioning and stakeholder relations.

CSC Financial Co., Ltd. Reports Strong Q1 2025 Financial Results

CSC Financial Co., Ltd. reported its unaudited financial results for the first quarter of 2025, recording an operating revenue of RMB4.92 billion and a net profit attributable to equity holders of RMB1.84 billion. The results were prepared in accordance with PRC GAAP and are consistent with announcements made on the Shanghai Stock Exchange, reflecting the company’s strong financial performance and adherence to regulatory disclosure requirements.

CSC Financial Schedules Board Meeting to Review Q1 Results

CSC Financial Co., Ltd. has announced that its board of directors will hold a meeting on April 29, 2025, to consider and approve the company’s first quarterly results for the period ending March 31, 2025. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting stakeholders and the company’s market positioning.

CSC Financial Projects 50% Profit Surge in Q1 2025

CSC Financial Co., Ltd. has announced an estimated net profit of approximately RMB1,843 million for the first quarter of 2025, marking a significant year-on-year increase of about 50%. This growth is primarily driven by substantial revenue increases in its brokerage and proprietary trading businesses, alongside strategic efforts to enhance international operations and improve cost efficiency.