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

• Market Cap: HK$201.75B
• Dividend Yield: 2.06%
• Average Volume (3M): 9.74M
• Price to Earnings (P/E): 12.0
• Beta (1Y): 2.17
• Revenue Growth: 20.62%
• EPS Growth: 58.53%
• Country: HK
• Employees: 13,045
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 0.57
• Shares Outstanding: 1,261,023,800
• 10 Day Avg. Volume: 8,732,896
• 30 Day Avg. Volume: 9,742,340
• PEG Ratio: 7.73
• Price to Book (P/B): 0.67
• Price to Sales (P/S): 2.32
• P/FCF Ratio: 136.00
• 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: HK$15.04
• Price Target Upside: 14.22% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 67 Neutral
• Price Target: HK$15.00 ▲(13.90% Upside)

CSC Financial Co. scores well due to its strong financial performance, characterized by robust profitability and a solid balance sheet. Technical analysis indicates a neutral market position, while valuation metrics suggest the stock is reasonably priced with a modest dividend yield. The absence of earnings call data and corporate events does not impact the overall assessment.

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 generates revenue through several key streams, including fees from investment banking services such as underwriting and advisory for mergers and acquisitions, management fees from its asset management division, and commissions from securities trading activities. The company's revenue model is also supported by interest income from its lending operations and returns on investments made through proprietary trading. Significant partnerships with institutional investors and strategic alliances in the financial sector further enhance its earning potential, allowing for a broader range of services and access to new markets.

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	22.10B	30.85B	28.02B	29.06B	37.50B	29.75B
Gross Profit	22.10B	21.02B	17.22B	29.06B	21.20B	20.51B
EBITDA	0.00	17.84B	17.91B	17.63B	21.00B	18.54B
Net Income	8.87B	7.22B	7.03B	7.52B	10.24B	9.51B
Balance Sheet
Total Assets	612.36B	566.42B	522.75B	509.96B	452.79B	371.23B
Cash, Cash Equivalents and Short-Term Investments	337.78B	327.88B	28.99B	206.60B	256.58B	154.10B
Total Debt	163.81B	168.50B	142.52B	62.21B	125.39B	109.22B
Total Liabilities	502.52B	459.90B	425.23B	416.67B	372.79B	303.16B
Stockholders Equity	109.80B	106.47B	97.48B	93.24B	79.82B	67.74B
Cash Flow
Free Cash Flow	91.11B	526.03M	-11.20B	39.44B	10.50B	-21.19B
Operating Cash Flow	91.65B	1.06B	-10.13B	39.99B	11.12B	-20.76B
Investing Cash Flow	-50.00B	-13.32B	-2.65B	-21.24B	1.80B	-11.41B
Financing Cash Flow	15.39B	22.63B	10.84B	134.81M	12.51B	30.82B

CSC Financial Co., Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 13.17
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 Neutral. The current price of 13.17 is below the 20-day moving average (MA) of 13.47, below the 50-day MA of 13.80, and above the 200-day MA of 10.82, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 44.96 is Neutral, neither overbought nor oversold. The STOCH value of 52.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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
2611	72 Outperform	HK$339.01B	7.06	9.99%	3.12%	52.67%	121.43%
6099	71 Outperform	€157.04B	12.09	9.41%	3.53%	51.04%	24.56%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
6066	67 Neutral	HK$201.75B	12.02	11.96%	2.06%	20.62%	58.53%
6030	67 Neutral	$463.05B	17.07	9.42%	1.91%	62.72%	29.18%
3908	67 Neutral	$158.41B	11.87	6.94%	0.95%	4.69%	61.01%
6886	64 Neutral	$205.08B	9.90	10.50%	2.84%	10.82%	55.25%

CSC Financial Co., Ltd. Class H Corporate Events

CSC Financial Announces 2025 EGM for Director Elections

CSC Financial Co., Ltd. has announced the convening of its 2025 Third Extraordinary General Meeting (EGM) scheduled for August 29, 2025, in Beijing. The meeting will address the election of non-executive directors, specifically Mr. Zhu Yong and Mr. Wang Guanglong. This meeting is significant for the company’s governance structure, potentially impacting its strategic direction and stakeholder interests.

CSC Financial Announces Board Meeting to Review Interim Results

CSC Financial Co., Ltd. has announced that its board of directors will meet on August 28, 2025, to review and approve the interim financial results for the first half of the year ending June 30, 2025. This meeting is significant as it will provide insights into the company’s financial health and operational performance, potentially impacting investor confidence and market positioning.

CSC Financial Co., Ltd. Announces Board Changes and Strategic Appointments

CSC Financial Co., Ltd. announced the nomination of Mr. Zhu Yong as a Non-executive Director, pending approval at the general meeting. Mr. Zhu, who has a strong background in economics and extensive experience in financial oversight roles, is also set to be elected as Vice Chairman of the Board. Additionally, adjustments were made to the membership of the company’s special committees, with Mr. Zhu joining the Development Strategy and Audit Committees, reflecting a strategic move to strengthen the company’s governance and strategic planning capabilities.

CSC Financial Projects Significant Profit Growth for H1 2025

CSC Financial Co., Ltd. has announced an estimated net profit increase for the first half of 2025, with figures expected to rise between 55% and 60% compared to the previous year. This growth is attributed to significant revenue increases in proprietary trading, brokerage, and investment banking, alongside strategic cost reductions and efficiency improvements.

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.