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China Merchants Securities Co., Ltd. Class H (HK:6099)
:6099

China Merchants Securities Co., Ltd. Class H (6099) AI Stock Analysis

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China Merchants Securities Co., Ltd. Class H

(Frankfurt:6099)

71Outperform
China Merchants Securities Co., Ltd. Class H demonstrates strong financial performance with significant revenue and cash flow growth and a solid balance sheet. However, technical indicators suggest short-term bearish momentum. Valuation metrics show potential undervaluation, with a reasonable P/E ratio and an attractive dividend yield. The absence of notable earnings call data or corporate events means these factors do not influence the score.

China Merchants Securities Co., Ltd. Class H (6099) vs. S&P 500 (SPY)

China Merchants Securities Co., Ltd. Class H Business Overview & Revenue Model

Company DescriptionChina Merchants Securities Co., Ltd. Class H (6099) is a prominent financial services company headquartered in China. It operates in the securities industry, offering a wide range of financial products and services. These include securities brokerage, investment banking, asset management, and wealth management services. The company is known for its comprehensive financial solutions aimed at both institutional and retail clients, leveraging its extensive expertise and robust network in the financial markets.
How the Company Makes MoneyChina Merchants Securities Co., Ltd. generates its revenue through several key streams. The primary source of income is its securities brokerage services, where the company earns commissions and fees from facilitating the buying and selling of securities for its clients. Additionally, the company's investment banking segment provides advisory services for mergers and acquisitions, underwriting, and other corporate finance activities, generating significant fees. The asset management division contributes to revenue by managing investment funds and portfolios, earning management and performance fees. Wealth management services also play a crucial role, offering tailored financial solutions to high-net-worth clients and generating advisory fees. The company's strategic partnerships with other financial institutions and its strong market position in China's financial sector further enhance its revenue-generating capabilities.

China Merchants Securities Co., Ltd. Class H Financial Statement Overview

Summary
China Merchants Securities Co., Ltd. Class H exhibits robust financial health with significant revenue and cash flow growth. The balance sheet is strong, with no debt and increased equity. While the income statement shows positive trends, the absence of detailed EBIT and EBITDA limits deeper profitability analysis.
Income Statement
78
Positive
The company demonstrates strong revenue growth, with a year-over-year increase from 2023 to 2024. The gross profit margin remains stable due to consistently high gross profits. However, the lack of EBIT and EBITDA data limits comprehensive margin analysis.
Balance Sheet
85
Very Positive
The balance sheet reflects strong equity growth and a solid equity ratio, suggesting financial stability. The absence of debt in 2024 indicates reduced financial risk and improved liquidity. Return on equity is strong, boosting the overall analysis.
Cash Flow
90
Very Positive
The company shows substantial growth in operating and free cash flows, with a significant increase in free cash flow from 2023 to 2024. The cash flow to net income ratios indicate efficient cash management and profitability.
Breakdown
TTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
19.80B19.40B18.28B17.56B27.83B23.24B
Gross Profit
19.80B19.40B18.28B17.56B27.83B23.24B
EBIT
-4.26B9.63B17.85B13.69B11.30B
EBITDA
0.000.00
Net Income Common Stockholders
10.54B10.39B8.76B8.07B11.65B9.49B
Balance SheetCash, Cash Equivalents and Short-Term Investments
244.33B286.24B244.33B230.94B225.64B196.19B
Total Assets
695.85B721.16B695.85B611.66B597.22B499.73B
Total Debt
215.43B0.00215.43B183.59B187.54B145.42B
Net Debt
-28.90B-28.90B-47.34B-38.10B-50.77B
Total Liabilities
573.82B590.91B573.82B496.42B484.63B393.90B
Stockholders Equity
121.96B130.18B121.96B115.16B112.50B105.74B
Cash FlowFree Cash Flow
69.51B53.96B26.50B61.94B
Operating Cash Flow
69.76B54.73B27.10B62.50B
Investing Cash Flow
15.54B13.81B2.52B
Financing Cash Flow
43.26B7.70B35.72B37.32B

China Merchants Securities Co., Ltd. Class H Technical Analysis

Technical Analysis Sentiment
Negative
Last Price12.06
Price Trends
50DMA
13.45
Negative
100DMA
14.24
Negative
200DMA
12.15
Negative
Market Momentum
MACD
-0.35
Negative
RSI
41.09
Neutral
STOCH
30.98
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6099, the sentiment is Negative. The current price of 12.06 is above the 20-day moving average (MA) of 12.04, below the 50-day MA of 13.45, and below the 200-day MA of 12.15, indicating a neutral trend. The MACD of -0.35 indicates Negative momentum. The RSI at 41.09 is Neutral, neither overbought nor oversold. The STOCH value of 30.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6099.

China Merchants Securities Co., Ltd. Class H Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
$382.44B13.088.44%3.85%17.45%8.24%
72
Outperform
HK$300.37B7.218.14%5.58%7.73%38.15%
71
Outperform
HK$147.22B9.868.73%3.42%-2.52%17.25%
67
Neutral
$130.95B9.325.84%2.95%-9.55%24.91%
64
Neutral
€174.63B10.3810.44%4.49%23.96%32.69%
64
Neutral
$12.60B9.737.92%16985.68%12.21%-5.55%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:6099
China Merchants Securities Co., Ltd. Class H
12.06
5.50
83.90%
HK:2611
Guotai Junan Securities Co., Ltd. Class H
10.82
2.44
29.12%
HK:6030
CITIC Securities Co
19.44
6.83
54.20%
HK:3908
China International Capital
14.08
3.39
31.66%
HK:6066
CSC Financial Co., Ltd. Class H
8.93
2.64
42.02%

China Merchants Securities Co., Ltd. Class H Corporate Events

China Merchants Securities Unveils 2024 Value Enhancement Plan
Apr 28, 2025

China Merchants Securities Co., Ltd. has released its 2024 Corporate Value and Return Enhancement Action Plan, aiming to strengthen core businesses and enhance shareholder returns. The company reported a 5.40% increase in operating income and an 18.51% rise in net profit for 2024, reflecting successful strategic initiatives and cost control. The firm also implemented two dividend distributions in 2024, with plans to continue rewarding shareholders in 2025, aligning with its long-term sustainable development goals.

China Merchants Securities Releases Q1 2025 Financial Report
Apr 28, 2025

China Merchants Securities Co., Ltd. has released its first quarterly report for 2025, covering the period ending March 31, 2025. The report, prepared in accordance with China Accounting Standards for Business Enterprises, remains unaudited. The company’s board of directors assures the authenticity, accuracy, and completeness of the information provided, emphasizing their commitment to transparency and accountability. This announcement reflects the company’s ongoing efforts to maintain clear communication with its stakeholders and uphold its market position.

China Merchants Securities Enhances Governance with New Committee Appointment
Apr 21, 2025

China Merchants Securities Co., Ltd. has announced the appointment of Ms. LUO Li as a member of its Risk Management Committee and Audit Committee, effective April 18, 2025. This change in the committee composition reflects the company’s ongoing efforts to strengthen its governance and oversight capabilities, potentially enhancing its operational effectiveness and stakeholder confidence.

China Merchants Securities Announces Board Composition and Roles
Apr 21, 2025

China Merchants Securities Co., Ltd. has announced the composition of its board of directors, highlighting the roles and functions of each member. This announcement outlines the structure of the company’s governance, which includes executive, non-executive, and independent non-executive directors, as well as their involvement in various board committees. This restructuring is likely to impact the company’s strategic direction and risk management, potentially influencing its market positioning and stakeholder relations.

China Merchants Securities to Review Q1 2025 Financial Results
Apr 14, 2025

China Merchants Securities Co., Ltd. has announced that its board of directors will meet on April 28, 2025, to review and approve the unaudited 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 its market position and stakeholder interests.

China Merchants Securities Announces EGM Results and New Appointments
Apr 7, 2025

China Merchants Securities Co., Ltd. announced the results of its 2025 first extraordinary general meeting (EGM) held on April 7, 2025, where key resolutions were voted upon. The meeting, which was attended by significant shareholders and company representatives, resulted in the appointment of a new non-executive director and a shareholders’ representative supervisor. The EGM’s procedures and voting were conducted in compliance with relevant Chinese laws and regulations, ensuring the legality and validity of the poll results. The announcement underscores the company’s commitment to maintaining robust governance practices and may influence its strategic direction and stakeholder relations.

China Merchants Securities Announces Board Composition and Roles
Apr 7, 2025

China Merchants Securities Co., Ltd. has announced the composition of its board of directors and their roles within the company. The announcement outlines the members of the board, which includes executive, non-executive, and independent non-executive directors, and details their participation in various board committees. This update is crucial for stakeholders as it highlights the company’s governance structure and the leadership’s strategic roles, potentially impacting the company’s strategic direction and operational oversight.

China Merchants Securities Announces 2024 Annual Results
Mar 27, 2025

China Merchants Securities Co., Ltd. has announced its audited results for the year ended December 31, 2024, which have been reviewed by the audit committee. The results will be published on the company’s website and the Stock Exchange of Hong Kong’s website, with printed versions available upon request. This announcement aligns with the listing rules of the Hong Kong Stock Exchange, ensuring transparency and compliance. The publication of these results is significant for stakeholders as it reflects the company’s financial health and operational performance over the past year.

China Merchants Securities Announces Final Dividend for 2024
Mar 27, 2025

China Merchants Securities Co., Ltd. has announced a final cash dividend of RMB 3.77 per 10 shares for the financial year ending December 31, 2024. The payment date is set for August 30, 2025, with specific details regarding the exchange rate, ex-dividend date, and record date yet to be announced. The announcement outlines the withholding tax implications for different categories of shareholders, highlighting preferential tax treatments available under various international agreements. This dividend declaration reflects the company’s commitment to returning value to its shareholders and may influence investor sentiment positively.

China Merchants Securities Announces H Shares Register Closure for Upcoming EGM
Mar 18, 2025

China Merchants Securities Co., Ltd. has announced the closure of its register of members of H Shares from April 1 to April 7, 2025, to determine eligibility for attending and voting at its extraordinary general meeting (EGM) scheduled for April 7, 2025. This move is part of the company’s preparations for the EGM, which will address significant matters such as continuing connected transactions, the appointment of a non-executive director, and a shareholders’ representative supervisor. The announcement reflects the company’s ongoing efforts to ensure compliance with regulatory requirements and effective governance.

China Merchants Securities Announces 2025 EGM to Discuss Key Resolutions
Mar 18, 2025

China Merchants Securities Co., Ltd. has announced the convening of its 2025 first extraordinary general meeting to be held on April 7, 2025. The meeting will address resolutions concerning the renewal of connected transactions with China Merchants Group Limited and China COSCO Shipping Corporation Limited, as well as the appointment of Ms. LUO Liasa as a non-executive director and Mr. HUANG Zheng as a shareholders’ representative supervisor. These resolutions are significant as they aim to strengthen the company’s strategic partnerships and governance structure, potentially impacting its market positioning and stakeholder relations.

China Merchants Securities Proposes New Non-Executive Director Appointment
Mar 17, 2025

China Merchants Securities Co., Ltd. has announced the proposed appointment of Ms. Luo Li as a non-executive director, subject to shareholder approval. This strategic move is part of the company’s efforts to enhance its board’s diversity and expertise, potentially strengthening its governance and market position.

Leadership Changes Announced at China Merchants Securities
Mar 13, 2025

China Merchants Securities Co., Ltd. announced the resignation of two key figures: Mr. LIU Weiwu, a non-executive director and member of the Risk Management and Audit Committees, due to retirement, and Mr. MA Yunchun, a shareholders’ representative supervisor, due to a change in work arrangements. Both resignations will take effect once replacements are approved at the Shareholders’ General Meeting. The company assures that these changes will not impact its operations and expresses gratitude for the contributions of both individuals.

China Merchants Securities Schedules Board Meeting for Annual Results Review
Mar 13, 2025

China Merchants Securities Co., Ltd. has announced that its board of directors will meet on March 27, 2025, to review and approve the company’s annual financial results for the year ending December 31, 2024. The meeting will also consider the recommendation for a final dividend payment, reflecting the company’s ongoing commitment to shareholder returns.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.