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China Merchants Securities Co., Ltd. Class H
(6099)
China Merchants Securities Co., Ltd. Class H (6099) vs. iShares MSCI Hong Kong ETF (EWH)
China Merchants Securities Co., Ltd. Class H Business Overview & Revenue Model
China Merchants Securities Co., Ltd. Class H Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 28.58B | 28.29B | 27.81B | 26.88B | 37.48B | 30.35B |
| Gross Profit | 20.35B | 19.40B | 18.28B | 17.56B | 27.83B | 23.24B |
| EBITDA | 11.94B | 11.91B | 9.88B | 9.07B | 14.23B | 11.79B |
| Net Income | 10.82B | 10.39B | 8.76B | 8.07B | 11.65B | 9.49B |
Balance Sheet | ||||||
| Total Assets | 672.86B | 721.16B | 695.85B | 611.68B | 597.22B | 499.73B |
| Cash, Cash Equivalents and Short-Term Investments | 262.34B | 286.24B | 244.33B | 230.94B | 225.64B | 196.19B |
| Total Debt | 165.42B | 196.54B | 215.43B | 183.59B | 187.54B | 145.42B |
| Total Liabilities | 541.39B | 590.91B | 573.82B | 496.42B | 484.63B | 393.90B |
| Stockholders Equity | 131.40B | 130.18B | 121.96B | 115.17B | 112.50B | 105.74B |
Cash Flow | ||||||
| Free Cash Flow | 32.35B | 53.96B | 26.50B | 61.94B | -41.61B | -10.18B |
| Operating Cash Flow | 33.06B | 54.73B | 27.10B | 62.50B | -41.19B | -9.81B |
| Investing Cash Flow | 9.98B | -14.26B | -24.09B | -19.13B | 13.81B | 2.52B |
| Financing Cash Flow | -9.24B | -10.36B | 7.70B | -21.01B | 35.72B | 37.32B |
China Merchants Securities Co., Ltd. Class H Technical Analysis
China Merchants Securities Co., Ltd. Class H Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | HK$228.12B | 9.76 | 10.50% | 2.92% | 10.82% | 55.25% | |
68 Neutral | HK$159.66B | 10.71 | 8.93% | 0.97% | 64.00% | 112.84% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | HK$162.40B | 12.16 | 9.41% | 3.83% | 51.04% | 24.56% | |
62 Neutral | HK$463.33B | 16.76 | 10.17% | 2.05% | 62.72% | 29.18% | |
62 Neutral | HK$142.74B | 8.01 | 8.79% | 2.89% | 61.94% | 127.55% | |
60 Neutral | HK$206.20B | 11.99 | 13.03% | 2.80% | 36.57% | 77.14% |
China Merchants Securities Co., Ltd. Class H Corporate Events
China Merchants Securities Co., Ltd. has adjusted the composition of several key board committees following the retirement-linked resignation of non-executive director Liu Hui from her committee roles. At a board meeting on 22 December 2025, the company appointed non-executive director Li Delin as a member of the Strategy and Sustainability Committee and the Remuneration and Appraisal Committee, and as chairman of the Risk Management Committee, while employee representative director Ma Xiaoli joined the Risk Management Committee as a member. The reshuffle, which leaves other board committees unchanged, consolidates Li’s influence over risk oversight and remuneration governance at a time when robust committee leadership is critical for the firm’s regulatory compliance and strategic execution in China’s evolving capital markets.
The most recent analyst rating on (HK:6099) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on China Merchants Securities Co., Ltd. Class H stock, see the HK:6099 Stock Forecast page.
China Merchants Securities Co., Ltd. has announced the current composition of its board of directors, which includes executive, non-executive, independent non-executive and employee representative directors, led by Chairman Huo Da and President Zhu Jiangtao. The firm also detailed the membership and leadership of its five key board committees—Strategy and Sustainability, Risk Management, Audit, Remuneration and Appraisal, and Nomination—clarifying the distribution of responsibilities among directors, which is aimed at strengthening corporate governance, oversight and strategic decision-making for stakeholders.
The most recent analyst rating on (HK:6099) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on China Merchants Securities Co., Ltd. Class H stock, see the HK:6099 Stock Forecast page.
China Merchants Securities Co., Ltd. held its 2025 second extraordinary general meeting (EGM) on 19 December 2025 in Shenzhen, with the meeting convened and chaired by board chairman Huo Da and attended by all directors, supervisors, and senior management, underscoring the company’s emphasis on corporate governance and shareholder engagement. The EGM, which included an appointment of an employee representative director, saw active participation from 1,046 shareholders and proxies representing about 64.07% of the company’s total voting shares, and its procedures and poll results were confirmed as lawful and valid by King & Wood Mallesons, signaling procedural robustness and reinforcing confidence among stakeholders in the legitimacy of the company’s decision-making processes.
The most recent analyst rating on (HK:6099) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on China Merchants Securities Co., Ltd. Class H stock, see the HK:6099 Stock Forecast page.
China Merchants Securities Co., Ltd. has announced the current composition of its board of directors, detailing the mix of executive, non-executive, independent non-executive and employee representative directors, with Huo Da serving as chairman and Zhu Jiangtao as president. The company has also set out the structure and membership of its five key board committees—Strategy and Sustainability, Risk Management, Audit, Remuneration and Appraisal, and Nomination—indicating which directors chair and sit on each, underscoring an emphasis on corporate governance, risk oversight and sustainable strategic development for stakeholders.
The most recent analyst rating on (HK:6099) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on China Merchants Securities Co., Ltd. Class H stock, see the HK:6099 Stock Forecast page.
China Merchants Securities Co., Ltd. has announced the convening of its 2025 second extraordinary general meeting (EGM) to be held on December 19, 2025. The key agenda of the meeting includes a special resolution to dissolve the Supervisory Committee and amend various company policies and articles of association. This move is significant as it indicates a strategic shift in the company’s governance structure, potentially impacting its operational efficiency and stakeholder engagement.
The most recent analyst rating on (HK:6099) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on China Merchants Securities Co., Ltd. Class H stock, see the HK:6099 Stock Forecast page.
China Merchants Securities Co., Ltd. has established a Nomination Committee under its board of directors to enhance corporate governance, standardize the appointment of directors and senior officers, and optimize board composition. The committee is tasked with formulating selection criteria, reviewing candidates, and making recommendations for appointments and removals, thereby potentially impacting the company’s governance and operational efficiency.
The most recent analyst rating on (HK:6099) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on China Merchants Securities Co., Ltd. Class H stock, see the HK:6099 Stock Forecast page.
China Merchants Securities Co., Ltd. has announced the proposed dissolution of its Supervisory Committee in compliance with the new Company Law of China, effective from July 1, 2024. This move will transfer the committee’s functions to the audit committee of the Board, aligning with regulatory changes aimed at enhancing corporate governance. Additionally, the company plans to amend its Articles of Association and related policies to strengthen the responsibilities of directors and senior officers, improve shareholder rights protection, and ensure compliance with updated regulatory guidelines.
The most recent analyst rating on (HK:6099) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on China Merchants Securities Co., Ltd. Class H stock, see the HK:6099 Stock Forecast page.
China Merchants Securities Co., Ltd. has established a Strategy and Sustainability Committee under its board of directors to enhance its strategic development and core competitiveness. This committee is tasked with advising on the company’s medium and long-term development strategies and major investment decisions, aiming to improve decision-making efficiency and quality.
The most recent analyst rating on (HK:6099) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on China Merchants Securities Co., Ltd. Class H stock, see the HK:6099 Stock Forecast page.
China Merchants Securities Co., Ltd. has established a Risk Management Committee under its board of directors to enhance corporate governance and improve risk management and legal compliance. This committee, composed of seven directors, including the company president, is tasked with guiding the company’s risk management strategies and ensuring legal compliance, which is expected to strengthen the company’s operational framework and mitigate potential risks.
The most recent analyst rating on (HK:6099) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on China Merchants Securities Co., Ltd. Class H stock, see the HK:6099 Stock Forecast page.
China Merchants Securities Co., Ltd. has established an Audit Committee under its board of directors to enhance corporate governance and internal controls. This initiative aims to improve decision-making, ensure effective supervision, and facilitate sustainable development, thereby reinforcing the company’s regulatory compliance and operational stability.
The most recent analyst rating on (HK:6099) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on China Merchants Securities Co., Ltd. Class H stock, see the HK:6099 Stock Forecast page.
China Merchants Securities Co., Ltd. has established a Remuneration and Appraisal Committee under its board of directors to enhance its corporate governance structure. This committee is tasked with formulating assessment standards and remuneration policies for directors and senior officers, ensuring a stable remuneration system and providing recommendations to the board, which could impact the company’s operational efficiency and governance.
The most recent analyst rating on (HK:6099) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on China Merchants Securities Co., Ltd. Class H stock, see the HK:6099 Stock Forecast page.
China Merchants Securities Co., Ltd. has announced a revision of the annual cap for its continuing connected transactions under the 2022 Property Leasing Framework Agreement with China Merchants Group. The annual cap for the year ending December 31, 2026, has been increased from RMB177.34 million to RMB283.87 million due to expected transaction amounts exceeding the existing cap. This revision is subject to reporting, announcement, and annual review requirements under Chapter 14A of the Listing Rules but is exempt from independent shareholders’ approval. The increase reflects the company’s strategic adjustments to accommodate higher transaction volumes, potentially impacting its financial operations and stakeholder relations.
The most recent analyst rating on (HK:6099) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on China Merchants Securities Co., Ltd. Class H stock, see the HK:6099 Stock Forecast page.
China Merchants Securities Co., Ltd. announced the resignation of Ms. LIU Hui from her roles as a non-executive director and various committee positions due to retirement, effective November 21, 2025. The company assured that her departure will not impact the board’s operations or its statutory requirements, and it plans to elect a new director promptly. The board expressed gratitude for Ms. LIU’s contributions during her tenure.
The most recent analyst rating on (HK:6099) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on China Merchants Securities Co., Ltd. Class H stock, see the HK:6099 Stock Forecast page.
China Merchants Securities Co., Ltd. has announced the composition of its board of directors, highlighting the roles and functions of its executive, non-executive, and independent non-executive directors. This announcement underscores the company’s commitment to robust governance and strategic oversight, potentially impacting its operational efficiency and stakeholder confidence.
The most recent analyst rating on (HK:6099) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on China Merchants Securities Co., Ltd. Class H stock, see the HK:6099 Stock Forecast page.
China Merchants Securities Co., Ltd. has released its unaudited third quarterly report for the nine months ending September 30, 2025. The report, prepared in accordance with the China Accounting Standards for Business Enterprises, highlights the company’s commitment to transparency and accuracy in its financial disclosures. The announcement underscores the board’s assurance of the report’s authenticity and completeness, which is crucial for maintaining stakeholder trust and supporting the company’s market position.
The most recent analyst rating on (HK:6099) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on China Merchants Securities Co., Ltd. Class H stock, see the HK:6099 Stock Forecast page.
China Merchants Securities Co., Ltd. has announced that its board of directors will meet on October 30, 2025, to review and approve the unaudited third-quarter financial results for the period ending September 30, 2025. This meeting is significant as it will provide insights into the company’s financial performance and could impact its market positioning and stakeholder interests.
The most recent analyst rating on (HK:6099) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on China Merchants Securities Co., Ltd. Class H stock, see the HK:6099 Stock Forecast page.