Everbright Securities Company Limited Class H (HK:6178)
:6178
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Everbright Securities Company Limited Class H
(6178)
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Rating:61Neutral
Price Target:
HK$8.50
â–¼(-4.71% Downside)
Action:Reiterated
Date:05/03/26
The score is driven primarily by solid profitability and generally good earnings-to-cash conversion, tempered by cyclical/volatile revenue and cash flows and a history of leverage sensitivity. Technicals are mixed-to-weak with the stock below key longer-term moving averages and a negative MACD. Valuation is a positive offset due to the low P/E and moderate dividend yield.
Positive Factors
Diversified business model
Everbright operates a full-service securities and investment banking platform spanning brokerage, wealth management, margin financing, trading, underwriting and asset management. This diversified fee and interest mix reduces reliance on any single market cycle and supports more stable long-term revenue generation across business segments.
Negative Factors
Volatile free cash flow
Material year-to-year swings and a recent ~26.6% TTM decline in free cash flow indicate inconsistent cash generation. For a securities firm that funds margin lending and underwriting, this volatility complicates capital allocation, heightens refinancing and payout risk, and weakens the predictability of internally funded growth initiatives.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified business model
Everbright operates a full-service securities and investment banking platform spanning brokerage, wealth management, margin financing, trading, underwriting and asset management. This diversified fee and interest mix reduces reliance on any single market cycle and supports more stable long-term revenue generation across business segments.
Read all positive factors
Everbright Securities Company Limited Class H (6178) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$72.85B
Dividend Yield2.66%
Average Volume (3M)4.24M
Price to Earnings (P/E)7.2
Beta (1Y)2.18
Revenue Growth14.46%
EPS Growth25.89%
CountryHK
Employees7,724
SectorFinancial
Sector Strength70
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)0.80
Shares Outstanding704,088,800
10 Day Avg. Volume4,328,028
30 Day Avg. Volume4,241,179
Financial Highlights & Ratios
PEG Ratio0.38
Price to Book (P/B)0.60
Price to Sales (P/S)2.37
P/FCF Ratio7.83
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)1.04
Revenue Forecast (FY)HK$13.64B
Everbright Securities Company Limited Class H Business Overview & Revenue Model
Company Description
Everbright Securities Company Limited, together with its subsidiaries, engages in the wealth management, corporate financing, institutional customer, investment trading, asset management, and equity investment businesses in China and international...
How the Company Makes Money
The company makes money by earning fees, commissions, and interest income from client-facing securities services and by generating trading and investment returns from its own capital. Key revenue streams typically include: (1) Brokerage and wealth...
Everbright Securities Company Limited Class H Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
54
Neutral
Cash Flow
58
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 15.47B | 15.54B | 12.19B | 13.20B | 13.92B | 20.38B |
| Gross Profit | 11.93B | 11.56B | 9.48B | 9.93B | 10.68B | 16.64B |
| EBITDA | 6.54B | 7.43B | 4.22B | 5.40B | 4.44B | 5.21B |
| Net Income | 4.04B | 3.63B | 3.06B | 4.27B | 3.19B | 3.48B |
Balance Sheet | ||||||
| Total Assets | 328.45B | 318.25B | 292.96B | 259.60B | 258.35B | 239.11B |
| Cash, Cash Equivalents and Short-Term Investments | 258.88B | 87.14B | 137.12B | 116.55B | 123.60B | 133.46B |
| Total Debt | 77.49B | 136.06B | 66.34B | 68.34B | 69.70B | 77.23B |
| Total Liabilities | 252.37B | 256.42B | 223.74B | 191.71B | 193.57B | 180.51B |
| Stockholders Equity | 75.19B | 60.95B | 68.39B | 67.09B | 64.00B | 57.87B |
Cash Flow | ||||||
| Free Cash Flow | 3.07B | 4.70B | 36.01B | 15.08B | 18.04B | -5.13B |
| Operating Cash Flow | 3.35B | 4.96B | 36.38B | 15.58B | 18.33B | -4.83B |
| Investing Cash Flow | -6.33B | -31.31B | -15.04B | -14.81B | -9.03B | 6.68B |
| Financing Cash Flow | 16.25B | 7.94B | -8.27B | -4.11B | -6.47B | -462.36M |
Everbright Securities Company Limited Class H Technical Analysis
Negative
8.92
Price Trends
8.00
Negative
8.48
Negative
9.39
Negative
Market Momentum
-0.02
Positive
40.61
Neutral
10.18
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6178, the sentiment is Negative. The current price of 8.92 is above the 20-day moving average (MA) of 8.08, above the 50-day MA of 8.00, and below the 200-day MA of 9.39, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 40.61 is Neutral, neither overbought nor oversold. The STOCH value of 10.18 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6178.
Everbright Securities Company Limited Class H Peers Comparison
UnderperformOutperform
Sector (68)
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% | |
67 Neutral | HK$164.95B | 7.74 | 10.10% | 3.83% | 38.36% | 19.98% | |
62 Neutral | HK$89.30B | 6.25 | 6.85% | 3.48% | 24.21% | 75.20% | |
61 Neutral | HK$72.85B | 7.25 | 6.25% | 2.66% | 14.46% | 25.89% | |
58 Neutral | HK$17.96B | 11.02 | 3.63% | 1.25% | 29.71% | 145.24% | |
55 Neutral | HK$57.66B | 10.76 | 4.07% | 1.18% | 51.17% | 27.91% | |
54 Neutral | HK$122.75B | 6.39 | 8.68% | 2.89% | -21.60% | 73.59% |
* Financial Sector Average
HK:6178
Everbright Securities Company Limited Class H
7.81
0.80
11.36%
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Everbright Securities Company Limited Class H Corporate Events
Everbright Securities Unit Renews Hong Kong Office Lease in Connected Transaction
Apr 30, 2026
Everbright Securities said its wholly owned subsidiary CEBSI plans to exercise a renewal option on its existing lease at Everbright Centre in Hong Kong, extending the term for three years from May 1, 2026 to April 30, 2029. The renewed connected t...
Everbright Securities Posts Strong Profit Growth in Q1 2026 Despite Cash Flow Pressure
Apr 29, 2026
Everbright Securities reported a strong start to 2026, with first-quarter operating income rising 23.10% year on year to RMB 3.08 billion and total profit surging 48.83%. Net profit attributable to shareholders climbed 42.34% to RMB 1.17 billion, ...
Everbright Securities Schedules Board Meeting to Review Q1 2026 Results
Apr 15, 2026
Everbright Securities Company Limited has scheduled a board meeting for April 29, 2026 to review and approve the unaudited financial results of the company and its subsidiaries for the first quarter ended March 31, 2026. The announcement signals t...
Everbright Securities Senior Expert Resigns on Retirement
Apr 7, 2026
Everbright Securities Company Limited announced that senior expert Ms. Wang Cuiting has resigned from her role due to retirement, effective upon the board’s receipt of her resignation letter on April 3, 2026. Following her departure, she wil...
Everbright Securities Announces Final 2025 Dividend of RMB 0.174 Per Share
Mar 26, 2026
Everbright Securities Company Limited has declared a final ordinary dividend of RMB 0.174 per share for the financial year ended 31 December 2025, with shareholders able to receive the payout in renminbi and, for Hong Kong investors, in Hong Kong ...
Everbright Securities Publishes Audited 2025 Annual Results Announcement
Mar 26, 2026
Everbright Securities Company Limited has released its audited annual results for the year ended December 31, 2025, covering the consolidated performance of the group. The announcement fulfills Hong Kong listing requirements and will be followed b...
Everbright Securities Sets March Board Meeting to Approve 2025 Results and Consider Dividend
Mar 12, 2026
Everbright Securities Company Limited has scheduled a board meeting for March 26, 2026 to review and approve the annual results for the year ended December 31, 2025, along with the proposed publication of those results. The board will also conside...
Everbright Securities Details Board Composition and Committee Roles
Feb 27, 2026
Everbright Securities Company Limited has announced the current composition of its board of directors, detailing the mix of executive, non-executive, and independent non-executive directors, with Zhao Ling serving as chairman and Liu Qiuming as pr...
Everbright Securities Shareholders Approve Election of New Non-Executive Director
Feb 27, 2026
Everbright Securities Company Limited announced that shareholders at its first extraordinary general meeting of 2026 overwhelmingly approved the election of Mr. An Xuesong as a non-executive director. The meeting, held in Shanghai and attended by ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.