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:57Neutral
Price Target:
HK$8.00
â–¼(-10.31% Downside)
Action:ReiteratedDate:03/28/26
The score is primarily constrained by weakened financial flexibility (higher 2025 leverage, lower equity, and sharply lower 2025 free cash flow) and bearish technicals (below key moving averages with negative MACD). These are partially offset by a comparatively reasonable valuation (P/E ~11.8) and a ~3.1% dividend yield.
Positive Factors
Revenue growth momentum
Resumption of revenue growth in 2025 after multiple down years signals improving business momentum across core lines (brokerage, underwriting, asset management). Sustainable top-line recovery strengthens fee generation and underpins medium-term revenue visibility for 2–6 months and beyond.
Negative Factors
Marked increase in leverage
A large step-up in debt alongside falling equity materially reduces financial flexibility and increases funding risk. Higher leverage raises interest and refinancing exposure, constraining capital deployment and increasing vulnerability to adverse market or regulatory shifts over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth momentum
Resumption of revenue growth in 2025 after multiple down years signals improving business momentum across core lines (brokerage, underwriting, asset management). Sustainable top-line recovery strengthens fee generation and underpins medium-term revenue visibility for 2–6 months and beyond.
Read all positive factors
Everbright Securities Company Limited Class H (6178) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$74.33B
Dividend Yield2.66%
Average Volume (3M)4.24M
Price to Earnings (P/E)10.1
Beta (1Y)2.03
Revenue Growth30.38%
EPS Growth2.63%
CountryHK
Employees7,724
SectorFinancial
Sector Strength70
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)0.44
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)0.94
Revenue Forecast (FY)HK$13.43B
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
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Everbright Securities Company Limited Class H Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
56
Neutral
Cash Flow
49
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 15.54B | 12.19B | 13.20B | 13.92B | 20.38B |
| Gross Profit | 11.56B | 9.48B | 9.93B | 10.68B | 16.64B |
| EBITDA | 7.43B | 4.22B | 5.40B | 4.44B | 5.21B |
| Net Income | 3.63B | 3.06B | 4.27B | 3.19B | 3.48B |
Balance Sheet | |||||
| Total Assets | 318.25B | 292.96B | 259.60B | 258.35B | 239.11B |
| Cash, Cash Equivalents and Short-Term Investments | 87.14B | 137.12B | 116.55B | 123.60B | 133.46B |
| Total Debt | 136.06B | 66.34B | 68.34B | 69.70B | 77.23B |
| Total Liabilities | 256.42B | 223.74B | 191.71B | 193.57B | 180.51B |
| Stockholders Equity | 60.95B | 68.39B | 67.09B | 64.00B | 57.87B |
Cash Flow | |||||
| Free Cash Flow | 4.70B | 36.01B | 15.08B | 18.04B | -5.13B |
| Operating Cash Flow | 4.96B | 36.38B | 15.58B | 18.33B | -4.83B |
| Investing Cash Flow | -31.31B | -15.04B | -14.81B | -9.03B | 6.68B |
| Financing Cash Flow | 7.94B | -8.27B | -4.11B | -6.47B | -462.36M |
Everbright Securities Company Limited Class H Technical Analysis
Negative
8.92
Price Trends
8.48
Negative
8.85
Negative
9.53
Negative
Market Momentum
-0.25
Positive
35.56
Neutral
24.99
Neutral
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 7.94, above the 50-day MA of 8.48, and below the 200-day MA of 9.53, indicating a bearish trend. The MACD of -0.25 indicates Positive momentum. The RSI at 35.56 is Neutral, neither overbought nor oversold. The STOCH value of 24.99 is Neutral, 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% | |
61 Neutral | HK$83.03B | 9.46 | 6.87% | 3.48% | 22.13% | 63.08% | |
59 Neutral | HK$150.36B | 9.05 | 9.55% | 3.83% | 51.04% | 24.56% | |
59 Neutral | HK$128.62B | 7.38 | 8.70% | 2.89% | 61.94% | 127.55% | |
58 Neutral | HK$56.47B | 13.34 | 3.90% | 1.18% | 365.12% | 170.00% | |
57 Neutral | HK$74.33B | 10.15 | 5.66% | 2.66% | 30.38% | 2.63% | |
57 Neutral | HK$18.13B | 20.29 | 3.28% | 1.25% | -36.99% | 181.79% |
* Financial Sector Average
HK:6178
Everbright Securities Company Limited Class H
7.64
0.38
5.28%
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2.50%
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5.52
0.89
19.33%
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2.73
0.57
26.21%
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Central China Securities Co., Ltd. Class H
1.82
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13.83%
Everbright Securities Company Limited Class H Corporate Events
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 ...
Everbright Securities Calls 2026 Extraordinary Meeting to Vote on New Non-Executive Director
Jan 23, 2026
Everbright Securities has called its first extraordinary general meeting of 2026 for 27 February in Shanghai to seek shareholder approval for the appointment of Mr. An Xuesong as a non-executive director. The notice also sets out procedural arrang...
Everbright Securities Nominates China Everbright Executive An Xuesong as Non-Executive Director
Jan 23, 2026
Everbright Securities has nominated China Everbright Limited executive director and vice president An Xuesong as a candidate for non-executive director on its seventh session board, filling a vacancy created by a recent resignation and subject to ...
Everbright Securities Posts Strong 2025 Preliminary Results Amid Market Rebound
Jan 23, 2026
Everbright Securities reported a solid improvement in preliminary 2025 results, with operating income rising 13.18% year-on-year to RMB10.863 billion and net profit attributable to shareholders up 21.92% to RMB3.729 billion, driven by stronger tra...
Everbright Securities Sets Out Board Composition and Committee Roles
Jan 7, 2026
Everbright Securities Company Limited has announced the current composition of its board of directors, which includes executive, non-executive, and independent non-executive directors led by Chairman Zhao Ling and President Liu Qiuming. The compan...
Everbright Securities Announces Board Resignation and New Director Nomination
Jan 7, 2026
Everbright Securities has announced the resignation of non-executive director Yin Yanwu, who has also stepped down from the Board’s Remuneration, Nomination and Credentials Committee and Risk Management Committee due to work-related adjustme...
Everbright Securities Faces Uncertain Exposure as Court Orders Jin Tong Ling to Pay RMB775 Million to Investors
Dec 31, 2025
Everbright Securities has disclosed progress in a major investor lawsuit linked to its role as independent financial adviser for Jin Tong Ling Technology Group’s 2018 share issuance and asset acquisition deal, in which the brokerage is one o...
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.