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China Merchants Securities Co., Ltd. Class H (6099) Stock Price & Analysis
6099 Stock Chart & Stats
- Day’s Range
- HKD 11.72 - HKD 12.55
- 52-Week Range
- HKD 11.72 - HKD 18.65
- Previous Close
- HKD 11.94
- Volume
- 8.66M
- Average Volume (3M)
- 2.50M
- Market Cap
- HKD 151.36B
- Enterprise Value
- HKD 157.09B
- Total Cash (Recent Filing)
- HKD 640.05B
- Total Debt (Recent Filing)
- HKD 221.05B
- Price to Earnings (P/E)
- 6.5
- Beta
- 1.02
- Next Earnings
- Mar 25, 2027 (Est.)
- EPS Estimate
- N/A
- Last Dividend Ex-Date
- Sep 07, 2026
- Dividend Yield
- 5.76%
Bulls Say, Bears Say
Bulls Say
Strong Profitability And Growth
Strong latest-period profitability and revenue growth indicate that the firm is converting its capital-markets franchise into substantial earnings. The recovery in profits versus earlier years supports reinvestment capacity and provides a durable base for serving clients across market cycles.
Improved Return On Equity
Improved returns on equity show stronger earnings generation relative to shareholder capital, supporting management’s ability to deploy the balance sheet productively. Sustained mid-teens returns would strengthen internal capital formation and improve the company’s capacity to fund future expansion.
Diversified Capital-markets Platform
A broad platform serving individual, corporate, and institutional clients gives the company multiple operating channels across brokerage, underwriting, trading, and asset management. This breadth supports client retention and creates several durable avenues for fee and capital-markets activity.
Bears Say
Elevated Leverage
Elevated leverage reduces financial flexibility when market conditions become difficult and leaves less balance-sheet capacity for new opportunities. It can also increase sensitivity to funding conditions, making earnings and capital allocation less resilient during weaker capital-markets periods.
Recent Negative Cash Generation
Negative operating and free cash flow weaken the reliability of internally generated funding, even when reported earnings are strong. The recent swing from earlier positive cash generation signals volatility that could constrain capital flexibility and make sustained investment or distributions less predictable.
Volatile Earnings Profile
Uneven revenue and profit growth makes future earnings harder to forecast than a consistently compounding business. Because capital-markets results can vary across periods, this volatility may complicate planning, capital allocation, and the assessment of sustainable earnings power over the next several quarters.
China Merchants Securities Co., Ltd. Class H News
6099 FAQ
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China Merchants Securities Co., Ltd. Class H Stock Smart Score
Company Description
China Merchants Securities Co., Ltd. Class H
China Merchants Securities Co., Ltd. is a prominent financial services firm operating across the People's Republic of China, catering to a diverse clientele including corporate entities, institutional investors, and individual clients. The company's comprehensive suite of investment and trading services is delivered through its distinct segments: Wealth Management and Institutional Business, Investment Banking, Investment Management, and Investment and Trading. Within its Wealth Management and Institutional arm, the firm provides expert investment consultation, personalized portfolio recommendations, financial product sales, and strategic asset allocation advice. Capital-based intermediary services are also a key offering, encompassing margin financing, securities lending, and various stock repurchase and pledge transactions. For institutional clients like fund and insurance companies, it delivers specialized investment research, sales and trading capabilities, and prime brokerage solutions. Furthermore, this segment facilitates trading in a broad array of instruments, including stocks, funds, bonds, futures, and other derivatives. The Investment Banking division specializes in facilitating capital-raising activities, offering both domestic and international equity and debt financing, along with comprehensive underwriting services for equities and bonds. Its expertise extends to structured financing, assisting with over-the-counter (OTC) listings, merger and acquisition advisory, and general financial consulting. Through its Investment Management services, China Merchants Securities provides collective and separately managed accounts, specialized asset management, and manages equity investment funds. Finally, the Investment and Trading segment actively engages in the dealing of equity and fixed-income securities, commodities, foreign exchange, and alternative investments, alongside a variety of derivatives. It also supplies bespoke OTC financial products, operates as a market maker, and offers insurance agency services. Founded in 1991, the company maintains its headquarters in Shenzhen, PRC.
- Sector
- Financial
- Industry
- Financial - Capital Markets
- CEO
- Da Huo
- Employees
- 12,792
- Website
- www.cmschina.com
- Address
- No. 111, Fuhua Yi Road, Shenzhen, GD, 518046, CN
China Merchants Securities Co., Ltd. Class H (6099) Earnings & Revenues
6099 Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 5 | 3 | 14 |
| Technical Analysis | 5 | 3 | 2 |
| Moving Averages | 0 | 0 | 12 |







