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Bright Smart Securities & Commodities Group Limited (1428) AI Stock Analysis
Bright Smart Securities & Commodities Group Limited
(HKEX:1428)
Strong profitability is the primary support, but weaker cash flow, elevated leverage, and clearly bearish technical momentum materially reduce the score. Moderate valuation provides limited support.
Bright Smart Securities & Commodities Group Limited (1428) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 10.16B
- Dividend Yield
- ―
- Average Volume (3M)
- 6.65M
- Price to Earnings (P/E)
- 15.3
- Beta (1Y)
- 1.47
- Revenue Growth
- -1.70%
- EPS Growth
- 8.52%
- Country
- Hong Kong
- Employees
- 188
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Financial - Capital Markets
Bright Smart Securities & Commodities Group Limited Business Overview & Revenue Model
Company Description
Bright Smart Securities & Commodities Group Limited, an investment holding enterprise established in 1995 and headquartered in Central, Hong Kong, delivers a diverse range of financial services. Its operations are organized into three primary divisio...
How the Company Makes Money
Bright Smart Securities & Commodities Group Limited makes money primarily through fees, commissions, and interest income generated from its brokerage and related financial services operations. Key revenue streams generally include: (1) Brokerage comm...
Bright Smart Securities & Commodities Group Limited Financial Statement Overview
Summary
Strong revenue growth, profitability, and margins are offset by elevated leverage and inconsistent recent operating and free cash flow. Cash conversion is the main weakness.
Income Statement
78PositiveBalance Sheet
63PositiveCash Flow
41Neutral| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.27B | 1.34B | 972.32M | 981.18M | 1.20B | 1.27B |
| Gross Profit | 1.17B | 1.14B | 855.28M | 840.50M | 1.03B | 1.08B |
| EBITDA | 955.84M | 955.84M | 950.17M | 932.12M | 878.76M | 857.17M |
| Net Income | 670.25M | 670.25M | 617.63M | 558.84M | 620.60M | 561.50M |
Balance Sheet | ||||||
| Total Assets | 9.59B | 9.59B | 7.69B | 7.08B | 7.73B | 9.77B |
| Cash, Cash Equivalents and Short-Term Investments | 516.04M | 516.04M | 478.05M | 441.27M | 571.49M | 574.29M |
| Total Debt | 4.93B | 4.93B | 4.42B | 3.87B | 4.47B | 5.27B |
| Total Liabilities | 7.41B | 7.41B | 6.19B | 5.63B | 5.99B | 7.30B |
| Stockholders Equity | 2.17B | 2.17B | 1.50B | 1.44B | 1.73B | 2.47B |
Cash Flow | ||||||
| Free Cash Flow | -406.84M | -406.84M | -165.57M | 1.40B | 2.17B | 6.65B |
| Operating Cash Flow | -401.45M | -401.45M | -159.20M | 1.41B | 2.19B | 6.66B |
| Investing Cash Flow | -4.96M | -4.96M | 420.65M | 337.82M | -32.29M | -14.09M |
| Financing Cash Flow | 417.53M | 417.53M | -229.75M | -1.80B | -2.16B | -6.56B |
Bright Smart Securities & Commodities Group Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1428, the sentiment is Negative. The current price of 6.06 is below the 20-day moving average (MA) of 6.23, below the 50-day MA of 6.84, and below the 200-day MA of 8.61, indicating a bearish trend. The MACD of -0.27 indicates Negative momentum. The RSI at 36.64 is Neutral, neither overbought nor oversold. The STOCH value of 59.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1428.
Bright Smart Securities & Commodities Group Limited Peers Comparison
Overall Rating
HK:609960Neutral
HK:178859Neutral
HK:145656Neutral- HK:142855Neutral
HK:137553Neutral
HK:021849Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| HK:6099 | 60Neutral | HKD 151.36B | 6.54 | 15.54% | 5.76% | 97.85% | 74.02% |
| HK:1788 | 59Neutral | HKD 27.06B | 18.44 | 9.18% | 2.46% | 43.49% | 109.36% |
| HK:1456 | 56Neutral | HKD 50.13B | 19.21 | 4.43% | 2.15% | 14.18% | 35.10% |
| HK:1428 | 55Neutral | HKD 10.16B | 15.35 | 33.51% | ― | -1.70% | 8.52% |
| HK:1375 | 53Neutral | HKD 16.47B | 27.10 | 4.28% | 2.86% | 41.30% | 40.04% |
| HK:0218 | 49Neutral | HKD 1.20B | 9.90 | 4.36% | ― | 200.24% | ― |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1428 | Bright Smart Securities & Commodities Group Limited | 5.99 | -3.36 | -35.99% | |
| HK:6099 | China Merchants Securities Co., Ltd. Class H | 12.30 | -2.86 | -18.88% | |
| HK:1788 | Guotai Junan International Holdings Limited | 2.85 | -0.85 | -23.00% | |
| HK:0218 | Shenwan Hongyuan (H.K.) Limited | 0.77 | -0.86 | -52.76% | |
| HK:1375 | Central China Securities Co., Ltd. Class H | 1.37 | -1.12 | -44.98% | |
| HK:1456 | Guolian Securities Co., Ltd. Class H | 3.21 | -2.60 | -44.84% |
Bright Smart Securities & Commodities Group Limited Corporate Events
Bright Smart Securities Ends Connected Tenancy Deals Linked to Former Chairman
Bright Smart Securities & Commodities Group Limited has terminated several connected tenancy agreements involving properties and car parking spaces leased from entities wholly owned by former chairman Mr. Yip, effective 31 August 2026. The surren...
Bright Smart AGM Backs All Resolutions and Board Slate
Bright Smart Securities & Commodities Group Limited reported the poll results of its annual general meeting held on 28 August 2026, where all resolutions were duly passed by shareholders. The meeting confirmed the receipt and consideration of the...
Bright Smart Sets Out Board Composition and Governance Committee Roles
Bright Smart Securities & Commodities Group Limited has announced the current composition of its board of directors, detailing executive, non-executive, and independent non-executive roles. The board is led by Chairman Huang Hao, with Zheng Yanla...
Bright Smart Securities Updates AGM Agenda With Board Changes
Bright Smart Securities & Commodities Group Limited has issued a supplemental notice confirming that its annual general meeting will proceed as scheduled in Hong Kong on 28 August 2026. The meeting will be held at the Renaissance Harbour View Hot...
Bright Smart revamps board as independent director retires and seasoned executive nominated
Bright Smart Securities & Commodities Group Limited has announced that independent non-executive director Lyn Frank Yee Chon will retire from the board following the upcoming annual general meeting, choosing not to stand for re-election so he can...
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.
Date of analysis: Oct 22, 2026