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Everbright Securities Company Limited Class H
(6178)
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Rating:55Neutral
Price Target:
HK$6.50
â–¼(-27.13% Downside)
Action:Reiterated
Date:10/31/26
The score is held back primarily by weak cash-flow performance (deeply negative TTM operating and free cash flow) and elevated leverage, despite a strong TTM rebound in profitability. Technicals are also bearish with the price below key moving averages and negative momentum indicators. Valuation and dividend yield are supportive but not enough to outweigh the financial and technical risks.
Positive Factors
Diversified Full-Service Model
A broad financial-services platform serves retail, corporate, and institutional clients across multiple activities and Greater China markets. This diversification can support cross-selling, reduce reliance on one revenue stream, and preserve strategic relevance across changing capital-market conditions.
Negative Factors
Negative Cash Generation
The reversal to deeply negative operating and free cash flow weakens the quality and flexibility of recent reported profits. Persistent cash deficits could constrain investment, distributions, and balance-sheet management, while also making the earnings rebound less durable if working-capital pressure continues.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified Full-Service Model
A broad financial-services platform serves retail, corporate, and institutional clients across multiple activities and Greater China markets. This diversification can support cross-selling, reduce reliance on one revenue stream, and preserve strategic relevance across changing capital-market conditions.
Read all positive factors
Everbright Securities Company Limited Class H (6178) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$64.75B
Dividend Yield6.2%
Average Volume (3M)807.22K
Price to Earnings (P/E)14.2
Beta (1Y)1.00
Revenue Growth14.53%
EPS Growth36.49%
CountryHK
Employees7,763
SectorFinancial
Sector Strength70
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)1.06
Shares Outstanding704,088,800
10 Day Avg. Volume1,018,800
30 Day Avg. Volume807,223
Financial Highlights & Ratios
PEG Ratio0.42
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)1.1
Revenue Forecast (FY)HK$14.41B
Everbright Securities Company Limited Class H Business Overview & Revenue Model
Company Description
Everbright Securities Company Limited, founded in Wan Chai, Hong Kong, in 1996, operates an extensive financial services enterprise both domestically in China and across international markets. The company's diverse activities span wealth managemen...
Everbright Securities Company Limited Class H Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
58
Neutral
Cash Flow
34
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 24.50B | 15.54B | 12.19B | 13.20B | 13.92B | 20.38B |
| Gross Profit | 18.75B | 11.56B | 9.48B | 9.93B | 10.68B | 16.64B |
| EBITDA | 10.91B | 7.43B | 4.22B | 5.40B | 4.44B | 5.21B |
| Net Income | 6.44B | 3.63B | 3.06B | 4.27B | 3.19B | 3.48B |
Balance Sheet | ||||||
| Total Assets | 321.96B | 318.25B | 292.96B | 259.60B | 258.35B | 239.11B |
| Cash, Cash Equivalents and Short-Term Investments | 253.62B | 87.14B | 137.12B | 116.55B | 123.60B | 133.46B |
| Total Debt | 76.77B | 136.06B | 66.34B | 68.34B | 69.70B | 77.23B |
| Total Liabilities | 244.94B | 256.42B | 223.74B | 191.71B | 193.57B | 180.51B |
| Stockholders Equity | 76.12B | 60.95B | 68.39B | 67.09B | 64.00B | 57.87B |
Cash Flow | ||||||
| Free Cash Flow | -16.66B | 4.70B | 36.01B | 15.08B | 18.04B | -5.13B |
| Operating Cash Flow | -16.17B | 4.96B | 36.38B | 15.58B | 18.33B | -4.83B |
| Investing Cash Flow | -7.28B | -31.31B | -15.04B | -14.81B | -9.03B | 6.68B |
| Financing Cash Flow | 19.82B | 7.94B | -8.27B | -4.11B | -6.47B | -462.36M |
Everbright Securities Company Limited Class H Technical Analysis
Negative
8.92
Price Trends
6.86
Negative
7.03
Negative
7.42
Negative
Market Momentum
-0.13
Positive
40.86
Neutral
12.80
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 6.55, above the 50-day MA of 6.86, and above the 200-day MA of 7.42, indicating a bearish trend. The MACD of -0.13 indicates Positive momentum. The RSI at 40.86 is Neutral, neither overbought nor oversold. The STOCH value of 12.80 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 |
|---|---|---|---|---|---|---|---|
73 Outperform | HK$307.29B | 8.30 | 10.01% | 5.73% | 37.61% | -2.94% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | HK$170.74B | 7.55 | 10.67% | 4.54% | 123.03% | 20.90% | |
63 Neutral | HK$222.36B | 9.73 | 11.77% | 2.14% | -15.78% | 84.61% | |
61 Neutral | HK$417.31B | 9.88 | 12.77% | 3.97% | 101.98% | 67.41% | |
55 Neutral | HK$64.75B | 14.22 | 6.46% | 6.20% | 14.53% | 36.49% | |
54 Neutral | HK$178.12B | 13.40 | 14.85% | 3.71% | 2.88% | 38.11% |
* Financial Sector Average
HK:6178
Everbright Securities Company Limited Class H
6.42
-2.86
-30.80%
HK:6030
CITIC Securities Co
19.88
-8.37
-29.62%
HK:3908
China International Capital
16.97
-3.45
-16.87%
HK:6886
Huatai Securities Co
14.72
-3.65
-19.86%
HK:6066
CSC Financial Co., Ltd. Class H
10.29
-2.40
-18.89%
HK:2611
Guotai Junan Securities Co., Ltd. Class H
13.02
-1.48
-10.23%
Everbright Securities Company Limited Class H Corporate Events
Everbright Securities Posts Strong Year-to-Date Profit Growth Despite Q3 Revenue Dip
Oct 29, 2026
Everbright Securities has released its unaudited third-quarter 2026 report, showing operating income of RMB 2.98 billion for the quarter, down slightly year-on-year, but total profit and net profit attributable to shareholders both increased, with...
Everbright Securities Approves EGM Resolutions and Declares 2026 Interim Dividend
Oct 20, 2026
Everbright Securities Company Limited announced that all resolutions proposed at its second extraordinary general meeting of 2026 were duly approved, with the meeting lawfully convened and attended by over half of the company’s voting share ...
Everbright Securities Sets Interim Dividend and Clarifies Tax Treatment for H Shareholders
Oct 20, 2026
Everbright Securities Company Limited has declared an interim ordinary dividend of RMB 0.17 per share for the six months ended 30 June 2026, with shareholders’ approval obtained on 20 October 2026. Holders of its H shares will receive the di...
Everbright Securities Details Board Line-up and Committee Structure
Oct 20, 2026
Everbright Securities Company Limited has announced the current composition of its board of directors, led by executive director and chairman Zhao Ling, and including a mix of non-executive and independent non-executive directors. The updated list...
Everbright Securities Sets Date to Approve Third-Quarter Unaudited Results
Oct 15, 2026
Everbright Securities Company Limited has scheduled a board meeting for October 29, 2026 to review and approve the unaudited consolidated results for the third quarter ended September 30, 2026. The meeting may also address additional resolutions, ...
Everbright Securities Sets October EGM and Proposes RMB783.8 Million Interim Dividend
Sep 23, 2026
Everbright Securities Company Limited has called its second extraordinary general meeting of 2026 for October 20 in Shanghai, where shareholders will vote on appointing Guo Ju as a non-executive director. The meeting will also consider an interim ...
Everbright Securities Sets Interim Dividend and Outlines Tax Terms for Overseas Investors
Sep 23, 2026
Everbright Securities Company Limited has declared an interim ordinary dividend of RMB 0.17 per share for the six months ended 30 June 2026, payable in Hong Kong dollars by default with an option to receive RMB, with key dates including shareholde...
Everbright Securities Chairman Temporarily Assumes President Role After Resignation
Sep 22, 2026
Everbright Securities has moved to temporarily consolidate top executive roles following the recent resignation of president and legal representative Liu Qiuming. On September 22, 2026, the board approved a resolution authorising chairman Zhao Lin...
Everbright Securities Outlines Board and Committee Structure
Sep 18, 2026
Everbright Securities Company Limited has announced the current composition of its board of directors, led by executive director and chairman Zhao Ling, and comprising non-executive and independent non-executive directors. The company highlights a...
Everbright Securities President Liu Qiuming Resigns, Board Plans Successor
Sep 18, 2026
Everbright Securities has announced the resignation of executive director and president Liu Qiuming, who also stepped down as a member of the Strategy and Sustainable Development Committee and as the company’s legal representative. Liu, who ...
Everbright Securities Announces Interim Dividend for First Half of 2026
Aug 19, 2026
Everbright Securities Company Limited has declared an interim ordinary dividend of RMB 0.17 per share for the six months ended 30 June 2026, for the financial year ending 31 December 2026. The payout applies to its Hong Kong-listed shares, with sh...
Everbright Securities Nominates CSSC Finance Executive to Board as Non-Executive Director
Aug 19, 2026
Everbright Securities Company Limited has nominated Guo Ju as a candidate for non-executive director for the seventh session of its board, with shareholders set to vote on his appointment at the company’s second extraordinary general meeting...
Everbright Securities Announces Unaudited 2026 Interim Results
Aug 19, 2026
Everbright Securities Company Limited, a PRC‑incorporated joint stock securities firm listed in Hong Kong, offers a broad range of brokerage and investment banking services to retail and institutional clients in mainland China and Hong Kong....
Everbright Securities Sets Board Meeting to Approve 2026 Interim Results
Aug 7, 2026
Everbright Securities Company Limited has scheduled a board meeting for August 19, 2026, to review and approve the unaudited interim financial results for the first half of 2026. At the same meeting, the board will also consider whether to recomme...
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.