- Merchants Securities surpassed net income forecasts with a reported net income of 10.39 billion yuan compared to an estimated 9.5 billion yuan.
- Revenue slightly missed estimates, recording 20.89 billion yuan against an anticipated 21.13 billion yuan.
- The company declared a final dividend per share of 37.7 RMB cents.
- Margin financing and securities lending business reached 90.88 billion yuan.
- Earnings per share (EPS) was reported at 1.13 yuan.
- Analyst recommendations include 3 buy ratings, 2 hold ratings, and 2 sell ratings.
A look at China Merchants Securities Co Ltd (A) Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
China Merchants Securities Co Ltd (A) is poised for a prosperous long-term outlook based on the Smartkarma Smart Scores. With strong ratings in Value, Dividend, and Growth, the company demonstrates stability and promise in its financial performance. Investors can take confidence in its ability to provide consistent returns and potentially grow over time.
However, it’s essential to note the lower score in Resilience, indicating some vulnerability to market fluctuations. This suggests that while the company shows remarkable momentum, there may be some sensitivity to external economic conditions. Overall, with a solid foundation in place, China Merchants Securities Co Ltd (A) appears to be well-positioned for future success in the securities industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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