Earnings Alerts

China Merchants Securities Co Ltd (A) (600999) Earnings Exceed Expectations with FY Net Income of 8.76 Billion Yuan

  • Merchants Securities financial year net income surpasses estimates.
  • The net income stands at 8.76 billion yuan, beating the estimated 8.1 billion yuan.
  • Revenue also exceeded expectations, with a total of 19.82 billion yuan against the estimated 18.72 billion yuan.
  • Earnings Per Share (EPS) is reported at 94 RMB cents.
  • The company’s performance has led to 4 buys and 2 holds, with 0 sells.

A look at China Merchants Securities Co Ltd (A) Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE3.4

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) has received favorable scores across the board on the Smartkarma Smart Scores, indicating a positive long-term outlook for the company. With a score of 4 for Value, the company is considered to have strong fundamentals and is trading at an attractive price. Additionally, its Dividend score of 3 suggests that it has a good track record of paying dividends to its shareholders.

Furthermore, China Merchants Securities Co Ltd (A) has received a score of 3 for Growth, indicating that it has potential for future growth. This is supported by its strong score of 5 for Momentum, which suggests that the company has been performing well in the market. However, with a Resilience score of 2, the company may face some challenges in the face of market volatility.

Overall, China Merchants Securities Co Ltd (A) is a reputable securities company that offers a range of services including securities brokerage, investment consulting, and investment management. With its positive Smartkarma Smart Scores, the company is well-positioned for long-term success and may be an attractive investment opportunity for investors looking for a strong and stable company 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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