China Merchants Securities Co Ltd
SSE:600999
Intrinsic Value
China Merchants Securities Co Ltd is a CN-based company operating in Capital Markets industry. [ Read More ]
The intrinsic value of one China Merchants Securities Co Ltd stock under the Base Case scenario is 25.15 CNY. Compared to the current market price of 13.96 CNY, China Merchants Securities Co Ltd is Undervalued by 44%.
Valuation Backtest
China Merchants Securities Co Ltd
Run backtest to discover the historical profit from buying and selling China Merchants Securities Co Ltd stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Balance Sheet Decomposition
China Merchants Securities Co Ltd
Current Assets | 98.3B |
Cash & Short-Term Investments | 97.5B |
Receivables | 823.7m |
Non-Current Assets | 525.7B |
Long-Term Investments | 463.2B |
PP&E | 2.7B |
Intangibles | 544.9m |
Other Non-Current Assets | 59.3B |
Current Liabilities | 330.2B |
Accounts Payable | 37B |
Accrued Liabilities | 5.3B |
Short-Term Debt | 178.6B |
Other Current Liabilities | 109.4B |
Non-Current Liabilities | 174.3B |
Long-Term Debt | 122.7B |
Other Non-Current Liabilities | 51.5B |
Earnings Waterfall
China Merchants Securities Co Ltd
Revenue
|
18.8B
CNY
|
Operating Expenses
|
-9.9B
CNY
|
Operating Income
|
8.8B
CNY
|
Other Expenses
|
-1.7B
CNY
|
Net Income
|
7.2B
CNY
|
Free Cash Flow Analysis
China Merchants Securities Co Ltd
What is Free Cash Flow?
Profitability Score
Profitability Due Diligence
China Merchants Securities Co Ltd's profitability score is 54/100. The higher the profitability score, the more profitable the company is.
Score
China Merchants Securities Co Ltd's profitability score is 54/100. The higher the profitability score, the more profitable the company is.
Solvency Score
Solvency Due Diligence
China Merchants Securities Co Ltd's solvency score is 30/100. The higher the solvency score, the more solvent the company is.
Score
China Merchants Securities Co Ltd's solvency score is 30/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
Price Targets Summary
China Merchants Securities Co Ltd
According to Wall Street analysts, the average 1-year price target for China Merchants Securities Co Ltd is 15.62 CNY with a low forecast of 10.46 CNY and a high forecast of 18.9 CNY.
Shareholder Return
Price
China Merchants Securities Co Ltd
Average Annual Return | 4.62% |
Standard Deviation of Annual Returns | 37.54% |
Max Drawdown | -54% |
Market Capitalization | 120.4B CNY |
Shares Outstanding | 7 906 910 900 |
Percentage of Shares Shorted |
N/A
|
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
China Merchants Securities Co Ltd is a CN-based company operating in Capital Markets industry. The company is headquartered in Shenzhen, Guangdong and currently employs 12,005 full-time employees. The company went IPO on 2009-11-17. CHINA MERCHANTS SECURITIES CO., LTD is a China-based company, principally engaged in security businesses. The firm operates its businesses through brokerage and wealth management business, including stocks, funds, bonds and financial products trading; investment banking business, including equity financing, debt financing and structured financing; investment management business, including collective asset management, targeted asset management and special asset management, as well as investment and trading business, including equity securities and fixed income securities transactions. The firm is principally engaged in its businesses in Guangdong Province, Shanghai, Beijing and Hong Kong.
Contact
IPO
Employees
Officers
The intrinsic value of one China Merchants Securities Co Ltd stock under the Base Case scenario is 25.15 CNY.
Compared to the current market price of 13.96 CNY, China Merchants Securities Co Ltd is Undervalued by 44%.