company background image
6066

CSC Financial SEHK:6066 Stock Report

Last Price

HK$8.67

Market Cap

HK$229.3b

7D

3.3%

1Y

-10.9%

Updated

25 Jun, 2022

Data

Company Financials +
6066 fundamental analysis
Snowflake Score
Valuation6/6
Future Growth2/6
Past Performance1/6
Financial Health3/6
Dividends2/6

6066 Stock Overview

CSC Financial Co., Ltd., together with its subsidiaries, provides investment banking services in Mainland China and internationally.

CSC Financial Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for CSC Financial
Historical stock prices
Current Share PriceHK$8.67
52 Week HighHK$10.10
52 Week LowHK$6.67
Beta0.96
1 Month Change20.25%
3 Month Change18.93%
1 Year Change-10.89%
3 Year Change49.23%
5 Year Change25.11%
Change since IPO27.31%

Recent News & Updates

Shareholder Returns

6066HK Capital MarketsHK Market
7D3.3%3.3%2.1%
1Y-10.9%-19.8%-23.3%

Return vs Industry: 6066 exceeded the Hong Kong Capital Markets industry which returned -19.8% over the past year.

Return vs Market: 6066 exceeded the Hong Kong Market which returned -23.3% over the past year.

Price Volatility

Is 6066's price volatile compared to industry and market?
6066 volatility
6066 Average Weekly Movement5.5%
Capital Markets Industry Average Movement7.3%
Market Average Movement7.0%
10% most volatile stocks in HK Market13.8%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 6066 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 6066's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200511,778Geping Lihttps://www.csc108.com

CSC Financial Co., Ltd., together with its subsidiaries, provides investment banking services in Mainland China and internationally. The company operates through four segments: Investment Banking, Wealth Management, Trading and Institutional Client Services, and Asset Management. The Investment Banking segment offers financial advisory, sponsoring, and equity and debt securities underwriting services.

CSC Financial Fundamentals Summary

How do CSC Financial's earnings and revenue compare to its market cap?
6066 fundamental statistics
Market CapCN¥195.42b
Earnings (TTM)CN¥9.51b
Revenue (TTM)CN¥32.93b

6.0x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
6066 income statement (TTM)
RevenueCN¥32.93b
Cost of RevenueCN¥2.38b
Gross ProfitCN¥30.55b
Other ExpensesCN¥21.04b
EarningsCN¥9.51b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.23
Gross Margin92.78%
Net Profit Margin28.88%
Debt/Equity Ratio252.8%

How did 6066 perform over the long term?

See historical performance and comparison

Dividends

5.3%

Current Dividend Yield

33%

Payout Ratio

Does 6066 pay a reliable dividends?

See 6066 dividend history and benchmarks
When do you need to buy 6066 by to receive an upcoming dividend?
CSC Financial dividend dates
Ex Dividend DateJun 30 2022
Dividend Pay DateAug 18 2022
Days until Ex dividend4 days
Days until Dividend pay date53 days

Does 6066 pay a reliable dividends?

See 6066 dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is 6066 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6066?

Other financial metrics that can be useful for relative valuation.

6066 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio0.4x

Price to Earnings Ratio vs Peers

How does 6066's PE Ratio compare to its peers?

6066 PE Ratio vs Peers
The above table shows the PE ratio for 6066 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average8.7x

Price-To-Earnings vs Peers: 6066 is good value based on its Price-To-Earnings Ratio (6x) compared to the peer average (8.7x).


Price to Earnings Ratio vs Industry

How does 6066's PE Ratio compare vs other companies in the Hong Kong Capital Markets Industry?

Price-To-Earnings vs Industry: 6066 is good value based on its Price-To-Earnings Ratio (6x) compared to the Hong Kong Capital Markets industry average (8.1x)


Price to Earnings Ratio vs Fair Ratio

What is 6066's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

6066 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6x
Fair PE Ratio7.6x

Price-To-Earnings vs Fair Ratio: 6066 is good value based on its Price-To-Earnings Ratio (6x) compared to the estimated Fair Price-To-Earnings Ratio (7.6x).


Share Price vs Fair Value

What is the Fair Price of 6066 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6066 (HK$8.67) is trading below our estimate of fair value (HK$33.51)

Significantly Below Fair Value: 6066 is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: 6066 is good value based on its PEG Ratio (0.4x)


Discover undervalued companies

Future Growth

How is CSC Financial forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


14.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6066's forecast earnings growth (14.3% per year) is above the savings rate (1.5%).

Earnings vs Market: 6066's earnings (14.3% per year) are forecast to grow slower than the Hong Kong market (17% per year).

High Growth Earnings: 6066's earnings are forecast to grow, but not significantly.

Revenue vs Market: 6066's revenue (19.3% per year) is forecast to grow faster than the Hong Kong market (10.2% per year).

High Growth Revenue: 6066's revenue (19.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 6066's Return on Equity is forecast to be low in 3 years time (13.5%).


Discover growth companies

Past Performance

How has CSC Financial performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


24.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 6066 has a high level of non-cash earnings.

Growing Profit Margin: 6066's current net profit margins (28.9%) are lower than last year (34.9%).


Past Earnings Growth Analysis

Earnings Trend: 6066's earnings have grown significantly by 24.7% per year over the past 5 years.

Accelerating Growth: 6066's earnings growth over the past year (6.7%) is below its 5-year average (24.7% per year).

Earnings vs Industry: 6066 earnings growth over the past year (6.7%) underperformed the Capital Markets industry 13.6%.


Return on Equity

High ROE: 6066's Return on Equity (11.8%) is considered low.


Discover strong past performing companies

Financial Health

How is CSC Financial's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 6066's short term assets (CN¥399.9B) exceed its short term liabilities (CN¥242.6B).

Long Term Liabilities: 6066's short term assets (CN¥399.9B) exceed its long term liabilities (CN¥127.6B).


Debt to Equity History and Analysis

Debt Level: 6066 has more cash than its total debt.

Reducing Debt: 6066's debt to equity ratio has increased from 154.9% to 252.8% over the past 5 years.

Debt Coverage: 6066's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 6066's interest payments on its debt are well covered by EBIT.


Balance Sheet


Discover healthy companies

Dividend

What is CSC Financial current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


5.35%

Current Dividend Yield

Upcoming Dividend Payment

TodayJun 25 2022Ex Dividend DateJun 30 2022Dividend Pay DateAug 18 202249 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 6066's dividend (5.35%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.74%).

High Dividend: 6066's dividend (5.35%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.89%).


Stability and Growth of Payments

Stable Dividend: 6066 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 6066's dividend payments have increased, but the company has only paid a dividend for 5 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (32.6%), 6066's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 6066 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

6.3yrs

Average management tenure


CEO

Geping Li (54 yo)

4.17yrs

Tenure

CN¥4,564,000

Compensation

Mr. Geping Li has been Chief Financial Officer at CSC Financial Co., Ltd. since May 2018 and has been the General Manager and Director of CSC Financial Co., Ltd. since April 16, 2018.Mr. Li joined CSC Fin...


CEO Compensation Analysis

Compensation vs Market: Geping's total compensation ($USD682.28K) is below average for companies of similar size in the Hong Kong market ($USD1.03M).

Compensation vs Earnings: Geping's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 6066's management team is seasoned and experienced (6.3 years average tenure).


Board Members

Experienced Board: 6066's board of directors are considered experienced (4.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

CSC Financial Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: CSC Financial Co., Ltd.
  • Ticker: 6066
  • Exchange: SEHK
  • Founded: 2005
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Implied Market Cap: HK$229.304b
  • Shares outstanding: 7.76b
  • Website: https://www.csc108.com

Number of Employees


Location

  • CSC Financial Co., Ltd.
  • No. 188 Chaonei Avenue
  • Dongcheng District
  • Beijing
  • 100010
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/25 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.