CSC Financial
Market Cap
HK$102.5b
Last Updated
2021/01/22 10:14 UTC
Data Sources
Company Financials +
Executive Summary
CSC Financial Co., Ltd., together with its subsidiaries, provides investment banking services in Mainland China and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Good value with acceptable track record.
Similar Companies
Share Price & News
How has CSC Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
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.
Market Performance
7 Day Return
10.4%
6066
11.4%
HK Capital Markets
5.1%
HK Market
1 Year Return
86.2%
6066
50.1%
HK Capital Markets
17.5%
HK Market
Return vs Industry: 6066 exceeded the Hong Kong Capital Markets industry which returned 50.1% over the past year.
Return vs Market: 6066 exceeded the Hong Kong Market which returned 17.5% over the past year.
Shareholder returns
| 6066 | Industry | Market | |
|---|---|---|---|
| 7 Day | 10.4% | 11.4% | 5.1% |
| 30 Day | 29.8% | 27.1% | 15.0% |
| 90 Day | 27.2% | 29.0% | 19.7% |
| 1 Year | 92.2%86.2% | 53.5%50.1% | 22.1%17.5% |
| 3 Year | 89.3%69.4% | -1.5%-8.9% | -1.4%-11.8% |
| 5 Year | n/a | 58.7%38.7% | 73.0%43.6% |
Long-Term Price Volatility Vs. Market
How volatile is CSC Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall St
I Ran A Stock Scan For Earnings Growth And CSC Financial (HKG:6066) Passed With Ease1 month ago | Simply Wall St
Analysts Just Published A Bright New Outlook For CSC Financial Co., Ltd.'s (HKG:6066)1 month ago | Simply Wall St
Did CSC Financial's (HKG:6066) Share Price Deserve to Gain 89%?Valuation
Is CSC Financial undervalued compared to its fair value and its price relative to the market?
28.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 6066 (HK$12.72) is trading below our estimate of fair value (HK$17.82)
Significantly Below Fair Value: 6066 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6066 is good value based on its PE Ratio (9.5x) compared to the HK Capital Markets industry average (14.7x).
PE vs Market: 6066 is good value based on its PE Ratio (9.5x) compared to the Hong Kong market (12x).
Price to Earnings Growth Ratio
PEG Ratio: 6066 is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: 6066 is overvalued based on its PB Ratio (1.3x) compared to the HK Capital Markets industry average (0.5x).
Next Steps
Future Growth
How is CSC Financial forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
3.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6066's forecast earnings growth (3.9% per year) is above the savings rate (1.5%).
Earnings vs Market: 6066's earnings (3.9% per year) are forecast to grow slower than the Hong Kong market (21.6% per year).
High Growth Earnings: 6066's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6066's revenue (12.6% per year) is forecast to grow slower than the Hong Kong market (14.4% per year).
High Growth Revenue: 6066's revenue (12.6% 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 (14.1%).
Next Steps
Past Performance
How has CSC Financial performed over the past 5 years?
-3.3%
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 (42.7%) are higher than last year (33.6%).
Past Earnings Growth Analysis
Earnings Trend: 6066's earnings have declined by 3.3% per year over the past 5 years.
Accelerating Growth: 6066's earnings growth over the past year (98.4%) exceeds its 5-year average (-3.3% per year).
Earnings vs Industry: 6066 earnings growth over the past year (98.4%) exceeded the Capital Markets industry 14.1%.
Return on Equity
High ROE: 6066's Return on Equity (14.8%) is considered low.
Next Steps
Financial Health
How is CSC Financial's financial position?
Financial Position Analysis
Short Term Liabilities: 6066's short term assets (CN¥303.9B) exceed its short term liabilities (CN¥225.0B).
Long Term Liabilities: 6066's short term assets (CN¥303.9B) exceed its long term liabilities (CN¥66.7B).
Debt to Equity History and Analysis
Debt Level: 6066's debt to equity ratio (317.7%) is considered high.
Reducing Debt: 6066's debt to equity ratio has increased from 239.4% to 317.7% 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
Next Steps
Dividend
What is CSC Financial current dividend yield, its reliability and sustainability?
2.22%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6066's dividend (2.22%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.06%).
High Dividend: 6066's dividend (2.22%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.48%).
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 4 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.1%), 6066's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 6066's dividends in 3 years are forecast to be well covered by earnings (35.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Geping Li (53 yo)
2.75yrs
Tenure
CN¥3,382,000
Compensation
Mr. Li Geping 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 ($USD523.39K) is below average for companies of similar size in the Hong Kong market ($USD764.23K).
Compensation vs Earnings: Geping's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 2.75yrs | CN¥10.04m | no data | |
| CFO, GM & Executive Director | 2.75yrs | CN¥3.38m | no data | |
| Administrative Head of Investment Banking Department | 9.75yrs | no data | no data | |
| Chief Information Officer & Administrative Head of the IT Department | 2.42yrs | no data | no data | |
| Chief Compliance Officer & Administrative Head of the Legal and Compliance Department | 1.67yrs | no data | no data | |
| Administrative Head of Human Resources Department | 9.17yrs | no data | no data | |
| Chief Risk Officer & Administrative Head of the Risk Management Department | no data | no data | no data | |
| Administrative Head of Financial Planning Department & Employee Representative Supervisor | 1.83yrs | no data | no data | |
| Employee Representative Supervisor & Administrative Head of Internal Audit Department | 2.75yrs | no data | no data | |
| Administrative Head of Executive Office & Secretary | 7yrs | CN¥5.85m | no data | |
| Joint Company Secretary | no data | no data | no data | |
| Joint Company Secretary | no data | no data | no data |
2.8yrs
Average Tenure
49yo
Average Age
Experienced Management: 6066's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 2.75yrs | CN¥10.04m | no data | |
| CFO, GM & Executive Director | 2.75yrs | CN¥3.38m | no data | |
| Administrative Head of Financial Planning Department & Employee Representative Supervisor | 1.83yrs | no data | no data | |
| Employee Representative Supervisor & Administrative Head of Internal Audit Department | 2.75yrs | no data | no data | |
| Independent Non-Executive Director | 5.75yrs | CN¥210.00k | no data | |
| Independent Non-Executive Director | 5.75yrs | CN¥210.00k | no data | |
| Non-Executive Director | 9.83yrs | no data | no data | |
| Independent Non-Executive Director | 4.42yrs | CN¥210.00k | no data | |
| Independent Non-Executive Director | 4.42yrs | CN¥210.00k | no data | |
| Independent Non-Executive Director | 4.42yrs | CN¥210.00k | no data | |
| Non-Executive Director | 3yrs | no data | no data | |
| Non-Executive Vice Chairman | 0.33yr | no data | no data |
3.7yrs
Average Tenure
52.5yo
Average Age
Experienced Board: 6066's board of directors are considered experienced (3.7 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
CSC Financial Co., Ltd.'s company bio, 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
- Market Cap: HK$102.544b
- Shares outstanding: 7.76b
- Website: https://www.csc108.com
Number of Employees
Location
- CSC Financial Co., Ltd.
- No. 188 Chaonei Avenue
- Dongcheng District
- Beijing
- Beijing Province
- 100010
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 6066 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Dec 2016 |
| CS0 | DB (Deutsche Boerse AG) | Yes | Foreign Shares-Foreign Listed | DE | EUR | Dec 2016 |
| 6066 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Dec 2016 |
| 6066 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Dec 2016 |
| 601066 | SHSE (Shanghai Stock Exchange) | Domestic Shares | CN | CNY | Jun 2018 | |
| 601066 | XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect) | Domestic Shares | CN | CNY | Jun 2018 |
Biography
CSC Financial Co., Ltd., together with its subsidiaries, provides investment banking services in Mainland China and internationally. The company operates through Investment Banking, Wealth Management, Trad...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 10:14 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.