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China Merchants Securities Co Ltd
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Let's analyse China Merchants Securities Co Ltd together

PenkeI guess you are interested in China Merchants Securities Co Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of China Merchants Securities Co Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of China Merchants Securities Co Ltd (30 sec.)










What can you expect buying and holding a share of China Merchants Securities Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
HK$0.12
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
HK$14.89
Expected worth in 1 year
HK$15.62
How sure are you?
79.2%

+ What do you gain per year?

Total Gains per Share
HK$1.69
Return On Investment
28.2%

For what price can you sell your share?

Current Price per Share
HK$5.98
Expected price per share
HK$5.57 - HK$6.46
How sure are you?
50%

1. Valuation of China Merchants Securities Co Ltd (5 min.)




Live pricePrice per Share (EOD)

HK$5.98

Intrinsic Value Per Share

HK$196.55 - HK$235.88

Total Value Per Share

HK$211.44 - HK$250.76

2. Growth of China Merchants Securities Co Ltd (5 min.)




Is China Merchants Securities Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$16.5b$15.4b$823m5.1%

How much money is China Merchants Securities Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$430.2m$325.8m$104.4m24.3%
Net Profit Margin39.5%44.5%--

How much money comes from the company's main activities?

3. Financial Health of China Merchants Securities Co Ltd (5 min.)




4. Comparing to competitors in the Capital Markets industry (5 min.)




  Industry Rankings (Capital Markets)  


Richest
#15 / 373

Most Revenue
#43 / 373

Most Profit
#20 / 373

What can you expect buying and holding a share of China Merchants Securities Co Ltd? (5 min.)

Welcome investor! China Merchants Securities Co Ltd's management wants to use your money to grow the business. In return you get a share of China Merchants Securities Co Ltd.

What can you expect buying and holding a share of China Merchants Securities Co Ltd?

First you should know what it really means to hold a share of China Merchants Securities Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of China Merchants Securities Co Ltd is HK$5.98. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of China Merchants Securities Co Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in China Merchants Securities Co Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is HK$14.89. Based on the TTM, the Book Value Change Per Share is HK$0.18 per quarter. Based on the YOY, the Book Value Change Per Share is HK$0.12 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is HK$0.24 per quarter.
Based on historical numbers we can estimate the returns while holding a share of China Merchants Securities Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps0.030.4%0.030.5%0.030.6%0.030.6%0.030.6%
Usd Book Value Change Per Share0.020.4%0.020.4%0.020.3%0.071.1%0.081.3%
Usd Dividend Per Share0.050.9%0.030.5%0.040.8%0.040.6%0.030.6%
Usd Total Gains Per Share0.081.3%0.050.9%0.061.0%0.101.7%0.111.9%
Usd Price Per Share0.88-0.94-1.17-1.20-1.25-
Price to Earnings Ratio8.23-8.74-8.88-9.34-10.57-
Price-to-Total Gains Ratio11.47-19.55--2.33-13.22-10.82-
Price to Book Ratio0.46-0.50-0.66-0.78-0.90-
Price-to-Total Gains Ratio11.47-19.55--2.33-13.22-10.82-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.764244
Number of shares1308
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.030.04
Usd Book Value Change Per Share0.020.07
Usd Total Gains Per Share0.050.10
Gains per Quarter (1308 shares)70.54133.70
Gains per Year (1308 shares)282.17534.81
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1159123272194341525
23182465543886821060
347836983658210221595
4637492111877613632130
5796615140097017042665
69557381682116420453200
711158611964135823853735
812749832246155227264270
9143311062528174630674805
10159212292810194034085340

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%24.00.00.0100.0%24.00.00.0100.0%
Book Value Change Per Share4.00.00.0100.0%9.03.00.075.0%15.05.00.075.0%17.07.00.070.8%17.07.00.070.8%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%24.00.00.0100.0%24.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%17.03.00.085.0%19.05.00.079.2%19.05.00.079.2%

Fundamentals of China Merchants Securities Co Ltd

About China Merchants Securities Co Ltd

China Merchants Securities Co., Ltd. operates wealth-management and institutional, investment banking, investment management, investment, and trading business in the People's Republic of China. The company trades in stocks, funds, bonds, futures, and other derivatives. It also offers value-added services, such as investment consultancy and portfolio recommendation, sales of products, account assessment, and assets allocation; and capital-based intermediary services, including margin financing, securities lending, and stock pledge repo; and investment research services comprising sales and trading, prime brokerage, and other services. In addition, the company provides domestic and international equity financing, debt and structured financing, over-the-counter listing, financial advisory, and other services to corporate clients; and investment management services, including collective asset management, separately managed account, specialized asset management, and equity investment fund management. Further, it company engages in proprietary trading and market-making business, which includes equity and fixed-income securities, commodities, alternative investment, over-the-counter financial products, and other derivatives. China Merchants Securities Co., Ltd. was founded in 1991 and is headquartered in Shenzhen, the People's Republic of China.

Fundamental data was last updated by Penke on 2024-03-28 01:41:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of China Merchants Securities Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit China Merchants Securities Co Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare China Merchants Securities Co Ltd to the Capital Markets industry mean.
  • A Net Profit Margin of 45.2% means that $0.45 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of China Merchants Securities Co Ltd:

  • The MRQ is 45.2%. The company is making a huge profit. +2
  • The TTM is 39.5%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ45.2%TTM39.5%+5.7%
TTM39.5%YOY44.5%-5.0%
TTM39.5%5Y39.4%+0.1%
5Y39.4%10Y38.6%+0.8%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ45.2%10.1%+35.1%
TTM39.5%10.0%+29.5%
YOY44.5%14.3%+30.2%
5Y39.4%13.2%+26.2%
10Y38.6%12.5%+26.1%
1.1.2. Return on Assets

Shows how efficient China Merchants Securities Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare China Merchants Securities Co Ltd to the Capital Markets industry mean.
  • 0.3% Return on Assets means that China Merchants Securities Co Ltd generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of China Merchants Securities Co Ltd:

  • The MRQ is 0.3%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.5%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.3%TTM0.5%-0.2%
TTM0.5%YOY0.4%+0.1%
TTM0.5%5Y0.6%-0.1%
5Y0.6%10Y0.6%0.0%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3%0.3%0.0%
TTM0.5%0.3%+0.2%
YOY0.4%0.4%0.0%
5Y0.6%0.4%+0.2%
10Y0.6%0.4%+0.2%
1.1.3. Return on Equity

Shows how efficient China Merchants Securities Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare China Merchants Securities Co Ltd to the Capital Markets industry mean.
  • 1.4% Return on Equity means China Merchants Securities Co Ltd generated $0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of China Merchants Securities Co Ltd:

  • The MRQ is 1.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.7%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.4%TTM2.7%-1.3%
TTM2.7%YOY2.1%+0.5%
TTM2.7%5Y2.7%-0.1%
5Y2.7%10Y2.7%+0.0%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4%1.4%+0.0%
TTM2.7%1.5%+1.2%
YOY2.1%2.0%+0.1%
5Y2.7%1.9%+0.8%
10Y2.7%2.0%+0.7%

1.2. Operating Efficiency of China Merchants Securities Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient China Merchants Securities Co Ltd is operating .

  • Measures how much profit China Merchants Securities Co Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare China Merchants Securities Co Ltd to the Capital Markets industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of China Merchants Securities Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ-15.5%-15.5%
TTM-12.3%-12.3%
YOY-16.4%-16.4%
5Y-8.3%-8.3%
10Y-8.9%-8.9%
1.2.2. Operating Ratio

Measures how efficient China Merchants Securities Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Capital Markets industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of China Merchants Securities Co Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.042-0.042
TTM0.042YOY0.105-0.063
TTM0.0425Y0.089-0.048
5Y0.08910Y0.173-0.083
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.082-1.082
TTM0.0420.996-0.954
YOY0.1050.964-0.859
5Y0.0890.918-0.829
10Y0.1730.879-0.706

1.3. Liquidity of China Merchants Securities Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if China Merchants Securities Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Capital Markets industry mean).
  • A Current Ratio of 0.00 means the company has $0.00 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of China Merchants Securities Co Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.730-0.730
TTM0.730YOY1.624-0.894
TTM0.7305Y1.265-0.535
5Y1.26510Y1.300-0.035
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.118-2.118
TTM0.7301.674-0.944
YOY1.6241.871-0.247
5Y1.2652.053-0.788
10Y1.3002.044-0.744
1.3.2. Quick Ratio

Measures if China Merchants Securities Co Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare China Merchants Securities Co Ltd to the Capital Markets industry mean.
  • A Quick Ratio of 0.00 means the company can pay off $0.00 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of China Merchants Securities Co Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM1.133-1.133
TTM1.133YOY1.331-0.198
TTM1.1335Y1.073+0.060
5Y1.07310Y1.094-0.022
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.502-1.502
TTM1.1331.260-0.127
YOY1.3311.311+0.020
5Y1.0731.672-0.599
10Y1.0941.590-0.496

1.4. Solvency of China Merchants Securities Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of China Merchants Securities Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare China Merchants Securities Co Ltd to Capital Markets industry mean.
  • A Debt to Asset Ratio of 0.81 means that China Merchants Securities Co Ltd assets are financed with 80.8% credit (debt) and the remaining percentage (100% - 80.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of China Merchants Securities Co Ltd:

  • The MRQ is 0.808. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.809. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.808TTM0.809-0.001
TTM0.809YOY0.813-0.004
TTM0.8095Y0.793+0.016
5Y0.79310Y0.782+0.011
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8080.631+0.177
TTM0.8090.616+0.193
YOY0.8130.621+0.192
5Y0.7930.608+0.185
10Y0.7820.590+0.192
1.4.2. Debt to Equity Ratio

Measures if China Merchants Securities Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare China Merchants Securities Co Ltd to the Capital Markets industry mean.
  • A Debt to Equity ratio of 421.9% means that company has $4.22 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of China Merchants Securities Co Ltd:

  • The MRQ is 4.219. The company is unable to pay all its debts with equity. -1
  • The TTM is 4.238. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ4.219TTM4.238-0.019
TTM4.238YOY4.341-0.103
TTM4.2385Y3.892+0.346
5Y3.89210Y3.687+0.205
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ4.2191.638+2.581
TTM4.2381.549+2.689
YOY4.3411.573+2.768
5Y3.8921.517+2.375
10Y3.6871.664+2.023

2. Market Valuation of China Merchants Securities Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings China Merchants Securities Co Ltd generates.

  • Above 15 is considered overpriced but always compare China Merchants Securities Co Ltd to the Capital Markets industry mean.
  • A PE ratio of 8.23 means the investor is paying $8.23 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of China Merchants Securities Co Ltd:

  • The EOD is 7.175. Based on the earnings, the company is cheap. +2
  • The MRQ is 8.231. Based on the earnings, the company is underpriced. +1
  • The TTM is 8.742. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD7.175MRQ8.231-1.056
MRQ8.231TTM8.742-0.511
TTM8.742YOY8.881-0.139
TTM8.7425Y9.341-0.600
5Y9.34110Y10.572-1.231
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
EOD7.1757.690-0.515
MRQ8.2317.099+1.132
TTM8.7426.434+2.308
YOY8.8819.106-0.225
5Y9.34110.214-0.873
10Y10.57211.445-0.873
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of China Merchants Securities Co Ltd:

  • The EOD is -1.860. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -2.133. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -0.910. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.860MRQ-2.133+0.274
MRQ-2.133TTM-0.910-1.223
TTM-0.910YOY-10.165+9.255
TTM-0.9105Y-2.856+1.946
5Y-2.85610Y-2.219-0.636
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
EOD-1.860-0.539-1.321
MRQ-2.133-0.524-1.609
TTM-0.910-0.185-0.725
YOY-10.1650.028-10.193
5Y-2.856-0.489-2.367
10Y-2.219-0.228-1.991
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of China Merchants Securities Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Capital Markets industry mean).
  • A PB ratio of 0.46 means the investor is paying $0.46 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of China Merchants Securities Co Ltd:

  • The EOD is 0.402. Based on the equity, the company is cheap. +2
  • The MRQ is 0.461. Based on the equity, the company is cheap. +2
  • The TTM is 0.503. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.402MRQ0.461-0.059
MRQ0.461TTM0.503-0.042
TTM0.503YOY0.657-0.155
TTM0.5035Y0.785-0.282
5Y0.78510Y0.899-0.115
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
EOD0.4021.028-0.626
MRQ0.4610.968-0.507
TTM0.5030.953-0.450
YOY0.6571.153-0.496
5Y0.7851.296-0.511
10Y0.8991.459-0.560
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of China Merchants Securities Co Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.1840.184+0%0.125+47%0.510-64%0.620-70%
Book Value Per Share--14.88614.636+2%13.896+7%12.830+16%12.394+20%
Current Ratio---0.730-100%1.624-100%1.265-100%1.300-100%
Debt To Asset Ratio--0.8080.8090%0.813-1%0.793+2%0.782+3%
Debt To Equity Ratio--4.2194.2380%4.341-3%3.892+8%3.687+14%
Dividend Per Share--0.4140.238+74%0.352+18%0.290+43%0.265+56%
Eps--0.2080.225-7%0.268-22%0.268-22%0.260-20%
Free Cash Flow Per Share---0.8041.529-153%0.765-205%0.425-289%0.134-699%
Free Cash Flow To Equity Per Share---0.8042.094-138%-0.214-73%0.841-196%0.693-216%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--235.879--------
Intrinsic Value_10Y_min--196.551--------
Intrinsic Value_1Y_max--5.275--------
Intrinsic Value_1Y_min--5.170--------
Intrinsic Value_3Y_max--29.843--------
Intrinsic Value_3Y_min--28.208--------
Intrinsic Value_5Y_max--71.282--------
Intrinsic Value_5Y_min--64.958--------
Market Cap7621629982.720-683%59658173889.16063941210312.570-7%79355807104.750-25%83987744818.876-29%89963897177.230-34%
Net Profit Margin--0.4520.395+15%0.445+2%0.394+15%0.386+17%
Operating Margin----0%-0%-0%-0%
Operating Ratio---0.042-100%0.105-100%0.089-100%0.173-100%
Pb Ratio0.402-15%0.4610.503-8%0.657-30%0.785-41%0.899-49%
Pe Ratio7.175-15%8.2318.742-6%8.881-7%9.341-12%10.572-22%
Price Per Share5.980-15%6.8607.353-7%9.125-25%9.398-27%9.795-30%
Price To Free Cash Flow Ratio-1.860+13%-2.133-0.910-57%-10.165+376%-2.856+34%-2.219+4%
Price To Total Gains Ratio9.997-15%11.46819.548-41%-2.326+120%13.222-13%10.817+6%
Quick Ratio---1.133-100%1.331-100%1.073-100%1.094-100%
Return On Assets--0.0030.005-47%0.004-32%0.006-53%0.006-55%
Return On Equity--0.0140.027-47%0.021-34%0.027-49%0.027-48%
Total Gains Per Share--0.5980.422+42%0.477+26%0.800-25%0.885-32%
Usd Book Value--16544529530.78516267103255.014+2%15444019713.657+7%14146747550.112+17%13483735026.241+23%
Usd Book Value Change Per Share--0.0240.023+0%0.016+47%0.065-64%0.079-70%
Usd Book Value Per Share--1.9021.871+2%1.776+7%1.640+16%1.584+20%
Usd Dividend Per Share--0.0530.030+74%0.045+18%0.037+43%0.034+56%
Usd Eps--0.0270.029-7%0.034-22%0.034-22%0.033-20%
Usd Free Cash Flow---893416019.5151698835683.978-153%850307694.869-205%529643215.179-269%228812097.107-490%
Usd Free Cash Flow Per Share---0.1030.195-153%0.098-205%0.054-289%0.017-699%
Usd Free Cash Flow To Equity Per Share---0.1030.268-138%-0.027-73%0.107-196%0.089-216%
Usd Market Cap974044311.792-683%7624314623.0358171686677.946-7%10141672147.987-25%10733633787.852-29%11497386059.250-34%
Usd Price Per Share0.764-15%0.8770.940-7%1.166-25%1.201-27%1.252-30%
Usd Profit--231576927.744430282268.449-46%325825916.995-29%380365469.371-39%361011779.100-36%
Usd Revenue--512005844.6771240481814.305-59%738897867.979-31%1032306486.124-50%1004669913.857-49%
Usd Total Gains Per Share--0.0760.054+42%0.061+26%0.102-25%0.113-32%
 EOD+3 -5MRQTTM+17 -17YOY+17 -175Y+10 -2410Y+11 -23

3.2. Fundamental Score

Let's check the fundamental score of China Merchants Securities Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-157.175
Price to Book Ratio (EOD)Between0-10.402
Net Profit Margin (MRQ)Greater than00.452
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.808
Debt to Equity Ratio (MRQ)Less than14.219
Return on Equity (MRQ)Greater than0.150.014
Return on Assets (MRQ)Greater than0.050.003
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of China Merchants Securities Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose5.980
Total0/1 (0.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in CNY. All numbers in thousands.

Summary
Total Assets624,017,113
Total Liabilities504,382,687
Total Stockholder Equity119,552,668
 As reported
Total Liabilities 504,382,687
Total Stockholder Equity+ 119,552,668
Total Assets = 624,017,113

Assets

Total Assets624,017,113
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 225,082,887
Total Current Assets  (as reported)0
Total Current Assets  (calculated)225,082,887
+/- 225,082,887
Long-term Assets
Property Plant Equipment 2,670,541
Goodwill 9,671
Long Term Investments 352,796,470
Intangible Assets 535,197
Long-term Assets  (as reported)0
Long-term Assets  (calculated)356,011,878
+/- 356,011,878

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity119,552,668
Total Current Liabilities
Accounts payable 37,012,945
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)37,012,945
+/- 37,012,945
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 32,987,573
Total Stockholder Equity (as reported)119,552,668
Total Stockholder Equity (calculated)32,987,573
+/- 86,565,094
Other
Capital Stock8,696,527
Common Stock Shares Outstanding 8,696,527
Net Invested Capital 284,039,384
Property Plant and Equipment Gross 2,670,541



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-06-302017-12-312017-06-302016-12-31
> Total Assets 
243,058,427
242,817,150
285,643,555
298,078,432
304,930,705
328,828,892
350,358,975
371,998,800
381,771,889
404,248,953
422,987,267
479,123,776
499,726,678
531,966,640
586,373,335
613,841,971
597,221,128
602,653,646
601,076,312
582,560,572
611,677,015
600,539,320
627,554,072
624,017,113
624,017,113627,554,072600,539,320611,677,015582,560,572601,076,312602,653,646597,221,128613,841,971586,373,335531,966,640499,726,678479,123,776422,987,267404,248,953381,771,889371,998,800350,358,975328,828,892304,930,705298,078,432285,643,555242,817,150243,058,427
   > Total Current Assets 
209,808,068
206,953,450
258,594,969
270,769,330
277,463,968
0
323,716,714
302,671,649
313,272,012
334,823,740
355,938,411
415,110,174
430,017,015
466,201,741
519,287,141
540,029,379
538,666,651
536,822,537
527,643,725
509,613,651
529,715,141
0
547,672,063
0
0547,672,0630529,715,141509,613,651527,643,725536,822,537538,666,651540,029,379519,287,141466,201,741430,017,015415,110,174355,938,411334,823,740313,272,012302,671,649323,716,7140277,463,968270,769,330258,594,969206,953,450209,808,068
       Cash And Cash Equivalents 
10,945,276
10,940,068
15,234,969
16,579,756
15,227,701
19,496,540
17,045,751
19,377,403
17,252,506
21,367,620
20,309,333
26,534,966
196,189,515
207,323,822
231,308,200
232,840,176
39,015,164
225,973,896
232,935,108
214,733,747
22,524,645
236,746,454
14,080,891
225,082,887
225,082,88714,080,891236,746,45422,524,645214,733,747232,935,108225,973,89639,015,164232,840,176231,308,200207,323,822196,189,51526,534,96620,309,33321,367,62017,252,50619,377,40317,045,75119,496,54015,227,70116,579,75615,234,96910,940,06810,945,276
       Short-term Investments 
86,748,694
85,163,637
88,652,074
97,996,940
83,071,392
0
90,230,879
0
96,845,399
0
227,618,172
0
261,542,925
0
317,108,491
0
333,881,842
0
330,810,937
0
342,880,871
0
353,855,593
0
0353,855,5930342,880,8710330,810,9370333,881,8420317,108,4910261,542,9250227,618,172096,845,399090,230,879083,071,39297,996,94088,652,07485,163,63786,748,694
       Net Receivables 
55,344,304
54,450,126
1,837,304
1,869,490
2,660,188
0
2,561,493
3,351,955
58,082,459
2,494,564
64,762,724
3,737,301
82,999,007
1,100,724
105,892,467
1,046,654
101,907,416
609,263
86,339,461
1,338,771
82,550,812
0
83,520,887
0
083,520,887082,550,8121,338,77186,339,461609,263101,907,4161,046,654105,892,4671,100,72482,999,0073,737,30164,762,7242,494,56458,082,4593,351,9552,561,49302,660,1881,869,4901,837,30454,450,12655,344,304
       Other Current Assets 
17,818,345
26,359,826
44,290,451
47,400,146
41,354,130
0
54,381,299
57,669,719
81,982,937
65,745,521
89,010,431
97,449,681
115,532,631
104,315,908
140,965,365
118,561,635
138,027,053
109,345,783
143,283,990
101,318,754
141,090,683
0
178,229,924
0
0178,229,9240141,090,683101,318,754143,283,990109,345,783138,027,053118,561,635140,965,365104,315,908115,532,63197,449,68189,010,43165,745,52181,982,93757,669,71954,381,299041,354,13047,400,14644,290,45126,359,82617,818,345
   > Long-term Assets 000000000000000000000000
       Property Plant Equipment 
1,779,170
1,773,843
2,030,004
2,038,092
1,849,895
0
3,437,975
2,749,956
2,730,584
2,679,731
2,675,204
2,666,048
2,746,259
2,704,797
2,676,025
2,671,411
2,725,397
2,703,034
2,699,833
2,698,585
2,717,904
2,741,066
2,706,797
2,670,541
2,670,5412,706,7972,741,0662,717,9042,698,5852,699,8332,703,0342,725,3972,671,4112,676,0252,704,7972,746,2592,666,0482,675,2042,679,7312,730,5842,749,9563,437,97501,849,8952,038,0922,030,0041,773,8431,779,170
       Goodwill 
9,671
9,671
9,671
9,671
9,671
9,671
9,671
9,671
9,671
9,671
9,671
9,671
9,671
9,671
9,671
9,671
9,671
9,671
9,671
9,671
9,671
9,671
9,671
9,671
9,6719,6719,6719,6719,6719,6719,6719,6719,6719,6719,6719,6719,6719,6719,6719,6719,6719,6719,6719,6719,6719,6719,6719,671
       Long Term Investments 
10,860,344
16,434,350
18,250,811
41,201,824
29,124,640
157,804,767
184,223,168
199,291,120
203,472,224
203,175,169
213,145,789
243,975,031
238,604,121
261,167,734
300,516,517
327,688,547
321,306,982
322,195,379
325,195,527
318,074,022
319,262,947
320,457,560
344,410,694
352,796,470
352,796,470344,410,694320,457,560319,262,947318,074,022325,195,527322,195,379321,306,982327,688,547300,516,517261,167,734238,604,121243,975,031213,145,789203,175,169203,472,224199,291,120184,223,168157,804,76729,124,64041,201,82418,250,81116,434,35010,860,344
       Intangible Assets 
23,429
22,237
21,579
21,727
19,121
447,754
18,374
442,183
15,855
434,051
15,178
427,247
429,723
429,321
425,332
438,898
35,602
430,149
430,713
428,336
42,611
431,758
102,459
535,197
535,197102,459431,75842,611428,336430,713430,14935,602438,898425,332429,321429,723427,24715,178434,05115,855442,18318,374447,75419,12121,72721,57922,23723,429
> Total Liabilities 
183,143,389
166,191,383
206,413,406
219,728,412
224,207,859
245,921,143
268,121,176
288,496,683
296,723,568
316,750,500
333,564,456
372,342,206
393,901,966
424,027,352
479,270,738
504,131,319
484,718,098
493,651,148
489,599,515
468,836,586
496,502,420
482,990,751
509,398,298
504,382,687
504,382,687509,398,298482,990,751496,502,420468,836,586489,599,515493,651,148484,718,098504,131,319479,270,738424,027,352393,901,966372,342,206333,564,456316,750,500296,723,568288,496,683268,121,176245,921,143224,207,859219,728,412206,413,406166,191,383183,143,389
   > Total Current Liabilities 
131,205,989
149,936,777
176,365,849
186,108,051
183,728,438
0
212,162,927
218,970,555
236,584,449
245,079,495
265,499,213
278,561,136
287,443,123
306,651,805
369,904,837
353,165,503
309,015,129
341,305,811
330,654,765
321,619,036
337,777,434
0
404,666,283
0
0404,666,2830337,777,434321,619,036330,654,765341,305,811309,015,129353,165,503369,904,837306,651,805287,443,123278,561,136265,499,213245,079,495236,584,449218,970,555212,162,9270183,728,438186,108,051176,365,849149,936,777131,205,989
       Short-term Debt 
98,609,893
86,420,611
88,510,084
103,360,571
101,218,894
0
113,061,766
0
141,537,174
0
144,004,646
0
169,768,010
0
202,411,658
0
166,345,292
0
160,754,050
0
168,306,812
0
176,916,026
0
0176,916,0260168,306,8120160,754,0500166,345,2920202,411,6580169,768,0100144,004,6460141,537,1740113,061,7660101,218,894103,360,57188,510,08486,420,61198,609,893
       Short Long Term Debt 
98,609,893
86,420,611
138,768,498
10,115,685
0
0
15,490,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000015,490,0000010,115,685138,768,49886,420,61198,609,893
       Accounts payable 
6,540,993
5,953,561
5,009,363
0
0
2,548,809
2,645,577
4,661,411
3,149,435
82,848,262
969,410
82,433,119
7,241,096
106,603,583
3,950,786
132,333,092
5,106,756
131,722,279
2,599,654
124,920,380
111,767,276
34,121,049
115,712,249
37,012,945
37,012,945115,712,24934,121,049111,767,276124,920,3802,599,654131,722,2795,106,756132,333,0923,950,786106,603,5837,241,09682,433,119969,41082,848,2623,149,4354,661,4112,645,5772,548,809005,009,3635,953,5616,540,993
       Other Current Liabilities 
8,143,121
12,868,551
8,359,798
8,450,772
10,494,199
0
11,177,794
10,519,119
8,820,207
18,080,508
4,988,652
16,869,494
12,748,255
21,613,666
24,448,825
25,202,046
22,744,719
28,867,076
39,502,332
35,693,561
47,508,848
0
41,114,281
0
041,114,281047,508,84835,693,56139,502,33228,867,07622,744,71925,202,04624,448,82521,613,66612,748,25516,869,4944,988,65218,080,5088,820,20710,519,11911,177,794010,494,1998,450,7728,359,79812,868,5518,143,121
   > Long-term Liabilities 000000000000000000000000
       Long term Debt Total 
0
0
28,795,460
32,576,847
36,943,752
0
51,967,257
0
51,766,143
0
47,737,150
0
57,425,460
0
83,983,215
0
115,368,331
0
89,068,361
0
72,587,177
0
69,780,999
0
069,780,999072,587,177089,068,3610115,368,331083,983,215057,425,460047,737,150051,766,143051,967,257036,943,75232,576,84728,795,46000
       Deferred Long Term Liability 
219,403
203,579
231,104
201,607
254,877
0
232,473
0
299,321
0
300,793
0
362,232
0
383,892
0
479,838
0
481,909
0
599,945
0
515,332
0
0515,3320599,9450481,9090479,8380383,8920362,2320300,7930299,3210232,4730254,877201,607231,104203,579219,403
> Total Stockholder Equity
59,826,337
76,537,136
79,230,149
78,350,020
80,722,846
82,833,435
82,237,799
83,417,363
85,048,321
87,414,704
89,422,811
106,691,426
105,736,804
107,853,583
107,013,638
109,625,250
112,503,030
108,910,480
111,382,484
113,628,071
115,174,595
117,465,223
118,155,774
119,552,668
119,552,668118,155,774117,465,223115,174,595113,628,071111,382,484108,910,480112,503,030109,625,250107,013,638107,853,583105,736,804106,691,42689,422,81187,414,70485,048,32183,417,36382,237,79982,833,43580,722,84678,350,02079,230,14976,537,13659,826,337
   Common Stock
6,699,409
6,699,409
6,699,409
6,699,409
6,699,409
0
6,699,409
6,699,409
6,699,409
6,699,409
6,699,409
8,696,527
8,696,527
8,696,527
8,696,527
8,696,527
8,696,527
8,696,527
8,696,527
8,696,527
8,696,526
0
8,696,527
0
08,696,52708,696,5268,696,5278,696,5278,696,5278,696,5278,696,5278,696,5278,696,5278,696,5278,696,5276,699,4096,699,4096,699,4096,699,4096,699,40906,699,4096,699,4096,699,4096,699,4096,699,409
   Retained Earnings 
25,856,562
27,142,633
57,318,073
56,334,967
58,552,291
18,994,600
59,816,170
19,488,730
35,657,511
37,255,093
39,593,597
42,328,753
41,433,723
43,848,533
42,958,877
45,516,964
48,476,729
49,809,469
47,278,956
49,273,581
91,420,643
31,045,878
53,619,845
32,987,573
32,987,57353,619,84531,045,87891,420,64349,273,58147,278,95649,809,46948,476,72945,516,96442,958,87743,848,53341,433,72342,328,75339,593,59737,255,09335,657,51119,488,73059,816,17018,994,60058,552,29156,334,96757,318,07327,142,63325,856,562
   Accumulated Other Comprehensive Income 000000000000000000000000
   Capital Surplus 000000000000000000000000
   Treasury Stock000000000000000-663,95400000000



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue17,249,123
Cost of Revenue--
Gross Profit-17,249,123
 
Operating Income (+$)
Gross Profit-
Operating Expense--
Operating Income-0
 
Operating Expense (+$)
Research Development-
Selling General Administrative8,533,627
Selling And Marketing Expenses-
Operating Expense-8,533,627
 
Net Interest Income (+$)
Interest Income10,838,552
Interest Expense-9,089,902
Other Finance Cost-0
Net Interest Income1,748,650
 
Pretax Income (+$)
Operating Income-
Net Interest Income1,748,650
Other Non-Operating Income Expenses-
Income Before Tax (EBT)8,627,7760
EBIT - interestExpense = -9,089,902
8,191,481
17,281,383
Interest Expense9,089,902
Earnings Before Interest and Taxes (EBIT)-17,717,678
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax8,627,776
Tax Provision-434,081
Net Income From Continuing Ops8,193,6958,193,695
Net Income8,191,481
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net--1,748,650
 

Technical Analysis of China Merchants Securities Co Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of China Merchants Securities Co Ltd. The general trend of China Merchants Securities Co Ltd is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine China Merchants Securities Co Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator StateBullish trend Bearish trend
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of China Merchants Securities Co Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 6.13 < 6.43 < 6.46.

The bearish price targets are: 5.75 > 5.63 > 5.57.

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China Merchants Securities Co Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of China Merchants Securities Co Ltd. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

China Merchants Securities Co Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of China Merchants Securities Co Ltd.

China Merchants Securities Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartChina Merchants Securities Co Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of China Merchants Securities Co Ltd. The current adx is .

China Merchants Securities Co Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of China Merchants Securities Co Ltd.

China Merchants Securities Co Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of China Merchants Securities Co Ltd.

China Merchants Securities Co Ltd Daily Relative Strength Index (RSI) ChartChina Merchants Securities Co Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of China Merchants Securities Co Ltd.

China Merchants Securities Co Ltd Daily Stochastic Oscillator ChartChina Merchants Securities Co Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of China Merchants Securities Co Ltd.

China Merchants Securities Co Ltd Daily Commodity Channel Index (CCI) ChartChina Merchants Securities Co Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of China Merchants Securities Co Ltd.

China Merchants Securities Co Ltd Daily Chande Momentum Oscillator (CMO) ChartChina Merchants Securities Co Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of China Merchants Securities Co Ltd.

China Merchants Securities Co Ltd Daily Williams %R ChartChina Merchants Securities Co Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of China Merchants Securities Co Ltd.

China Merchants Securities Co Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of China Merchants Securities Co Ltd.

China Merchants Securities Co Ltd Daily Average True Range (ATR) ChartChina Merchants Securities Co Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of China Merchants Securities Co Ltd.

China Merchants Securities Co Ltd Daily On-Balance Volume (OBV) ChartChina Merchants Securities Co Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of China Merchants Securities Co Ltd.

China Merchants Securities Co Ltd Daily Money Flow Index (MFI) ChartChina Merchants Securities Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for China Merchants Securities Co Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-15WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-06MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-22ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-24SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-23MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

China Merchants Securities Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of China Merchants Securities Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose5.980
Total0/1 (0.0%)
Penke

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