600999:SSEChina Merchants Securities Co., Ltd. Class A Analysis
Data as of 2026-09-08 - not real-time
CN¥17.97
Latest Price
3/10Risk
Risk Level: Low
Executive Summary
The moving-average structure behind China Merchants Securities Co., Ltd. is neutral at ¥17.97, with no clear ordering between short and long averages. The last 30 days have gained 3.2%. With RSI at 43.6 the momentum picture is neutral, alongside a bullish MACD signal. Price has been bracketed by support at ¥17.55 and resistance at ¥18.93.
On valuation the read is undervalued — earnings multiple of 9.1 versus a 16.5 sector average, below the peer group. The average analyst target implies 17.9% above today's level. Revenue is growing at 157.9% on a 48.8% profit margin. The 3.14% dividend yield looks covered by current payout levels.
The composite risk read is 3/10, putting it in low territory. With 30-day volatility of 22.4%, a beta of 0.33 and a maximum drawdown of 24.1%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
Short, medium and long-term reads agree on buy, with conviction of 6/10.
On valuation the read is undervalued — earnings multiple of 9.1 versus a 16.5 sector average, below the peer group. The average analyst target implies 17.9% above today's level. Revenue is growing at 157.9% on a 48.8% profit margin. The 3.14% dividend yield looks covered by current payout levels.
The composite risk read is 3/10, putting it in low territory. With 30-day volatility of 22.4%, a beta of 0.33 and a maximum drawdown of 24.1%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
Short, medium and long-term reads agree on buy, with conviction of 6/10.
Top Market Events
Yahoo Finance16yChina Merchants Securities Co.Latest China Merchants Securities Co Ltd 600999:SHH share price with interactive charts, historical prices, comparative...Investing7monChina Merchants Securities Co.
Market Outlook
Short Term
< 1 yearPositive
Model confidence: 6/10
Key Factors
- Trading above the 200-day average of 17.27
- MACD momentum is positive
- Maximum drawdown of 24.1%
Medium Term
1–3 yearsPositive
Model confidence: 6/10
Key Factors
- P/E of 9.1 versus sector average of 16.5
- Trading above the 200-day average of 17.27
- Analyst targets imply +17.9% versus the current price
Long Term
> 3 yearsPositive
Model confidence: 6/10
Key Factors
- P/E of 9.1 versus sector average of 16.5
- Analyst targets imply +17.9% versus the current price
- Profit margin of 48.8% is healthy
Key Metrics & Analysis
Financial Health
Revenue Growth157.90%
Profit Margin48.81%
P/E Ratio9.1
ROE12.85%
ROA2.30%
Debt/Equity264.42
P/B Ratio1.2
Op. Cash FlowCN¥36.6B
Industry P/E16.5
Technical Analysis
TrendNeutral
RSI43.6
SupportCN¥17.55
ResistanceCN¥18.93
MA 20CN¥18.22
MA 50CN¥18.89
MA 200CN¥17.27
MACDBullish
VolumeIncreasing
Fear & Greed Index93.46
Valuation
Fair ValueCN¥107.24
Target PriceCN¥21.18
Upside/Downside17.85%
GradeUndervalued
TypeValue
Dividend Yield3.14%
Risk Assessment
Beta0.33
Volatility22.37%
Sector RiskMedium
Reg. RiskHigh
Geo RiskHigh
Currency RiskHigh
Liquidity RiskLow
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ETFThis analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.