Bright Smart Securities & Commodities Group Limited

Bright Smart Securities & Commodities Group Limited

HHKEX:1428
5.97
HKD
+0.25
(+4.28%)
19.82BMarket Cap
Bright Smart Securities & Commodities Group Limited
HKEX:1428
(Hong Kong Exchange)

Recent

price

5.97

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
HKD
0.27
0.3
0.27
0.36
0.36
0.4
0.33
0.56
0.49
0.51
0.76
0.63
0.52
0.54
0.57
0.59
- -
Revenue per Share
0.06
0.08
0.09
0.14
0.15
0.19
0.16
0.3
0.26
0.28
0.41
0.33
0.37
0.33
0.36
0.39
- -
Basic EPS, GAAP
-0.41
0.35
-1.38
-0.92
-8.06
6.9
-1.5
-1.75
2.65
1.32
-4.57
3.94
1.21
0.83
-0.1
-0.32
- -
Free Cash Flow per Basic Share
0.19
0.02
0.02
0.02
0.04
0.04
0.06
0.05
0.09
0.88
0.28
0.13
0.8
0.5
0.33
- -
- -
Dividend per Share
0.56
0.62
0.66
0.81
1.03
1.2
1.3
1.55
1.72
1.12
1.26
1.46
1.02
0.85
0.88
1.28
1.28
Book Value per Share
0.56
0.62
0.66
0.81
1.03
1.2
1.3
1.55
1.72
1.12
1.25
1.45
1.02
0.85
0.88
1.28
1.28
Tangible Book Value per Share
705
753
1,004
1,156
1,436
1,696
1,697
1,697
1,697
1,697
1,697
1,697
1,697
1,697
1,697
1,697
1,697
Basic Weighted Avg Shares
188
229
273
410
517
676
563
944
830
864
1,285
1,068
882
909
972
1,008
- -
Sales/Revenue/Turnover
33.85
21.43
24.06
40.57
45.92
52.24
43.5
58.94
52.03
51.79
61.85
56.17
55.74
59.14
51.79
57.5
- -
Operating Margin (%)
7
11
13
15
14
13
11
19
19
90
80
78
74
66
59
54
- -
Depreciation Expense
41
61
92
167
218
325
272
516
441
471
704
562
621
559
618
670
- -
Net Income, GAAP
16.48
17.33
13.93
15.18
14.92
15.17
13.57
14.07
11.67
10.95
13.86
14.43
10.34
7.64
8.83
10.37
- -
Effective Tax Rate (%)
21.58
26.51
33.75
40.63
42.26
48.15
48.34
54.65
53.1
54.51
54.77
52.57
70.38
61.49
63.52
66.47
- -
Profit Margin (%)
396
459
671
911
1,614
1,776
2,079
2,423
2,797
1,708
1,944
2,296
1,604
1,309
1,344
2,023
2,023
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
59
7
51
9
49
3
45
45
LT Debt
442
494
757
1,004
1,741
2,037
2,200
2,637
2,923
1,902
2,131
2,471
1,734
1,444
1,502
2,172
2,172
Total Equity
5.08
6.5
6.32
6.56
2.86
3.83
5.4
7.26
6.56
10.55
9.8
6.23
10.36
13.86
14.43
12.38
- -
Return on Invested Capital (%)
5.12
6.53
6.34
6.59
2.87
3.84
5.42
7.29
6.58
10.56
9.83
6.25
10.37
13.86
14.45
12.41
- -
Return on Capital (%)
13.68
12.97
14.74
18.93
15.91
17.23
12.83
21.34
15.86
19.52
34.91
24.4
29.51
35.16
41.93
36.49
- -
Return on Common Equity (%)

Capital Structure

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
4,420
5,614
4,883
LT Borrowings
- -
- -
- -
LT Finance Leases
3
6
45
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,697
1,697
1,697
Market Capitalization
4,685
15,496
19,824

Working Capital

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
7,529
10,061
9,386
Cash, Cash Equivalents & STI
478
641
516
Accounts Receivable, Net
7,012
9,383
8,854
Inventories
- -
- -
- -
Total Current Liabilities
6,185
8,342
7,363
Payables & Accruals
- -
- -
- -
ST Debt
4,420
5,614
4,883
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.38%
3.61%
44.63%
Free Cash Flow
-102.02%
-33.87%
229.65%
Net Income, GAAP
11.44%
-0.12%
8.52%
Sales/Revenue/Turnover
7.13%
-4.12%
3.7%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
909
2025
- -
- -
972
2026
- -
- -
1,008

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.33
2025
- -
- -
0.36
2026
- -
- -
0.39

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.5
2025
- -
- -
0.33
2026
- -
- -
- -
Business
Bright Smart Securities & Commodities Group Limited Bright Smart Securities & Commodities Group Limited is an investment holding company that provides financial services in Hong Kong. The company operates through three main segments: Securities Broking, which offers broking services in securities traded on the Hong Kong Stock Exchange and selected overseas markets including US, UK, Australia, Japan, Shanghai-Hong Kong Stock Connect A shares, Shenzhen-Hong Kong Stock Connect A shares, and China B shares, along with margin financing, IPO subscription, stock futures and options trading, custodian and nominee services; Commodities and Futures Broking, which provides broking in commodities, futures contracts, index futures and options, and global futures traded in Hong Kong and overseas markets; and Bullion Trading, which includes trading services in precious metals and bullion contracts traded overseas, as well as leveraged foreign exchange trading. It also offers asset management services, administrative services, and produces and broadcasts finance programs via its Bright Smart Financial Channel. Founded in 1995 by Yip Mow Lum and headquartered at Wing On House in Central, Hong Kong, the company serves retail and institutional clients through online platforms like the Baobao and Doudou mobile apps, SHARP POINT and Meta Trader4 trading systems, a 24-hour global market support hotline, and multiple branches across Hong Kong, with approximately 195 employees and over 560,000 customer accounts managing close to HK$54 billion in assets. In April 2025, Ant Group, the fintech arm of Alibaba, agreed to acquire a 50.55% controlling stake from chairman Yip Mow Lum for approximately HK$2.81 billion at HK$3.28 per share, a transaction approved by Hong Kong's Securities and Futures Commission in September 2025 but pending approval from China's National Development and Reform Commission as of November 2025, with plans post-closing to invest in infrastructure upgrades, technology enhancements, and operational efficiency while maintaining the listing and core business operations.