China Merchants Securities Asset Management Co.,Ltd (STU:195H) Moat Score: 0/10 (As of Aug. 04, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:195H China Merchants Securities Asset Management Co.,Ltd STU:195H
68 GF Score
Price €1.56
GF Value €2.31
Valuation Significantly Undervalued
! 3 Warning Signs
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What is China Merchants Securities Asset Management Co.,Ltd Moat Score?

China Merchants Securities Asset Management Co.,Ltd has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

China Merchants Securities Asset Management Co.,Ltd has

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes China Merchants Securities Asset Management Co.,Ltd might have No Moat - No discernible moat.

China Merchants Securities Asset Management Co.,Ltd  (STU:195H) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

China Merchants Securities Asset Management Co.,Ltd Moat Score Related Terms

STU:195H
68GF Score
China Merchants Securities Asset Management Co.,Ltd STU:195H
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is China Merchants Securities Asset Management Co.,Ltd (STU:195H) Overvalued in 2026?

Based on GuruFocus' analysis, China Merchants Securities Asset Management Co.,Ltd stock appears to be undervalued. The current stock price of €1.56 is trading 32.5% below its estimated GF Value™ of €2.31. GuruFocus considers China Merchants Securities Asset Management Co.,Ltd to be Significantly Undervalued.

Key valuation signals for STU:195H:

  • Moat Score: 0
  • GF Value™: €2.31 vs. price of €1.56 (32.5% below fair value)
  • GF Score™: 68/100 with 3 warning signs

No single metric tells the full story. See the STU:195H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Merchants Securities Asset Management Co.,Ltd Business Description

Other Exchanges 06099:Hong Kong600999:China
Address No. 111, Fuhua Yi Road, Futian Street, Futian District, Guangdong Province, Shenzhen, CHN, 518046
China Merchants Securities Asset Management Co.,Ltd is a financial service provider. The company provides services like investment banking, financial advisory, equity underwriting, asset management, investment advisory, and trading equity securities, among others. Its business is divided into four segments: Wealth management and institutional business; Investment banking; Investment management; and Investment and trading. The Wealth management and institutional business segment, which generates key revenue, engages in the trading of stocks and futures contracts on behalf of clients and includes margin financing, securities lending, and selling financial and other wealth management products.
68GF Score

Get the complete analysis for STU:195H

Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.56
Price
€2.31
GF Value