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China Merchants Securities Asset Management Co.,Ltd (STU:195H) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
China Merchants Securities Asset Management Co.,Ltd Net Margin % Related Terms
China Merchants Securities Asset Management Co.,Ltd Net Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
China Merchants Securities Asset Management Co.,Ltd Net Margin % Chart
China Merchants Securities Asset Management Co.,Ltd Annual Data
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
China Merchants Securities Asset Management Co.,Ltd Net Margin % vs Capital Markets Industry
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
China Merchants Securities Asset Management Co.,Ltd (STU:195H) has a Net Margin % of 49.38% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on China Merchants Securities Asset Management Co.,Ltd and its competitors. This is near median its historical median of 46.11. Over the past decade, China Merchants Securities Asset Management Co.,Ltd's Net Margin % has ranged from 40.85 to 53.53. According to the industry distribution chart, China Merchants Securities Asset Management Co.,Ltd ranks #125 out of 774 companies in the Capital Markets industry, placing it in the top 16.1%.
Is China Merchants Securities Asset Management Co.,Ltd's Net Margin % too high?
China Merchants Securities Asset Management Co.,Ltd's current Net Margin % of 49.38% is near median its 10-year median of 46.11. Over the past 10 years, this metric has ranged from a low of 40.85 to a high of 53.53. The Capital Markets industry median Net Margin % is 14.97. China Merchants Securities Asset Management Co.,Ltd's value of 49.38% is 229.9% above this industry median. Based on the distribution chart, China Merchants Securities Asset Management Co.,Ltd ranks #125 out of 774 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, China Merchants Securities Asset Management Co.,Ltd has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Merchants Securities Asset Management Co.,Ltd's Net Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, China Merchants Securities Asset Management Co.,Ltd ranks #125 out of 774 companies for Net Margin %. This places China Merchants Securities Asset Management Co.,Ltd in the top 16% of its industry — outperforming the majority of peers. The industry median Net Margin % is 14.97. China Merchants Securities Asset Management Co.,Ltd's value of 49.38% is 229.9% above this benchmark. Historically, China Merchants Securities Asset Management Co.,Ltd's own Net Margin % has ranged from 40.85 to 53.53 over the past decade. While the company's 10-year median is 46.11 vs. the industry median of 14.97, China Merchants Securities Asset Management Co.,Ltd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Capital Markets company?
The median Net Margin % among Capital Markets companies is 14.97, based on 774 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Merchants Securities Asset Management Co.,Ltd's current Net Margin % of 49.38% is 229.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on China Merchants Securities Asset Management Co.,Ltd and its competitors. For the Capital Markets industry, the median Net Margin % is 14.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Merchants Securities Asset Management Co.,Ltd's current Net Margin % is 49.38%, which is near median its own 10-year median of 46.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Securities Asset Management Co.,Ltd stock overvalued right now?
Based on GuruFocus' analysis, China Merchants Securities Asset Management Co.,Ltd (STU:195H) is currently considered Significantly Undervalued. The stock's GF Value™ is €2.31, compared to a current price of €1.56 — trading 32.5% below its estimated fair value. The current Net Margin % is 49.38%, which is near median its 10-year median of 46.11 and 229.9% above the Capital Markets industry median of 14.97. China Merchants Securities Asset Management Co.,Ltd's overall GF Score™ is 68/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For China Merchants Securities Asset Management Co.,Ltd (STU:195H), the current Net Margin % is 49.38% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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:
Net Margin %: 49.38% (near median its 10-year median of 46.11)
GF Value™: €2.31 vs. price of €1.56 (32.5% below fair value)
Industry Position: 229.9% above the Capital Markets median (#125 of 774)
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 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
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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