China Merchants Securities Co., Ltd. (SHA:600999)
China · Delayed Price · Currency is CNY 15.80
-0.06 (-0.38%)
Nov 13, 2026, 3:00 PM CST
SHA:600999 Financials Overview
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 41,141 | 24,793 | 20,858 | 19,676 | 19,057 | 29,315 |
Revenue Growth | 64.93% | 18.87% | 6.01% | 3.25% | -34.99% | 20.91% |
Operating Income Operating Income Growth | 26,055 | 14,137 | 11,080 | 9,319 | 8,892 | 14,050 |
Net Income Net Income Growth | 20,164 | 11,753 | 9,814 | 8,192 | 7,458 | 10,843 |
Earnings Per Share EPS Growth | 2.36 | 1.35 | 1.13 | 0.94 | 0.86 | 1.25 |
EPS Growth | 75.48% | 19.63% | 20.05% | 9.60% | -31.21% | 17.84% |
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Investment Management (Including Direct Investment Operations) Investment Management (Including Direct Investment Operations) Growth | 954.47 | 924.04 | 926.83 | 1,181 | 1,736 |
Wealth Management and Institutional Business Wealth Management and Institutional Business Growth | 13,825 | 10,233 | 10,011 | 11,103 | 13,707 |
Investment Banking Investment Banking Growth | 1,031 | 857.64 | 1,295 | 1,386 | 2,458 |
Others Others Growth | 2,222 | 2,543 | 4,053 | 3,761 | 6,026 |
Investment & Trading Investment & Trading Growth | 6,940 | 6,334 | 3,536 | 1,789 | 5,502 |
Total Total Growth | 24,972 | 20,891 | 19,821 | 19,219 | 29,429 |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 510,529 | 334,498 | 330,191 | 331,664 | 306,074 | 298,732 |
Total Debt Total Debt Growth | 363,427 | 381,504 | 352,693 | 365,049 | 307,274 | 319,574 |
Net Cash (Debt) Net Cash Growth | 147,103 | -47,006 | -22,502 | -33,385 | -1,200 | -20,842 |
Net Cash Growth | 34.30% | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | 17.20 | -5.41 | -2.59 | -3.84 | -0.14 | -2.40 |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 33,522 | -31,369 | 54,726 | 27,104 | 62,504 | -41,193 |
Capital Expenditures CapEx Growth | -866.15 | -722.52 | -763.71 | -608.24 | -560.25 | -412.76 |
Free Cash Flow Free Cash Flow Growth | 32,656 | -32,091 | 53,963 | 26,495 | 61,944 | -41,606 |
Free Cash Flow Growth | - | - | 103.67% | -57.23% | - | - |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Margin | 63.33% | 57.02% | 53.12% | 47.37% | 46.66% | 47.93% |
Pretax Margin | 61.98% | 56.78% | 53.79% | 47.24% | 44.77% | 46.75% |
Profit Margin | 49.01% | 47.41% | 47.05% | 41.63% | 39.14% | 36.99% |
FCF Margin | 79.38% | -129.44% | 258.72% | 134.66% | 325.05% | -141.92% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 15, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 0.568 | 0.568 | 0.478 | 0.252 | 0.185 | 0.540 |
Dividend Per Share Growth | 24.19% | 18.83% | 89.68% | 36.22% | -65.74% | -30.05% |
Dividend Yield | 3.60% | 3.54% | 2.58% | 2.02% | 1.50% | 3.28% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 15, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 6.71 | 11.87 | 16.44 | 13.26 | 14.39 | 13.23 |
Forward PE | 7.60 | 11.64 | 16.20 | 12.72 | 16.42 | 10.96 |
P/FCF Ratio | 4.00 | - | 2.99 | 4.10 | 1.73 | - |
PS Ratio | 3.17 | 5.63 | 7.74 | 5.52 | 5.63 | 4.89 |