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 Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Operating Activities
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 |
Net Income | 20,760 | 12,350 | 10,386 | 8,764 | 8,070 | 11,645 |
Depreciation & Amortization, Total | 745.91 | 745.91 | 690.78 | 580.74 | 538.75 | 522.75 |
Gain (Loss) On Sale of Investments | -4,866 | -4,866 | -5,164 | -3,238 | -2,715 | -4,388 |
Change in Accounts Receivable | -39,934 | -39,934 | 25,402 | -39,599 | 27,045 | -97,811 |
Change in Accounts Payable | -6,708 | -6,708 | 19,421 | 57,347 | 20,381 | 42,413 |
Other Operating Activities | 60,695 | 4,215 | 4,634 | 5,213 | 6,026 | 6,177 |
Operating Cash Flow | 33,522 | -31,369 | 54,726 | 27,104 | 62,504 | -41,193 |
Investing Activities
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 |
Capital Expenditures | -866.15 | -722.52 | -763.71 | -608.24 | -560.25 | -412.76 |
Investment in Securities | -16,137 | 1,998 | -17,048 | -25,842 | -20,665 | 11,592 |
Other Investing Activities | 3,365 | 3,579 | 3,546 | 2,351 | 2,096 | 2,632 |
Investing Cash Flow | -13,548 | 4,858 | -14,261 | -24,095 | -19,130 | 13,813 |
Financing Activities
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 |
Long-Term Debt Issued | - | 164,128 | 153,623 | 137,802 | 75,842 | 177,929 |
Long-Term Debt Repaid | - | -134,683 | -155,068 | -121,914 | -85,656 | -132,735 |
Lease Payments | -311.63 | -344.1 | -367.95 | -396.98 | -393.8 | - |
Net Debt Issued (Repaid) | 22,444 | 29,446 | -1,446 | 15,888 | -9,814 | 45,194 |
Issuance of Common Stock | - | - | - | - | 15,000 | - |
Repurchase of Common Stock | - | - | - | - | -15,000 | - |
Common Dividends Paid | -9,797 | -9,247 | -8,906 | -8,174 | -11,174 | -9,462 |
Other Financing Activities | 1,998 | 1,998 | -6 | -12.11 | -25.97 | -13.23 |
Financing Cash Flow | 14,644 | 22,197 | -10,358 | 7,701 | -21,014 | 35,718 |
Net Cash Flow
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 |
Foreign Exchange Rate Adjustments | -718.63 | -238.67 | 261.51 | 276.21 | 1,187 | -294.09 |
Net Cash Flow | 33,900 | -4,552 | 30,369 | 10,986 | 23,547 | 8,045 |
Free Cash Flow
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 |
Free Cash Flow | 32,656 | -32,091 | 53,963 | 26,495 | 61,944 | -41,606 |
Free Cash Flow Growth | - | - | 103.67% | -57.23% | - | - |
Free Cash Flow Margin | 79.38% | -129.44% | 258.72% | 134.66% | 325.05% | -141.92% |
Free Cash Flow Per Share | 3.82 | -3.69 | 6.21 | 3.05 | 7.12 | -4.78 |
Free Cash Flow After Leases | 32,344 | -32,435 | 53,595 | 26,098 | 61,550 | -41,606 |
Additional Metrics
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 |
Cash Interest Paid | 8,171 | 7,391 | 7,189 | 7,379 | 6,290 | 6,746 |
Cash Income Tax Paid | 5,041 | 2,074 | 1,268 | 1,722 | 2,928 | 3,736 |