China Merchants Securities Co., Ltd. (SHA:600999)

SHA:600999 Statistics

Total Valuation

SHA:600999 has a market cap or net worth of CNY 141.78 billion.

Market Cap	141.78B
Enterprise Value	n/a

Important Dates

The next estimated earnings date is Tuesday, March 31, 2026.

Earnings Date	Mar 31, 2026
Ex-Dividend Date	Sep 18, 2025

Share Statistics

SHA:600999 has 8.70 billion shares outstanding. The number of shares has increased by 4.77% in one year.

Current Share Class	7.42B
Shares Outstanding	8.70B
Shares Change (YoY)	+4.77%
Shares Change (QoQ)	-10.34%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	6.37%
Float	3.50B

Valuation Ratios

The trailing PE ratio is 12.50 and the forward PE ratio is 11.48. SHA:600999's PEG ratio is 1.07.

PE Ratio	12.50
Forward PE	11.48
PS Ratio	5.69
PB Ratio	1.05
P/TBV Ratio	1.06
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	1.07

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	2.68
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 9.28% and return on invested capital (ROIC) is 2.48%.

Return on Equity (ROE)	9.28%
Return on Assets (ROA)	n/a
Return on Invested Capital (ROIC)	2.48%
Return on Capital Employed (ROCE)	n/a
Weighted Average Cost of Capital (WACC)	2.18%
Revenue Per Employee	1.85M
Profits Per Employee	913,731
Employee Count	12,169
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, SHA:600999 has paid 1.73 billion in taxes.

Income Tax	1.73B
Effective Tax Rate	12.31%

Stock Price Statistics

The stock price has decreased by -5.96% in the last 52 weeks. The beta is 0.63, so SHA:600999's price volatility has been lower than the market average.

Beta (5Y)	0.63
52-Week Price Change	-5.96%
50-Day Moving Average	16.82
200-Day Moving Average	17.25
Relative Strength Index (RSI)	48.35
Average Volume (20 Days)	61,082,763

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, SHA:600999 had revenue of CNY 24.90 billion and earned 12.30 billion in profits. Earnings per share was 1.35.

Revenue	24.90B
Gross Profit	13.99B
Operating Income	13.99B
Pretax Income	14.03B
Net Income	12.30B
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	1.35

Balance Sheet

The company has 470.12 billion in cash and 360.59 billion in debt, with a net cash position of 109.53 billion or 12.59 per share.

Cash & Cash Equivalents	470.12B
Total Debt	360.59B
Net Cash	109.53B
Net Cash Per Share	12.59
Equity (Book Value)	134.71B
Book Value Per Share	13.53
Working Capital	n/a

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 56.19%, with operating and profit margins of 56.19% and 49.40%.

Gross Margin	56.19%
Operating Margin	56.19%
Pretax Margin	56.33%
Profit Margin	49.40%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.50, which amounts to a dividend yield of 2.92%.

Dividend Per Share	0.50
Dividend Yield	2.92%
Dividend Growth (YoY)	40.51%
Years of Dividend Growth	2
Payout Ratio	n/a
Buyback Yield	-4.77%
Shareholder Yield	-1.85%
Earnings Yield	8.68%
FCF Yield	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on July 14, 2011. It was a forward split with a ratio of 1.3.

Last Split Date	Jul 14, 2011
Split Type	Forward
Split Ratio	1.3

Scores

Altman Z-Score	n/a
Piotroski F-Score	1