China Merchants Securities Co Ltd - Asset Resilience Ratio

Latest as of September 2019: 25.90%

China Merchants Securities Co Ltd (600999) has an Asset Resilience Ratio of 25.90% as of September 2019. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Check China Merchants Securities Co Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥96.35 Billion

≈ $14.10 Billion USD Cash + Short-term Investments

Total Assets

CN¥372.00 Billion

≈ $54.44 Billion USD All company assets

Resilience Assessment

Very High

Financial Resilience Level

Asset Resilience Ratio Trend (2006–2018)

This chart shows how China Merchants Securities Co Ltd's Asset Resilience Ratio has changed over time. See 600999 net asset quality index to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down China Merchants Securities Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see market value of China Merchants Securities Co Ltd.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥96.35 Billion	25.9%
Total Liquid Assets	CN¥96.35 Billion	25.90%

Asset Resilience Insights

Very High Liquidity: China Merchants Securities Co Ltd maintains exceptional liquid asset reserves at 25.90% of total assets.
This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
The company has significant short-term investments, indicating active treasury management.

China Merchants Securities Co Ltd Industry Peers by Asset Resilience Ratio

Compare China Merchants Securities Co Ltd's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
GF Securities Co Ltd SHE:000776	Capital Markets	19.05%
China International Capital Corp Ltd SHG:601995	Capital Markets	55.83%
Western Securities Co Ltd SHE:002673	Capital Markets	20.69%
Bitfarms Ltd. NASDAQ:KEEL	Capital Markets	21.38%
HIVE Digital Technologies Ltd. V:HIVE	Capital Markets	1.94%
Yulie Sekurindo Tbk JK:YULE	Capital Markets	83.86%
Hanyang Sec KO:001750	Capital Markets	0.00%
N. B. I. Industrial Finance Company Limited NSE:NBIFIN	Capital Markets	0.05%

Annual Asset Resilience Ratio for China Merchants Securities Co Ltd (2006–2018)

The table below shows the annual Asset Resilience Ratio data for China Merchants Securities Co Ltd.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2018-12-31	27.13%	CN¥83.07 Billion ≈ $12.16 Billion	CN¥306.17 Billion ≈ $44.80 Billion	-3.90pp
2017-12-31	31.04%	CN¥88.65 Billion ≈ $12.97 Billion	CN¥285.64 Billion ≈ $41.80 Billion	-4.65pp
2016-12-31	35.69%	CN¥86.75 Billion ≈ $12.69 Billion	CN¥243.06 Billion ≈ $35.57 Billion	+0.16pp
2015-12-31	35.53%	CN¥103.63 Billion ≈ $15.16 Billion	CN¥291.66 Billion ≈ $42.68 Billion	+31.03pp
2014-12-31	4.50%	CN¥8.70 Billion ≈ $1.27 Billion	CN¥193.41 Billion ≈ $28.30 Billion	+1.43pp
2013-12-31	3.07%	CN¥2.58 Billion ≈ $377.31 Million	CN¥83.86 Billion ≈ $12.27 Billion	+1.26pp
2012-12-31	1.81%	CN¥1.37 Billion ≈ $200.17 Million	CN¥75.54 Billion ≈ $11.05 Billion	+0.55pp
2011-12-31	1.26%	CN¥869.03 Million ≈ $127.17 Million	CN¥68.86 Billion ≈ $10.08 Billion	+0.89pp
2010-12-31	0.37%	CN¥355.99 Million ≈ $52.09 Million	CN¥95.36 Billion ≈ $13.95 Billion	-0.67pp
2009-12-31	1.04%	CN¥1.00 Billion ≈ $146.69 Million	CN¥96.51 Billion ≈ $14.12 Billion	+0.95pp
2008-12-31	0.09%	CN¥40.93 Million ≈ $5.99 Million	CN¥47.64 Billion ≈ $6.97 Billion	-8.82pp
2007-12-31	8.90%	CN¥7.25 Billion ≈ $1.06 Billion	CN¥81.39 Billion ≈ $11.91 Billion	-0.34pp
2006-12-31	9.24%	CN¥1.83 Billion ≈ $267.08 Million	CN¥19.76 Billion ≈ $2.89 Billion	--

pp = percentage points

About China Merchants Securities Co Ltd

SHG:600999 China Capital Markets

Market Cap

$20.56 Billion

CN¥140.50 Billion CNY

Market Cap Rank

#1271 Global

#105 in China

Share Price

CN¥18.93

Change (1 day)

+2.32%

52-Week Range

CN¥15.05 - CN¥19.88

All Time High

CN¥25.07