China Merchants Securities Co Ltd (600999) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.097x

Based on the latest financial reports, China Merchants Securities Co Ltd (600999) has a cash flow conversion efficiency ratio of -0.097x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CN¥-11.41 Billion ≈ $-1.67 Billion USD) by net assets (CN¥117.71 Billion ≈ $17.23 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see 600999 company net worth for the company's overall valuation and market capitalisation.

China Merchants Securities Co Ltd - Cash Flow Conversion Efficiency Trend (2004–2024)

This chart illustrates how China Merchants Securities Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

China Merchants Securities Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of China Merchants Securities Co Ltd ranked by their cash flow conversion efficiency. Explore 600999 operating cash flow to net income to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Baoshan Iron & Steel Co Ltd SHG:600019	0.064x
Joint Stock Company Kaspi.kz NASDAQ:KSPI	0.031x
HEICO Corporation NYSE:HEI-A	0.035x
Bombardier Inc Series B TO:BBD-B	-0.519x
Viatris Inc NASDAQ:VTRS	0.027x
PERNOD RIC. SA SP.ADR 1/5 F:PER0	N/A
Advantech Co Ltd TW:2395	0.039x
Shanghai International Port Group Co Ltd SHG:600018	0.023x

Annual Cash Flow Conversion Efficiency for China Merchants Securities Co Ltd (2004–2024)

The table below shows the annual cash flow conversion efficiency of China Merchants Securities Co Ltd from 2004 to 2024. View 600999 stock price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥130.25 Billion ≈ $19.06 Billion	CN¥54.73 Billion ≈ $8.01 Billion	0.420x	+89.18%
2023-12-31	CN¥122.04 Billion ≈ $17.86 Billion	CN¥27.10 Billion ≈ $3.97 Billion	0.222x	-59.05%
2022-12-31	CN¥115.26 Billion ≈ $16.87 Billion	CN¥62.50 Billion ≈ $9.15 Billion	0.542x	+248.22%
2021-12-31	CN¥112.59 Billion ≈ $16.48 Billion	CN¥-41.19 Billion ≈ $-6.03 Billion	-0.366x	-294.86%
2020-12-31	CN¥105.82 Billion ≈ $15.49 Billion	CN¥-9.81 Billion ≈ $-1.43 Billion	-0.093x	-178.97%
2019-12-31	CN¥85.13 Billion ≈ $12.46 Billion	CN¥9.99 Billion ≈ $1.46 Billion	0.117x	-72.28%
2018-12-31	CN¥80.72 Billion ≈ $11.81 Billion	CN¥34.17 Billion ≈ $5.00 Billion	0.423x	+178.91%
2017-12-31	CN¥79.33 Billion ≈ $11.61 Billion	CN¥-42.55 Billion ≈ $-6.23 Billion	-0.536x	-34.22%
2016-12-31	CN¥59.92 Billion ≈ $8.77 Billion	CN¥-23.94 Billion ≈ $-3.50 Billion	-0.400x	-1715.27%
2015-12-31	CN¥48.43 Billion ≈ $7.09 Billion	CN¥1.20 Billion ≈ $175.34 Million	0.025x	-94.75%
2014-12-31	CN¥41.60 Billion ≈ $6.09 Billion	CN¥19.61 Billion ≈ $2.87 Billion	0.471x	+169.58%
2013-12-31	CN¥27.18 Billion ≈ $3.98 Billion	CN¥-18.42 Billion ≈ $-2.70 Billion	-0.678x	-449.43%
2012-12-31	CN¥25.77 Billion ≈ $3.77 Billion	CN¥-3.18 Billion ≈ $-464.95 Million	-0.123x	+88.10%
2011-12-31	CN¥24.67 Billion ≈ $3.61 Billion	CN¥-25.57 Billion ≈ $-3.74 Billion	-1.036x	-3082.43%
2010-12-31	CN¥23.98 Billion ≈ $3.51 Billion	CN¥-780.77 Million ≈ $-114.25 Million	-0.033x	-103.33%
2009-12-31	CN¥22.62 Billion ≈ $3.31 Billion	CN¥22.12 Billion ≈ $3.24 Billion	0.978x	+121.85%
2008-12-31	CN¥8.14 Billion ≈ $1.19 Billion	CN¥-36.42 Billion ≈ $-5.33 Billion	-4.476x	-158.09%
2007-12-31	CN¥7.58 Billion ≈ $1.11 Billion	CN¥58.37 Billion ≈ $8.54 Billion	7.705x	+215.52%
2006-12-31	CN¥4.17 Billion ≈ $609.64 Million	CN¥10.17 Billion ≈ $1.49 Billion	2.442x	+151.91%
2005-12-31	CN¥1.73 Billion ≈ $252.70 Million	CN¥1.67 Billion ≈ $244.97 Million	0.969x	+203.19%
2004-12-31	CN¥1.70 Billion ≈ $248.11 Million	CN¥-1.59 Billion ≈ $-233.08 Million	-0.939x	--

About China Merchants Securities Co Ltd

SHG:600999 China Capital Markets

Market Cap

$18.70 Billion

CN¥127.81 Billion CNY

Market Cap Rank

#1363 Global

#108 in China

Share Price

CN¥17.22

Change (1 day)

-0.86%

52-Week Range

CN¥15.05 - CN¥22.94

All Time High

CN¥25.07