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.

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. Explore and compare other companies by cash flow conversion efficiency.

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.

Company	Cash Flow Conversion Efficiency
Falabella SN:FALABELLA	0.018x
BE SEMICON.INDS NY EO091 F:BSIA	0.115x
Western Midstream Partners LP NYSE:WES	0.175x
Tourmaline Oil Corp. TO:TOU	0.052x
Shanghai International Port Group Co Ltd SHG:600018	0.024x
TELENOR ASA SP.ADR/ O.N. F:TEQA	N/A
China Spacesat Co Ltd SHG:600118	0.022x
Hua Xia Bank Co Ltd SHG:600015	0.037x

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.

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

$16.69 Billion

CN¥114.08 Billion CNY

Market Cap Rank

#1487 Global

#147 in China

Share Price

CN¥15.37

Change (1 day)

-0.58%

52-Week Range

CN¥15.05 - CN¥19.88

All Time High

CN¥25.07