China Merchants Securities Co Ltd Cash Flow Conversion Efficiency

Latest as of September 2025: -0.097x

China Merchants Securities Co Ltd cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of China Merchants Securities Co Ltd from 2004 to 2024. This chart illustrates how China Merchants Securities Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 600999 live share price for real-time trading data and today's change.

China Merchants Securities Co Ltd Cash Flow Conversion Ratio Explained

China Merchants Securities Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see market cap of China Merchants Securities Co Ltd for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Capgemini SE PA:CAP	0.025x
NIPPON STEEL SP.ADR 033 F:NPSA	N/A
Yankuang Energy Group Co Ltd SHG:600188	0.055x
Suzhou TFC Optical Communication Co Ltd SHE:300394	0.123x
Qinghai Salt Lake Industry Co.Ltd SHE:000792	0.051x
Genuine Parts Co NYSE:GPC	0.071x
CF Industries Holdings Inc NYSE:CF	0.060x
Companhia de Saneamento Básico do Estado de São Paulo - SABESP F:SAJA	0.021x

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. Review China Merchants Securities Co Ltd free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.

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

$16.84 Billion

CN¥115.12 Billion CNY

Market Cap Rank

#1446 Global

#104 in China

Share Price

CN¥15.51

Change (1 day)

+0.71%

52-Week Range

CN¥15.05 - CN¥22.94

All Time High

CN¥25.07