China Merchants Securities Co. Ltd Tangible Net Worth Ratio
China Merchants Securities Co. Ltd tangible net worth ratio. China Merchants Securities Co. Ltd (195H) has a Tangible Net Worth Ratio of 99.1% as of March 2026. This metric is calculated by deducting intangible assets (€1.25 Billion) from net assets (€141.36 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore China Merchants Securities Co. Ltd (195H) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of China Merchants Securities Co. Ltd (2017–2025)
Tangible net worth ratio of China Merchants Securities Co. Ltd from 2017 to 2025. This chart shows how China Merchants Securities Co. Ltd's Tangible Net Worth Ratio has changed across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 99.1%, reflecting net assets of €141.36 Billion with intangible assets of €1.25 Billion EUR. Check China Merchants Securities Co. Ltd (195H) strategic investment index to assess the company's strategic physical and investment asset allocation.
China Merchants Securities Co. Ltd Tangible Net Worth Ratio by Year (2017–2025)
China Merchants Securities Co. Ltd tangible net worth ratio by year from 2017 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for China Merchants Securities Co. Ltd from 2017 to 2025, covering 9 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see 195H market cap overview.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.1% | €138.05 Billion | €1.26 Billion | €753.48 Billion | ▼ -0.1 pp |
| 2024 | 99.2% | €130.25 Billion | €1.00 Billion | €721.16 Billion | ▼ -0.2 pp |
| 2023 | 99.4% | €122.04 Billion | €703.37 Million | €695.85 Billion | ▼ -0.2 pp |
| 2022 | 99.6% | €115.24 Billion | €430.40 Million | €611.66 Billion | ▲ +0.0 pp |
| 2021 | 99.6% | €112.59 Billion | €434.36 Million | €597.22 Billion | ▲ +0.0 pp |
| 2020 | 99.6% | €105.82 Billion | €429.72 Million | €499.73 Billion | ▲ +0.1 pp |
| 2019 | 99.5% | €85.13 Billion | €436.57 Million | €381.77 Billion | ▲ +0.0 pp |
| 2018 | 99.4% | €80.79 Billion | €450.81 Million | €304.93 Billion | ▼ -0.5 pp |
| 2017 | 100.0% | €79.33 Billion | €21.58 Million | €285.64 Billion | — |