China Merchants Securities Co Ltd Tangible Net Worth Ratio
China Merchants Securities Co Ltd tangible net worth ratio. China Merchants Securities Co Ltd (600999) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (CN¥0.00) from net assets (CN¥117.71 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 (600999) net asset 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 (2004–2024)
Tangible net worth ratio of China Merchants Securities Co Ltd from 2004 to 2024. This chart shows how China Merchants Securities Co Ltd's Tangible Net Worth Ratio has changed across 21 annual periods from 2004 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of CN¥117.71 Billion with intangible assets of CN¥0.00 CNY. Check how strategically is China Merchants Securities Co Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
China Merchants Securities Co Ltd Tangible Net Worth Ratio by Year (2004–2024)
China Merchants Securities Co Ltd tangible net worth ratio by year from 2004 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for China Merchants Securities Co Ltd from 2004 to 2024, covering 21 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 China Merchants Securities Co Ltd market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.2% | CN¥130.25 Billion | CN¥1.00 Billion | CN¥721.16 Billion | ▼ -0.2 pp |
| 2023 | 99.4% | CN¥122.04 Billion | CN¥703.37 Million | CN¥695.85 Billion | ▼ -0.2 pp |
| 2022 | 99.6% | CN¥115.26 Billion | CN¥430.40 Million | CN¥611.68 Billion | ▲ +0.0 pp |
| 2021 | 99.6% | CN¥112.59 Billion | CN¥434.36 Million | CN¥597.22 Billion | ▲ +0.0 pp |
| 2020 | 99.6% | CN¥105.82 Billion | CN¥429.72 Million | CN¥499.73 Billion | ▲ +0.1 pp |
| 2019 | 99.5% | CN¥85.13 Billion | CN¥436.57 Million | CN¥381.77 Billion | ▲ +0.0 pp |
| 2018 | 99.4% | CN¥80.72 Billion | CN¥450.81 Million | CN¥306.17 Billion | ▼ -0.5 pp |
| 2017 | 100.0% | CN¥79.33 Billion | CN¥21.58 Million | CN¥285.64 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | CN¥59.92 Billion | CN¥23.43 Million | CN¥243.06 Billion | ▲ +0.0 pp |
| 2015 | 99.9% | CN¥48.43 Billion | CN¥24.25 Million | CN¥291.66 Billion | ▲ +0.0 pp |
| 2014 | 99.9% | CN¥41.60 Billion | CN¥23.24 Million | CN¥193.41 Billion | ▲ +0.0 pp |
| 2013 | 99.9% | CN¥27.18 Billion | CN¥25.46 Million | CN¥83.86 Billion | ▼ -0.1 pp |
| 2012 | 100.0% | CN¥25.77 Billion | CN¥10.83 Million | CN¥75.54 Billion | ▲ +0.0 pp |
| 2011 | 99.9% | CN¥24.67 Billion | CN¥13.88 Million | CN¥68.86 Billion | ▲ +0.0 pp |
| 2010 | 99.9% | CN¥23.98 Billion | CN¥18.01 Million | CN¥95.36 Billion | ▲ +0.0 pp |
| 2009 | 99.9% | CN¥22.62 Billion | CN¥23.41 Million | CN¥96.51 Billion | ▲ +2.0 pp |
| 2008 | 97.9% | CN¥8.14 Billion | CN¥173.28 Million | CN¥47.64 Billion | ▼ -1.7 pp |
| 2007 | 99.5% | CN¥7.58 Billion | CN¥35.64 Million | CN¥81.39 Billion | ▲ +0.3 pp |
| 2006 | 99.3% | CN¥4.17 Billion | CN¥30.51 Million | CN¥19.76 Billion | ▲ +2.5 pp |
| 2005 | 96.7% | CN¥1.73 Billion | CN¥56.51 Million | CN¥8.01 Billion | ▲ +1.4 pp |
| 2004 | 95.4% | CN¥1.70 Billion | CN¥78.81 Million | CN¥5.70 Billion | — |