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China Merchants Securities Co Ltd
SSE:600999

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China Merchants Securities Co Ltd
SSE:600999
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Price: 15.46 CNY 0.06% Market Closed
Market Cap: ¥134.4B

China Merchants Securities Co Ltd
Operating Expenses

Last Value
3 Years 3Y CAGR
5 Years 5Y CAGR
10 Years 10Y CAGR
Last Value
3 Years 3Y CAGR
5 Years 5Y CAGR
10 Years 10Y CAGR
Quarterly
Annual
TTM
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China Merchants Securities Co Ltd
Operating Expenses Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Expenses CAGR 3Y CAGR 5Y CAGR 10Y
China Merchants Securities Co Ltd
SSE:600999
Operating Expenses
-¥10.7B
CAGR 3-Years
-2%
CAGR 5-Years
4%
CAGR 10-Years
1%
CITIC Securities Co Ltd
SSE:600030
Operating Expenses
-¥33.9B
CAGR 3-Years
3%
CAGR 5-Years
-4%
CAGR 10-Years
-3%
Guotai Junan Securities Co Ltd
SSE:601211
Operating Expenses
-¥32.5B
CAGR 3-Years
-14%
CAGR 5-Years
-10%
CAGR 10-Years
-8%
China International Capital Corp Ltd
SSE:601995
Operating Expenses
-¥16.6B
CAGR 3-Years
1%
CAGR 5-Years
-2%
CAGR 10-Years
N/A
Huatai Securities Co Ltd
SSE:601688
Operating Expenses
-¥16.8B
CAGR 3-Years
6%
CAGR 5-Years
0%
CAGR 10-Years
-3%
China Securities Co Ltd
SSE:601066
Operating Expenses
-¥11.2B
CAGR 3-Years
14%
CAGR 5-Years
0%
CAGR 10-Years
N/A
No Stocks Found

China Merchants Securities Co Ltd
Glance View

Market Cap
134.4B CNY
Industry
Financial Services

In the bustling metropolis of Shenzhen, nestled within China’s bustling economic hub, China Merchants Securities Co Ltd stands as a pillar of financial services, embodying the rapid growth witnessed in the country’s capital markets. Originating as a subsidiary of the China Merchants Group — one of China's oldest and largest state-owned enterprises — the company has carved out its niche as a full-service securities firm. Specializing in a comprehensive range of offerings from brokerage and wealth management to investment banking, China Merchants Securities deftly orchestrates a multitude of services to cater to a diverse clientele, including retail investors, corporations, and institutions. With its strategic positioning, the company capitalizes on its extensive network and brand recognition to serve the nuanced demands of China's ever-evolving financial landscape. Earning its revenue primarily through commissions and fees, China Merchants Securities has crafted a diversified business model that aligns with both traditional and modern financial activities. In the brokerage domain, it garners income from facilitating trades in equity, fixed-income, and derivatives markets, leveraging both physical and digital platforms to capture a growing number of retail clients. Simultaneously, its investment banking branch plays a crucial role in orchestrating mergers and acquisitions, underwriting new equity and bond issuances, and offering advisory services to corporations navigating through capital-raising endeavors. The asset management and wealth management divisions underpin its financial prowess, managing substantial portfolios to ensure consistent fee-based income streams, solidifying its stature as a linchpin in China's financial services industry.

Intrinsic Value
37.32 CNY
Undervaluation 59%
Intrinsic Value
Price ¥15.46

See Also

What is China Merchants Securities Co Ltd's Operating Expenses?
Operating Expenses
-10.7B CNY

Based on the financial report for Dec 31, 2025, China Merchants Securities Co Ltd's Operating Expenses amounts to -10.7B CNY.

What is China Merchants Securities Co Ltd's Operating Expenses growth rate?
Operating Expenses CAGR 10Y
1%

Over the last year, the Operating Expenses growth was -9%. The average annual Operating Expenses growth rates for China Merchants Securities Co Ltd have been -2% over the past three years , 4% over the past five years , and 1% over the past ten years .

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