
China Merchants Securities Co., Ltd.
SSE:600999.SS
17.76 (CNY) • At close July 18, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) CNY.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue
| 19,402.858 | 18,282.118 | 17,557.519 | 27,828.639 | 23,235.032 | 17,826.362 | 10,404.138 | 12,507.725 | 11,066.131 | 24,740.692 | 10,663.359 | 5,803.976 | 4,396.073 | 4,949.839 | 6,121.498 | 8,565.096 | 4,637.073 | 9,596.226 | 2,445.576 | 603.495 | 663.688 |
Cost of Revenue
| 0 | 3,793.302 | 3,767.437 | 3,991.386 | 3,694.227 | 2,653.68 | 3,063.334 | 3,061.309 | 2,342.303 | 3,513.06 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross Profit
| 19,402.858 | 14,488.816 | 13,790.082 | 23,837.253 | 19,540.805 | 15,172.681 | 7,340.805 | 9,446.416 | 8,723.828 | 21,227.631 | 10,663.359 | 5,803.976 | 4,396.073 | 4,949.839 | 6,121.498 | 8,565.096 | 4,637.073 | 9,596.226 | 2,445.576 | 603.495 | 663.688 |
Gross Profit Ratio
| 1 | 0.793 | 0.785 | 0.857 | 0.841 | 0.851 | 0.706 | 0.755 | 0.788 | 0.858 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Reseach & Development Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
General & Administrative Expenses
| 9,652.214 | 2,062.069 | 27.068 | 36.684 | 9,672.02 | 86.82 | -0.553 | 6,111.874 | 343.544 | 9,822.65 | 4,779.816 | 3,070.713 | 2,545.25 | 2,389.97 | 2,285.791 | 3,260.145 | 2,055.696 | 3,131.744 | 877.139 | 385.105 | 404.192 |
Selling & Marketing Expenses
| 0 | 261.743 | 334.374 | 429.08 | 0 | 283.689 | 259.651 | 0 | 212.28 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 385.105 | 404.192 |
SG&A
| 9,652.214 | 2,323.812 | 361.442 | 465.764 | 9,672.02 | 370.509 | 259.098 | 6,111.874 | 555.825 | 9,822.65 | 4,779.816 | 3,070.713 | 2,545.25 | 2,389.97 | 2,285.791 | 3,260.145 | 2,055.696 | 3,131.744 | 877.139 | 385.105 | 404.192 |
Other Expenses
| 124.819 | 0 | 1,489.943 | 4,168.373 | 3,146.933 | 2,281.165 | 6.72 | 2.359 | 66.159 | 57.594 | 8.715 | -8.814 | 6.104 | 3.386 | 20.998 | 21.835 | -9.765 | 40.99 | 9.001 | -20.85 | -90.818 |
Operating Expenses
| 9,777.033 | 10,514.069 | 10,139.066 | 15,237.035 | 12,818.953 | 9,818.638 | 5,756.599 | 6,208.363 | 5,242.47 | 11,487.3 | 5,369.095 | 3,425.587 | 2,795.556 | 2,663.981 | 2,583.622 | 3,667.053 | 2,343.76 | 3,538.894 | 987.466 | 444.637 | 456.565 |
Operating Income
| 9,625.825 | -0 | 17,851.284 | 13,691.11 | 11,296.641 | 8,742.734 | 11,766.714 | 7,087.802 | 6,439.289 | 13,614.485 | 4,938.03 | 3,780.339 | 2,462.683 | 2,955.953 | 4,339.175 | 4,838.834 | 2,475.649 | 6,492.074 | 1,467.169 | 93.06 | 71.815 |
Operating Income Ratio
| 0.496 | 0 | 1.017 | 0.492 | 0.486 | 0.49 | 1.131 | 0.567 | 0.582 | 0.55 | 0.463 | 0.651 | 0.56 | 0.597 | 0.709 | 0.565 | 0.534 | 0.677 | 0.6 | 0.154 | 0.108 |
Total Other Income Expenses Net
| 1,593.667 | 9,278.199 | -359.907 | 12.743 | 10,266.231 | -1,009.122 | -4,964.243 | 6,261.067 | 5,823.597 | -82.019 | -657.239 | 10.32 | 6.18 | 172.785 | 245.086 | 103.354 | 2,565.299 | 6,492.074 | 1,467.169 | -98.517 | 1,260.046 |
Income Before Tax
| 11,219.492 | 9,278.199 | 8,531.66 | 13,703.853 | 11,308.869 | 8,773.636 | 5,447.485 | 7,106.556 | 6,452.92 | 13,633.991 | 4,971.877 | 2,648.018 | 1,875.151 | 2,564.514 | 3,923.506 | 5,036.537 | 2,565.299 | 6,492.074 | 1,467.169 | 60.341 | 42.787 |
Income Before Tax Ratio
| 0.578 | 0.508 | 0.486 | 0.492 | 0.487 | 0.492 | 0.524 | 0.568 | 0.583 | 0.551 | 0.466 | 0.456 | 0.427 | 0.518 | 0.641 | 0.588 | 0.553 | 0.677 | 0.6 | 0.1 | 0.064 |
Income Tax Expense
| 829.521 | 526.606 | 452.454 | 2,046.045 | 1,805.002 | 1,460.354 | 1,001.224 | 1,301.847 | 1,035.838 | 2,705.736 | 1,087.357 | 412.985 | 229.152 | 556.22 | 694.645 | 1,111.111 | 454.951 | 1,429.652 | 215.371 | 7.493 | 0 |
Net Income
| 10,385.872 | 8,763.959 | 8,070.243 | 11,645.065 | 9,491.639 | 7,282.381 | 4,424.986 | 5,785.955 | 5,403.451 | 10,908.749 | 3,850.673 | 2,229.669 | 1,645.998 | 2,008.294 | 3,228.861 | 3,727.723 | 2,020.699 | 5,062.422 | 1,251.798 | 52.848 | 42.787 |
Net Income Ratio
| 0.535 | 0.479 | 0.46 | 0.418 | 0.409 | 0.409 | 0.425 | 0.463 | 0.488 | 0.441 | 0.361 | 0.384 | 0.374 | 0.406 | 0.527 | 0.435 | 0.436 | 0.528 | 0.512 | 0.088 | 0.064 |
EPS
| 1.13 | 0.94 | 0.86 | 1.25 | 1.06 | 0.8 | 0.45 | 0.65 | 0.75 | 1.56 | 0.6 | 0.4 | 0.29 | 0.36 | 0.57 | 0.73 | 0.4 | 1 | 0.36 | 0.015 | 0.012 |
EPS Diluted
| 1.13 | 0.94 | 0.86 | 1.25 | 1.06 | 0.8 | 0.45 | 0.65 | 0.75 | 1.56 | 0.6 | 0.4 | 0.29 | 0.36 | 0.57 | 0.73 | 0.4 | 1 | 0.36 | 0.015 | 0.012 |
EBITDA
| -0 | -0 | -0 | 0 | -0 | 91.24 | 9,494.255 | 7,216.118 | -0 | 20,200.077 | 7,180.988 | 3,544.295 | 2,170.337 | 2,481.402 | 3,678.42 | 5,019.686 | -0 | -0 | -0 | 93.06 | 71.815 |
EBITDA Ratio
| 0 | 0 | 0 | 0 | 0 | 0.005 | 0.913 | 0.577 | 0 | 0.816 | 0.673 | 0.611 | 0.494 | 0.501 | 0.601 | 0.586 | -0 | -0 | -0 | 0.154 | 0.108 |