---
title: "China Merchants Securities Co.,Ltd. (600999.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600999.SH.md"
symbol: "600999.SH"
name: "China Merchants Securities Co.,Ltd."
industry: "Investment Banking and Brokerage"
datetime: "2026-04-15T23:41:12.919Z"
locales:
  - [en](https://longbridge.com/en/quote/600999.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600999.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600999.SH.md)
---

# China Merchants Securities Co.,Ltd. (600999.SH)

## Company Overview

China Merchants Securities Co., Ltd. engages in the wealth management and institutional, investment banking, investment management, investment, and trading businesses in the People’s Republic of China. It operates through Wealth management and institutional business; Investment banking; Investment management; and other segments. The company trades in stocks and futures contracts; provides margin financing and securities lending services; and sells financial and other wealth management products.

| Item | Detail |
|------|--------|
| Industry | Investment Banking and Brokerage |
| Exchange | CN Market |
| Website | [www.cmschina.com](https://www.cmschina.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-04-15T04:30:12.000Z

**Overall: C (0.57)**

**Industry**: Investment Banking and Brokerage

| Metric | Value |
|--------|-------|
| Industry Ranking | 8 / 55 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Large - The company has stable operations, allowing for dependable long-term returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 18.87% |  |
| Net Profit YoY | 19.76% |  |
| P/B Ratio | 1.14 |  |
| Dividend Ratio | 3.12% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 138146700232.24 |  |
| Revenue | 24738697907.00 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 8.76% | B |
| Profit Margin | 49.81% | A |
| Gross Margin | 59.44% | B |
| Revenue YoY | 18.87% | B |
| Net Profit YoY | 19.76% | B |
| Total Assets YoY | 4.48% | C |
| Net Assets YoY | 5.98% | B |
| Cash Flow Margin | -266.90% | E |
| OCF YoY | 18.87% | B |
| Turnover | 0.03 | E |
| Gearing Ratio | 81.68% | E |

```chart-data:radar
{
  "title": "Longbridge Financial Score - China Merchants Securities Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "18.87%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "19.76%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.14",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "3.12%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "138146700232.24",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "24738697907.00",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "8.76%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "49.81%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "59.44%",
          "rating": "B"
        },
        {
          "name": "Revenue YoY",
          "value": "18.87%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "19.76%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "4.48%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "5.98%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "-266.90%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "18.87%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.03",
          "rating": "E"
        },
        {
          "name": "Gearing Ratio",
          "value": "81.68%",
          "rating": "E"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 11.16 | 5/55 | 14.41 | 13.58 | 11.95 |
| PB | 1.14 | 22/55 | 1.31 | 1.26 | 1.22 |
| PS (TTM) | 5.52 | 24/55 | 7.15 | 6.71 | 5.82 |
| Dividend Yield | 3.13% | 3/55 | 2.98% | 2.88% | 2.14% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | CITIC Securities Co., Ltd. (600030.SH) | B | B | E | A | B | B |
| 02 | Guotai Haitong (601211.SH) | B | A | E | E | A | C |
| 03 | HTSC (601688.SH) | B | B | E | E | C | C |
| 04 | CSC (601066.SH) | B | B | E | E | A | C |
| 05 | CICC (601995.SH) | B | A | E | E | A | C |

## Institutional View

### Analyst Rating Distribution

> As of 2026-04-13T16:00:00.000Z

Total Analysts: **9**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 4 | 44% |
| Overweight | 2 | 22% |
| Hold | 1 | 11% |
| Underweight | 1 | 11% |
| Sell | 1 | 11% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 15.85 |
| Highest Target | 24.35 |
| Lowest Target | 15.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/600999.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/600999.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/600999.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/600999.SH/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**