600999.SS
China Merchants Securities Co., Ltd.
ShanghaiCNYEQUITY
Financial Services
DELAYED
Last price
17.82
▼ 0.00 (0.00%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Overlay another symbol
Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
17.82
Prev close
17.82
Day high
17.99
Day low
17.76
Volume
22.18M
Market cap
$154.97B
P/E (TTM)
12.21
52W range
14.93 – 23.21
Day trading desk
Gap from prior close
0.00%
Prior close 17.82
VWAP
17.88
-0.33% from price
Relative volume
0.22×
Quiet session
Session range
1.24%
17.77 – 17.99
Position in range
23%
Near session low
ATR (14D)
0.35
1.95% of price
Prior day high
17.90
PDH
Prior day low
17.70
PDL
Bid / ask spread
—
Quote not published
Session volume
21.48M
Avg 99.46M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-2.73%
-1.4%
1M
-4.45%
-8.2%
3M
-0.28%
-3.4%
6M
+5.26%
-5.8%
YTD
+7.09%
-5.2%
1Y
-1.22%
-21.2%
3Y
+28.94%
-45.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on 600999.SS open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
5.78B
Total on file
Fundamentals
Market cap$154.97B
Enterprise value$17.58B
Revenue (TTM)$27.27B
Gross profit$16.36B
EBITDA—
Net income$12.72B
EPS (TTM)$1.46
Free cash flow—
Total cash$497.66B
Total debt$360.22B
Book value / share$14.30
Shares outstanding7.42B
Float3.37B
Short % of float—
Dividend yield3.19%
Beta (5Y)0.49
Valuation & profitability ratios
Trailing P/E12.21
Forward P/E10.61
PEG ratio—
Price / sales—
Price / book1.25
EV / revenue0.65
EV / EBITDA—
Gross margin60.00%
Operating margin56.17%
Profit margin48.82%
Return on equity9.73%
Return on assets1.83%
Debt / equity254.82
Current ratio1.37
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $23.57B | $19.40B | $18.28B | $17.56B | +21.5% |
| Operating revenue | $23.57B | $19.40B | $18.28B | $17.56B | +21.5% |
| Selling, general & admin | $2.35B | $2.33B | $2.32B | $2.33B | +1.0% |
| Total operating expense | $10.67B | $9.78B | $10.34B | $10.14B | +9.1% |
| Pre-tax income | $14.08B | $11.22B | $9.30B | $8.53B | +25.5% |
| Tax provision | $1.76B | $829.52M | $526.61M | $454.53M | +112.0% |
| Net income | $12.35B | $10.39B | $8.76B | $8.07B | +18.9% |
| Net income to common | $12.35B | $10.39B | $8.76B | $8.07B | +18.9% |
| Basic EPS | 1.35 | 1.13 | 0.94 | 0.86 | +19.5% |
| Diluted EPS | 1.35 | 1.13 | 0.94 | 0.86 | +19.5% |
| Basic shares | 9.15B | 9.19B | 9.32B | 9.38B | -0.5% |
| Diluted shares | 9.15B | 9.19B | 9.32B | 9.38B | -0.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $324.68B | $286.24B | $244.33B | $230.94B | +13.4% |
| Property, plant & equipment | $2.34B | $2.40B | $2.73B | $2.72B | -2.7% |
| Goodwill & intangibles | $1.27B | $1.01B | $713.05M | $440.07M | +25.0% |
| Total assets | $753.48B | $721.16B | $695.85B | $611.68B | +4.5% |
| Total debt | $221.90B | $196.54B | $215.43B | $183.59B | +12.9% |
| Total liabilities | $615.43B | $590.91B | $573.82B | $496.42B | +4.1% |
| Retained earnings | $42.96B | $38.35B | $33.49B | $28.79B | +12.0% |
| Shareholder equity | $138.00B | $130.18B | $121.96B | $115.17B | +6.0% |
| Net tangible assets | $136.74B | $129.16B | $121.25B | $114.73B | +5.9% |
| Shares issued | 8.70B | 8.70B | 8.70B | 8.70B | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $12.32B | $10.39B | $8.77B | $8.08B | +18.6% |
| Depreciation & amortisation | $745.91M | $690.78M | $580.74M | $538.75M | +8.0% |
| Change in working capital | -$46.07B | $45.32B | $17.97B | $47.27B | -201.7% |
| Operating cash flow | -$31.37B | $54.73B | $27.10B | $62.50B | -157.3% |
| Capital expenditure | -$722.52M | -$763.71M | -$608.24M | -$560.25M | +5.4% |
| Investing cash flow | $4.86B | -$14.26B | -$24.09B | -$19.13B | +134.1% |
| Dividends paid | -$9.25B | -$8.91B | -$8.17B | -$11.17B | -3.8% |
| Financing cash flow | $22.20B | -$10.36B | $7.70B | -$21.01B | +314.3% |
| Free cash flow | -$32.09B | $53.96B | $26.50B | $61.94B | -159.5% |
| End cash position | $172.09B | $176.64B | $146.27B | $135.28B | -2.6% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $6.62B | $6.44B | $5.45B | $4.34B | $6.25B | +2.8% |
| Operating revenue | $6.62B | $6.44B | $5.45B | $4.34B | $6.25B | +2.8% |
| Selling, general & admin | $3.04B | -$5.83B | -$1.25B | $2.19B | -$4.43B | +152.0% |
| Total operating expense | $3.08B | $2.38B | $2.63B | $2.22B | $2.95B | +29.1% |
| Pre-tax income | $3.82B | $4.10B | $3.19B | $2.49B | $3.66B | -6.8% |
| Tax provision | $548.66M | $656.37M | $310.10M | $185.86M | $421.93M | -16.4% |
| Net income | $3.27B | $3.48B | $2.88B | $2.31B | $3.24B | -6.0% |
| Net income to common | $3.27B | $3.48B | $2.88B | $2.31B | $3.24B | -6.0% |
| Basic EPS | 0.36 | — | — | 0.25 | — | — |
| Diluted EPS | 0.36 | — | — | 0.25 | — | — |
| Basic shares | 9.08B | — | — | 9.23B | — | — |
| Diluted shares | 9.08B | — | — | 9.23B | — | — |
| Line item | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $358.08B | $324.68B | $262.34B | $249.31B | $286.24B | +10.3% |
| Property, plant & equipment | $2.43B | $2.34B | $2.34B | $2.33B | $2.40B | +4.0% |
| Goodwill & intangibles | $1.26B | $1.27B | $1.00B | $1.00B | $1.01B | -0.7% |
| Total assets | $788.35B | $753.48B | $672.86B | $661.29B | $721.16B | +4.6% |
| Total debt | $230.22B | $221.90B | $165.42B | $178.78B | $196.54B | +3.7% |
| Total liabilities | $646.99B | $615.43B | $541.39B | $529.63B | $590.91B | +5.1% |
| Retained earnings | $46.16B | $42.96B | $39.35B | $40.54B | $38.35B | +7.4% |
| Shareholder equity | $141.32B | $138.00B | $131.40B | $131.58B | $130.18B | +2.4% |
| Net tangible assets | $140.06B | $136.74B | $130.39B | $130.58B | $129.16B | +2.4% |
| Shares issued | 8.70B | 8.70B | 8.70B | 8.70B | 8.70B | 0.0% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | YoY |
|---|---|---|---|---|---|---|
| Operating cash flow | $19.69B | -$15.03B | $32.99B | -$37.21B | -$21.67B | +231.0% |
| Capital expenditure | -$163.32M | -$505.54M | -$86.15M | -$21.66M | -$449.91M | +67.7% |
| Investing cash flow | $743.02M | -$5.68B | -$1.93B | $15.54B | -$3.16B | +113.1% |
| Dividends paid | -$846.56M | -$1.22B | -$1.70B | -$1.05B | -$958.92M | +30.9% |
| Financing cash flow | $10.05B | $21.23B | -$13.40B | -$20.81B | $43.26B | -52.6% |
| Free cash flow | $19.53B | -$15.54B | $32.90B | -$37.23B | -$22.12B | +225.7% |
| End cash position | $202.30B | $172.09B | $151.70B | $134.11B | $176.64B | +17.6% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Dec 2025 | 0.31 | 0.38 | +22.6% |
| Sep 2025 | 0.29 | 0.41 | +41.4% |
| Jun 2025 | 0.25 | 0.31 | +24.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $0 | — |
| Next quarter | — | — | $0 | — |
| Current year | 1.53 | 1 | $31.18B | +31.9% |
| Next year | 1.68 | 2 | $31.90B | +11.7% |
Analyst targets & ownership
Mean target$21.71
High target$25.29
Low target$14.80
Implied upside21.81%
Analyst count6
ConsensusBUY
Strong buy / Buy2 / 5
Hold0
Sell / Strong sell1 / 0
Held by insiders66.48%
Held by institutions10.74%
Institutions holding208
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
18.02
-1.12% from price
SMA 20
17.91
-0.51% from price
SMA 50
19.22
-7.27% from price
SMA 100
17.77
+0.28% from price
SMA 200
17.21
+3.55% from price
EMA 12
18.00
-0.98% from price
EMA 26
18.28
-2.51% from price
EMA 50
18.39
-3.11% from price
RSI (14)
41.3
Neutral
MACD (12,26,9)
-0.28
Hist 0.03
ATR (14)
0.35
1.95% of price
Realised vol 30D
29.9%
Annualised
Bollinger upper
18.41
20, 2σ
Bollinger lower
17.41
20, 2σ
50 / 200 cross
Golden
19.22 vs 17.21
Trend bias
Above 200
+3.55%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.04
Less volatile than market
Correlation to SPY
0.02
Largely independent
Realised vol 30D
29.9%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-24.3%
Peak to trough
Max drawdown 5Y
-39.1%
Peak to trough
ATR 14
0.35
1.95% of price
Beta (reported)
0.49
5Y monthly, from filing
Dividends & splits
Forward rate$0.57 / yr
Forward yield3.19%
5-year avg yield2.70%
Payout ratio33.97%
Ex-dividend dateJul 16, 2026
Next pay date—
Last split13:10
Split dateJul 14, 2011
Headlines
Oil falls as US prepares to unveil new Iran sanctions
Reuters · 8m ago
New Zealand to introduce bill banning social media for children under 16
Reuters · 16m ago
Workers in China worry over being replaced as they adapt to the growing impact of AI on jobs
Associated Press · 16m ago
Hub Group (HUBG) Q4 Earnings Report Preview: What To Look For
StockStory · 17m ago
IMAX's CTO Sells 15,000 Shares, Reducing His Stake by a Substantial 26% as the Stock Soars
Motley Fool · 18m ago
WMT Stock Heads For Fourth Month In Red: Walmart Reportedly Bets On Under-$25 Fashion Line To Take On Amazon
Stocktwits · 24m ago
Intuit (INTU) Reports Earnings Tomorrow: What To Expect
StockStory · 25m ago
How S&P 500, Nasdaq, Dow Futures Are Moving As Trump’s ‘Economic D-Day’ On Iran, Nvidia Earnings Loom
Stocktwits · 29m ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.