CN Stock MarketDetailed Quotes

China Merchants (600999)

Watchlist

17.34
-0.09-0.52%

Market Closed May 22 15:00 CST

150.80BMarket Cap11.33P/E (TTM)

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

China Merchants (600999) Balance Sheet

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YOY

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(Q1)Mar 31, 2026

(FY)Dec 31, 2025

(Q9)Sep 30, 2025

(Q6)Jun 30, 2025

(Q1)Mar 31, 2025

(FY)Dec 31, 2024

(Q9)Sep 30, 2024

(Q6)Jun 30, 2024

(Q1)Mar 31, 2024

(FY)Dec 31, 2023

Assets

Money funds

32.98%147.94B

-7.99%132.79B

-6.13%128.25B

39.57%129.61B

23.61%111.24B

31.18%144.32B

40.15%136.62B

-17.18%92.86B

-19.47%90B

-2.96%110.02B

-Including:Client deposit

33.80%127.58B

-6.96%116.42B

-8.68%109.71B

46.75%111.52B

26.94%95.36B

30.47%125.13B

40.76%120.14B

-21.72%75.99B

-23.13%75.12B

7.60%95.91B

Settlement provisions

133.94%55.14B

20.44%40.03B

98.86%44.09B

-12.60%22.75B

-12.69%23.57B

-11.83%33.23B

-30.82%22.17B

2.77%26.03B

2.85%27B

58.34%37.69B

-Including:Client provisions

168.56%49.69B

43.78%34.61B

124.50%38.16B

16.27%16.26B

6.52%18.5B

16.95%24.07B

-22.68%17B

-9.72%13.98B

36.91%17.37B

29.22%20.58B

Transactional financial assets

-0.48%268.51B

1.96%270.67B

8.45%282.47B

2.51%263.63B

3.45%269.81B

-4.76%265.46B

-4.08%260.45B

-3.07%257.18B

6.45%260.82B

15.29%278.74B

Derivative assets

157.85%4.39B

-36.59%2.95B

-63.91%2.54B

-83.62%1.59B

-76.63%1.7B

-30.42%4.65B

37.36%7.03B

104.20%9.68B

111.15%7.28B

82.26%6.68B

Bought sellback assets

11.66%27.13B

-15.10%27.04B

-17.50%18.7B

-30.30%24.83B

-38.69%24.3B

-36.02%31.85B

-31.77%22.67B

-4.51%35.63B

24.55%39.64B

0.39%49.78B

Refundable deposit

48.97%21.39B

41.20%18.52B

35.92%18.16B

36.46%14.66B

43.60%14.36B

1.29%13.11B

0.46%13.36B

-16.85%10.75B

-26.91%10B

6.01%12.95B

Debt investment

-51.60%86.75M

-86.93%180.32M

----

-84.53%179.23M

99.59%1.38B

38.24%783.12M

-24.07%484.43M

200.29%1.16B

23.58%691.49M

Other debt investment

12.43%64.86B

2.32%69.93B

-4.66%65.47B

-8.92%63.15B

-20.92%57.69B

-3.46%68.35B

9.82%68.67B

13.65%69.34B

24.28%72.95B

16.27%70.8B

Other equity investment

15.94%40.63B

-9.12%35.43B

-0.82%34.28B

1.83%33.43B

32.34%35.04B

120.26%38.98B

1,960.35%34.56B

1,831.50%32.83B

1,385.51%26.48B

986.84%17.7B

Long term equity investment

4.66%13.7B

4.98%13.34B

6.15%13.08B

6.32%12.7B

8.02%13.09B

8.13%12.71B

8.47%12.32B

8.77%11.95B

8.88%12.11B

9.36%11.75B

Fixed assets

----

-0.46%1.42B

----

0.54%1.51B

----

-3.97%1.43B

----

-0.64%1.51B

Intangible assets

26.17%1.25B

25.25%1.26B

32.82%1.03B

33.09%994.59M

40.97%990.71M

42.84%1B

44.77%774.79M

54.16%747.3M

62.78%702.8M

63.42%703.37M

Goodwill

0.00%9.67M

Deferred tax assets

-75.07%226.21M

-15.97%483.69M

-80.08%226.63M

-68.32%409.02M

23.78%907.31M

-63.65%575.63M

-38.93%1.14B

-23.28%1.29B

-57.84%732.98M

-14.27%1.58B

Financing funds

33.43%133.61B

39.53%133.35B

73.73%129.28B

21.86%95.32B

24.49%100.13B

14.23%95.57B

-9.53%74.41B

-5.32%78.22B

-5.44%80.43B

2.61%83.67B

Other assets

18.32%6.33B

-32.70%4.62B

-44.35%4.92B

-26.35%6.6B

-46.94%5.35B

-29.25%6.87B

26.26%8.85B

26.38%8.96B

73.78%10.08B

63.63%9.71B

Total assets

19.21%788.35B

4.48%753.48B

11.83%745.63B

5.28%672.86B

2.91%661.29B

3.64%721.16B

6.85%666.76B

1.84%639.13B

7.00%642.58B

13.76%695.85B

Liabilities

Short term loan

47.43%10.62B

-22.75%7.5B

7.13%8.15B

46.65%8.41B

23.30%7.2B

57.06%9.71B

44.54%7.61B

0.80%5.73B

-8.67%5.84B

-41.72%6.18B

Borrowing capital

-75.73%2.84B

-40.88%5.9B

-77.98%3.1B

-18.27%11.11B

45.26%11.68B

-63.12%9.98B

130.52%14.07B

4.29%13.6B

95.88%8.04B

150.51%27.06B

Transactional financial liabilities

8.43%60.26B

-21.38%42.18B

29.68%56B

-29.37%40.52B

-9.90%55.58B

20.46%53.65B

-2.32%43.19B

44.58%57.36B

48.61%61.68B

-6.72%44.54B

Contract liabilities

48.91%61.67M

29.68%43M

25.98%49.84M

-10.96%38.29M

-35.04%41.42M

-40.24%33.16M

-34.29%39.56M

-10.67%43.01M

31.71%63.75M

-13.04%55.49M

Derivative liabilities

164.52%7.98B

38.50%7.23B

-18.86%6.85B

-43.17%3.86B

-53.69%3.02B

-24.78%5.22B

78.77%8.44B

77.65%6.79B

92.48%6.51B

141.35%6.94B

Funds from selling out and repurchasing financial assets

-15.03%122.03B

0.96%152.38B

3.79%157.12B

9.49%159.3B

0.11%143.61B

5.78%150.93B

11.67%151.38B

7.31%145.49B

10.39%143.45B

18.11%142.68B

Funds from securities trading agency

55.06%184.03B

2.25%155.02B

9.63%153.29B

45.59%133.03B

26.46%118.68B

28.64%151.61B

28.86%139.83B

-19.59%91.38B

-16.44%93.85B

10.79%117.85B

Funds from underwriting securities agency

----

--8.1M

--230M

----

Salaries payable

14.32%6.23B

5.72%5.72B

19.03%7.46B

4.02%6.19B

0.10%5.45B

-2.03%5.41B

18.79%6.27B

-14.61%5.95B

-16.15%5.44B

-15.76%5.53B

Taxs payable

26.04%783.37M

30.72%1.07B

24.55%653.05M

33.58%578.8M

52.88%621.52M

91.39%819.07M

-37.82%524.33M

-30.40%433.29M

-26.64%406.54M

-39.89%427.96M

Estimate liabilities

--1.18M

----

--140.15K

-23.33%678.32K

-95.08%677.68K

-99.22%677.44K

Long term Loan

-18.91%2.9B

-17.57%2.96B

64.83%3.45B

67.61%3.55B

70.10%3.58B

88.16%3.59B

8.35%2.09B

9.09%2.12B

84.63%2.1B

64.01%1.91B

Bonds payable

53.03%161.99B

22.03%140.3B

8.55%109.26B

-6.78%96.73B

-4.12%105.86B

-5.76%114.97B

-15.80%100.65B

-17.23%103.76B

-5.75%110.4B

-9.39%121.99B

Deferred tax liabilitise

40.88%617.71M

30.13%570.39M

10.18%504.38M

-14.30%445.19M

-19.58%438.46M

-21.51%438.31M

-17.77%457.78M

-11.88%519.46M

16.13%545.18M

15.88%558.41M

Other liabilitise

6.35%1.06B

-9.53%1.11B

26.74%1.5B

37.11%4.53B

-1.12%992.61M

-28.88%1.23B

-37.55%1.18B

9.15%3.3B

-45.12%1B

-14.37%1.73B

Total liabilities

22.16%646.99B

4.15%615.43B

12.99%610.92B

5.21%541.39B

2.21%529.63B

2.98%590.91B

7.20%540.71B

1.04%514.6B

7.29%518.2B

15.59%573.82B

Shareholders equity

Paid-in capital

0.00%8.7B

Other equity instruments

13.33%17B

6.00%15.9B

0.00%15B

-Equity of Perpetual debt

13.33%17B

6.00%15.9B

0.00%15B

Capital reserve funds

-0.00%40.36B

0.00%40.36B

-0.01%40.36B

0.04%40.36B

Surplus reserve funds

0.00%5.24B

Retained profit

13.88%46.16B

12.04%42.96B

13.91%41.95B

11.28%39.35B

13.89%40.54B

14.49%38.35B

11.64%36.83B

12.89%35.36B

14.64%35.59B

16.32%33.49B

Other composite income

-36.46%693.65M

-68.65%593.24M

-38.92%707.71M

6.27%1.18B

47.65%1.09B

274.96%1.89B

494.81%1.16B

135.05%1.11B

743.62%739.36M

778.70%504.62M

Ordinary risk reserve funds

12.16%23.17B

12.16%23.16B

10.66%20.69B

10.63%20.67B

10.61%20.66B

10.60%20.65B

9.51%18.69B

9.52%18.69B

9.52%18.68B

9.53%18.67B

Shareholders equity without minority interests

7.40%141.32B

6.01%138B

6.88%134.64B

5.58%131.4B

5.86%131.58B

6.74%130.18B

5.37%125.97B

5.33%124.45B

5.82%124.3B

5.89%121.96B

Minority interests

-42.63%42.81M

-42.70%42.17M

-2.88%76.3M

-2.72%75.66M

-2.54%74.62M

-2.52%73.6M

-3.91%78.56M

-8.62%77.77M

-8.13%76.57M

-8.46%75.51M

Total shareholder equity

7.37%141.36B

5.98%138.05B

6.87%134.71B

5.58%131.47B

5.85%131.66B

6.73%130.25B

5.37%126.05B

5.32%124.53B

5.81%124.38B

5.88%122.04B

Total liabilities and equity

19.21%788.35B

4.48%753.48B

11.83%745.63B

5.28%672.86B

2.91%661.29B

3.64%721.16B

6.85%666.76B

1.84%639.13B

7.00%642.58B

13.76%695.85B

Currency Unit

CNY

Accounting Standards

CAS (2007)

Audit Opinions

Unqualified opinion

Auditor

KPMG Huazhen Certified Public Accountants (Special General Partnership)

Deloitte Touche Tohmatsu Certified Public Accountants (Special General Partnership)

	(Q1)Mar 31, 2026	(FY)Dec 31, 2025	(Q9)Sep 30, 2025	(Q6)Jun 30, 2025	(Q1)Mar 31, 2025	(FY)Dec 31, 2024	(Q9)Sep 30, 2024	(Q6)Jun 30, 2024	(Q1)Mar 31, 2024	(FY)Dec 31, 2023
Assets
Money funds	32.98%147.94B	-7.99%132.79B	-6.13%128.25B	39.57%129.61B	23.61%111.24B	31.18%144.32B	40.15%136.62B	-17.18%92.86B	-19.47%90B	-2.96%110.02B
-Including:Client deposit	33.80%127.58B	-6.96%116.42B	-8.68%109.71B	46.75%111.52B	26.94%95.36B	30.47%125.13B	40.76%120.14B	-21.72%75.99B	-23.13%75.12B	7.60%95.91B
Settlement provisions	133.94%55.14B	20.44%40.03B	98.86%44.09B	-12.60%22.75B	-12.69%23.57B	-11.83%33.23B	-30.82%22.17B	2.77%26.03B	2.85%27B	58.34%37.69B
-Including:Client provisions	168.56%49.69B	43.78%34.61B	124.50%38.16B	16.27%16.26B	6.52%18.5B	16.95%24.07B	-22.68%17B	-9.72%13.98B	36.91%17.37B	29.22%20.58B
Transactional financial assets	-0.48%268.51B	1.96%270.67B	8.45%282.47B	2.51%263.63B	3.45%269.81B	-4.76%265.46B	-4.08%260.45B	-3.07%257.18B	6.45%260.82B	15.29%278.74B
Derivative assets	157.85%4.39B	-36.59%2.95B	-63.91%2.54B	-83.62%1.59B	-76.63%1.7B	-30.42%4.65B	37.36%7.03B	104.20%9.68B	111.15%7.28B	82.26%6.68B
Bought sellback assets	11.66%27.13B	-15.10%27.04B	-17.50%18.7B	-30.30%24.83B	-38.69%24.3B	-36.02%31.85B	-31.77%22.67B	-4.51%35.63B	24.55%39.64B	0.39%49.78B
Refundable deposit	48.97%21.39B	41.20%18.52B	35.92%18.16B	36.46%14.66B	43.60%14.36B	1.29%13.11B	0.46%13.36B	-16.85%10.75B	-26.91%10B	6.01%12.95B
Debt investment	-51.60%86.75M	-86.93%180.32M	----	----	-84.53%179.23M	99.59%1.38B	38.24%783.12M	-24.07%484.43M	200.29%1.16B	23.58%691.49M
Other debt investment	12.43%64.86B	2.32%69.93B	-4.66%65.47B	-8.92%63.15B	-20.92%57.69B	-3.46%68.35B	9.82%68.67B	13.65%69.34B	24.28%72.95B	16.27%70.8B
Other equity investment	15.94%40.63B	-9.12%35.43B	-0.82%34.28B	1.83%33.43B	32.34%35.04B	120.26%38.98B	1,960.35%34.56B	1,831.50%32.83B	1,385.51%26.48B	986.84%17.7B
Long term equity investment	4.66%13.7B	4.98%13.34B	6.15%13.08B	6.32%12.7B	8.02%13.09B	8.13%12.71B	8.47%12.32B	8.77%11.95B	8.88%12.11B	9.36%11.75B
Fixed assets	----	----	----	-0.46%1.42B	----	0.54%1.51B	----	-3.97%1.43B	----	-0.64%1.51B
Intangible assets	26.17%1.25B	25.25%1.26B	32.82%1.03B	33.09%994.59M	40.97%990.71M	42.84%1B	44.77%774.79M	54.16%747.3M	62.78%702.8M	63.42%703.37M
Goodwill	0.00%9.67M	0.00%9.67M	0.00%9.67M	0.00%9.67M	0.00%9.67M	0.00%9.67M	0.00%9.67M	0.00%9.67M	0.00%9.67M	0.00%9.67M
Deferred tax assets	-75.07%226.21M	-15.97%483.69M	-80.08%226.63M	-68.32%409.02M	23.78%907.31M	-63.65%575.63M	-38.93%1.14B	-23.28%1.29B	-57.84%732.98M	-14.27%1.58B
Financing funds	33.43%133.61B	39.53%133.35B	73.73%129.28B	21.86%95.32B	24.49%100.13B	14.23%95.57B	-9.53%74.41B	-5.32%78.22B	-5.44%80.43B	2.61%83.67B
Other assets	18.32%6.33B	-32.70%4.62B	-44.35%4.92B	-26.35%6.6B	-46.94%5.35B	-29.25%6.87B	26.26%8.85B	26.38%8.96B	73.78%10.08B	63.63%9.71B
Total assets	19.21%788.35B	4.48%753.48B	11.83%745.63B	5.28%672.86B	2.91%661.29B	3.64%721.16B	6.85%666.76B	1.84%639.13B	7.00%642.58B	13.76%695.85B
Liabilities
Short term loan	47.43%10.62B	-22.75%7.5B	7.13%8.15B	46.65%8.41B	23.30%7.2B	57.06%9.71B	44.54%7.61B	0.80%5.73B	-8.67%5.84B	-41.72%6.18B
Borrowing capital	-75.73%2.84B	-40.88%5.9B	-77.98%3.1B	-18.27%11.11B	45.26%11.68B	-63.12%9.98B	130.52%14.07B	4.29%13.6B	95.88%8.04B	150.51%27.06B
Transactional financial liabilities	8.43%60.26B	-21.38%42.18B	29.68%56B	-29.37%40.52B	-9.90%55.58B	20.46%53.65B	-2.32%43.19B	44.58%57.36B	48.61%61.68B	-6.72%44.54B
Contract liabilities	48.91%61.67M	29.68%43M	25.98%49.84M	-10.96%38.29M	-35.04%41.42M	-40.24%33.16M	-34.29%39.56M	-10.67%43.01M	31.71%63.75M	-13.04%55.49M
Derivative liabilities	164.52%7.98B	38.50%7.23B	-18.86%6.85B	-43.17%3.86B	-53.69%3.02B	-24.78%5.22B	78.77%8.44B	77.65%6.79B	92.48%6.51B	141.35%6.94B
Funds from selling out and repurchasing financial assets	-15.03%122.03B	0.96%152.38B	3.79%157.12B	9.49%159.3B	0.11%143.61B	5.78%150.93B	11.67%151.38B	7.31%145.49B	10.39%143.45B	18.11%142.68B
Funds from securities trading agency	55.06%184.03B	2.25%155.02B	9.63%153.29B	45.59%133.03B	26.46%118.68B	28.64%151.61B	28.86%139.83B	-19.59%91.38B	-16.44%93.85B	10.79%117.85B
Funds from underwriting securities agency	----	--8.1M	--230M	----	----	----	----	----	----	----
Salaries payable	14.32%6.23B	5.72%5.72B	19.03%7.46B	4.02%6.19B	0.10%5.45B	-2.03%5.41B	18.79%6.27B	-14.61%5.95B	-16.15%5.44B	-15.76%5.53B
Taxs payable	26.04%783.37M	30.72%1.07B	24.55%653.05M	33.58%578.8M	52.88%621.52M	91.39%819.07M	-37.82%524.33M	-30.40%433.29M	-26.64%406.54M	-39.89%427.96M
Estimate liabilities	--1.18M	--1.18M	----	----	----	----	--140.15K	-23.33%678.32K	-95.08%677.68K	-99.22%677.44K
Long term Loan	-18.91%2.9B	-17.57%2.96B	64.83%3.45B	67.61%3.55B	70.10%3.58B	88.16%3.59B	8.35%2.09B	9.09%2.12B	84.63%2.1B	64.01%1.91B
Bonds payable	53.03%161.99B	22.03%140.3B	8.55%109.26B	-6.78%96.73B	-4.12%105.86B	-5.76%114.97B	-15.80%100.65B	-17.23%103.76B	-5.75%110.4B	-9.39%121.99B
Deferred tax liabilitise	40.88%617.71M	30.13%570.39M	10.18%504.38M	-14.30%445.19M	-19.58%438.46M	-21.51%438.31M	-17.77%457.78M	-11.88%519.46M	16.13%545.18M	15.88%558.41M
Other liabilitise	6.35%1.06B	-9.53%1.11B	26.74%1.5B	37.11%4.53B	-1.12%992.61M	-28.88%1.23B	-37.55%1.18B	9.15%3.3B	-45.12%1B	-14.37%1.73B
Total liabilities	22.16%646.99B	4.15%615.43B	12.99%610.92B	5.21%541.39B	2.21%529.63B	2.98%590.91B	7.20%540.71B	1.04%514.6B	7.29%518.2B	15.59%573.82B
Shareholders equity
Paid-in capital	0.00%8.7B	0.00%8.7B	0.00%8.7B	0.00%8.7B	0.00%8.7B	0.00%8.7B	0.00%8.7B	0.00%8.7B	0.00%8.7B	0.00%8.7B
Other equity instruments	13.33%17B	13.33%17B	13.33%17B	6.00%15.9B	0.00%15B	0.00%15B	0.00%15B	0.00%15B	0.00%15B	0.00%15B
-Equity of Perpetual debt	13.33%17B	13.33%17B	13.33%17B	6.00%15.9B	0.00%15B	0.00%15B	0.00%15B	0.00%15B	0.00%15B	0.00%15B
Capital reserve funds	-0.00%40.36B	-0.00%40.36B	-0.00%40.36B	-0.00%40.36B	0.00%40.36B	0.00%40.36B	-0.01%40.36B	-0.01%40.36B	0.04%40.36B	0.04%40.36B
Surplus reserve funds	0.00%5.24B	0.00%5.24B	0.00%5.24B	0.00%5.24B	0.00%5.24B	0.00%5.24B	0.00%5.24B	0.00%5.24B	0.00%5.24B	0.00%5.24B
Retained profit	13.88%46.16B	12.04%42.96B	13.91%41.95B	11.28%39.35B	13.89%40.54B	14.49%38.35B	11.64%36.83B	12.89%35.36B	14.64%35.59B	16.32%33.49B
Other composite income	-36.46%693.65M	-68.65%593.24M	-38.92%707.71M	6.27%1.18B	47.65%1.09B	274.96%1.89B	494.81%1.16B	135.05%1.11B	743.62%739.36M	778.70%504.62M
Ordinary risk reserve funds	12.16%23.17B	12.16%23.16B	10.66%20.69B	10.63%20.67B	10.61%20.66B	10.60%20.65B	9.51%18.69B	9.52%18.69B	9.52%18.68B	9.53%18.67B
Shareholders equity without minority interests	7.40%141.32B	6.01%138B	6.88%134.64B	5.58%131.4B	5.86%131.58B	6.74%130.18B	5.37%125.97B	5.33%124.45B	5.82%124.3B	5.89%121.96B
Minority interests	-42.63%42.81M	-42.70%42.17M	-2.88%76.3M	-2.72%75.66M	-2.54%74.62M	-2.52%73.6M	-3.91%78.56M	-8.62%77.77M	-8.13%76.57M	-8.46%75.51M
Total shareholder equity	7.37%141.36B	5.98%138.05B	6.87%134.71B	5.58%131.47B	5.85%131.66B	6.73%130.25B	5.37%126.05B	5.32%124.53B	5.81%124.38B	5.88%122.04B
Total liabilities and equity	19.21%788.35B	4.48%753.48B	11.83%745.63B	5.28%672.86B	2.91%661.29B	3.64%721.16B	6.85%666.76B	1.84%639.13B	7.00%642.58B	13.76%695.85B
Currency Unit	CNY	CNY	CNY	CNY	CNY	CNY	CNY	CNY	CNY	CNY
Accounting Standards	CAS (2007)	CAS (2007)	CAS (2007)	CAS (2007)	CAS (2007)	CAS (2007)	CAS (2007)	CAS (2007)	CAS (2007)	CAS (2007)
Audit Opinions	--	Unqualified opinion	--	--	--	Unqualified opinion	--	--	--	Unqualified opinion
Auditor	--	KPMG Huazhen Certified Public Accountants (Special General Partnership)	--	--	--	KPMG Huazhen Certified Public Accountants (Special General Partnership)	--	--	--	Deloitte Touche Tohmatsu Certified Public Accountants (Special General Partnership)

FY: Financial Year. Refers to the 10-K file disclosed by the listed company to the SEC.

Q: Quarter. Refers to the 10-Q file disclosed by the listed company to the SEC. Q1, Q2, Q3, and Q4 are quarterly reports each with a span of 3 months; Q6 and Q9 are cumulative reports, with Q6 including 6 months and Q9 9 months.

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