China Merchants Securities Asset Management Co.,Ltd (HKSE:06099) General and Admin. Expense: HK$2,730 Mil (TTM As of Jun. 2026)

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HKSE:06099 China Merchants Securities Asset Management Co.,Ltd HKSE:06099
75 GF Score
Price HK$15.76
GF Value HK$24.11
Valuation Significantly Undervalued
! 3 Warning Signs
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What is China Merchants Securities Asset Management Co.,Ltd General and Admin. Expense?

China Merchants Securities Asset Management Co.,Ltd HKSE:06099 +2.01% 75 General and Admin. Expense is HK$2,730 Mil as of Jun. 2026. GuruFocus rates HKSE:06099 with a GF Score™ of 75/100 and a GF Value™ of HK$24.11 (Significantly Undervalued). The stock has 3 warning signs investors should review.

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. China Merchants Securities Asset Management Co.,Ltd's General and Admin. Expense for the three months ended in Jun. 2026 was HK$-2,196 Mil. Its General and Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2026 was HK$2,730 Mil.


China Merchants Securities Asset Management Co.,Ltd General and Admin. Expense Related Terms


China Merchants Securities Asset Management Co.,Ltd General and Admin. Expense Historical Data

* Premium members only.

The historical data trend for China Merchants Securities Asset Management Co.,Ltd's General and Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

China Merchants Securities Asset Management Co.,Ltd General and Admin. Expense Chart

China Merchants Securities Asset Management Co.,Ltd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
General and Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,672.64 2,597.76 2,541.74 2,485.16 2,597.45

China Merchants Securities Asset Management Co.,Ltd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
General and Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,367.40 7,921.73 -6,443.29 3,446.77 -2,195.53
HKSE:06099
75GF Score
China Merchants Securities Asset Management Co.,Ltd HKSE:06099
General and Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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China Merchants Securities Asset Management Co.,Ltd General and Admin. Expense Calculation

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company.

General and Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$2,730 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a General and Admin. Expense of HK$2,730 Mil mean?
China Merchants Securities Asset Management Co.,Ltd (HKSE:06099) has a General and Admin. Expense of HK$2,730 Mil as of Jun. 2026. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on China Merchants Securities Asset Management Co.,Ltd and its competitors.
Is China Merchants Securities Asset Management Co.,Ltd's General and Admin. Expense too high?
China Merchants Securities Asset Management Co.,Ltd's current General and Admin. Expense is HK$2,730 Mil. Overall, China Merchants Securities Asset Management Co.,Ltd has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Merchants Securities Asset Management Co.,Ltd's General and Admin. Expense compare to MS and GS?
China Merchants Securities Asset Management Co.,Ltd's General and Admin. Expense of HK$2,730 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good General and Admin. Expense for a Capital Markets company?
A good General and Admin. Expense depends on the Capital Markets industry context. However, General and Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high General and Admin. Expense mean?
A high General and Admin. Expense can signal that a stock is expensive relative to its fundamentals. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on China Merchants Securities Asset Management Co.,Ltd and its competitors. China Merchants Securities Asset Management Co.,Ltd's current General and Admin. Expense is HK$2,730 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Securities Asset Management Co.,Ltd stock overvalued right now?
Based on GuruFocus' analysis, China Merchants Securities Asset Management Co.,Ltd (HKSE:06099) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$24.11, compared to a current price of HK$15.76 — trading 34.6% below its estimated fair value. The current General and Admin. Expense is HK$2,730 Mil. China Merchants Securities Asset Management Co.,Ltd's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is General and Admin. Expense calculated?
General and Admin. Expense is calculated from a company's financial statements. For China Merchants Securities Asset Management Co.,Ltd (HKSE:06099), the current General and Admin. Expense is HK$2,730 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is China Merchants Securities Asset Management Co.,Ltd (HKSE:06099) Overvalued in 2026?

Based on GuruFocus' analysis, China Merchants Securities Asset Management Co.,Ltd stock appears to be undervalued. The current stock price of HK$15.76 is trading 34.6% below its estimated GF Value™ of HK$24.11. GuruFocus considers China Merchants Securities Asset Management Co.,Ltd to be Significantly Undervalued.

Key valuation signals for HKSE:06099:

  • General and Admin. Expense: HK$2,730 Mil
  • GF Value™: HK$24.11 vs. price of HK$15.76 (34.6% below fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the HKSE:06099 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Merchants Securities Asset Management Co.,Ltd Business Description

Other Exchanges 195H:Germany600999:China
Address No. 111, Fuhua Yi Road, Futian Street, Futian District, Guangdong Province, Shenzhen, CHN, 518046
China Merchants Securities Asset Management Co.,Ltd is a financial service provider. The company provides services like investment banking, financial advisory, equity underwriting, asset management, investment advisory, and trading equity securities, among others. Its business is divided into four segments: Wealth management and institutional business; Investment banking; Investment management; and Investment and trading. The Wealth management and institutional business segment, which generates key revenue, engages in the trading of stocks and futures contracts on behalf of clients and includes margin financing, securities lending, and selling financial and other wealth management products.
75GF Score

Get the complete analysis for HKSE:06099

General and Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$15.76
Price
HK$24.11
GF Value