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Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt.
As of today, China Merchants Securities Asset Management Co.,Ltd's Net Debt Paydown Yield % was -18.62%.
China Merchants Securities Asset Management Co.,Ltd (SHSE:600999) Net Debt Paydown Yield % Explanation
Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.
In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.
* 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 Net Debt Paydown Yield % Chart
China Merchants Securities Asset Management Co.,Ltd Annual Data
SHSE:600999 vs MS, GS, SCHW: Net Debt Paydown Yield % Comparison
For the Capital Markets subindustry, China Merchants Securities Asset Management Co.,Ltd's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
China Merchants Securities Asset Management Co.,Ltd Net Debt Paydown Yield % vs Capital Markets Industry
* 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.
* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.
What does a Net Debt Paydown Yield % of -18.62% mean?
China Merchants Securities Asset Management Co.,Ltd (SHSE:600999) has a Net Debt Paydown Yield % of -18.62% as of Aug. 14, 2026. Net Debt Paydown Yield is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. This metric provides insight into a company's willingness and ability to reduce its debt using free cash flow. View historical data on China Merchants Securities Asset Management Co.,Ltd and its competitors. According to the industry distribution chart, China Merchants Securities Asset Management Co.,Ltd ranks #506 out of 645 companies in the Capital Markets industry, placing it in the top 78.4%.
Is China Merchants Securities Asset Management Co.,Ltd's Net Debt Paydown Yield % too high?
China Merchants Securities Asset Management Co.,Ltd's current Net Debt Paydown Yield % is -18.62%. Based on the distribution chart, China Merchants Securities Asset Management Co.,Ltd ranks #506 out of 645 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, China Merchants Securities Asset Management Co.,Ltd has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Merchants Securities Asset Management Co.,Ltd's Net Debt Paydown Yield % compare to MS and GS?
According to the Capital Markets industry distribution chart, China Merchants Securities Asset Management Co.,Ltd ranks #506 out of 645 companies for Net Debt Paydown Yield %. This places China Merchants Securities Asset Management Co.,Ltd in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Debt Paydown Yield % for a Capital Markets company?
A good Net Debt Paydown Yield % depends on the Capital Markets industry context. However, Net Debt Paydown Yield % 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 Net Debt Paydown Yield % mean?
A high Net Debt Paydown Yield % can signal that a stock is expensive relative to its fundamentals. Net Debt Paydown Yield is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. This metric provides insight into a company's willingness and ability to reduce its debt using free cash flow. View historical data on China Merchants Securities Asset Management Co.,Ltd and its competitors. China Merchants Securities Asset Management Co.,Ltd's current Net Debt Paydown Yield % is -18.62%. 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 (SHSE:600999) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥24.81, compared to a current price of ¥18.04 — trading 27.3% below its estimated fair value. The current Net Debt Paydown Yield % is -18.62%. China Merchants Securities Asset Management Co.,Ltd's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Debt Paydown Yield % calculated?
Net Debt Paydown Yield % is calculated from a company's financial statements. For China Merchants Securities Asset Management Co.,Ltd (SHSE:600999), the current Net Debt Paydown Yield % is -18.62% as of Aug. 14, 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 (SHSE:600999) Overvalued in 2026?
Based on GuruFocus' analysis, China Merchants Securities Asset Management Co.,Ltd stock appears to be undervalued.
The current stock price of ¥18.04 is trading 27.3% below its estimated GF Value™ of ¥24.81.
GuruFocus considers China Merchants Securities Asset Management Co.,Ltd to be Modestly Undervalued.
Key valuation signals for SHSE:600999:
Net Debt Paydown Yield %: -18.62%
GF Value™: ¥24.81 vs. price of ¥18.04 (27.3% below fair value)
No single metric tells the full story. See the SHSE:600999 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
64GF Score
Get the complete analysis for SHSE:600999
Net Debt Paydown Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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