China Merchants Securities Asset Management Co.,Ltd (SHSE:600999) Other Operating Expense: ¥-6,784 Mil (TTM As of Jun. 2026)

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SHSE:600999 China Merchants Securities Asset Management Co.,Ltd SHSE:600999
70 GF Score
Price ¥17.91
GF Value ¥19.93
Valuation Modestly Undervalued
! 3 Warning Signs
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What is China Merchants Securities Asset Management Co.,Ltd Other Operating Expense?

China Merchants Securities Asset Management Co.,Ltd SHSE:600999 +1.82% 70 Other Operating Expense is ¥-6,784 Mil as of Jun. 2026. GuruFocus rates SHSE:600999 with a GF Score™ of 70/100 and a GF Value™ of ¥19.93 (Modestly Undervalued). The stock has 3 warning signs investors should review.

China Merchants Securities Asset Management Co.,Ltd's Other Operating Expense for the three months ended in Jun. 2026 was ¥-5,399 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 was ¥-6,784 Mil.

China Merchants Securities Asset Management Co.,Ltd's quarterly Other Operating Expense declined from Dec. 2025 (¥52 Mil) to Mar. 2026 (¥-1,009 Mil) and declined from Mar. 2026 (¥-1,009 Mil) to Jun. 2026 (¥-5,399 Mil).

China Merchants Securities Asset Management Co.,Ltd's annual Other Operating Expense declined from Dec. 2023 (¥5,764 Mil) to Dec. 2024 (¥5,744 Mil) but then increased from Dec. 2024 (¥5,744 Mil) to Dec. 2025 (¥8,818 Mil).


China Merchants Securities Asset Management Co.,Ltd Other Operating Expense Related Terms


China Merchants Securities Asset Management Co.,Ltd Other Operating Expense Historical Data

* Premium members only.

The historical data trend for China Merchants Securities Asset Management Co.,Ltd's Other Operating 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 Other Operating Expense Chart

China Merchants Securities Asset Management Co.,Ltd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,968.97 10,390.58 5,763.97 5,744.28 8,817.91

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
Other Operating 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 295.57 -427.83 52.10 -1,009.12 -5,399.32
SHSE:600999
70GF Score
China Merchants Securities Asset Management Co.,Ltd SHSE:600999
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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China Merchants Securities Asset Management Co.,Ltd Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating 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 ¥-6,784 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 Other Operating Expense of ¥-6,784 Mil mean?
China Merchants Securities Asset Management Co.,Ltd (SHSE:600999) has a Other Operating Expense of ¥-6,784 Mil as of Jun. 2026. Other operating expenses that a company records on its income statement. View historical data on China Merchants Securities Asset Management Co.,Ltd and its competitors.
Is China Merchants Securities Asset Management Co.,Ltd's Other Operating Expense too high?
China Merchants Securities Asset Management Co.,Ltd's current Other Operating Expense is ¥-6,784 Mil. Overall, China Merchants Securities Asset Management Co.,Ltd has a GF Score™ of 70/100 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 Other Operating Expense compare to MS and GS?
China Merchants Securities Asset Management Co.,Ltd's Other Operating Expense of ¥-6,784 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 Other Operating Expense for a Capital Markets company?
A good Other Operating Expense depends on the Capital Markets industry context. However, Other Operating 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 Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on China Merchants Securities Asset Management Co.,Ltd and its competitors. China Merchants Securities Asset Management Co.,Ltd's current Other Operating Expense is ¥-6,784 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 (SHSE:600999) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.93, compared to a current price of ¥17.91 — trading 10.1% below its estimated fair value. The current Other Operating Expense is ¥-6,784 Mil. China Merchants Securities Asset Management Co.,Ltd's overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For China Merchants Securities Asset Management Co.,Ltd (SHSE:600999), the current Other Operating Expense is ¥-6,784 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 (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 ¥17.91 is trading 10.1% below its estimated GF Value™ of ¥19.93. GuruFocus considers China Merchants Securities Asset Management Co.,Ltd to be Modestly Undervalued.

Key valuation signals for SHSE:600999:

  • Other Operating Expense: ¥-6,784 Mil
  • GF Value™: ¥19.93 vs. price of ¥17.91 (10.1% below fair value)
  • GF Score™: 70/100 with 3 warning signs

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 Business Description

Other Exchanges 06099:Hong Kong195H:Germany
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.
70GF Score

Get the complete analysis for SHSE:600999

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

¥17.91
Price
¥19.93
GF Value