China Merchants Securities Asset Management Co.,Ltd (SHSE:600999) Total Liabilities: ¥646,991 Mil (As of Mar. 2026)

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SHSE:600999 China Merchants Securities Asset Management Co.,Ltd SHSE:600999
64 GF Score
Price ¥17.75
GF Value ¥24.55
Valuation Modestly Undervalued
! 3 Warning Signs
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What is China Merchants Securities Asset Management Co.,Ltd Total Liabilities?

China Merchants Securities Asset Management Co.,Ltd SHSE:600999 +0.45% 64 Total Liabilities is ¥646,991 Mil as of Mar. 2026. GuruFocus rates SHSE:600999 with a GF Score™ of 64/100 and a GF Value™ of ¥24.55 (Modestly Undervalued). The stock has 3 warning signs investors should review.

China Merchants Securities Asset Management Co.,Ltd's Total Liabilities for the quarter that ended in Mar. 2026 was ¥646,991 Mil.

China Merchants Securities Asset Management Co.,Ltd's quarterly Total Liabilities increased from Sep. 2025 (¥610,919.63 Mil) to Dec. 2025 (¥615,430.26 Mil) and increased from Dec. 2025 (¥615,430.26 Mil) to Mar. 2026 (¥646,990.96 Mil).

China Merchants Securities Asset Management Co.,Ltd's annual Total Liabilities increased from Dec. 2023 (¥573,816.06 Mil) to Dec. 2024 (¥590,908.10 Mil) and increased from Dec. 2024 (¥590,908.10 Mil) to Dec. 2025 (¥615,430.26 Mil).


China Merchants Securities Asset Management Co.,Ltd Total Liabilities Related Terms


China Merchants Securities Asset Management Co.,Ltd Total Liabilities Historical Data

* Premium members only.

The historical data trend for China Merchants Securities Asset Management Co.,Ltd's Total Liabilities 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 Total Liabilities Chart

China Merchants Securities Asset Management Co.,Ltd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 484,630.68 496,419.93 573,816.06 590,908.10 615,430.26

China Merchants Securities Asset Management Co.,Ltd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Liabilities 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 529,631.90 541,387.29 610,919.63 615,430.26 646,990.96
SHSE:600999
64GF Score
China Merchants Securities Asset Management Co.,Ltd SHSE:600999
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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China Merchants Securities Asset Management Co.,Ltd Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

China Merchants Securities Asset Management Co.,Ltd's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=753477.09-138046.83
=615,430

China Merchants Securities Asset Management Co.,Ltd's Total Liabilities for the quarter that ended in Mar. 2026 is calculated as

Total Liabilities=Total Assets (Q: Mar. 2026 )-Total Equity (Q: Mar. 2026 )
=788352.766-141361.806
=646,991

* 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.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of ¥646,991 Mil mean?
China Merchants Securities Asset Management Co.,Ltd (SHSE:600999) has a Total Liabilities of ¥646,991 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for China Merchants Securities Asset Management Co.,Ltd and its competitors.
Is China Merchants Securities Asset Management Co.,Ltd's Total Liabilities too high?
China Merchants Securities Asset Management Co.,Ltd's current Total Liabilities is ¥646,991 Mil. 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 Total Liabilities compare to MS and GS?
China Merchants Securities Asset Management Co.,Ltd's Total Liabilities of ¥646,991 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 Total Liabilities for a Capital Markets company?
A good Total Liabilities depends on the Capital Markets industry context. However, Total Liabilities 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 Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for China Merchants Securities Asset Management Co.,Ltd and its competitors. China Merchants Securities Asset Management Co.,Ltd's current Total Liabilities is ¥646,991 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 ¥24.55, compared to a current price of ¥17.75 — trading 27.7% below its estimated fair value. The current Total Liabilities is ¥646,991 Mil. 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 Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For China Merchants Securities Asset Management Co.,Ltd (SHSE:600999), the current Total Liabilities is ¥646,991 Mil as of Mar. 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 ¥17.75 is trading 27.7% below its estimated GF Value™ of ¥24.55. GuruFocus considers China Merchants Securities Asset Management Co.,Ltd to be Modestly Undervalued.

Key valuation signals for SHSE:600999:

  • Total Liabilities: ¥646,991 Mil
  • GF Value™: ¥24.55 vs. price of ¥17.75 (27.7% below fair value)
  • GF Score™: 64/100 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.
64GF Score

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

¥17.75
Price
¥24.55
GF Value