China Merchants Securities Co. Ltd (195H) — Capital Reinvestment Ratio
China Merchants Securities Co. Ltd (195H) has a Capital Reinvestment Ratio of 0.01x as of March 2026, meaning it reinvests 0% of its operating cash flow (€19.69 Billion) in capital expenditures (€163.32 Million). Check China Merchants Securities Co. Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
China Merchants Securities Co. Ltd Capital Reinvestment Ratio (2018–2024)
This chart tracks China Merchants Securities Co. Ltd's Capital Reinvestment Ratio across 5 annual periods. For the full cash flow conversion analysis, see China Merchants Securities Co. Ltd (195H) cash flow conversion.
Annual Capital Reinvestment Ratio for China Merchants Securities Co. Ltd (2018–2024)
Year-by-year Capital Reinvestment Ratio for China Merchants Securities Co. Ltd from 2018 to 2024. See 195H cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.01x | €54.73 Billion | €763.71 Million | ▲ +34.8% |
| 2023 | 0.01x | €49.65 Billion | €513.88 Million | ▲ +15.5% |
| 2022 | 0.01x | €62.50 Billion | €560.25 Million | ▼ -62.9% |
| 2019 | 0.02x | €9.99 Billion | €241.34 Million | ▲ +78.9% |
| 2018 | 0.01x | €34.17 Billion | €461.34 Million | — |