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). See how much free cash does China Merchants Securities Co. Ltd generate to measure how efficiently the company converts operating cash flow to free cash.
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.
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. For live market cap and broader valuation context, see China Merchants Securities Co. Ltd stock valuation.
| 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 | — |