Merchant Express Class A Capital Reinvestment Ratio
Merchant Express Class A capital reinvestment ratio. Merchant Express Class A (001965) has a Capital Reinvestment Ratio of 0.06x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥3.33 Billion) in capital expenditures (CN¥210.54 Million). Check Merchant Express Class A total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Merchant Express Class A (2014–2024)
Capital reinvestment ratio of Merchant Express Class A from 2014 to 2024. This chart tracks Merchant Express Class A's Capital Reinvestment Ratio across 11 annual periods. Also explore Merchant Express Class A (001965) net asset momentum to track the company's year-over-year net asset growth rate.
Merchant Express Class A Capital Reinvestment Ratio by Year (2014–2024)
Merchant Express Class A capital reinvestment ratio by year from 2014 to 2024. For the full cash flow conversion analysis, see Merchant Express Class A (001965) cash conversion ratio.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.18x | CN¥7.12 Billion | CN¥1.25 Billion | ▲ +44.4% |
| 2023 | 0.12x | CN¥4.44 Billion | CN¥538.88 Million | ▼ -37.1% |
| 2022 | 0.19x | CN¥3.88 Billion | CN¥748.16 Million | ▲ +16.0% |
| 2021 | 0.17x | CN¥4.62 Billion | CN¥767.60 Million | ▼ -64.1% |
| 2020 | 0.46x | CN¥3.22 Billion | CN¥1.49 Billion | ▲ +139.0% |
| 2019 | 0.19x | CN¥4.32 Billion | CN¥835.60 Million | ▼ -6.2% |
| 2018 | 0.21x | CN¥3.68 Billion | CN¥760.39 Million | ▲ +6.5% |
| 2017 | 0.19x | CN¥2.98 Billion | CN¥577.40 Million | ▼ -27.9% |
| 2016 | 0.27x | CN¥2.31 Billion | CN¥620.20 Million | ▼ -35.9% |
| 2015 | 0.42x | CN¥1.57 Billion | CN¥657.86 Million | ▼ -45.9% |
| 2014 | 0.78x | CN¥1.43 Billion | CN¥1.11 Billion | — |