China Merchants Bank Co. Ltd (M4B) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.098x

Based on the latest financial reports, China Merchants Bank Co. Ltd (M4B) has a cash flow conversion efficiency ratio of 0.098x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€125.85 Billion ≈ $147.13 Billion USD) by net assets (€1.29 Trillion ≈ $1.51 Trillion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See M4B defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

China Merchants Bank Co. Ltd - Cash Flow Conversion Efficiency Trend (2013–2025)

This chart illustrates how China Merchants Bank Co. Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

China Merchants Bank Co. Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of China Merchants Bank Co. Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Atmos Energy Corporation NYSE:ATO	0.025x
Caseys General Stores Inc NASDAQ:CASY	0.067x
FIRSTRAND ADR/ 10 RC -01 F:FSR	N/A
DENSO CORP. ADR 4 F:DNOA	N/A
Trip.com Group Limited F:CLV	0.014x
Resona Holdings Inc NYSE:RSHGY	N/A
DexCom Inc NASDAQ:DXCM	0.107x
HOCHTIEF Aktiengesellschaft F:HOT	0.252x

Annual Cash Flow Conversion Efficiency for China Merchants Bank Co. Ltd (2013–2025)

The table below shows the annual cash flow conversion efficiency of China Merchants Bank Co. Ltd from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see M4B market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	€1.28 Trillion ≈ $1.50 Trillion	€451.46 Billion ≈ $527.80 Billion	0.352x	-2.75%
2024-12-31	€1.23 Trillion ≈ $1.44 Trillion	€447.02 Billion ≈ $522.62 Billion	0.362x	-17.56%
2023-12-31	€1.09 Trillion ≈ $1.27 Trillion	€477.30 Billion ≈ $558.01 Billion	0.440x	-26.42%
2022-12-31	€954.24 Billion ≈ $1.12 Trillion	€570.14 Billion ≈ $666.56 Billion	0.597x	+184.12%
2021-12-31	€865.68 Billion ≈ $1.01 Trillion	€182.05 Billion ≈ $212.83 Billion	0.210x	-63.55%
2020-12-31	€730.35 Billion ≈ $853.86 Billion	€421.33 Billion ≈ $492.58 Billion	0.577x	+7940.25%
2019-12-31	€617.71 Billion ≈ $722.16 Billion	€4.43 Billion ≈ $5.18 Billion	0.007x	+110.92%
2018-12-31	€543.61 Billion ≈ $635.53 Billion	€-35.72 Billion ≈ $-41.76 Billion	-0.066x	-461.21%
2017-12-31	€483.39 Billion ≈ $565.14 Billion	€-5.66 Billion ≈ $-6.62 Billion	-0.012x	+96.08%
2016-12-31	€403.36 Billion ≈ $471.57 Billion	€-120.61 Billion ≈ $-141.01 Billion	-0.299x	-127.02%
2015-12-31	€361.76 Billion ≈ $422.93 Billion	€400.42 Billion ≈ $468.13 Billion	1.107x	+28.13%
2014-12-31	€315.06 Billion ≈ $368.34 Billion	€272.17 Billion ≈ $318.20 Billion	0.864x	+92.82%
2013-12-31	€265.96 Billion ≈ $310.93 Billion	€119.15 Billion ≈ $139.30 Billion	0.448x	--

About China Merchants Bank Co. Ltd

F:M4B Germany Banks - Regional

Market Cap

$28.09 Billion

€24.03 Billion EUR

Market Cap Rank

#939 Global

#209 in Germany

Share Price

€5.23

Change (1 day)

+1.75%

52-Week Range

€4.93 - €6.08

All Time High

€6.08