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 China Merchants Bank Co. Ltd (M4B) balance sheet quality index to measure how much of total assets are equity-financed.

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. Check how high is China Merchants Bank Co. Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.

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
Coal India Limited NSE:COALINDIA	0.083x
Teledyne Technologies Incorporated NYSE:TDY	0.022x
Hannover Rück SE F:HNR1	0.128x
Power Grid Corporation of India Limited NSE:POWERGRID	0.148x
Asia Vital Components Co Ltd TW:3017	0.271x
George Weston Limited TO:WN	0.304x
VICI Properties Inc NYSE:VICI	0.022x
China Hongqiao Group Ltd F:H0Q	N/A

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 stock market capitalisation.

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

$28.74 Billion

€24.58 Billion EUR

Market Cap Rank

#920 Global

#200 in Germany

Share Price

€5.35

Change (1 day)

+3.28%

52-Week Range

€4.83 - €5.82

All Time High

€6.08