Merchant Express Class A (001965) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.039x

Based on the latest financial reports, Merchant Express Class A (001965) has a cash flow conversion efficiency ratio of 0.039x as of September 2025. 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 (CN¥3.33 Billion ≈ $487.23 Million USD) by net assets (CN¥84.38 Billion ≈ $12.35 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see 001965 market cap overview for the company's overall valuation and market capitalisation.

Merchant Express Class A - Cash Flow Conversion Efficiency Trend (2014–2024)

This chart illustrates how Merchant Express Class A's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Merchant Express Class A Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Merchant Express Class A ranked by their cash flow conversion efficiency. Explore Merchant Express Class A cash flow quality index to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Littelfuse Inc NASDAQ:LFUS	0.031x
Aegon NV AS:AGN	0.132x
Banque Cantonale Vaudoise SW:BCVN	0.139x
Mankind Pharma Ltd NSE:MANKIND	0.099x
China Communications Construction Co Ltd SHG:601800	0.028x
CHINA RE.PO.HO.UNS.ADR/15 F:CRP0	N/A
Lynas Rare Earths Limited F:LYIC	0.041x
JSW Energy Limited NSE:JSWENERGY	0.159x

Annual Cash Flow Conversion Efficiency for Merchant Express Class A (2014–2024)

The table below shows the annual cash flow conversion efficiency of Merchant Express Class A from 2014 to 2024. View Merchant Express Class A (001965) share price today for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥88.78 Billion ≈ $12.99 Billion	CN¥7.12 Billion ≈ $1.04 Billion	0.080x	+48.46%
2023-12-31	CN¥82.14 Billion ≈ $12.02 Billion	CN¥4.44 Billion ≈ $649.36 Million	0.054x	-5.72%
2022-12-31	CN¥67.67 Billion ≈ $9.90 Billion	CN¥3.88 Billion ≈ $567.48 Million	0.057x	-21.40%
2021-12-31	CN¥63.32 Billion ≈ $9.27 Billion	CN¥4.62 Billion ≈ $675.50 Million	0.073x	+35.40%
2020-12-31	CN¥59.73 Billion ≈ $8.74 Billion	CN¥3.22 Billion ≈ $470.64 Million	0.054x	-32.59%
2019-12-31	CN¥54.04 Billion ≈ $7.91 Billion	CN¥4.32 Billion ≈ $631.67 Million	0.080x	+7.99%
2018-12-31	CN¥49.80 Billion ≈ $7.29 Billion	CN¥3.68 Billion ≈ $539.01 Million	0.074x	+15.10%
2017-12-31	CN¥46.36 Billion ≈ $6.78 Billion	CN¥2.98 Billion ≈ $435.98 Million	0.064x	+20.61%
2016-12-31	CN¥43.28 Billion ≈ $6.33 Billion	CN¥2.31 Billion ≈ $337.44 Million	0.053x	-4.72%
2015-12-31	CN¥28.02 Billion ≈ $4.10 Billion	CN¥1.57 Billion ≈ $229.26 Million	0.056x	-0.27%
2014-12-31	CN¥25.48 Billion ≈ $3.73 Billion	CN¥1.43 Billion ≈ $209.04 Million	0.056x	--

About Merchant Express Class A

SHE:001965 China Infrastructure Operations

Market Cap

$10.01 Billion

CN¥68.43 Billion CNY

Market Cap Rank

#2230 Global

#235 in China

Share Price

CN¥10.07

Change (1 day)

+0.70%

52-Week Range

CN¥8.72 - CN¥10.70

All Time High

CN¥13.95