Merchant Express Class A Cash Flow Conversion Efficiency

Latest as of September 2025: 0.039x

Merchant Express Class A cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of Merchant Express Class A from 2014 to 2024. This chart illustrates how Merchant Express Class A's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Merchant Express Class A (001965) stock price for real-time trading data and today's change.

Merchant Express Class A Cash Flow Conversion Ratio Explained

Merchant Express Class A cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see market cap of Merchant Express Class A for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
BALOISE HLDG AG ADR/1/10 F:BLO	N/A
Wan Hai Lines Ltd TW:2615	0.044x
Novatek Microelectronics Corp TW:3034	0.096x
Ningbo Zhoushan Port Co Ltd SHG:601018	0.005x
FactSet Research Systems Inc NYSE:FDS	0.102x
Futu Holdings Limited F:6FHA	0.035x
China Railway Construction Corp Ltd SHG:601186	0.003x
New Oriental Education & Technology Group Inc MX:EDUN	0.045x

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. Review Merchant Express Class A free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.

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

$10.19 Billion

CN¥69.65 Billion CNY

Market Cap Rank

#2155 Global

#203 in China

Share Price

CN¥10.25

Change (1 day)

-0.39%

52-Week Range

CN¥8.72 - CN¥10.70

All Time High

CN¥13.95