China Merchants Bank Co. Ltd (M4B) — Cash Flow Quality Index

Latest as of March 2026: 3.32x

China Merchants Bank Co. Ltd (M4B) has a Cash Flow Quality Index of 3.32x as of March 2026. Operating cash flow of €125.85 Billion exceeds net income of €37.85 Billion, indicating high earnings quality where cash backs reported profits. Explore China Merchants Bank Co. Ltd long-term investment intensity to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

3.32x
Operating CF / Net Income

Operating Cash Flow

€125.85 Billion
EUR

Net Income

€37.85 Billion
EUR

Data as of

Mar 2026
Most recent filing

China Merchants Bank Co. Ltd Cash Flow Quality Index (2013–2025)

Historical Cash Flow Quality Index for China Merchants Bank Co. Ltd across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is China Merchants Bank Co. Ltd's equity to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for China Merchants Bank Co. Ltd (2013–2025)

Year-by-year earnings quality comparison for China Merchants Bank Co. Ltd. For live market cap and the full company financial profile, see China Merchants Bank Co. Ltd stock valuation.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2025 3.01x €451.46 Billion €150.18 Billion ▼ -0.2%
2024 3.01x €447.02 Billion €148.39 Billion ▼ -7.5%
2023 3.26x €477.30 Billion €146.60 Billion ▼ -21.2%
2022 4.13x €570.14 Billion €138.01 Billion ▲ +172.1%
2021 1.52x €182.05 Billion €119.92 Billion ▼ -64.9%
2020 4.33x €421.33 Billion €97.34 Billion ▲ +8969.5%
2019 0.05x €4.43 Billion €92.87 Billion ▲ +110.8%
2018 -0.44x €-35.72 Billion €80.56 Billion ▼ -449.6%
2017 -0.08x €-5.66 Billion €70.15 Billion ▲ +95.8%
2016 -1.94x €-120.61 Billion €62.08 Billion ▼ -128.0%
2015 6.94x €400.42 Billion €57.70 Billion ▲ +42.6%
2014 4.87x €272.17 Billion €55.91 Billion ▲ +111.4%
2013 2.30x €119.15 Billion €51.74 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.