China Merchants Securities Co. Ltd (195H) — Cash Flow Reinvestment Rate
China Merchants Securities Co. Ltd (195H) has a Cash Flow Reinvestment Rate of 0.05x as of March 2026, reinvesting €1.07 Billion (capex €163.32 Million plus investments €906.24 Million) from operating cash flow of €19.69 Billion. Explore China Merchants Securities Co. Ltd capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
China Merchants Securities Co. Ltd Cash Flow Reinvestment Rate (2018–2024)
Historical reinvestment intensity for China Merchants Securities Co. Ltd across 5 annual periods. Also explore China Merchants Securities Co. Ltd asset portfolio for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for China Merchants Securities Co. Ltd (2018–2024)
Year-by-year capital reinvestment analysis for China Merchants Securities Co. Ltd. For live market cap and broader valuation context, see 195H market cap overview.
| Year | Reinvestment Rate | Total Reinvested (EUR) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.26x | €14.27 Billion | €54.73 Billion | €763.71 Million | ▲ +16.8% |
| 2023 | 0.22x | €11.08 Billion | €49.65 Billion | €513.88 Million | ▼ -29.2% |
| 2022 | 0.32x | €19.69 Billion | €62.50 Billion | €560.25 Million | ▼ -25.5% |
| 2019 | 0.42x | €4.22 Billion | €9.99 Billion | €241.34 Million | ▼ -28.4% |
| 2018 | 0.59x | €20.17 Billion | €34.17 Billion | €461.34 Million | — |