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. See China Merchants Securities Co. Ltd (195H) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see China Merchants Securities Co. Ltd (195H) cash flow conversion.
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. See financial flexibility index of China Merchants Securities Co. Ltd to measure the company's free cash flow as a share of total liabilities.
| 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 | — |