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. Check China Merchants Securities Co. Ltd cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
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. Explore 195H long-term investments to assets to see how much of total assets are deployed in long-term investments.
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 market value of China Merchants Securities Co. Ltd.
| 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 | — |