Merchant Express Class A (001965) — Cash Flow Reinvestment Rate
Merchant Express Class A (001965) has a Cash Flow Reinvestment Rate of 0.06x as of September 2025, reinvesting CN¥210.54 Million (capex CN¥210.54 Million ) from operating cash flow of CN¥3.33 Billion. See 001965 cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Merchant Express Class A Cash Flow Reinvestment Rate (2014–2024)
Historical reinvestment intensity for Merchant Express Class A across 11 annual periods. For the full cash flow conversion analysis, see 001965 cash flow conversion.
Annual Cash Flow Reinvestment Rate for Merchant Express Class A (2014–2024)
Year-by-year capital reinvestment analysis for Merchant Express Class A. See 001965 financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (CNY) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.27x | CN¥1.96 Billion | CN¥7.12 Billion | CN¥1.25 Billion | ▲ +29.1% |
| 2023 | 0.21x | CN¥943.50 Million | CN¥4.44 Billion | CN¥538.88 Million | ▼ -83.3% |
| 2022 | 1.27x | CN¥4.94 Billion | CN¥3.88 Billion | CN¥748.16 Million | ▲ +37.0% |
| 2021 | 0.93x | CN¥4.29 Billion | CN¥4.62 Billion | CN¥767.60 Million | ▼ -55.1% |
| 2020 | 2.07x | CN¥6.66 Billion | CN¥3.22 Billion | CN¥1.49 Billion | ▲ +158.3% |
| 2019 | 0.80x | CN¥3.46 Billion | CN¥4.32 Billion | CN¥835.60 Million | ▼ -32.1% |
| 2018 | 1.18x | CN¥4.35 Billion | CN¥3.68 Billion | CN¥760.39 Million | ▲ +476.0% |
| 2017 | 0.20x | CN¥610.61 Million | CN¥2.98 Billion | CN¥577.40 Million | ▼ -83.9% |
| 2016 | 1.27x | CN¥2.93 Billion | CN¥2.31 Billion | CN¥620.20 Million | ▲ +4.2% |
| 2015 | 1.22x | CN¥1.91 Billion | CN¥1.57 Billion | CN¥657.86 Million | ▲ +57.1% |
| 2014 | 0.78x | CN¥1.11 Billion | CN¥1.43 Billion | CN¥1.11 Billion | — |