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. Check cash flow quality index of Merchant Express Class A to evaluate the quality of earnings relative to operating cash generation.
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. Explore Merchant Express Class A (001965) long-term investment share to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Merchant Express Class A (2014–2024)
Year-by-year capital reinvestment analysis for Merchant Express Class A. For live market cap and broader valuation context, see how much is Merchant Express Class A worth.
| 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 | — |