China Merchants Securities Co Ltd (600999) — Cash Flow Reinvestment Rate

Latest as of June 2025: 0.06x

China Merchants Securities Co Ltd (600999) has a Cash Flow Reinvestment Rate of 0.06x as of June 2025, reinvesting CN¥2.02 Billion (capex CN¥86.15 Million plus investments CN¥-1.93 Billion) from operating cash flow of CN¥32.99 Billion. Check China Merchants Securities Co Ltd cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.06x
(Capex + Investments) / Operating CF

Total Reinvested

CN¥2.02 Billion
Capex + Investments

Operating Cash Flow

CN¥32.99 Billion
CNY

Capital Expenditures

CN¥86.15 Million
CNY

China Merchants Securities Co Ltd Cash Flow Reinvestment Rate (2005–2024)

Historical reinvestment intensity for China Merchants Securities Co Ltd across 11 annual periods. Explore China Merchants Securities Co Ltd long-term investment intensity to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for China Merchants Securities Co Ltd (2005–2024)

Year-by-year capital reinvestment analysis for China Merchants Securities Co Ltd. For live market cap and broader valuation context, see China Merchants Securities Co Ltd (600999) total market value.

Year Reinvestment Rate Total Reinvested (CNY) Operating CF Capex YoY Change
2024 0.26x CN¥14.27 Billion CN¥54.73 Billion CN¥763.71 Million ▼ -36.8%
2023 0.41x CN¥11.18 Billion CN¥27.10 Billion CN¥608.24 Million ▲ +30.9%
2022 0.32x CN¥19.69 Billion CN¥62.50 Billion CN¥560.25 Million ▼ -25.5%
2019 0.42x CN¥4.22 Billion CN¥9.99 Billion CN¥241.34 Million ▼ -28.4%
2018 0.59x CN¥20.17 Billion CN¥34.17 Billion CN¥461.34 Million ▼ -96.6%
2015 17.49x CN¥20.96 Billion CN¥1.20 Billion CN¥401.38 Million ▲ +94621.9%
2014 0.02x CN¥362.08 Million CN¥19.61 Billion CN¥362.08 Million ▲ +231.4%
2009 0.01x CN¥123.22 Million CN¥22.12 Billion CN¥123.22 Million ▲ +21.2%
2007 0.00x CN¥268.34 Million CN¥58.37 Billion CN¥268.34 Million ▼ -66.3%
2006 0.01x CN¥138.70 Million CN¥10.17 Billion CN¥138.70 Million ▼ -4.5%
2005 0.01x CN¥23.89 Million CN¥1.67 Billion CN¥23.89 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow