China Merchants Securities Co. Ltd (195H) — Cash Flow-to-Debt Ratio
China Merchants Securities Co. Ltd (195H) has a Cash Flow-to-Debt Ratio of 0.03x as of March 2026, meaning its operating cash flow of €19.69 Billion could theoretically repay 0% of its total liabilities (€646.99 Billion) in one year. See China Merchants Securities Co. Ltd free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
China Merchants Securities Co. Ltd Cash Flow-to-Debt Ratio (2017–2025)
Historical debt coverage capacity for China Merchants Securities Co. Ltd across 9 annual periods. Also explore 195H year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for China Merchants Securities Co. Ltd (2017–2025)
Year-by-year debt coverage analysis for China Merchants Securities Co. Ltd. For market capitalisation and broader financial context, see 195H stock market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (EUR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | -0.05x | €-31.37 Billion | €615.43 Billion | ▼ -155.0% |
| 2024 | 0.09x | €54.73 Billion | €590.91 Billion | ▲ +7.0% |
| 2023 | 0.09x | €49.65 Billion | €573.82 Billion | ▼ -31.3% |
| 2022 | 0.13x | €62.50 Billion | €496.42 Billion | ▲ +248.1% |
| 2021 | -0.08x | €-41.19 Billion | €484.63 Billion | ▼ -241.5% |
| 2020 | -0.02x | €-9.81 Billion | €393.90 Billion | ▼ -173.9% |
| 2019 | 0.03x | €9.99 Billion | €296.64 Billion | ▼ -77.9% |
| 2018 | 0.15x | €34.17 Billion | €224.14 Billion | ▲ +173.9% |
| 2017 | -0.21x | €-42.55 Billion | €206.31 Billion | — |