China Merchants Securities Co Ltd Cash Flow-to-Debt Ratio

Latest as of September 2025: -0.02x

China Merchants Securities Co Ltd cash flow-to-debt ratio. China Merchants Securities Co Ltd (600999) has a Cash Flow-to-Debt Ratio of -0.02x as of September 2025, meaning its operating cash flow of CN¥-11.41 Billion could theoretically repay 0% of its total liabilities (CN¥627.92 Billion) in one year. Check 600999 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

CF-to-Debt Ratio

-0.02x
Operating CF / Total Liabilities

Operating Cash Flow

CN¥-11.41 Billion
CNY

Total Liabilities

CN¥627.92 Billion
CNY

Data as of

Sep 2025
Most recent filing

Cash Flow-to-Debt Ratio of China Merchants Securities Co Ltd (2004–2024)

Cash flow-to-debt ratio of China Merchants Securities Co Ltd from 2004 to 2024. Historical debt coverage capacity for China Merchants Securities Co Ltd across 21 annual periods. Check China Merchants Securities Co Ltd (600999) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.

China Merchants Securities Co Ltd Cash Flow-to-Debt Ratio by Year (2004–2024)

China Merchants Securities Co Ltd cash flow-to-debt ratio by year from 2004 to 2024. Year-by-year debt coverage analysis for China Merchants Securities Co Ltd. For the full cash flow conversion analysis, see China Merchants Securities Co Ltd operating cash flow efficiency.

Year CF-to-Debt Ratio Operating CF (CNY) Total Liabilities YoY Change
2024 0.09x CN¥54.73 Billion CN¥590.91 Billion ▲ +96.1%
2023 0.05x CN¥27.10 Billion CN¥573.82 Billion ▼ -62.5%
2022 0.13x CN¥62.50 Billion CN¥496.42 Billion ▲ +248.1%
2021 -0.08x CN¥-41.19 Billion CN¥484.63 Billion ▼ -241.5%
2020 -0.02x CN¥-9.81 Billion CN¥393.90 Billion ▼ -173.9%
2019 0.03x CN¥9.99 Billion CN¥296.64 Billion ▼ -77.8%
2018 0.15x CN¥34.17 Billion CN¥225.45 Billion ▲ +173.5%
2017 -0.21x CN¥-42.55 Billion CN¥206.31 Billion ▼ -57.8%
2016 -0.13x CN¥-23.94 Billion CN¥183.14 Billion ▼ -2753.8%
2015 0.00x CN¥1.20 Billion CN¥243.22 Billion ▼ -96.2%
2014 0.13x CN¥19.61 Billion CN¥151.81 Billion ▲ +139.7%
2013 -0.32x CN¥-18.42 Billion CN¥56.68 Billion ▼ -409.0%
2012 -0.06x CN¥-3.18 Billion CN¥49.77 Billion ▲ +89.0%
2011 -0.58x CN¥-25.57 Billion CN¥44.19 Billion ▼ -5189.6%
2010 -0.01x CN¥-780.77 Million CN¥71.38 Billion ▼ -103.7%
2009 0.30x CN¥22.12 Billion CN¥73.90 Billion ▲ +132.5%
2008 -0.92x CN¥-36.42 Billion CN¥39.50 Billion ▼ -216.6%
2007 0.79x CN¥58.37 Billion CN¥73.82 Billion ▲ +21.2%
2006 0.65x CN¥10.17 Billion CN¥15.59 Billion ▲ +145.0%
2005 0.27x CN¥1.67 Billion CN¥6.29 Billion ▲ +167.0%
2004 -0.40x CN¥-1.59 Billion CN¥4.01 Billion —
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.