China Merchants Securities Co. Ltd Financial Flexibility Index
China Merchants Securities Co. Ltd financial flexibility index. China Merchants Securities Co. Ltd (195H) has a Financial Flexibility Index of 0.03x as of March 2026. Free cash flow of €19.85 Billion (operating CF €19.69 Billion minus capex €163.32 Million) represents 0% of total liabilities (€646.99 Billion). See China Merchants Securities Co. Ltd (195H) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of China Merchants Securities Co. Ltd (2017–2025)
Financial flexibility index of China Merchants Securities Co. Ltd from 2017 to 2025. Historical Financial Flexibility Index trend for China Merchants Securities Co. Ltd across 9 annual periods. Check China Merchants Securities Co. Ltd (195H) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
China Merchants Securities Co. Ltd Financial Flexibility Index by Year (2017–2025)
China Merchants Securities Co. Ltd financial flexibility index by year from 2017 to 2025. Year-by-year free cash flow to debt coverage for China Merchants Securities Co. Ltd. For the full cash flow conversion analysis, see 195H cash flow metrics.
| Year | Flexibility Index | Free Cash Flow (EUR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | -0.05x | €-30.65 Billion | €-31.37 Billion | €615.43 Billion | ▼ -153.0% |
| 2024 | 0.09x | €55.49 Billion | €54.73 Billion | €590.91 Billion | ▲ +7.4% |
| 2023 | 0.09x | €50.17 Billion | €49.65 Billion | €573.82 Billion | ▼ -31.2% |
| 2022 | 0.13x | €63.06 Billion | €62.50 Billion | €496.42 Billion | ▲ +251.0% |
| 2021 | -0.08x | €-40.78 Billion | €-41.19 Billion | €484.63 Billion | ▼ -251.4% |
| 2020 | -0.02x | €-9.43 Billion | €-9.81 Billion | €393.90 Billion | ▼ -169.4% |
| 2019 | 0.03x | €10.23 Billion | €9.99 Billion | €296.64 Billion | ▼ -77.7% |
| 2018 | 0.15x | €34.63 Billion | €34.17 Billion | €224.14 Billion | ▲ +175.4% |
| 2017 | -0.20x | €-42.29 Billion | €-42.55 Billion | €206.31 Billion | — |