China Merchants Securities Co. Ltd (195H) — 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). Check strategic asset allocation of China Merchants Securities Co. Ltd to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
China Merchants Securities Co. Ltd Financial Flexibility Index (2017–2025)
Historical Financial Flexibility Index trend for China Merchants Securities Co. Ltd across 9 annual periods. See working capital position of China Merchants Securities Co. Ltd to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for China Merchants Securities Co. Ltd (2017–2025)
Year-by-year free cash flow to debt coverage for China Merchants Securities Co. Ltd. For the full company profile including market capitalisation, see China Merchants Securities Co. Ltd (195H) market capitalisation.
| 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 | — |