Merchant Express Class A (001965) — Financial Flexibility Index

Latest as of September 2025: 0.05x

Merchant Express Class A (001965) has a Financial Flexibility Index of 0.05x as of September 2025. Free cash flow of CN¥3.54 Billion (operating CF CN¥3.33 Billion minus capex CN¥210.54 Million) represents 0% of total liabilities (CN¥76.50 Billion). Also explore net asset momentum of Merchant Express Class A to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.05x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥3.54 Billion
Operating CF − Capex

Total Liabilities

CN¥76.50 Billion
CNY

Capital Expenditures

CN¥210.54 Million
CNY

Merchant Express Class A Financial Flexibility Index (2014–2024)

Historical Financial Flexibility Index trend for Merchant Express Class A across 11 annual periods. Check 001965 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Merchant Express Class A (2014–2024)

Year-by-year free cash flow to debt coverage for Merchant Express Class A. For the full company profile including market capitalisation, see 001965 market cap.

Year Flexibility Index Free Cash Flow (CNY) Operating CF Total Liabilities YoY Change
2024 0.12x CN¥8.37 Billion CN¥7.12 Billion CN¥70.39 Billion ▲ +80.0%
2023 0.07x CN¥4.98 Billion CN¥4.44 Billion CN¥75.34 Billion ▼ -32.5%
2022 0.10x CN¥4.63 Billion CN¥3.88 Billion CN¥47.26 Billion ▼ -36.4%
2021 0.15x CN¥5.38 Billion CN¥4.62 Billion CN¥35.00 Billion ▲ +12.1%
2020 0.14x CN¥4.70 Billion CN¥3.22 Billion CN¥34.28 Billion ▼ -1.5%
2019 0.14x CN¥5.15 Billion CN¥4.32 Billion CN¥36.98 Billion ▲ +7.5%
2018 0.13x CN¥4.44 Billion CN¥3.68 Billion CN¥34.29 Billion ▼ -31.5%
2017 0.19x CN¥3.56 Billion CN¥2.98 Billion CN¥18.81 Billion ▼ -21.9%
2016 0.24x CN¥2.93 Billion CN¥2.31 Billion CN¥12.08 Billion ▲ +142.6%
2015 0.10x CN¥2.22 Billion CN¥1.57 Billion CN¥22.29 Billion ▼ -40.1%
2014 0.17x CN¥2.54 Billion CN¥1.43 Billion CN¥15.22 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities