China Merchants Securities Co Ltd (600999) — Financial Flexibility Index

Latest as of September 2025: -0.02x

China Merchants Securities Co Ltd (600999) has a Financial Flexibility Index of -0.02x as of September 2025. Free cash flow of CN¥-11.30 Billion (operating CF CN¥-11.41 Billion minus capex CN¥109.17 Million) represents 0% of total liabilities (CN¥627.92 Billion). Also explore China Merchants Securities Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

-0.02x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥-11.30 Billion
Operating CF − Capex

Total Liabilities

CN¥627.92 Billion
CNY

Capital Expenditures

CN¥109.17 Million
CNY

China Merchants Securities Co Ltd Financial Flexibility Index (2004–2024)

Historical Financial Flexibility Index trend for China Merchants Securities Co Ltd across 21 annual periods. Check China Merchants Securities Co Ltd (600999) strategic investment index to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for China Merchants Securities Co Ltd (2004–2024)

Year-by-year free cash flow to debt coverage for China Merchants Securities Co Ltd. For the full company profile including market capitalisation, see market cap of China Merchants Securities Co Ltd.

Year Flexibility Index Free Cash Flow (CNY) Operating CF Total Liabilities YoY Change
2024 0.09x CN¥55.49 Billion CN¥54.73 Billion CN¥590.91 Billion ▲ +94.4%
2023 0.05x CN¥27.71 Billion CN¥27.10 Billion CN¥573.82 Billion ▼ -62.0%
2022 0.13x CN¥63.06 Billion CN¥62.50 Billion CN¥496.42 Billion ▲ +251.0%
2021 -0.08x CN¥-40.78 Billion CN¥-41.19 Billion CN¥484.63 Billion ▼ -251.4%
2020 -0.02x CN¥-9.43 Billion CN¥-9.81 Billion CN¥393.90 Billion ▼ -169.4%
2019 0.03x CN¥10.23 Billion CN¥9.99 Billion CN¥296.64 Billion ▼ -77.5%
2018 0.15x CN¥34.63 Billion CN¥34.17 Billion CN¥225.45 Billion ▲ +174.9%
2017 -0.20x CN¥-42.29 Billion CN¥-42.55 Billion CN¥206.31 Billion ▼ -59.7%
2016 -0.13x CN¥-23.51 Billion CN¥-23.94 Billion CN¥183.14 Billion ▼ -2051.6%
2015 0.01x CN¥1.60 Billion CN¥1.20 Billion CN¥243.22 Billion ▼ -95.0%
2014 0.13x CN¥19.97 Billion CN¥19.61 Billion CN¥151.81 Billion ▲ +141.1%
2013 -0.32x CN¥-18.14 Billion CN¥-18.42 Billion CN¥56.68 Billion ▼ -428.6%
2012 -0.06x CN¥-3.01 Billion CN¥-3.18 Billion CN¥49.77 Billion ▲ +89.5%
2011 -0.57x CN¥-25.37 Billion CN¥-25.57 Billion CN¥44.19 Billion ▼ -6381.2%
2010 -0.01x CN¥-632.29 Million CN¥-780.77 Million CN¥71.38 Billion ▼ -102.9%
2009 0.30x CN¥22.24 Billion CN¥22.12 Billion CN¥73.90 Billion ▲ +133.2%
2008 -0.91x CN¥-35.85 Billion CN¥-36.42 Billion CN¥39.50 Billion ▼ -214.3%
2007 0.79x CN¥58.64 Billion CN¥58.37 Billion CN¥73.82 Billion ▲ +20.1%
2006 0.66x CN¥10.31 Billion CN¥10.17 Billion CN¥15.59 Billion ▲ +144.9%
2005 0.27x CN¥1.70 Billion CN¥1.67 Billion CN¥6.29 Billion ▲ +168.8%
2004 -0.39x CN¥-1.57 Billion CN¥-1.59 Billion CN¥4.01 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities