China Merchants Securities Co. Ltd (195H) — Free Cash Flow Generation Index
China Merchants Securities Co. Ltd (195H) has a Free Cash Flow Generation Index of 0.99x as of March 2026. Free cash flow of €19.53 Billion represents 1% of operating cash flow (€19.69 Billion). Explore 195H capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
China Merchants Securities Co. Ltd Free Cash Flow Generation Index (2018–2024)
Historical FCF Generation Index trend for China Merchants Securities Co. Ltd across 5 annual periods. For the full cash flow conversion analysis, see China Merchants Securities Co. Ltd cash conversion from operations.
Annual Free Cash Flow Generation for China Merchants Securities Co. Ltd (2018–2024)
Year-by-year Free Cash Flow Generation Index for China Merchants Securities Co. Ltd. Check 195H total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (EUR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.99x | €53.96 Billion | €54.73 Billion | €763.71 Million | ▼ -0.4% |
| 2023 | 0.99x | €49.14 Billion | €49.65 Billion | €513.88 Million | ▼ -0.1% |
| 2022 | 0.99x | €61.94 Billion | €62.50 Billion | €560.25 Million | ▲ +1.6% |
| 2019 | 0.98x | €9.75 Billion | €9.99 Billion | €241.34 Million | ▼ -1.1% |
| 2018 | 0.99x | €33.70 Billion | €34.17 Billion | €461.34 Million | — |