China Merchants Bank Co. Ltd (M4B) — Free Cash Flow Generation Index

Latest as of March 2026: 0.96x

China Merchants Bank Co. Ltd (M4B) has a Free Cash Flow Generation Index of 0.96x as of March 2026. Free cash flow of €120.42 Billion represents 1% of operating cash flow (€125.85 Billion). Explore China Merchants Bank Co. Ltd (M4B) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.96x
Free Cash Flow / Operating CF

Free Cash Flow

€120.42 Billion
EUR

Operating Cash Flow

€125.85 Billion
EUR

Capital Expenditures

€5.42 Billion
EUR

China Merchants Bank Co. Ltd Free Cash Flow Generation Index (2013–2025)

Historical FCF Generation Index trend for China Merchants Bank Co. Ltd across 10 annual periods. For the full cash flow conversion analysis, see M4B operating cash flow.

Annual Free Cash Flow Generation for China Merchants Bank Co. Ltd (2013–2025)

Year-by-year Free Cash Flow Generation Index for China Merchants Bank Co. Ltd. Check how aggressively does China Merchants Bank Co. Ltd reinvest cash 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
2025 0.94x €423.32 Billion €451.46 Billion €28.14 Billion ▲ +1.7%
2024 0.92x €412.09 Billion €447.02 Billion €34.93 Billion ▼ -1.6%
2023 0.94x €447.11 Billion €477.30 Billion €30.18 Billion ▼ -0.2%
2022 0.94x €535.25 Billion €570.14 Billion €34.89 Billion ▲ +8.2%
2021 0.87x €157.89 Billion €182.05 Billion €24.16 Billion ▼ -9.1%
2020 0.95x €402.20 Billion €421.33 Billion €19.12 Billion ▲ +121.7%
2019 -4.41x €-19.53 Billion €4.43 Billion €23.96 Billion ▼ -530.9%
2015 1.02x €409.50 Billion €400.42 Billion €9.08 Billion ▼ -0.7%
2014 1.03x €280.30 Billion €272.17 Billion €8.12 Billion ▼ -3.7%
2013 1.07x €127.36 Billion €119.15 Billion €8.21 Billion
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).