China Merchants Bank Co. Ltd (M4B) — Free Cash Flow Generation Index
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). Read M4B total debt and obligations for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
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. Explore M4B capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
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. For the full company profile including market capitalisation, see M4B market cap overview.
| 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 | — |