Industrial and Commercial Bank of China Ltd (601398) — Free Cash Flow Generation Index

Latest as of March 2026: 1.00x

Industrial and Commercial Bank of China Ltd (601398) has a Free Cash Flow Generation Index of 1.00x as of March 2026. Free cash flow of CN¥1.41 Trillion represents 1% of operating cash flow (CN¥1.42 Trillion). Explore Industrial and Commercial Bank of China capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

1.00x
Free Cash Flow / Operating CF

Free Cash Flow

CN¥1.41 Trillion
CNY

Operating Cash Flow

CN¥1.42 Trillion
CNY

Capital Expenditures

CN¥4.50 Billion
CNY

Industrial and Commercial Bank of China Ltd Free Cash Flow Generation Index (2002–2025)

Historical FCF Generation Index trend for Industrial and Commercial Bank of China Ltd across 23 annual periods. For the full cash flow conversion analysis, see Industrial and Commercial Bank of China cash flow conversion.

Annual Free Cash Flow Generation for Industrial and Commercial Bank of China Ltd (2002–2025)

Year-by-year Free Cash Flow Generation Index for Industrial and Commercial Bank of China Ltd. Check Industrial and Commercial Bank of China total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (CNY) Operating CF Capital Expenditures YoY Change
2025 0.75x CN¥146.81 Billion CN¥195.79 Billion CN¥48.98 Billion ▼ -20.1%
2024 0.94x CN¥543.61 Billion CN¥579.19 Billion CN¥35.59 Billion ▼ -5.2%
2023 0.99x CN¥1.40 Trillion CN¥1.42 Trillion CN¥14.49 Billion ▼ 0.0%
2022 0.99x CN¥1.39 Trillion CN¥1.40 Trillion CN¥13.71 Billion ▲ +5.4%
2021 0.94x CN¥339.02 Billion CN¥360.88 Billion CN¥21.86 Billion ▼ -4.2%
2020 0.98x CN¥1.53 Trillion CN¥1.56 Trillion CN¥31.00 Billion ▲ +3.6%
2019 0.95x CN¥455.20 Billion CN¥481.24 Billion CN¥26.04 Billion ▲ +2.1%
2018 0.93x CN¥671.11 Billion CN¥724.13 Billion CN¥53.02 Billion ▼ -6.5%
2017 0.99x CN¥763.98 Billion CN¥770.86 Billion CN¥6.88 Billion ▲ +17.2%
2016 0.85x CN¥202.31 Billion CN¥239.22 Billion CN¥36.91 Billion ▼ -12.9%
2015 0.97x CN¥1.10 Trillion CN¥1.13 Trillion CN¥33.49 Billion ▲ +24.7%
2014 0.78x CN¥156.83 Billion CN¥201.46 Billion CN¥44.62 Billion ▼ -19.3%
2012 0.96x CN¥514.80 Billion CN¥533.51 Billion CN¥18.71 Billion ▼ -0.2%
2011 0.97x CN¥336.72 Billion CN¥348.12 Billion CN¥11.40 Billion ▲ +1.6%
2010 0.95x CN¥264.92 Billion CN¥278.18 Billion CN¥13.26 Billion ▼ -1.6%
2009 0.97x CN¥390.82 Billion CN¥403.86 Billion CN¥13.04 Billion ▼ -0.3%
2008 0.97x CN¥359.94 Billion CN¥370.91 Billion CN¥10.97 Billion ▼ -0.5%
2007 0.98x CN¥288.90 Billion CN¥296.13 Billion CN¥7.23 Billion ▼ -1.3%
2006 0.99x CN¥377.69 Billion CN¥382.27 Billion CN¥4.58 Billion ▲ +0.9%
2005 0.98x CN¥359.87 Billion CN¥367.49 Billion CN¥7.62 Billion ▲ +3.7%
2004 0.94x CN¥114.03 Billion CN¥120.76 Billion CN¥6.73 Billion ▼ -0.9%
2003 0.95x CN¥153.35 Billion CN¥160.88 Billion CN¥7.53 Billion ▼ -1.4%
2002 0.97x CN¥212.56 Billion CN¥219.78 Billion CN¥7.23 Billion —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).