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China Merchants Bank Co., Ltd. (SHA:600036)
China flag China · Delayed Price · Currency is CNY
40.86
+0.74 (1.84%)
Sep 1, 2026, 3:00 PM CST

China Merchants Bank Cash Flow Statement

Millions CNY. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
150,181148,391146,602138,012119,922
Depreciation & Amortization
14,99314,95414,55113,58513,531
Other Amortization
1,4271,5321,8322,038974
Gain (Loss) on Sale of Assets
-742-249-168-282-113
Gain (Loss) on Sale of Investments
-2,807-2,789-5,16612,40929,335
Total Asset Writedown
8,236-11,306-8,142-7,184-697
Provision for Credit Losses
42,46443,38546,37844,77136,773
Change in Other Net Operating Assets
360,362357,240253,745446,85254,603
Other Operating Activities
-120,884-104,299-91,796-71,601-72,280
Operating Cash Flow
451,457447,023357,753570,143182,048
Operating Cash Flow Growth
0.99%24.95%-37.25%213.18%-56.79%

Investing Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-28,141-34,930-30,161-34,892-24,160
Sale of Property, Plant and Equipment
13,07410,7574,9506,7502,399
Cash Acquisitions
-951-571-39-484-5,342
Investment in Securities
-435,101-382,248-327,820-564,885-64,646
Divestitures
638416-463855
Other Investing Activities
125,561113,71797,96379,12271,197
Investing Cash Flow
-324,920-292,859-255,107-513,926-19,697

Financing Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
27,23724,99525,20121,48163,872
Long-Term Debt Repaid
-40,335-64,782-168,783-334,663-60,606
Net Debt Issued (Repaid)
-13,098-39,787-143,582-313,1823,266
Issuance of Common Stock
46,99129,99729,997-42,989
Repurchase of Common Stock
-50,000----
Preferred Share Repurchases
----7,196-
Common Dividends Paid
-55,751-54,319-47,394-41,947-33,820
Preferred Dividends Paid
-996-996-996-1,675-1,638
Total Dividends Paid
-56,747-55,315-48,390-43,622-35,458
Net Increase (Decrease) in Deposit Accounts
-74,67277,68486,84582,44987,024
Other Financing Activities
-22,412-10,4302,141-15,481-8,462
Financing Cash Flow
-169,9382,149-72,989-297,03289,359

Net Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
-3,3041,1952,1646,259-2,746
Net Cash Flow
-46,705157,50831,821-234,556248,964

Free Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
423,316412,093327,592535,251157,888
Free Cash Flow Growth
2.72%25.80%-38.80%239.01%-60.74%
Free Cash Flow Margin
142.23%138.81%109.99%185.83%59.51%
Free Cash Flow Per Share
16.7916.3412.9921.226.26

Additional Metrics

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
153,469156,921137,386129,993130,446
Cash Income Tax Paid
47,36652,64856,24061,00456,868