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China Merchants Bank Co., Ltd. (SHA:600036)
China flag China · Delayed Price · Currency is CNY
41.04
+0.45 (1.11%)
Sep 21, 2026, 3:00 PM CST

China Merchants Bank Cash Flow Statement

Millions CNY. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
151,696150,181148,391146,602138,012119,922
Depreciation & Amortization
15,04914,99314,95414,55113,58513,531
Other Amortization
1,6191,4271,5321,8322,038974
Gain (Loss) on Sale of Assets
-471-742-249-168-282-113
Gain (Loss) on Sale of Investments
-8,823-2,807-2,789-5,16612,40929,335
Total Asset Writedown
9,1268,236-11,306-8,142-7,184-697
Provision for Credit Losses
44,60442,46443,38546,37844,77136,773
Change in Other Net Operating Assets
527,975360,362357,240253,745446,85254,603
Other Operating Activities
-116,689-120,884-104,299-91,796-71,601-72,280
Operating Cash Flow
621,607451,457447,023357,753570,143182,048
Operating Cash Flow Growth
31.33%0.99%24.95%-37.25%213.18%-56.79%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-43,684-28,141-34,930-30,161-34,892-24,160
Sale of Property, Plant and Equipment
13,75313,07410,7574,9506,7502,399
Cash Acquisitions
-951-951-571-39-484-5,342
Investment in Securities
-407,470-435,101-382,248-327,820-564,885-64,646
Divestitures
638638416-463855
Other Investing Activities
120,941125,561113,71797,96379,12271,197
Investing Cash Flow
-316,773-324,920-292,859-255,107-513,926-19,697

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 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
Lease Payments
-4,501-4,534-4,793-5,053-4,932-4,835
Net Debt Issued (Repaid)
-23,055-13,098-39,787-143,582-313,1823,266
Issuance of Common Stock
49,99346,99129,99729,997-42,989
Repurchase of Common Stock
-50,000-50,000----
Preferred Share Repurchases
-27,500----7,196-
Common Dividends Paid
-82,537-55,751-54,319-47,394-41,947-33,820
Preferred Dividends Paid
-1,318-996-996-996-1,675-1,638
Total Dividends Paid
-83,855-56,747-55,315-48,390-43,622-35,458
Net Increase (Decrease) in Deposit Accounts
-10,488-74,67277,68486,84582,44987,024
Other Financing Activities
-10,914-22,412-10,4302,141-15,481-8,462
Financing Cash Flow
-155,819-169,9382,149-72,989-297,03289,359

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
-4,194-3,3041,1952,1646,259-2,746
Net Cash Flow
144,821-46,705157,50831,821-234,556248,964

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
577,923423,316412,093327,592535,251157,888
Free Cash Flow Growth
28.50%2.72%25.80%-38.80%239.01%-60.74%
Free Cash Flow Margin
191.82%142.23%138.81%109.99%185.83%59.51%
Free Cash Flow Per Share
22.9116.7916.3412.9921.226.26
Free Cash Flow After Leases
573,422418,782407,300322,539530,319153,053

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
143,645153,469156,921137,386129,993130,446
Cash Income Tax Paid
49,88447,36652,64856,24061,00456,868