GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Merchants Bank Co Ltd (SHSE:600036) » Definitions » 3-Year FCF Growth Rate

China Merchants Bank Co (SHSE:600036) 3-Year FCF Growth Rate : -7.00% (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is China Merchants Bank Co 3-Year FCF Growth Rate?

China Merchants Bank Co's Free Cash Flow per Share for the three months ended in Dec. 2023 was ¥10.83.

During the past 12 months, China Merchants Bank Co's average Free Cash Flow per Share Growth Rate was -38.30% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -7.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of China Merchants Bank Co was 213.50% per year. The lowest was -69.50% per year. And the median was 23.10% per year.


Competitive Comparison of China Merchants Bank Co's 3-Year FCF Growth Rate

For the Banks - Regional subindustry, China Merchants Bank Co's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Merchants Bank Co's 3-Year FCF Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, China Merchants Bank Co's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where China Merchants Bank Co's 3-Year FCF Growth Rate falls into.



China Merchants Bank Co 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


China Merchants Bank Co  (SHSE:600036) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


China Merchants Bank Co 3-Year FCF Growth Rate Related Terms

Thank you for viewing the detailed overview of China Merchants Bank Co's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


China Merchants Bank Co (SHSE:600036) Business Description

Traded in Other Exchanges
Address
No. 7088, Shennan Boulevard, 19 Floor, China Merchants Bank Building, Futian District, Guangdong Province, Shenzhen, CHN, 518040
China Merchants Bank, with headquarters in Shenzhen, was founded in 1987. The bank is China's seventh-largest listed bank by assets, with the largest distribution network among China's joint-stock banks. CMB's network has been expanding rapidly. Its outlets are located mainly in China's more developed areas, including the Pearl River and Yangtze River deltas. The firm has 18% and 82% of its shares listed on the Hong Kong and Shanghai exchanges, respectively. It has no foreign strategic investors. China Merchants Group is its largest shareholder, with a 30% stake. Retail banking, corporate banking and wholesale banking accounted for 57%, 41%, and 2% of total profit before tax, respectively, and 56%, 41%, and 3% of total revenue in 2022.

China Merchants Bank Co (SHSE:600036) Headlines

No Headlines