Air China Limited (AD2) — Capital Reinvestment Ratio
Air China Limited (AD2) has a Capital Reinvestment Ratio of 0.50x as of June 2023, meaning it reinvests 1% of its operating cash flow (€13.24 Billion) in capital expenditures (€6.68 Billion). Check how tangible is Air China Limited's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Air China Limited Capital Reinvestment Ratio (2013–2025)
This chart tracks Air China Limited's Capital Reinvestment Ratio across 12 annual periods. For the full cash flow conversion analysis, see AD2 cash flow metrics.
Annual Capital Reinvestment Ratio for Air China Limited (2013–2025)
Year-by-year Capital Reinvestment Ratio for Air China Limited from 2013 to 2025. See cash generation quality of Air China Limited to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.42x | €42.05 Billion | €17.56 Billion | ▼ -28.2% |
| 2024 | 0.58x | €34.55 Billion | €20.10 Billion | ▼ -9.5% |
| 2023 | 0.64x | €35.42 Billion | €22.77 Billion | ▲ +36.4% |
| 2021 | 0.47x | €12.89 Billion | €6.07 Billion | ▼ -94.5% |
| 2020 | 8.55x | €1.41 Billion | €12.04 Billion | ▲ +2400.3% |
| 2019 | 0.34x | €38.34 Billion | €13.11 Billion | ▼ -12.7% |
| 2018 | 0.39x | €31.42 Billion | €12.31 Billion | ▼ -41.4% |
| 2017 | 0.67x | €26.39 Billion | €17.64 Billion | ▼ -0.5% |
| 2016 | 0.67x | €30.72 Billion | €20.64 Billion | ▲ +179.7% |
| 2015 | 0.24x | €31.75 Billion | €7.63 Billion | ▼ -70.7% |
| 2014 | 0.82x | €16.90 Billion | €13.83 Billion | ▼ -36.3% |
| 2013 | 1.29x | €17.44 Billion | €22.41 Billion | — |