AIR CHINA LTD H ADR/20 (AD2B) — Capital Reinvestment Ratio
AIR CHINA LTD H ADR/20 (AD2B) has a Capital Reinvestment Ratio of 0.42x as of December 2025, meaning it reinvests 0% of its operating cash flow (€42.05 Billion) in capital expenditures (€17.56 Billion). Check AD2B goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
AIR CHINA LTD H ADR/20 Capital Reinvestment Ratio (2021–2025)
This chart tracks AIR CHINA LTD H ADR/20's Capital Reinvestment Ratio across 4 annual periods. For the full cash flow conversion analysis, see AD2B cash flow conversion.
Annual Capital Reinvestment Ratio for AIR CHINA LTD H ADR/20 (2021–2025)
Year-by-year Capital Reinvestment Ratio for AIR CHINA LTD H ADR/20 from 2021 to 2025. See AIR CHINA LTD H ADR/20 free cash flow efficiency 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 | — |