CATHAY PAC.AIRW.HD-20ADR5 (CTYA) — Capital Reinvestment Ratio
CATHAY PAC.AIRW.HD-20ADR5 (CTYA) has a Capital Reinvestment Ratio of 0.39x as of December 2025, meaning it reinvests 0% of its operating cash flow (€25.38 Billion) in capital expenditures (€9.83 Billion). Check CATHAY PAC.AIRW.HD-20ADR5 tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
CATHAY PAC.AIRW.HD-20ADR5 Capital Reinvestment Ratio (2021–2025)
This chart tracks CATHAY PAC.AIRW.HD-20ADR5's Capital Reinvestment Ratio across 5 annual periods. For the full cash flow conversion analysis, see CTYA cash flow metrics.
Annual Capital Reinvestment Ratio for CATHAY PAC.AIRW.HD-20ADR5 (2021–2025)
Year-by-year Capital Reinvestment Ratio for CATHAY PAC.AIRW.HD-20ADR5 from 2021 to 2025. See CTYA FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.39x | €25.38 Billion | €9.83 Billion | ▼ -1.0% |
| 2024 | 0.39x | €23.54 Billion | €9.21 Billion | ▲ +51.9% |
| 2023 | 0.26x | €26.41 Billion | €6.80 Billion | ▲ +23.2% |
| 2022 | 0.21x | €17.84 Billion | €3.73 Billion | ▼ -18.8% |
| 2021 | 0.26x | €8.84 Billion | €2.28 Billion | — |