H.K. CHINA GAS HD-25 ADR (HCGS) — Capital Reinvestment Ratio
H.K. CHINA GAS HD-25 ADR (HCGS) has a Capital Reinvestment Ratio of 0.49x as of December 2025, meaning it reinvests 0% of its operating cash flow (€10.53 Billion) in capital expenditures (€5.13 Billion). Check HCGS tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
H.K. CHINA GAS HD-25 ADR Capital Reinvestment Ratio (2021–2025)
This chart tracks H.K. CHINA GAS HD-25 ADR's Capital Reinvestment Ratio across 5 annual periods. For the full cash flow conversion analysis, see H.K. CHINA GAS HD-25 ADR cash flow conversion.
Annual Capital Reinvestment Ratio for H.K. CHINA GAS HD-25 ADR (2021–2025)
Year-by-year Capital Reinvestment Ratio for H.K. CHINA GAS HD-25 ADR from 2021 to 2025. See H.K. CHINA GAS HD-25 ADR 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 | 0.49x | €10.53 Billion | €5.13 Billion | ▼ -32.1% |
| 2024 | 0.72x | €9.00 Billion | €6.46 Billion | ▼ -6.9% |
| 2023 | 0.77x | €10.93 Billion | €8.43 Billion | ▼ -10.8% |
| 2022 | 0.86x | €9.64 Billion | €8.33 Billion | ▲ +7.6% |
| 2021 | 0.80x | €10.47 Billion | €8.41 Billion | — |