Shenzhen Expressway Company Limited (SHZH) — Capital Reinvestment Ratio
Shenzhen Expressway Company Limited (SHZH) has a Capital Reinvestment Ratio of 0.35x as of June 2023, meaning it reinvests 0% of its operating cash flow (€889.55 Million) in capital expenditures (€308.93 Million). Check SHZH intangible-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
Shenzhen Expressway Company Limited Capital Reinvestment Ratio (2013–2025)
This chart tracks Shenzhen Expressway Company Limited's Capital Reinvestment Ratio across 13 annual periods. For the full cash flow conversion analysis, see SHZH cash flow metrics.
Annual Capital Reinvestment Ratio for Shenzhen Expressway Company Limited (2013–2025)
Year-by-year Capital Reinvestment Ratio for Shenzhen Expressway Company Limited from 2013 to 2025. See Shenzhen Expressway Company Limited (SHZH) 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 | 0.71x | €4.62 Billion | €3.28 Billion | ▲ +28.0% |
| 2024 | 0.55x | €3.72 Billion | €2.06 Billion | ▲ +8.3% |
| 2023 | 0.51x | €4.09 Billion | €2.09 Billion | ▼ -17.6% |
| 2022 | 0.62x | €3.37 Billion | €2.09 Billion | ▼ -35.6% |
| 2021 | 0.96x | €3.94 Billion | €3.80 Billion | ▼ -57.3% |
| 2020 | 2.26x | €1.10 Billion | €2.48 Billion | ▲ +135.9% |
| 2019 | 0.96x | €1.70 Billion | €1.62 Billion | ▲ +177.8% |
| 2018 | 0.34x | €3.22 Billion | €1.11 Billion | ▲ +5.6% |
| 2017 | 0.33x | €2.98 Billion | €969.98 Million | ▲ +81.5% |
| 2016 | 0.18x | €2.13 Billion | €382.09 Million | ▲ +148.0% |
| 2015 | 0.07x | €1.77 Billion | €128.35 Million | ▼ -58.5% |
| 2014 | 0.17x | €1.79 Billion | €312.90 Million | ▼ -49.7% |
| 2013 | 0.35x | €1.76 Billion | €610.57 Million | — |