Zhejiang Expressway Co. Ltd (ZHJ) — Capital Reinvestment Ratio
Zhejiang Expressway Co. Ltd (ZHJ) has a Capital Reinvestment Ratio of 0.03x as of June 2023, meaning it reinvests 0% of its operating cash flow (€9.16 Billion) in capital expenditures (€309.23 Million). Check Zhejiang Expressway Co. Ltd 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
Zhejiang Expressway Co. Ltd Capital Reinvestment Ratio (2013–2025)
This chart tracks Zhejiang Expressway Co. Ltd's Capital Reinvestment Ratio across 11 annual periods. For the full cash flow conversion analysis, see ZHJ cash flow conversion.
Annual Capital Reinvestment Ratio for Zhejiang Expressway Co. Ltd (2013–2025)
Year-by-year Capital Reinvestment Ratio for Zhejiang Expressway Co. Ltd from 2013 to 2025. See ZHJ 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 | 0.40x | €4.20 Billion | €1.70 Billion | ▲ +297.8% |
| 2024 | 0.10x | €9.08 Billion | €924.37 Million | ▼ -29.3% |
| 2023 | 0.14x | €9.81 Billion | €1.41 Billion | ▼ -25.8% |
| 2022 | 0.19x | €7.64 Billion | €1.48 Billion | ▼ -38.1% |
| 2021 | 0.31x | €2.82 Billion | €884.60 Million | ▼ -95.2% |
| 2020 | 6.59x | €125.29 Million | €825.13 Million | ▲ +156.7% |
| 2019 | 2.57x | €382.75 Million | €982.05 Million | ▲ +2842.2% |
| 2018 | 0.09x | €3.22 Billion | €280.47 Million | ▼ -17.5% |
| 2016 | 0.11x | €4.72 Billion | €498.80 Million | ▼ -68.7% |
| 2014 | 0.34x | €3.76 Billion | €1.27 Billion | ▲ +31.3% |
| 2013 | 0.26x | €979.98 Million | €252.41 Million | — |