China Southern Airlines Company Limited Capital Reinvestment Ratio
China Southern Airlines Company Limited capital reinvestment ratio. China Southern Airlines Company Limited (ZNHH) has a Capital Reinvestment Ratio of 0.30x as of June 2023, meaning it reinvests 0% of its operating cash flow (€10.97 Billion) in capital expenditures (€3.28 Billion). See cash generation quality of China Southern Airlines Company Limited to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of China Southern Airlines Company Limited (2013–2025)
Capital reinvestment ratio of China Southern Airlines Company Limited from 2013 to 2025. This chart tracks China Southern Airlines Company Limited's Capital Reinvestment Ratio across 13 annual periods. See China Southern Airlines Company Limited (ZNHH) financial flexibility to measure the company's free cash flow as a share of total liabilities.
China Southern Airlines Company Limited Capital Reinvestment Ratio by Year (2013–2025)
China Southern Airlines Company Limited capital reinvestment ratio by year from 2013 to 2025. For the full cash flow conversion analysis, see cash flow conversion of China Southern Airlines Company Limited.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.46x | €38.21 Billion | €17.77 Billion | ▼ -9.4% |
| 2024 | 0.51x | €31.45 Billion | €16.14 Billion | ▲ +81.2% |
| 2023 | 0.28x | €40.13 Billion | €11.37 Billion | ▼ -91.6% |
| 2022 | 3.38x | €3.46 Billion | €11.70 Billion | ▲ +163.4% |
| 2021 | 1.28x | €13.37 Billion | €17.14 Billion | ▲ +4.9% |
| 2020 | 1.22x | €9.05 Billion | €11.06 Billion | ▲ +198.3% |
| 2019 | 0.41x | €38.12 Billion | €15.62 Billion | ▼ -66.6% |
| 2018 | 1.23x | €19.59 Billion | €24.03 Billion | ▲ +89.7% |
| 2017 | 0.65x | €21.40 Billion | €13.85 Billion | ▼ -10.0% |
| 2016 | 0.72x | €26.39 Billion | €18.97 Billion | ▲ +57.2% |
| 2015 | 0.46x | €25.72 Billion | €11.76 Billion | ▼ -16.0% |
| 2014 | 0.54x | €15.12 Billion | €8.23 Billion | ▼ -49.4% |
| 2013 | 1.08x | €11.13 Billion | €11.99 Billion | — |