China Southern Airlines Company Limited (ZNHH) — Capital Reinvestment Ratio

Latest as of June 2023: 0.30x

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 China Southern Airlines Company Limited net asset quality index to measure how much of total assets are equity-financed.

Capital Reinvestment Ratio

0.30x
Capex / Operating Cash Flow

Operating Cash Flow

€10.97 Billion
EUR

Capital Expenditures

€3.28 Billion
EUR

Data as of

Jun 2023
Most recent filing

China Southern Airlines Company Limited Capital Reinvestment Ratio (2013–2025)

This chart tracks China Southern Airlines Company Limited's Capital Reinvestment Ratio across 13 annual periods. Check how aggressively does China Southern Airlines Company Limited reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

Annual Capital Reinvestment Ratio for China Southern Airlines Company Limited (2013–2025)

Year-by-year Capital Reinvestment Ratio for China Southern Airlines Company Limited from 2013 to 2025. For live market cap and broader valuation context, see China Southern Airlines Company Limited market capitalisation.

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 —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow