Guangdong Provincial Expressway Development Co Ltd (000429) — Capital Reinvestment Ratio
Guangdong Provincial Expressway Development Co Ltd (000429) has a Capital Reinvestment Ratio of 0.40x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥1.19 Billion) in capital expenditures (CN¥474.13 Million). Check 000429 goodwill-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
Guangdong Provincial Expressway Development Co Ltd Capital Reinvestment Ratio (1998–2024)
This chart tracks Guangdong Provincial Expressway Development Co Ltd's Capital Reinvestment Ratio across 27 annual periods. For the full cash flow conversion analysis, see how efficiently does Guangdong Provincial Expressway Developm generate cash.
Annual Capital Reinvestment Ratio for Guangdong Provincial Expressway Development Co Ltd (1998–2024)
Year-by-year Capital Reinvestment Ratio for Guangdong Provincial Expressway Development Co Ltd from 1998 to 2024. See Guangdong Provincial Expressway Developm free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.63x | CN¥3.26 Billion | CN¥2.04 Billion | ▲ +55.7% |
| 2023 | 0.40x | CN¥3.83 Billion | CN¥1.54 Billion | ▲ +26.3% |
| 2022 | 0.32x | CN¥2.75 Billion | CN¥875.18 Million | ▲ +127.2% |
| 2021 | 0.14x | CN¥3.67 Billion | CN¥513.66 Million | ▼ -44.1% |
| 2020 | 0.25x | CN¥2.64 Billion | CN¥660.01 Million | ▼ -39.5% |
| 2019 | 0.41x | CN¥1.99 Billion | CN¥823.07 Million | ▼ -6.2% |
| 2018 | 0.44x | CN¥1.92 Billion | CN¥845.37 Million | ▲ +125.7% |
| 2017 | 0.20x | CN¥2.19 Billion | CN¥429.01 Million | ▼ -22.8% |
| 2016 | 0.25x | CN¥1.92 Billion | CN¥487.33 Million | ▲ +159.9% |
| 2015 | 0.10x | CN¥996.99 Million | CN¥97.15 Million | ▼ -59.8% |
| 2014 | 0.24x | CN¥967.24 Million | CN¥234.51 Million | ▼ -58.3% |
| 2013 | 0.58x | CN¥757.45 Million | CN¥440.50 Million | ▼ -68.2% |
| 2012 | 1.83x | CN¥621.18 Million | CN¥1.14 Billion | ▲ +36.9% |
| 2011 | 1.34x | CN¥620.31 Million | CN¥828.12 Million | ▼ -19.2% |
| 2010 | 1.65x | CN¥590.29 Million | CN¥974.83 Million | ▼ -66.6% |
| 2009 | 4.94x | CN¥225.99 Million | CN¥1.12 Billion | ▲ +133.1% |
| 2008 | 2.12x | CN¥582.65 Million | CN¥1.24 Billion | ▲ +532.6% |
| 2007 | 0.34x | CN¥690.83 Million | CN¥231.62 Million | ▲ +705.0% |
| 2006 | 0.04x | CN¥596.06 Million | CN¥24.83 Million | ▼ -49.5% |
| 2005 | 0.08x | CN¥628.20 Million | CN¥51.79 Million | ▼ -24.0% |
| 2004 | 0.11x | CN¥674.82 Million | CN¥73.22 Million | ▼ -67.1% |
| 2003 | 0.33x | CN¥453.60 Million | CN¥149.63 Million | ▲ +436.4% |
| 2002 | 0.06x | CN¥355.92 Million | CN¥21.89 Million | ▲ +82.6% |
| 2001 | 0.03x | CN¥478.14 Million | CN¥16.11 Million | ▼ -80.9% |
| 2000 | 0.18x | CN¥156.36 Million | CN¥27.63 Million | ▼ -80.3% |
| 1999 | 0.90x | CN¥189.54 Million | CN¥170.09 Million | ▼ -34.7% |
| 1998 | 1.37x | CN¥169.56 Million | CN¥232.85 Million | — |