China Express Airlines Co Ltd Class A (002928) — Capital Reinvestment Ratio
China Express Airlines Co Ltd Class A (002928) has a Capital Reinvestment Ratio of 0.59x as of September 2025, meaning it reinvests 1% of its operating cash flow (CN¥1.43 Billion) in capital expenditures (CN¥846.29 Million). See cash generation quality of China Express Airlines Co Ltd Class A to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
China Express Airlines Co Ltd Class A Capital Reinvestment Ratio (2013–2025)
This chart tracks China Express Airlines Co Ltd Class A's Capital Reinvestment Ratio across 13 annual periods.
Annual Capital Reinvestment Ratio for China Express Airlines Co Ltd Class A (2013–2025)
Year-by-year Capital Reinvestment Ratio for China Express Airlines Co Ltd Class A from 2013 to 2025. For live market cap and broader valuation context, see 002928 stock market capitalisation.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.94x | CN¥2.52 Billion | CN¥2.37 Billion | ▲ +471.0% |
| 2024 | 0.16x | CN¥1.81 Billion | CN¥298.20 Million | ▼ -59.7% |
| 2023 | 0.41x | CN¥1.32 Billion | CN¥541.25 Million | ▼ -63.1% |
| 2022 | 1.11x | CN¥316.61 Million | CN¥351.59 Million | ▼ -43.8% |
| 2021 | 1.98x | CN¥915.33 Million | CN¥1.81 Billion | ▲ +163.4% |
| 2020 | 0.75x | CN¥1.01 Billion | CN¥756.07 Million | ▼ -29.9% |
| 2019 | 1.07x | CN¥1.05 Billion | CN¥1.13 Billion | ▼ -60.0% |
| 2018 | 2.67x | CN¥521.34 Million | CN¥1.39 Billion | ▲ +137.0% |
| 2017 | 1.13x | CN¥685.35 Million | CN¥773.21 Million | ▲ +47.7% |
| 2016 | 0.76x | CN¥758.12 Million | CN¥579.06 Million | ▲ +56.9% |
| 2015 | 0.49x | CN¥600.82 Million | CN¥292.55 Million | ▼ -6.3% |
| 2014 | 0.52x | CN¥260.27 Million | CN¥135.25 Million | ▼ -50.7% |
| 2013 | 1.05x | CN¥154.23 Million | CN¥162.65 Million | — |