China Express Airlines Co Ltd Class A Capital Reinvestment Ratio

Latest as of September 2025: 0.59x

China Express Airlines Co Ltd Class A 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 free cash flow generation of China Express Airlines Co Ltd Class A to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

0.59x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥1.43 Billion
CNY

Capital Expenditures

CN¥846.29 Million
CNY

Data as of

Sep 2025
Most recent filing

Capital Reinvestment Ratio of China Express Airlines Co Ltd Class A (2013–2025)

Capital reinvestment ratio of China Express Airlines Co Ltd Class A from 2013 to 2025. This chart tracks China Express Airlines Co Ltd Class A's Capital Reinvestment Ratio across 13 annual periods. See 002928 financial flexibility score to measure the company's free cash flow as a share of total liabilities.

China Express Airlines Co Ltd Class A Capital Reinvestment Ratio by Year (2013–2025)

China Express Airlines Co Ltd Class A capital reinvestment ratio by year from 2013 to 2025. For the full cash flow conversion analysis, see 002928 cash generation efficiency.

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