Guangdong Provincial Expressway Development Co Ltd (200429) — Capital Reinvestment Ratio
Guangdong Provincial Expressway Development Co Ltd (200429) has a Capital Reinvestment Ratio of 2.09x as of December 2025, meaning it reinvests 2% of its operating cash flow (HK$572.78 Million) in capital expenditures (HK$1.20 Billion). Check Guangdong Provincial Expressway Developm (200429) tangible 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 (1998–2025)
This chart tracks Guangdong Provincial Expressway Development Co Ltd's Capital Reinvestment Ratio across 28 annual periods. For the full cash flow conversion analysis, see Guangdong Provincial Expressway Developm operating cash flow efficiency.
Annual Capital Reinvestment Ratio for Guangdong Provincial Expressway Development Co Ltd (1998–2025)
Year-by-year Capital Reinvestment Ratio for Guangdong Provincial Expressway Development Co Ltd from 1998 to 2025. See 200429 FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (HKD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.65x | HK$3.64 Billion | HK$2.37 Billion | ▲ +4.1% |
| 2024 | 0.63x | HK$3.26 Billion | HK$2.04 Billion | ▲ +55.7% |
| 2023 | 0.40x | HK$3.83 Billion | HK$1.54 Billion | ▲ +26.3% |
| 2022 | 0.32x | HK$2.75 Billion | HK$875.18 Million | ▲ +127.2% |
| 2021 | 0.14x | HK$3.67 Billion | HK$513.66 Million | ▼ -44.1% |
| 2020 | 0.25x | HK$2.64 Billion | HK$660.01 Million | ▼ -39.5% |
| 2019 | 0.41x | HK$1.99 Billion | HK$823.07 Million | ▼ -6.2% |
| 2018 | 0.44x | HK$1.92 Billion | HK$845.37 Million | ▲ +125.7% |
| 2017 | 0.20x | HK$2.19 Billion | HK$429.01 Million | ▼ -22.8% |
| 2016 | 0.25x | HK$1.92 Billion | HK$487.33 Million | ▲ +159.9% |
| 2015 | 0.10x | HK$996.99 Million | HK$97.15 Million | ▼ -59.8% |
| 2014 | 0.24x | HK$967.24 Million | HK$234.51 Million | ▼ -58.3% |
| 2013 | 0.58x | HK$757.45 Million | HK$440.50 Million | ▼ -68.2% |
| 2012 | 1.83x | HK$621.18 Million | HK$1.14 Billion | ▲ +36.9% |
| 2011 | 1.34x | HK$620.31 Million | HK$828.12 Million | ▼ -19.2% |
| 2010 | 1.65x | HK$590.29 Million | HK$974.83 Million | ▼ -66.6% |
| 2009 | 4.94x | HK$225.99 Million | HK$1.12 Billion | ▲ +133.1% |
| 2008 | 2.12x | HK$582.65 Million | HK$1.24 Billion | ▲ +532.6% |
| 2007 | 0.34x | HK$690.83 Million | HK$231.62 Million | ▲ +705.0% |
| 2006 | 0.04x | HK$596.06 Million | HK$24.83 Million | ▼ -49.5% |
| 2005 | 0.08x | HK$628.20 Million | HK$51.79 Million | ▼ -24.0% |
| 2004 | 0.11x | HK$674.82 Million | HK$73.22 Million | ▼ -67.1% |
| 2003 | 0.33x | HK$453.60 Million | HK$149.63 Million | ▲ +436.4% |
| 2002 | 0.06x | HK$355.92 Million | HK$21.89 Million | ▲ +82.6% |
| 2001 | 0.03x | HK$478.14 Million | HK$16.11 Million | ▼ -80.9% |
| 2000 | 0.18x | HK$156.36 Million | HK$27.63 Million | ▼ -80.3% |
| 1999 | 0.90x | HK$189.54 Million | HK$170.09 Million | ▼ -34.7% |
| 1998 | 1.37x | HK$169.56 Million | HK$232.85 Million | — |