Guangzhou Baiyun International Airport Co Ltd (600004) — Capital Reinvestment Ratio
Guangzhou Baiyun International Airport Co Ltd (600004) has a Capital Reinvestment Ratio of 0.16x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥1.03 Billion) in capital expenditures (CN¥166.74 Million). Check Guangzhou Baiyun International Airport C tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Guangzhou Baiyun International Airport Co Ltd Capital Reinvestment Ratio (2002–2025)
This chart tracks Guangzhou Baiyun International Airport Co Ltd's Capital Reinvestment Ratio across 23 annual periods. For the full cash flow conversion analysis, see 600004 operating cash flow.
Annual Capital Reinvestment Ratio for Guangzhou Baiyun International Airport Co Ltd (2002–2025)
Year-by-year Capital Reinvestment Ratio for Guangzhou Baiyun International Airport Co Ltd from 2002 to 2025. See Guangzhou Baiyun International Airport C free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.24x | CN¥3.07 Billion | CN¥737.42 Million | ▲ +110.9% |
| 2024 | 0.11x | CN¥3.41 Billion | CN¥387.70 Million | ▼ -54.3% |
| 2023 | 0.25x | CN¥2.40 Billion | CN¥597.24 Million | ▼ -75.0% |
| 2022 | 0.99x | CN¥868.51 Million | CN¥864.05 Million | ▼ -33.0% |
| 2021 | 1.49x | CN¥844.85 Million | CN¥1.25 Billion | ▲ +321.0% |
| 2019 | 0.35x | CN¥3.01 Billion | CN¥1.06 Billion | ▼ -39.4% |
| 2018 | 0.58x | CN¥3.12 Billion | CN¥1.82 Billion | ▼ -68.9% |
| 2017 | 1.87x | CN¥2.15 Billion | CN¥4.04 Billion | ▼ -30.7% |
| 2016 | 2.71x | CN¥1.96 Billion | CN¥5.29 Billion | ▲ +48.7% |
| 2015 | 1.82x | CN¥1.74 Billion | CN¥3.17 Billion | ▲ +3326.8% |
| 2014 | 0.05x | CN¥1.82 Billion | CN¥96.88 Million | ▲ +16.5% |
| 2013 | 0.05x | CN¥1.97 Billion | CN¥89.68 Million | ▼ -77.3% |
| 2012 | 0.20x | CN¥1.80 Billion | CN¥361.34 Million | ▼ -68.9% |
| 2011 | 0.65x | CN¥1.31 Billion | CN¥846.14 Million | ▼ -33.8% |
| 2010 | 0.97x | CN¥1.65 Billion | CN¥1.61 Billion | ▲ +113.6% |
| 2009 | 0.46x | CN¥1.16 Billion | CN¥527.32 Million | ▼ -19.7% |
| 2008 | 0.57x | CN¥996.38 Million | CN¥566.71 Million | ▲ +84.9% |
| 2007 | 0.31x | CN¥1.14 Billion | CN¥351.87 Million | ▲ +359.7% |
| 2006 | 0.07x | CN¥1.04 Billion | CN¥69.72 Million | ▼ -99.1% |
| 2005 | 7.16x | CN¥465.10 Million | CN¥3.33 Billion | ▲ +1187.7% |
| 2004 | 0.56x | CN¥291.48 Million | CN¥162.04 Million | ▼ -91.6% |
| 2003 | 6.58x | CN¥381.99 Million | CN¥2.51 Billion | ▲ +5555.6% |
| 2002 | 0.12x | CN¥284.36 Million | CN¥33.10 Million | — |