Henan Zhongyuan Expressway Co Ltd (600020) — Capital Reinvestment Ratio
Henan Zhongyuan Expressway Co Ltd (600020) has a Capital Reinvestment Ratio of 0.57x as of September 2025, meaning it reinvests 1% of its operating cash flow (CN¥744.77 Million) in capital expenditures (CN¥422.45 Million). Check Henan Zhongyuan Expressway Co Ltd 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
Henan Zhongyuan Expressway Co Ltd Capital Reinvestment Ratio (2002–2024)
This chart tracks Henan Zhongyuan Expressway Co Ltd's Capital Reinvestment Ratio across 23 annual periods. For the full cash flow conversion analysis, see Henan Zhongyuan Expressway Co Ltd cash conversion from operations.
Annual Capital Reinvestment Ratio for Henan Zhongyuan Expressway Co Ltd (2002–2024)
Year-by-year Capital Reinvestment Ratio for Henan Zhongyuan Expressway Co Ltd from 2002 to 2024. See Henan Zhongyuan Expressway Co Ltd 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 | 1.45x | CN¥2.11 Billion | CN¥3.05 Billion | ▲ +205.0% |
| 2023 | 0.47x | CN¥2.53 Billion | CN¥1.20 Billion | ▼ -73.5% |
| 2022 | 1.79x | CN¥1.98 Billion | CN¥3.54 Billion | ▲ +1345.9% |
| 2021 | 0.12x | CN¥2.84 Billion | CN¥350.79 Million | ▼ -70.7% |
| 2020 | 0.42x | CN¥2.27 Billion | CN¥957.81 Million | ▲ +35.6% |
| 2019 | 0.31x | CN¥3.24 Billion | CN¥1.01 Billion | ▲ +24.2% |
| 2018 | 0.25x | CN¥4.61 Billion | CN¥1.15 Billion | ▼ -65.8% |
| 2017 | 0.73x | CN¥2.92 Billion | CN¥2.13 Billion | ▼ -12.1% |
| 2016 | 0.83x | CN¥3.37 Billion | CN¥2.81 Billion | ▼ -65.9% |
| 2015 | 2.45x | CN¥2.57 Billion | CN¥6.29 Billion | ▲ +41.8% |
| 2014 | 1.72x | CN¥2.54 Billion | CN¥4.38 Billion | ▲ +43.5% |
| 2013 | 1.20x | CN¥2.18 Billion | CN¥2.62 Billion | ▲ +45.7% |
| 2012 | 0.82x | CN¥1.86 Billion | CN¥1.54 Billion | ▼ -51.5% |
| 2011 | 1.70x | CN¥1.85 Billion | CN¥3.14 Billion | ▼ -3.7% |
| 2010 | 1.77x | CN¥2.33 Billion | CN¥4.12 Billion | ▼ -44.9% |
| 2009 | 3.20x | CN¥761.27 Million | CN¥2.44 Billion | ▲ +71.2% |
| 2008 | 1.87x | CN¥1.22 Billion | CN¥2.28 Billion | ▼ -49.6% |
| 2007 | 3.71x | CN¥977.72 Million | CN¥3.63 Billion | ▼ -2.5% |
| 2006 | 3.81x | CN¥967.39 Million | CN¥3.68 Billion | ▲ +133.8% |
| 2005 | 1.63x | CN¥1.01 Billion | CN¥1.64 Billion | ▼ -38.1% |
| 2004 | 2.63x | CN¥721.29 Million | CN¥1.90 Billion | ▲ +211.6% |
| 2003 | 0.84x | CN¥471.44 Million | CN¥397.93 Million | ▲ +318.9% |
| 2002 | 0.20x | CN¥491.30 Million | CN¥99.00 Million | — |