Shenzhen Expressway Co Ltd (600548) — Capital Reinvestment Ratio
Latest as of December 2025:
0.35x
Shenzhen Expressway Co Ltd (600548) has a Capital Reinvestment Ratio of 0.35x as of December 2025, meaning it reinvests 0% of its operating cash flow (CN¥1.27 Billion) in capital expenditures (CN¥438.40 Million). See 600548 cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.35x
Capex / Operating Cash Flow
Operating Cash Flow
CN¥1.27 Billion
CNY
Capital Expenditures
CN¥438.40 Million
CNY
Data as of
Dec 2025
Most recent filing
Shenzhen Expressway Co Ltd Capital Reinvestment Ratio (1998–2025)
This chart tracks Shenzhen Expressway Co Ltd's Capital Reinvestment Ratio across 28 annual periods.
Annual Capital Reinvestment Ratio for Shenzhen Expressway Co Ltd (1998–2025)
Year-by-year Capital Reinvestment Ratio for Shenzhen Expressway Co Ltd from 1998 to 2025. For live market cap and broader valuation context, see market value of Shenzhen Expressway Co Ltd.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.61x | CN¥5.34 Billion | CN¥3.28 Billion | ▲ +10.9% |
| 2024 | 0.55x | CN¥3.72 Billion | CN¥2.06 Billion | ▲ +8.3% |
| 2023 | 0.51x | CN¥4.09 Billion | CN¥2.09 Billion | ▼ -17.6% |
| 2022 | 0.62x | CN¥3.37 Billion | CN¥2.09 Billion | ▼ -35.6% |
| 2021 | 0.96x | CN¥3.94 Billion | CN¥3.80 Billion | ▼ -57.3% |
| 2020 | 2.26x | CN¥1.10 Billion | CN¥2.48 Billion | ▲ +145.5% |
| 2019 | 0.92x | CN¥1.75 Billion | CN¥1.61 Billion | ▲ +166.9% |
| 2018 | 0.34x | CN¥3.22 Billion | CN¥1.11 Billion | ▼ -1.9% |
| 2017 | 0.35x | CN¥2.66 Billion | CN¥934.14 Million | ▲ +95.4% |
| 2016 | 0.18x | CN¥2.13 Billion | CN¥382.09 Million | ▲ +148.0% |
| 2015 | 0.07x | CN¥1.77 Billion | CN¥128.35 Million | ▼ -58.5% |
| 2014 | 0.17x | CN¥1.79 Billion | CN¥312.90 Million | ▼ -49.7% |
| 2013 | 0.35x | CN¥1.76 Billion | CN¥610.57 Million | ▼ -2.7% |
| 2012 | 0.36x | CN¥1.53 Billion | CN¥545.48 Million | ▼ -38.4% |
| 2011 | 0.58x | CN¥1.51 Billion | CN¥873.00 Million | ▼ -2.0% |
| 2010 | 0.59x | CN¥1.62 Billion | CN¥955.30 Million | ▼ -55.2% |
| 2009 | 1.32x | CN¥779.94 Million | CN¥1.03 Billion | ▼ -53.7% |
| 2008 | 2.85x | CN¥945.87 Million | CN¥2.70 Billion | ▼ -31.4% |
| 2007 | 4.16x | CN¥811.72 Million | CN¥3.37 Billion | ▲ +506.5% |
| 2006 | 0.69x | CN¥1.00 Billion | CN¥688.53 Million | ▲ +3.9% |
| 2005 | 0.66x | CN¥645.10 Million | CN¥425.27 Million | ▲ +14.1% |
| 2004 | 0.58x | CN¥511.54 Million | CN¥295.50 Million | ▲ +27.6% |
| 2003 | 0.45x | CN¥431.49 Million | CN¥195.34 Million | ▼ -34.7% |
| 2002 | 0.69x | CN¥441.20 Million | CN¥305.90 Million | ▲ +52.8% |
| 2001 | 0.45x | CN¥575.22 Million | CN¥261.00 Million | ▼ -43.0% |
| 2000 | 0.80x | CN¥431.48 Million | CN¥343.55 Million | ▼ -69.4% |
| 1999 | 2.60x | CN¥383.61 Million | CN¥998.98 Million | ▲ +55.4% |
| 1998 | 1.68x | CN¥330.30 Million | CN¥553.67 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow