Air China Ltd Class A (601111) — Capital Reinvestment Ratio
Latest as of December 2025:
0.76x
Air China Ltd Class A (601111) has a Capital Reinvestment Ratio of 0.76x as of December 2025, meaning it reinvests 1% of its operating cash flow (CN¥8.97 Billion) in capital expenditures (CN¥6.81 Billion). See cash generation quality of Air China Ltd Class A to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.76x
Capex / Operating Cash Flow
Operating Cash Flow
CN¥8.97 Billion
CNY
Capital Expenditures
CN¥6.81 Billion
CNY
Data as of
Dec 2025
Most recent filing
Air China Ltd Class A Capital Reinvestment Ratio (2002–2025)
This chart tracks Air China Ltd Class A's Capital Reinvestment Ratio across 23 annual periods.
Annual Capital Reinvestment Ratio for Air China Ltd Class A (2002–2025)
Year-by-year Capital Reinvestment Ratio for Air China Ltd Class A from 2002 to 2025. For live market cap and broader valuation context, see Air China Ltd Class A stock valuation.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.40x | CN¥44.11 Billion | CN¥17.56 Billion | ▼ -31.6% |
| 2024 | 0.58x | CN¥34.55 Billion | CN¥20.10 Billion | ▼ -9.5% |
| 2023 | 0.64x | CN¥35.42 Billion | CN¥22.77 Billion | ▲ +36.4% |
| 2021 | 0.47x | CN¥12.89 Billion | CN¥6.07 Billion | ▼ -94.5% |
| 2020 | 8.55x | CN¥1.41 Billion | CN¥12.04 Billion | ▲ +2400.3% |
| 2019 | 0.34x | CN¥38.34 Billion | CN¥13.11 Billion | ▼ -12.7% |
| 2018 | 0.39x | CN¥31.42 Billion | CN¥12.31 Billion | ▼ -41.4% |
| 2017 | 0.67x | CN¥26.39 Billion | CN¥17.64 Billion | ▼ -0.5% |
| 2016 | 0.67x | CN¥30.72 Billion | CN¥20.64 Billion | ▲ +179.7% |
| 2015 | 0.24x | CN¥31.75 Billion | CN¥7.63 Billion | ▼ -70.7% |
| 2014 | 0.82x | CN¥16.90 Billion | CN¥13.83 Billion | ▼ -36.3% |
| 2013 | 1.29x | CN¥17.44 Billion | CN¥22.41 Billion | ▲ +4.3% |
| 2012 | 1.23x | CN¥12.42 Billion | CN¥15.30 Billion | ▲ +18.4% |
| 2011 | 1.04x | CN¥21.64 Billion | CN¥22.52 Billion | ▲ +18.1% |
| 2010 | 0.88x | CN¥19.67 Billion | CN¥17.32 Billion | ▼ -21.7% |
| 2009 | 1.13x | CN¥6.90 Billion | CN¥7.76 Billion | ▲ +5.4% |
| 2008 | 1.07x | CN¥7.05 Billion | CN¥7.53 Billion | ▲ +17.9% |
| 2007 | 0.90x | CN¥9.35 Billion | CN¥8.46 Billion | ▲ +8.7% |
| 2006 | 0.83x | CN¥7.40 Billion | CN¥6.16 Billion | ▼ -52.4% |
| 2005 | 1.75x | CN¥7.07 Billion | CN¥12.36 Billion | ▲ +109.9% |
| 2004 | 0.83x | CN¥8.19 Billion | CN¥6.82 Billion | ▲ +69.9% |
| 2003 | 0.49x | CN¥7.63 Billion | CN¥3.74 Billion | ▲ +20.3% |
| 2002 | 0.41x | CN¥7.10 Billion | CN¥2.89 Billion | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow