Juneyao Airlines (603885) — Capital Reinvestment Ratio
Juneyao Airlines (603885) has a Capital Reinvestment Ratio of 0.24x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥2.33 Billion) in capital expenditures (CN¥569.95 Million). Check how tangible is Juneyao Airlines's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Juneyao Airlines Capital Reinvestment Ratio (2011–2025)
This chart tracks Juneyao Airlines's Capital Reinvestment Ratio across 15 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Juneyao Airlines.
Annual Capital Reinvestment Ratio for Juneyao Airlines (2011–2025)
Year-by-year Capital Reinvestment Ratio for Juneyao Airlines from 2011 to 2025. See 603885 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 | 0.09x | CN¥7.27 Billion | CN¥625.62 Million | ▼ -32.1% |
| 2024 | 0.13x | CN¥7.72 Billion | CN¥977.56 Million | ▲ +61.5% |
| 2023 | 0.08x | CN¥6.37 Billion | CN¥499.88 Million | ▼ -99.0% |
| 2022 | 8.16x | CN¥207.86 Million | CN¥1.70 Billion | ▲ +525.4% |
| 2021 | 1.31x | CN¥1.56 Billion | CN¥2.03 Billion | ▲ +36.0% |
| 2020 | 0.96x | CN¥612.65 Million | CN¥587.93 Million | ▼ -30.1% |
| 2019 | 1.37x | CN¥2.74 Billion | CN¥3.76 Billion | ▼ -50.4% |
| 2018 | 2.77x | CN¥1.95 Billion | CN¥5.40 Billion | ▲ +118.0% |
| 2017 | 1.27x | CN¥2.76 Billion | CN¥3.51 Billion | ▼ -26.9% |
| 2016 | 1.74x | CN¥2.03 Billion | CN¥3.52 Billion | ▼ -26.4% |
| 2015 | 2.36x | CN¥1.98 Billion | CN¥4.66 Billion | ▲ +51.8% |
| 2014 | 1.55x | CN¥867.29 Million | CN¥1.35 Billion | ▲ +126.3% |
| 2013 | 0.69x | CN¥1.01 Billion | CN¥690.73 Million | ▼ -83.3% |
| 2012 | 4.11x | CN¥394.60 Million | CN¥1.62 Billion | ▲ +103.0% |
| 2011 | 2.03x | CN¥740.23 Million | CN¥1.50 Billion | — |