Air China Limited (AD2) — Cash Flow Reinvestment Rate

Latest as of June 2023: 0.53x

Air China Limited (AD2) has a Cash Flow Reinvestment Rate of 0.53x as of June 2023, reinvesting €6.97 Billion (capex €6.68 Billion plus investments €292.55 Million) from operating cash flow of €13.24 Billion. Check AD2 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.53x
(Capex + Investments) / Operating CF

Total Reinvested

€6.97 Billion
Capex + Investments

Operating Cash Flow

€13.24 Billion
EUR

Capital Expenditures

€6.68 Billion
EUR

Air China Limited Cash Flow Reinvestment Rate (2013–2025)

Historical reinvestment intensity for Air China Limited across 12 annual periods. Explore long-term investment intensity of Air China Limited to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Air China Limited (2013–2025)

Year-by-year capital reinvestment analysis for Air China Limited. For live market cap and broader valuation context, see AD2 market cap.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
2025 0.44x €18.47 Billion €42.05 Billion €17.56 Billion ▼ -27.0%
2024 0.60x €20.78 Billion €34.55 Billion €20.10 Billion ▼ -44.0%
2023 1.07x €38.02 Billion €35.42 Billion €22.77 Billion ▲ +91.5%
2021 0.56x €7.22 Billion €12.89 Billion €6.07 Billion ▼ -95.2%
2020 11.59x €16.33 Billion €1.41 Billion €12.04 Billion ▲ +3139.5%
2019 0.36x €13.72 Billion €38.34 Billion €13.11 Billion ▼ -10.3%
2018 0.40x €12.53 Billion €31.42 Billion €12.31 Billion ▼ -40.6%
2017 0.67x €17.72 Billion €26.39 Billion €17.64 Billion ▼ -48.0%
2016 1.29x €39.65 Billion €30.72 Billion €20.64 Billion ▲ +409.2%
2015 0.25x €8.05 Billion €31.75 Billion €7.63 Billion ▼ -69.6%
2014 0.84x €14.11 Billion €16.90 Billion €13.83 Billion ▼ -35.1%
2013 1.29x €22.42 Billion €17.44 Billion €22.41 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow