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. See Air China Limited free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

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. For the full cash flow conversion analysis, see AD2 cash generation efficiency.

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

Year-by-year capital reinvestment analysis for Air China Limited. See AD2 financial flexibility index to measure the company's free cash flow as a share of total liabilities.

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