H.K. CHINA GAS HD-25 ADR (HCGS) — Cash Flow Reinvestment Rate
H.K. CHINA GAS HD-25 ADR (HCGS) has a Cash Flow Reinvestment Rate of 0.49x as of December 2025, reinvesting €5.21 Billion (capex €5.13 Billion plus investments €-78.10 Million) from operating cash flow of €10.53 Billion. See H.K. CHINA GAS HD-25 ADR free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
H.K. CHINA GAS HD-25 ADR Cash Flow Reinvestment Rate (2021–2025)
Historical reinvestment intensity for H.K. CHINA GAS HD-25 ADR across 5 annual periods. For the full cash flow conversion analysis, see HCGS operating cash flow.
Annual Cash Flow Reinvestment Rate for H.K. CHINA GAS HD-25 ADR (2021–2025)
Year-by-year capital reinvestment analysis for H.K. CHINA GAS HD-25 ADR. See financial agility of H.K. CHINA GAS HD-25 ADR 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 | 0.49x | €5.21 Billion | €10.53 Billion | €5.13 Billion | ▼ -34.4% |
| 2024 | 0.75x | €6.78 Billion | €9.00 Billion | €6.46 Billion | ▼ -2.5% |
| 2023 | 0.77x | €8.45 Billion | €10.93 Billion | €8.43 Billion | ▼ -12.6% |
| 2022 | 0.88x | €8.54 Billion | €9.64 Billion | €8.33 Billion | ▲ +9.4% |
| 2021 | 0.81x | €8.47 Billion | €10.47 Billion | €8.41 Billion | — |