Shenzhen Expressway Company Limited (SHZH) — Cash Flow Reinvestment Rate

Latest as of June 2023: 1.19x

Shenzhen Expressway Company Limited (SHZH) has a Cash Flow Reinvestment Rate of 1.19x as of June 2023, reinvesting €1.06 Billion (capex €308.93 Million plus investments €748.26 Million) from operating cash flow of €889.55 Million. See SHZH free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

1.19x
(Capex + Investments) / Operating CF

Total Reinvested

€1.06 Billion
Capex + Investments

Operating Cash Flow

€889.55 Million
EUR

Capital Expenditures

€308.93 Million
EUR

Shenzhen Expressway Company Limited Cash Flow Reinvestment Rate (2013–2025)

Historical reinvestment intensity for Shenzhen Expressway Company Limited across 13 annual periods. For the full cash flow conversion analysis, see SHZH operating cash flow.

Annual Cash Flow Reinvestment Rate for Shenzhen Expressway Company Limited (2013–2025)

Year-by-year capital reinvestment analysis for Shenzhen Expressway Company Limited. See Shenzhen Expressway Company Limited (SHZH) 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 1.04x €4.82 Billion €4.62 Billion €3.28 Billion ▲ +64.3%
2024 0.63x €2.36 Billion €3.72 Billion €2.06 Billion ▼ -13.9%
2023 0.74x €3.02 Billion €4.09 Billion €2.09 Billion ▼ -55.1%
2022 1.64x €5.53 Billion €3.37 Billion €2.09 Billion ▲ +58.2%
2021 1.04x €4.09 Billion €3.94 Billion €3.80 Billion ▼ -74.0%
2020 4.00x €4.40 Billion €1.10 Billion €2.48 Billion ▲ +245.7%
2019 1.16x €1.96 Billion €1.70 Billion €1.62 Billion ▲ +50.8%
2018 0.77x €2.47 Billion €3.22 Billion €1.11 Billion ▼ -53.4%
2017 1.64x €4.89 Billion €2.98 Billion €969.98 Million ▲ +20.0%
2016 1.37x €2.91 Billion €2.13 Billion €382.09 Million ▲ +96.2%
2015 0.70x €1.24 Billion €1.77 Billion €128.35 Million ▲ +279.8%
2014 0.18x €329.54 Million €1.79 Billion €312.90 Million ▼ -47.8%
2013 0.35x €620.16 Million €1.76 Billion €610.57 Million —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow