Zhejiang Expressway Co. Ltd (ZHJ) — Cash Flow Reinvestment Rate

Latest as of December 2023: 2.44x

Zhejiang Expressway Co. Ltd (ZHJ) has a Cash Flow Reinvestment Rate of 2.44x as of December 2023, reinvesting €2.67 Billion (capex €0.00 plus investments €-2.67 Billion) from operating cash flow of €1.10 Billion. See ZHJ cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

2.44x
(Capex + Investments) / Operating CF

Total Reinvested

€2.67 Billion
Capex + Investments

Operating Cash Flow

€1.10 Billion
EUR

Capital Expenditures

€0.00
EUR

Zhejiang Expressway Co. Ltd Cash Flow Reinvestment Rate (2013–2025)

Historical reinvestment intensity for Zhejiang Expressway Co. Ltd across 11 annual periods. For the full cash flow conversion analysis, see ZHJ cash flow metrics.

Annual Cash Flow Reinvestment Rate for Zhejiang Expressway Co. Ltd (2013–2025)

Year-by-year capital reinvestment analysis for Zhejiang Expressway Co. Ltd. See ZHJ FCF to total liabilities ratio 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 3.95x €16.61 Billion €4.20 Billion €1.70 Billion ▲ +143.0%
2024 1.63x €14.77 Billion €9.08 Billion €924.37 Million ▲ +0.9%
2023 1.61x €15.82 Billion €9.81 Billion €1.41 Billion ▲ +178.1%
2022 0.58x €4.43 Billion €7.64 Billion €1.48 Billion ▲ +68.0%
2021 0.35x €974.11 Million €2.82 Billion €884.60 Million ▼ -98.8%
2020 29.43x €3.69 Billion €125.29 Million €825.13 Million ▲ +739.5%
2019 3.51x €1.34 Billion €382.75 Million €982.05 Million ▲ +201.1%
2018 1.16x €3.74 Billion €3.22 Billion €280.47 Million ▲ +174.9%
2016 0.42x €2.00 Billion €4.72 Billion €498.80 Million ▼ -5.9%
2014 0.45x €1.69 Billion €3.76 Billion €1.27 Billion ▲ +19.0%
2013 0.38x €370.78 Million €979.98 Million €252.41 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow