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. Check earnings quality score of Zhejiang Expressway Co. Ltd to evaluate the quality of earnings relative to operating cash generation.

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. Explore Zhejiang Expressway Co. Ltd strategic investment ratio to see how much of total assets are deployed in long-term investments.

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

Year-by-year capital reinvestment analysis for Zhejiang Expressway Co. Ltd. For live market cap and broader valuation context, see ZHJ market cap.

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