China Southern Airlines Company Limited (ZNHH) — Cash Flow Reinvestment Rate
China Southern Airlines Company Limited (ZNHH) has a Cash Flow Reinvestment Rate of 0.31x as of June 2023, reinvesting €3.37 Billion (capex €3.28 Billion plus investments €90.00 Million) from operating cash flow of €10.97 Billion. Check China Southern Airlines Company Limited cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
China Southern Airlines Company Limited Cash Flow Reinvestment Rate (2013–2025)
Historical reinvestment intensity for China Southern Airlines Company Limited across 13 annual periods. Explore China Southern Airlines Company Limited long-term investment intensity to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for China Southern Airlines Company Limited (2013–2025)
Year-by-year capital reinvestment analysis for China Southern Airlines Company Limited. For live market cap and broader valuation context, see China Southern Airlines Company Limited market cap and net worth.
| Year | Reinvestment Rate | Total Reinvested (EUR) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.52x | €19.95 Billion | €38.21 Billion | €17.77 Billion | ▼ -9.9% |
| 2024 | 0.58x | €18.22 Billion | €31.45 Billion | €16.14 Billion | ▼ -19.5% |
| 2023 | 0.72x | €28.88 Billion | €40.13 Billion | €11.37 Billion | ▼ -79.0% |
| 2022 | 3.43x | €11.88 Billion | €3.46 Billion | €11.70 Billion | ▲ +166.6% |
| 2021 | 1.29x | €17.19 Billion | €13.37 Billion | €17.14 Billion | ▲ +2.9% |
| 2020 | 1.25x | €11.30 Billion | €9.05 Billion | €11.06 Billion | ▲ +195.6% |
| 2019 | 0.42x | €16.11 Billion | €38.12 Billion | €15.62 Billion | ▼ -66.2% |
| 2018 | 1.25x | €24.47 Billion | €19.59 Billion | €24.03 Billion | ▲ +90.7% |
| 2017 | 0.66x | €14.02 Billion | €21.40 Billion | €13.85 Billion | ▼ -50.2% |
| 2016 | 1.32x | €34.72 Billion | €26.39 Billion | €18.97 Billion | ▲ +186.8% |
| 2015 | 0.46x | €11.80 Billion | €25.72 Billion | €11.76 Billion | ▼ -16.2% |
| 2014 | 0.55x | €8.27 Billion | €15.12 Billion | €8.23 Billion | ▼ -51.2% |
| 2013 | 1.12x | €12.49 Billion | €11.13 Billion | €11.99 Billion | — |