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. See China Southern Airlines Company Limited free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see how efficiently does China Southern Airlines Company Limited generate cash.
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. See China Southern Airlines Company Limited financial 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 | 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 | — |