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. Explore capital reinvestment ratio of China Southern Airlines Company Limited to see what proportion of operating cash flow is directed to capital expenditures.
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. Also explore China Southern Airlines Company Limited assets under control for the complete picture of this company's asset base.
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 stock valuation.
| 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 | — |