China Express Airlines Co Ltd Class A (002928) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.59x

China Express Airlines Co Ltd Class A (002928) has a Cash Flow Reinvestment Rate of 0.59x as of September 2025, reinvesting CN¥846.29 Million (capex CN¥846.29 Million ) from operating cash flow of CN¥1.43 Billion. Check 002928 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.59x
(Capex + Investments) / Operating CF

Total Reinvested

CN¥846.29 Million
Capex + Investments

Operating Cash Flow

CN¥1.43 Billion
CNY

Capital Expenditures

CN¥846.29 Million
CNY

China Express Airlines Co Ltd Class A Cash Flow Reinvestment Rate (2013–2025)

Historical reinvestment intensity for China Express Airlines Co Ltd Class A across 13 annual periods. Explore China Express Airlines Co Ltd Class A debt service capacity to assess how comfortably operating cash covers total debt obligations.

Annual Cash Flow Reinvestment Rate for China Express Airlines Co Ltd Class A (2013–2025)

Year-by-year capital reinvestment analysis for China Express Airlines Co Ltd Class A. For live market cap and broader valuation context, see 002928 market cap.

Year Reinvestment Rate Total Reinvested (CNY) Operating CF Capex YoY Change
2025 0.94x CN¥2.37 Billion CN¥2.52 Billion CN¥2.37 Billion ▲ +470.3%
2024 0.17x CN¥298.59 Million CN¥1.81 Billion CN¥298.20 Million ▼ -79.8%
2023 0.82x CN¥1.08 Billion CN¥1.32 Billion CN¥541.25 Million ▼ -60.6%
2022 2.08x CN¥658.10 Million CN¥316.61 Million CN¥351.59 Million ▲ +5.2%
2021 1.98x CN¥1.81 Billion CN¥915.33 Million CN¥1.81 Billion ▲ +147.2%
2020 0.80x CN¥805.78 Million CN¥1.01 Billion CN¥756.07 Million ▼ -29.9%
2019 1.14x CN¥1.20 Billion CN¥1.05 Billion CN¥1.13 Billion ▼ -60.8%
2018 2.91x CN¥1.52 Billion CN¥521.34 Million CN¥1.39 Billion ▲ +122.3%
2017 1.31x CN¥898.21 Million CN¥685.35 Million CN¥773.21 Million ▲ +70.2%
2016 0.77x CN¥583.87 Million CN¥758.12 Million CN¥579.06 Million ▲ +58.2%
2015 0.49x CN¥292.55 Million CN¥600.82 Million CN¥292.55 Million ▼ -6.3%
2014 0.52x CN¥135.25 Million CN¥260.27 Million CN¥135.25 Million ▼ -50.7%
2013 1.05x CN¥162.65 Million CN¥154.23 Million CN¥162.65 Million —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow