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. See 002928 free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

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. For the full cash flow conversion analysis, see China Express Airlines Co Ltd Class A cash conversion from operations.

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. See financial flexibility index of China Express Airlines Co Ltd Class A to measure the company's free cash flow as a share of total liabilities.

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