Guangdong Provincial Expressway Development Co Ltd (200429) — Cash Flow Reinvestment Rate
Guangdong Provincial Expressway Development Co Ltd (200429) has a Cash Flow Reinvestment Rate of 2.75x as of December 2025, reinvesting HK$1.57 Billion (capex HK$1.20 Billion plus investments HK$-377.39 Million) from operating cash flow of HK$572.78 Million. Check 200429 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Guangdong Provincial Expressway Development Co Ltd Cash Flow Reinvestment Rate (1998–2025)
Historical reinvestment intensity for Guangdong Provincial Expressway Development Co Ltd across 28 annual periods. Explore 200429 long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Guangdong Provincial Expressway Development Co Ltd (1998–2025)
Year-by-year capital reinvestment analysis for Guangdong Provincial Expressway Development Co Ltd. For live market cap and broader valuation context, see 200429 company net worth.
| Year | Reinvestment Rate | Total Reinvested (HKD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.70x | HK$2.54 Billion | HK$3.64 Billion | HK$2.37 Billion | ▲ +11.6% |
| 2024 | 0.63x | HK$2.04 Billion | HK$3.26 Billion | HK$2.04 Billion | ▼ -20.9% |
| 2023 | 0.79x | HK$3.04 Billion | HK$3.83 Billion | HK$1.54 Billion | ▲ +82.2% |
| 2022 | 0.43x | HK$1.20 Billion | HK$2.75 Billion | HK$875.18 Million | ▲ +164.5% |
| 2021 | 0.16x | HK$603.31 Million | HK$3.67 Billion | HK$513.66 Million | ▼ -35.8% |
| 2020 | 0.26x | HK$674.92 Million | HK$2.64 Billion | HK$660.01 Million | ▼ -40.5% |
| 2019 | 0.43x | HK$855.57 Million | HK$1.99 Billion | HK$823.07 Million | ▼ -6.1% |
| 2018 | 0.46x | HK$877.87 Million | HK$1.92 Billion | HK$845.37 Million | ▼ -18.2% |
| 2017 | 0.56x | HK$1.23 Billion | HK$2.19 Billion | HK$429.01 Million | ▼ -51.8% |
| 2016 | 1.16x | HK$2.23 Billion | HK$1.92 Billion | HK$487.33 Million | ▲ +554.0% |
| 2015 | 0.18x | HK$176.94 Million | HK$996.99 Million | HK$97.15 Million | ▼ -26.8% |
| 2014 | 0.24x | HK$234.51 Million | HK$967.24 Million | HK$234.51 Million | ▼ -58.3% |
| 2013 | 0.58x | HK$440.50 Million | HK$757.45 Million | HK$440.50 Million | ▼ -68.2% |
| 2012 | 1.83x | HK$1.14 Billion | HK$621.18 Million | HK$1.14 Billion | ▲ +36.9% |
| 2011 | 1.34x | HK$828.12 Million | HK$620.31 Million | HK$828.12 Million | ▼ -19.2% |
| 2010 | 1.65x | HK$974.83 Million | HK$590.29 Million | HK$974.83 Million | ▼ -66.6% |
| 2009 | 4.94x | HK$1.12 Billion | HK$225.99 Million | HK$1.12 Billion | ▲ +133.1% |
| 2008 | 2.12x | HK$1.24 Billion | HK$582.65 Million | HK$1.24 Billion | ▲ +532.6% |
| 2007 | 0.34x | HK$231.62 Million | HK$690.83 Million | HK$231.62 Million | ▲ +705.0% |
| 2006 | 0.04x | HK$24.83 Million | HK$596.06 Million | HK$24.83 Million | ▼ -49.5% |
| 2005 | 0.08x | HK$51.79 Million | HK$628.20 Million | HK$51.79 Million | ▼ -24.0% |
| 2004 | 0.11x | HK$73.22 Million | HK$674.82 Million | HK$73.22 Million | ▼ -67.1% |
| 2003 | 0.33x | HK$149.63 Million | HK$453.60 Million | HK$149.63 Million | ▲ +436.4% |
| 2002 | 0.06x | HK$21.89 Million | HK$355.92 Million | HK$21.89 Million | ▲ +82.6% |
| 2001 | 0.03x | HK$16.11 Million | HK$478.14 Million | HK$16.11 Million | ▼ -80.9% |
| 2000 | 0.18x | HK$27.63 Million | HK$156.36 Million | HK$27.63 Million | ▼ -80.3% |
| 1999 | 0.90x | HK$170.09 Million | HK$189.54 Million | HK$170.09 Million | ▼ -34.7% |
| 1998 | 1.37x | HK$232.85 Million | HK$169.56 Million | HK$232.85 Million | — |