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. See 200429 FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see cash efficiency ratio of Guangdong Provincial Expressway Developm.
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. See 200429 free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
| 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 | — |