China Southern Airlines Co Ltd Class A (600029) — Cash Flow Reinvestment Rate
China Southern Airlines Co Ltd Class A (600029) has a Cash Flow Reinvestment Rate of 0.13x as of September 2025, reinvesting CN¥2.36 Billion (capex CN¥2.36 Billion ) from operating cash flow of CN¥18.07 Billion. See 600029 cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
China Southern Airlines Co Ltd Class A Cash Flow Reinvestment Rate (1997–2025)
Historical reinvestment intensity for China Southern Airlines Co Ltd Class A across 28 annual periods. For the full cash flow conversion analysis, see 600029 cash flow conversion.
Annual Cash Flow Reinvestment Rate for China Southern Airlines Co Ltd Class A (1997–2025)
Year-by-year capital reinvestment analysis for China Southern Airlines Co Ltd Class A. See financial agility of China Southern 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 | 0.52x | CN¥19.95 Billion | CN¥38.21 Billion | CN¥17.77 Billion | ▼ -9.9% |
| 2024 | 0.58x | CN¥18.22 Billion | CN¥31.45 Billion | CN¥16.14 Billion | ▲ +18.4% |
| 2023 | 0.49x | CN¥19.63 Billion | CN¥40.13 Billion | CN¥11.37 Billion | ▼ -78.1% |
| 2021 | 2.24x | CN¥17.19 Billion | CN¥7.69 Billion | CN¥17.14 Billion | ▼ -46.6% |
| 2020 | 4.19x | CN¥11.30 Billion | CN¥2.70 Billion | CN¥11.06 Billion | ▲ +710.6% |
| 2019 | 0.52x | CN¥16.11 Billion | CN¥31.18 Billion | CN¥15.63 Billion | ▼ -67.6% |
| 2018 | 1.59x | CN¥24.53 Billion | CN¥15.39 Billion | CN¥24.09 Billion | ▲ +101.5% |
| 2017 | 0.79x | CN¥14.02 Billion | CN¥17.73 Billion | CN¥13.85 Billion | ▼ -45.9% |
| 2016 | 1.46x | CN¥34.77 Billion | CN¥23.76 Billion | CN¥19.02 Billion | ▲ +182.3% |
| 2015 | 0.52x | CN¥12.30 Billion | CN¥23.73 Billion | CN¥12.26 Billion | ▼ -22.2% |
| 2014 | 0.67x | CN¥9.04 Billion | CN¥13.57 Billion | CN¥8.82 Billion | ▼ -47.7% |
| 2013 | 1.27x | CN¥12.36 Billion | CN¥9.70 Billion | CN¥12.36 Billion | ▼ -5.2% |
| 2012 | 1.34x | CN¥15.73 Billion | CN¥11.70 Billion | CN¥15.73 Billion | ▼ -15.8% |
| 2011 | 1.60x | CN¥20.04 Billion | CN¥12.56 Billion | CN¥20.04 Billion | ▲ +35.6% |
| 2010 | 1.18x | CN¥13.47 Billion | CN¥11.44 Billion | CN¥13.47 Billion | ▼ -29.7% |
| 2009 | 1.68x | CN¥15.01 Billion | CN¥8.96 Billion | CN¥15.01 Billion | ▼ -76.9% |
| 2008 | 7.24x | CN¥8.36 Billion | CN¥1.16 Billion | CN¥8.36 Billion | ▲ +804.1% |
| 2007 | 0.80x | CN¥5.50 Billion | CN¥6.87 Billion | CN¥5.50 Billion | ▼ -30.8% |
| 2006 | 1.16x | CN¥2.57 Billion | CN¥2.22 Billion | CN¥2.57 Billion | ▼ -55.0% |
| 2005 | 2.57x | CN¥9.87 Billion | CN¥3.83 Billion | CN¥9.87 Billion | ▼ -43.6% |
| 2004 | 4.56x | CN¥16.41 Billion | CN¥3.60 Billion | CN¥16.41 Billion | ▲ +3.2% |
| 2003 | 4.42x | CN¥9.41 Billion | CN¥2.13 Billion | CN¥9.41 Billion | ▲ +157.4% |
| 2002 | 1.72x | CN¥6.35 Billion | CN¥3.70 Billion | CN¥6.35 Billion | ▲ +28.0% |
| 2001 | 1.34x | CN¥2.98 Billion | CN¥2.22 Billion | CN¥2.98 Billion | ▲ +128.8% |
| 2000 | 0.59x | CN¥1.38 Billion | CN¥2.36 Billion | CN¥1.38 Billion | ▲ +35.3% |
| 1999 | 0.43x | CN¥1.39 Billion | CN¥3.20 Billion | CN¥1.39 Billion | ▼ -85.2% |
| 1998 | 2.94x | CN¥3.25 Billion | CN¥1.11 Billion | CN¥3.25 Billion | ▲ +133.9% |
| 1997 | 1.26x | CN¥3.36 Billion | CN¥2.68 Billion | CN¥3.36 Billion | — |