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. Explore capital reinvestment ratio of China Southern Airlines Co Ltd Class A to see what proportion of operating cash flow is directed to capital expenditures.
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. Also explore China Southern Airlines Co Ltd Class A assets under control for the complete picture of this company's asset base.
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. For live market cap and broader valuation context, see China Southern Airlines Co Ltd Class A (600029) market capitalisation.
| 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 | — |