Shenzhen Expressway Co Ltd (600548) — Cash Flow Reinvestment Rate

Latest as of December 2025: 1.29x

Shenzhen Expressway Co Ltd (600548) has a Cash Flow Reinvestment Rate of 1.29x as of December 2025, reinvesting CN¥1.63 Billion (capex CN¥438.40 Million plus investments CN¥1.19 Billion) from operating cash flow of CN¥1.27 Billion. Explore how much does Shenzhen Expressway Co Ltd reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

1.29x
(Capex + Investments) / Operating CF

Total Reinvested

CN¥1.63 Billion
Capex + Investments

Operating Cash Flow

CN¥1.27 Billion
CNY

Capital Expenditures

CN¥438.40 Million
CNY

Shenzhen Expressway Co Ltd Cash Flow Reinvestment Rate (1998–2025)

Historical reinvestment intensity for Shenzhen Expressway Co Ltd across 28 annual periods. Also explore balance sheet size of Shenzhen Expressway Co Ltd for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Shenzhen Expressway Co Ltd (1998–2025)

Year-by-year capital reinvestment analysis for Shenzhen Expressway Co Ltd. For live market cap and broader valuation context, see Shenzhen Expressway Co Ltd market cap and net worth.

Year Reinvestment Rate Total Reinvested (CNY) Operating CF Capex YoY Change
2025 0.90x CN¥4.82 Billion CN¥5.34 Billion CN¥3.28 Billion ▲ +42.3%
2024 0.63x CN¥2.36 Billion CN¥3.72 Billion CN¥2.06 Billion ▼ -13.9%
2023 0.74x CN¥3.02 Billion CN¥4.09 Billion CN¥2.09 Billion ▼ -55.1%
2022 1.64x CN¥5.53 Billion CN¥3.37 Billion CN¥2.09 Billion ▲ +58.2%
2021 1.04x CN¥4.09 Billion CN¥3.94 Billion CN¥3.80 Billion ▼ -74.0%
2020 4.00x CN¥4.40 Billion CN¥1.10 Billion CN¥2.48 Billion ▲ +259.4%
2019 1.11x CN¥1.95 Billion CN¥1.75 Billion CN¥1.61 Billion ▲ +45.1%
2018 0.77x CN¥2.47 Billion CN¥3.22 Billion CN¥1.11 Billion ▼ -58.0%
2017 1.82x CN¥4.85 Billion CN¥2.66 Billion CN¥934.14 Million ▲ +33.2%
2016 1.37x CN¥2.91 Billion CN¥2.13 Billion CN¥382.09 Million ▲ +96.2%
2015 0.70x CN¥1.24 Billion CN¥1.77 Billion CN¥128.35 Million ▲ +300.0%
2014 0.17x CN¥312.90 Million CN¥1.79 Billion CN¥312.90 Million ▼ -49.7%
2013 0.35x CN¥610.57 Million CN¥1.76 Billion CN¥610.57 Million ▼ -2.7%
2012 0.36x CN¥545.48 Million CN¥1.53 Billion CN¥545.48 Million ▼ -38.4%
2011 0.58x CN¥873.00 Million CN¥1.51 Billion CN¥873.00 Million ▼ -2.0%
2010 0.59x CN¥955.30 Million CN¥1.62 Billion CN¥955.30 Million ▼ -55.2%
2009 1.32x CN¥1.03 Billion CN¥779.94 Million CN¥1.03 Billion ▼ -53.7%
2008 2.85x CN¥2.70 Billion CN¥945.87 Million CN¥2.70 Billion ▼ -31.4%
2007 4.16x CN¥3.37 Billion CN¥811.72 Million CN¥3.37 Billion ▲ +506.5%
2006 0.69x CN¥688.53 Million CN¥1.00 Billion CN¥688.53 Million ▲ +3.9%
2005 0.66x CN¥425.27 Million CN¥645.10 Million CN¥425.27 Million ▲ +14.1%
2004 0.58x CN¥295.50 Million CN¥511.54 Million CN¥295.50 Million ▲ +27.6%
2003 0.45x CN¥195.34 Million CN¥431.49 Million CN¥195.34 Million ▼ -34.7%
2002 0.69x CN¥305.90 Million CN¥441.20 Million CN¥305.90 Million ▲ +52.8%
2001 0.45x CN¥261.00 Million CN¥575.22 Million CN¥261.00 Million ▼ -43.0%
2000 0.80x CN¥343.55 Million CN¥431.48 Million CN¥343.55 Million ▼ -69.4%
1999 2.60x CN¥998.98 Million CN¥383.61 Million CN¥998.98 Million ▲ +55.4%
1998 1.68x CN¥553.67 Million CN¥330.30 Million CN¥553.67 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow