Shenzhen Expressway Co Ltd (600548) — Cash Flow Reinvestment Rate
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. See 600548 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
Shenzhen Expressway Co Ltd Cash Flow Reinvestment Rate (1998–2025)
Historical reinvestment intensity for Shenzhen Expressway Co Ltd across 28 annual periods. For the full cash flow conversion analysis, see Shenzhen Expressway Co Ltd (600548) cash conversion ratio.
Annual Cash Flow Reinvestment Rate for Shenzhen Expressway Co Ltd (1998–2025)
Year-by-year capital reinvestment analysis for Shenzhen Expressway Co Ltd. See 600548 financial flexibility score 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 | 0.90x | 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 | — |