Spring Airlines Co Ltd (601021) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.79x

Spring Airlines Co Ltd (601021) has a Cash Flow Reinvestment Rate of 0.79x as of September 2025, reinvesting CN¥2.10 Billion (capex CN¥2.10 Billion ) from operating cash flow of CN¥2.64 Billion. See free cash flow generation of Spring Airlines Co Ltd to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.79x
(Capex + Investments) / Operating CF

Total Reinvested

CN¥2.10 Billion
Capex + Investments

Operating Cash Flow

CN¥2.64 Billion
CNY

Capital Expenditures

CN¥2.10 Billion
CNY

Spring Airlines Co Ltd Cash Flow Reinvestment Rate (2011–2025)

Historical reinvestment intensity for Spring Airlines Co Ltd across 15 annual periods. For the full cash flow conversion analysis, see 601021 cash generation efficiency.

Annual Cash Flow Reinvestment Rate for Spring Airlines Co Ltd (2011–2025)

Year-by-year capital reinvestment analysis for Spring Airlines Co Ltd. See Spring Airlines Co Ltd leverage flexibility ratio 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 1.00x CN¥6.62 Billion CN¥6.62 Billion CN¥6.33 Billion ▼ -18.6%
2024 1.23x CN¥7.23 Billion CN¥5.89 Billion CN¥7.21 Billion ▲ +38.0%
2023 0.89x CN¥5.95 Billion CN¥6.69 Billion CN¥3.21 Billion ▼ -95.7%
2022 20.78x CN¥9.12 Billion CN¥438.62 Million CN¥4.57 Billion ▲ +464.1%
2021 3.68x CN¥6.20 Billion CN¥1.68 Billion CN¥6.20 Billion ▼ -40.0%
2020 6.14x CN¥5.07 Billion CN¥825.76 Million CN¥4.36 Billion ▲ +154.3%
2019 2.41x CN¥8.29 Billion CN¥3.44 Billion CN¥5.34 Billion ▲ +24.0%
2018 1.95x CN¥5.63 Billion CN¥2.90 Billion CN¥3.17 Billion ▲ +57.6%
2017 1.23x CN¥2.84 Billion CN¥2.30 Billion CN¥2.55 Billion ▼ -56.1%
2016 2.81x CN¥5.74 Billion CN¥2.04 Billion CN¥4.83 Billion ▼ -1.1%
2015 2.84x CN¥4.58 Billion CN¥1.61 Billion CN¥4.48 Billion ▲ +24.6%
2014 2.28x CN¥2.46 Billion CN¥1.08 Billion CN¥2.46 Billion ▲ +384.8%
2013 0.47x CN¥723.88 Million CN¥1.54 Billion CN¥723.88 Million ▼ -63.5%
2012 1.29x CN¥1.14 Billion CN¥884.01 Million CN¥1.14 Billion ▲ +29.1%
2011 1.00x CN¥697.52 Million CN¥697.86 Million CN¥697.52 Million —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow