Air China Ltd Class A (601111) — Cash Flow Reinvestment Rate
Air China Ltd Class A (601111) has a Cash Flow Reinvestment Rate of 0.90x as of December 2025, reinvesting CN¥8.09 Billion (capex CN¥6.81 Billion plus investments CN¥1.28 Billion) from operating cash flow of CN¥8.97 Billion. Check 601111 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Air China Ltd Class A Cash Flow Reinvestment Rate (2002–2025)
Historical reinvestment intensity for Air China Ltd Class A across 23 annual periods. Explore Air China Ltd Class A long-term investment intensity to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Air China Ltd Class A (2002–2025)
Year-by-year capital reinvestment analysis for Air China Ltd Class A. For live market cap and broader valuation context, see Air China Ltd Class A (601111) market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (CNY) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.42x | CN¥18.47 Billion | CN¥44.11 Billion | CN¥17.56 Billion | ▼ -30.4% |
| 2024 | 0.60x | CN¥20.78 Billion | CN¥34.55 Billion | CN¥20.10 Billion | ▼ -7.3% |
| 2023 | 0.65x | CN¥22.98 Billion | CN¥35.42 Billion | CN¥22.77 Billion | ▲ +15.7% |
| 2021 | 0.56x | CN¥7.22 Billion | CN¥12.89 Billion | CN¥6.07 Billion | ▼ -95.2% |
| 2020 | 11.59x | CN¥16.33 Billion | CN¥1.41 Billion | CN¥12.04 Billion | ▲ +3139.5% |
| 2019 | 0.36x | CN¥13.72 Billion | CN¥38.34 Billion | CN¥13.11 Billion | ▼ -10.3% |
| 2018 | 0.40x | CN¥12.53 Billion | CN¥31.42 Billion | CN¥12.31 Billion | ▼ -40.6% |
| 2017 | 0.67x | CN¥17.72 Billion | CN¥26.39 Billion | CN¥17.64 Billion | ▼ -48.0% |
| 2016 | 1.29x | CN¥39.65 Billion | CN¥30.72 Billion | CN¥20.64 Billion | ▲ +409.2% |
| 2015 | 0.25x | CN¥8.05 Billion | CN¥31.75 Billion | CN¥7.63 Billion | ▼ -69.0% |
| 2014 | 0.82x | CN¥13.83 Billion | CN¥16.90 Billion | CN¥13.83 Billion | ▼ -36.3% |
| 2013 | 1.29x | CN¥22.41 Billion | CN¥17.44 Billion | CN¥22.41 Billion | ▲ +4.3% |
| 2012 | 1.23x | CN¥15.30 Billion | CN¥12.42 Billion | CN¥15.30 Billion | ▲ +18.4% |
| 2011 | 1.04x | CN¥22.52 Billion | CN¥21.64 Billion | CN¥22.52 Billion | ▲ +18.1% |
| 2010 | 0.88x | CN¥17.32 Billion | CN¥19.67 Billion | CN¥17.32 Billion | ▼ -21.7% |
| 2009 | 1.13x | CN¥7.76 Billion | CN¥6.90 Billion | CN¥7.76 Billion | ▲ +5.4% |
| 2008 | 1.07x | CN¥7.53 Billion | CN¥7.05 Billion | CN¥7.53 Billion | ▲ +17.9% |
| 2007 | 0.90x | CN¥8.46 Billion | CN¥9.35 Billion | CN¥8.46 Billion | ▲ +8.7% |
| 2006 | 0.83x | CN¥6.16 Billion | CN¥7.40 Billion | CN¥6.16 Billion | ▼ -52.4% |
| 2005 | 1.75x | CN¥12.36 Billion | CN¥7.07 Billion | CN¥12.36 Billion | ▲ +109.9% |
| 2004 | 0.83x | CN¥6.82 Billion | CN¥8.19 Billion | CN¥6.82 Billion | ▲ +69.9% |
| 2003 | 0.49x | CN¥3.74 Billion | CN¥7.63 Billion | CN¥3.74 Billion | ▲ +20.3% |
| 2002 | 0.41x | CN¥2.89 Billion | CN¥7.10 Billion | CN¥2.89 Billion | — |