Vietnam Airlines JSC (HVN) — Cash Flow Reinvestment Rate

Latest as of June 2025: 0.57x

Vietnam Airlines JSC (HVN) has a Cash Flow Reinvestment Rate of 0.57x as of June 2025, reinvesting ₫1.21 Trillion (capex ₫492.76 Billion plus investments ₫-719.75 Billion) from operating cash flow of ₫2.14 Trillion. See HVN free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.57x
(Capex + Investments) / Operating CF

Total Reinvested

₫1.21 Trillion
Capex + Investments

Operating Cash Flow

₫2.14 Trillion
VND

Capital Expenditures

₫492.76 Billion
VND

Vietnam Airlines JSC Cash Flow Reinvestment Rate (2019–2024)

Historical reinvestment intensity for Vietnam Airlines JSC across 4 annual periods. For the full cash flow conversion analysis, see Vietnam Airlines JSC (HVN) cash flow conversion.

Annual Cash Flow Reinvestment Rate for Vietnam Airlines JSC (2019–2024)

Year-by-year capital reinvestment analysis for Vietnam Airlines JSC. See Vietnam Airlines JSC financial flexibility index to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (VND) Operating CF Capex YoY Change
2024 0.06x ₫570.39 Billion ₫9.44 Trillion ₫320.43 Billion ▼ -77.3%
2023 0.27x ₫918.02 Billion ₫3.46 Trillion ₫789.45 Billion ▲ +5.8%
2022 0.25x ₫1.73 Trillion ₫6.88 Trillion ₫956.99 Billion ▲ +8.6%
2019 0.23x ₫2.04 Trillion ₫8.82 Trillion ₫1.27 Trillion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow