Shenzhen Expressway Co Ltd (600548) — Free Cash Flow Generation Index

Latest as of December 2025: 0.65x

Shenzhen Expressway Co Ltd (600548) has a Free Cash Flow Generation Index of 0.65x as of December 2025. Free cash flow of CN¥826.65 Million represents 1% of operating cash flow (CN¥1.27 Billion). Explore Shenzhen Expressway Co Ltd (600548) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.65x
Free Cash Flow / Operating CF

Free Cash Flow

CN¥826.65 Million
CNY

Operating Cash Flow

CN¥1.27 Billion
CNY

Capital Expenditures

CN¥438.40 Million
CNY

Shenzhen Expressway Co Ltd Free Cash Flow Generation Index (1998–2025)

Historical FCF Generation Index trend for Shenzhen Expressway Co Ltd across 28 annual periods. For the full cash flow conversion analysis, see 600548 cash flow conversion.

Annual Free Cash Flow Generation for Shenzhen Expressway Co Ltd (1998–2025)

Year-by-year Free Cash Flow Generation Index for Shenzhen Expressway Co Ltd. Check 600548 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (CNY) Operating CF Capital Expenditures YoY Change
2025 0.39x CN¥2.06 Billion CN¥5.34 Billion CN¥3.28 Billion ▼ -13.5%
2024 0.45x CN¥1.66 Billion CN¥3.72 Billion CN¥2.06 Billion ▼ -8.7%
2023 0.49x CN¥2.00 Billion CN¥4.09 Billion CN¥2.09 Billion ▲ +28.8%
2022 0.38x CN¥1.28 Billion CN¥3.37 Billion CN¥2.09 Billion ▲ +944.5%
2021 0.04x CN¥143.13 Million CN¥3.94 Billion CN¥3.80 Billion ▲ +102.9%
2020 -1.26x CN¥-1.38 Billion CN¥1.10 Billion CN¥2.48 Billion ▼ -1653.9%
2019 0.08x CN¥141.65 Million CN¥1.75 Billion CN¥1.61 Billion ▼ -87.7%
2018 0.66x CN¥2.11 Billion CN¥3.22 Billion CN¥1.11 Billion ▲ +1.0%
2017 0.65x CN¥1.73 Billion CN¥2.66 Billion CN¥934.14 Million ▼ -20.9%
2016 0.82x CN¥1.74 Billion CN¥2.13 Billion CN¥382.09 Million ▼ -11.6%
2015 0.93x CN¥1.64 Billion CN¥1.77 Billion CN¥128.35 Million ▲ +12.4%
2014 0.83x CN¥1.48 Billion CN¥1.79 Billion CN¥312.90 Million ▲ +26.4%
2013 0.65x CN¥1.15 Billion CN¥1.76 Billion CN¥610.57 Million ▲ +1.5%
2012 0.64x CN¥985.17 Million CN¥1.53 Billion CN¥545.48 Million ▲ +52.8%
2011 0.42x CN¥635.13 Million CN¥1.51 Billion CN¥873.00 Million ▲ +2.9%
2010 0.41x CN¥662.06 Million CN¥1.62 Billion CN¥955.30 Million ▲ +228.2%
2009 -0.32x CN¥-249.03 Million CN¥779.94 Million CN¥1.03 Billion ▲ +82.8%
2008 -1.85x CN¥-1.75 Billion CN¥945.87 Million CN¥2.70 Billion ▲ +41.3%
2007 -3.16x CN¥-2.56 Billion CN¥811.72 Million CN¥3.37 Billion ▼ -1102.4%
2006 0.31x CN¥316.35 Million CN¥1.00 Billion CN¥688.53 Million ▼ -7.6%
2005 0.34x CN¥219.83 Million CN¥645.10 Million CN¥425.27 Million ▼ -19.3%
2004 0.42x CN¥216.04 Million CN¥511.54 Million CN¥295.50 Million ▼ -22.8%
2003 0.55x CN¥236.15 Million CN¥431.49 Million CN¥195.34 Million ▲ +78.5%
2002 0.31x CN¥135.30 Million CN¥441.20 Million CN¥305.90 Million ▼ -43.9%
2001 0.55x CN¥314.22 Million CN¥575.22 Million CN¥261.00 Million ▲ +168.1%
2000 0.20x CN¥87.93 Million CN¥431.48 Million CN¥343.55 Million ▲ +112.7%
1999 -1.60x CN¥-615.38 Million CN¥383.61 Million CN¥998.98 Million ▼ -137.2%
1998 -0.68x CN¥-223.37 Million CN¥330.30 Million CN¥553.67 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).