Stars Microelectronics (Thailand) PCL (SMT) — Capital Reinvestment Ratio
Stars Microelectronics (Thailand) PCL (SMT) has a Capital Reinvestment Ratio of 0.16x as of September 2025, meaning it reinvests 0% of its operating cash flow (฿76.45 Million) in capital expenditures (฿12.40 Million). Check Stars Microelectronics (Thailand) PCL (SMT) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Stars Microelectronics (Thailand) PCL Capital Reinvestment Ratio (2008–2024)
This chart tracks Stars Microelectronics (Thailand) PCL's Capital Reinvestment Ratio across 15 annual periods. For the full cash flow conversion analysis, see Stars Microelectronics (Thailand) PCL cash conversion from operations.
Annual Capital Reinvestment Ratio for Stars Microelectronics (Thailand) PCL (2008–2024)
Year-by-year Capital Reinvestment Ratio for Stars Microelectronics (Thailand) PCL from 2008 to 2024. See SMT FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (THB) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.33x | ฿153.23 Million | ฿50.34 Million | ▲ +267.7% |
| 2023 | 0.09x | ฿511.64 Million | ฿45.71 Million | ▲ +38.1% |
| 2022 | 0.06x | ฿526.88 Million | ฿34.09 Million | ▼ -64.7% |
| 2021 | 0.18x | ฿242.44 Million | ฿44.49 Million | ▼ -48.7% |
| 2020 | 0.36x | ฿285.89 Million | ฿102.31 Million | ▼ -32.4% |
| 2019 | 0.53x | ฿258.80 Million | ฿136.99 Million | ▼ -20.8% |
| 2018 | 0.67x | ฿270.00 Million | ฿180.39 Million | ▼ -51.5% |
| 2017 | 1.38x | ฿406.51 Million | ฿559.93 Million | ▲ +23.3% |
| 2016 | 1.12x | ฿404.73 Million | ฿452.25 Million | ▲ +263.9% |
| 2014 | 0.31x | ฿512.89 Million | ฿157.50 Million | ▼ -64.2% |
| 2013 | 0.86x | ฿812.96 Million | ฿697.03 Million | ▲ +67.0% |
| 2011 | 0.51x | ฿1.01 Billion | ฿518.10 Million | ▼ -45.4% |
| 2010 | 0.94x | ฿441.46 Million | ฿415.09 Million | ▲ +249.1% |
| 2009 | 0.27x | ฿380.42 Million | ฿102.46 Million | ▼ -5.1% |
| 2008 | 0.28x | ฿457.05 Million | ฿129.71 Million | — |