Tiangong International Company Limited (34T1) — Capital Reinvestment Ratio

Latest as of June 2023: 1.17x

Tiangong International Company Limited (34T1) has a Capital Reinvestment Ratio of 1.17x as of June 2023, meaning it reinvests 1% of its operating cash flow (€76.85 Million) in capital expenditures (€90.28 Million). Check Tiangong International Company Limited (34T1) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

1.17x
Capex / Operating Cash Flow

Operating Cash Flow

€76.85 Million
EUR

Capital Expenditures

€90.28 Million
EUR

Data as of

Jun 2023
Most recent filing

Tiangong International Company Limited Capital Reinvestment Ratio (2013–2024)

This chart tracks Tiangong International Company Limited's Capital Reinvestment Ratio across 12 annual periods. For the full cash flow conversion analysis, see 34T1 operating cash flow.

Annual Capital Reinvestment Ratio for Tiangong International Company Limited (2013–2024)

Year-by-year Capital Reinvestment Ratio for Tiangong International Company Limited from 2013 to 2024. See Tiangong International Company Limited free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (EUR) Capital Expenditures YoY Change
2024 0.58x €501.76 Million €289.29 Million ▼ -89.4%
2023 5.43x €55.13 Million €299.16 Million ▲ +206.8%
2022 1.77x €303.55 Million €536.98 Million ▲ +563.3%
2021 0.27x €18.57 Million €4.95 Million ▲ +237.6%
2020 0.08x €58.12 Million €4.59 Million ▼ -93.8%
2019 1.28x €398.67 Million €510.37 Million ▲ +237.9%
2018 0.38x €810.90 Million €307.24 Million ▼ -72.8%
2017 1.39x €215.01 Million €299.59 Million ▲ +75.4%
2016 0.79x €494.77 Million €392.96 Million ▲ +13.4%
2015 0.70x €632.53 Million €443.01 Million ▼ -42.6%
2014 1.22x €566.20 Million €691.00 Million ▼ -76.4%
2013 5.18x €87.09 Million €450.74 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow