Angang Steel Company Limited (GNV) — Capital Reinvestment Ratio

Latest as of September 2023: 1.78x

Angang Steel Company Limited (GNV) has a Capital Reinvestment Ratio of 1.78x as of September 2023, meaning it reinvests 2% of its operating cash flow (€359.00 Million) in capital expenditures (€639.00 Million). Check GNV tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

1.78x
Capex / Operating Cash Flow

Operating Cash Flow

€359.00 Million
EUR

Capital Expenditures

€639.00 Million
EUR

Data as of

Sep 2023
Most recent filing

Angang Steel Company Limited Capital Reinvestment Ratio (2013–2023)

This chart tracks Angang Steel Company Limited's Capital Reinvestment Ratio across 11 annual periods. For the full cash flow conversion analysis, see GNV operating cash flow.

Annual Capital Reinvestment Ratio for Angang Steel Company Limited (2013–2023)

Year-by-year Capital Reinvestment Ratio for Angang Steel Company Limited from 2013 to 2023. See cash generation quality of Angang Steel Company Limited to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (EUR) Capital Expenditures YoY Change
2023 1.87x €1.64 Billion €3.06 Billion ▲ +170.3%
2022 0.69x €6.14 Billion €4.25 Billion ▲ +95.5%
2021 0.35x €12.94 Billion €4.58 Billion ▼ -7.1%
2020 0.38x €9.92 Billion €3.78 Billion ▲ +11.8%
2019 0.34x €10.02 Billion €3.42 Billion ▲ +0.1%
2018 0.34x €8.29 Billion €2.83 Billion ▲ +17.4%
2017 0.29x €6.48 Billion €1.88 Billion ▼ -9.4%
2016 0.32x €4.35 Billion €1.39 Billion ▼ -56.8%
2015 0.74x €5.14 Billion €3.81 Billion ▼ -64.1%
2014 2.07x €2.14 Billion €4.42 Billion ▲ +640.4%
2013 0.28x €10.56 Billion €2.95 Billion
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow