Nine Dragons Paper (Holdings) Limited (N3Y) — Capital Reinvestment Ratio
Nine Dragons Paper (Holdings) Limited (N3Y) has a Capital Reinvestment Ratio of 2.56x as of June 2023, meaning it reinvests 3% of its operating cash flow (€2.10 Billion) in capital expenditures (€5.39 Billion). Check N3Y intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Nine Dragons Paper (Holdings) Limited Capital Reinvestment Ratio (2014–2023)
This chart tracks Nine Dragons Paper (Holdings) Limited's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see Nine Dragons Paper (Holdings) Limited (N3Y) cash conversion ratio.
Annual Capital Reinvestment Ratio for Nine Dragons Paper (Holdings) Limited (2014–2023)
Year-by-year Capital Reinvestment Ratio for Nine Dragons Paper (Holdings) Limited from 2014 to 2023. See N3Y free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2023 | 2.56x | €6.92 Billion | €17.70 Billion | ▼ -38.6% |
| 2022 | 4.16x | €3.03 Billion | €12.62 Billion | ▲ +73.0% |
| 2021 | 2.41x | €2.52 Billion | €6.06 Billion | ▲ +349.5% |
| 2020 | 0.54x | €8.95 Billion | €4.79 Billion | ▼ -20.2% |
| 2019 | 0.67x | €8.94 Billion | €6.00 Billion | ▼ -11.7% |
| 2018 | 0.76x | €8.40 Billion | €6.39 Billion | ▼ -26.1% |
| 2017 | 1.03x | €3.51 Billion | €3.62 Billion | ▲ +261.7% |
| 2016 | 0.28x | €6.46 Billion | €1.84 Billion | ▼ -6.4% |
| 2015 | 0.30x | €5.61 Billion | €1.70 Billion | ▼ -58.9% |
| 2014 | 0.74x | €3.48 Billion | €2.57 Billion | — |