Zhuzhou CRRC Times Electric Co. Ltd (ZTX) — Capital Reinvestment Ratio

Latest as of December 2023: 0.48x

Zhuzhou CRRC Times Electric Co. Ltd (ZTX) has a Capital Reinvestment Ratio of 0.48x as of December 2023, meaning it reinvests 0% of its operating cash flow (€3.02 Billion) in capital expenditures (€1.45 Billion). Check how tangible is Zhuzhou CRRC Times Electric Co. Ltd's equity to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.48x
Capex / Operating Cash Flow

Operating Cash Flow

€3.02 Billion
EUR

Capital Expenditures

€1.45 Billion
EUR

Data as of

Dec 2023
Most recent filing

Zhuzhou CRRC Times Electric Co. Ltd Capital Reinvestment Ratio (2013–2024)

This chart tracks Zhuzhou CRRC Times Electric Co. Ltd's Capital Reinvestment Ratio across 12 annual periods. For the full cash flow conversion analysis, see how efficiently does Zhuzhou CRRC Times Electric Co. Ltd generate cash.

Annual Capital Reinvestment Ratio for Zhuzhou CRRC Times Electric Co. Ltd (2013–2024)

Year-by-year Capital Reinvestment Ratio for Zhuzhou CRRC Times Electric Co. Ltd from 2013 to 2024. See free cash flow generation of Zhuzhou CRRC Times Electric Co. Ltd to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (EUR) Capital Expenditures YoY Change
2024 1.03x €3.36 Billion €3.45 Billion ▼ -25.0%
2023 1.37x €1.44 Billion €1.97 Billion ▲ +192.9%
2022 0.47x €2.04 Billion €953.44 Million ▲ +3.1%
2021 0.45x €2.15 Billion €974.00 Million ▼ -57.3%
2020 1.06x €1.75 Billion €1.86 Billion ▲ +185.1%
2019 0.37x €2.02 Billion €750.51 Million ▲ +108.5%
2018 0.18x €3.76 Billion €671.42 Million ▼ -39.5%
2017 0.30x €1.47 Billion €433.76 Million ▼ -70.1%
2016 0.99x €1.45 Billion €1.43 Billion ▲ +397.2%
2015 0.20x €1.43 Billion €284.36 Million ▲ +20.7%
2014 0.16x €2.06 Billion €338.17 Million ▼ -60.0%
2013 0.41x €725.99 Million €298.17 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow