Changhae Ethanol Co. Ltd (004650) — Capital Reinvestment Ratio
Changhae Ethanol Co. Ltd (004650) has a Capital Reinvestment Ratio of 0.01x as of March 2026, meaning it reinvests 0% of its operating cash flow (₩14.74 Billion) in capital expenditures (₩104.14 Million). Check 004650 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
Changhae Ethanol Co. Ltd Capital Reinvestment Ratio (2014–2025)
This chart tracks Changhae Ethanol Co. Ltd's Capital Reinvestment Ratio across 12 annual periods. For the full cash flow conversion analysis, see Changhae Ethanol Co. Ltd cash flow conversion.
Annual Capital Reinvestment Ratio for Changhae Ethanol Co. Ltd (2014–2025)
Year-by-year Capital Reinvestment Ratio for Changhae Ethanol Co. Ltd from 2014 to 2025. See 004650 free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (KRW) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.28x | ₩20.34 Billion | ₩5.77 Billion | ▼ -11.3% |
| 2024 | 0.32x | ₩15.22 Billion | ₩4.87 Billion | ▼ -8.2% |
| 2023 | 0.35x | ₩8.19 Billion | ₩2.85 Billion | ▼ -33.2% |
| 2022 | 0.52x | ₩3.12 Billion | ₩1.63 Billion | ▲ +197.4% |
| 2021 | 0.18x | ₩12.77 Billion | ₩2.24 Billion | ▲ +3.5% |
| 2020 | 0.17x | ₩12.21 Billion | ₩2.07 Billion | ▼ -41.9% |
| 2019 | 0.29x | ₩24.89 Billion | ₩7.26 Billion | ▼ -64.4% |
| 2018 | 0.82x | ₩9.05 Billion | ₩7.43 Billion | ▼ -3.6% |
| 2017 | 0.85x | ₩26.00 Billion | ₩22.14 Billion | ▼ -98.7% |
| 2016 | 66.95x | ₩1.49 Billion | ₩100.09 Billion | ▲ +7611.9% |
| 2015 | 0.87x | ₩40.12 Billion | ₩34.83 Billion | ▲ +81.6% |
| 2014 | 0.48x | ₩31.01 Billion | ₩14.82 Billion | — |