Millennium Group International Holdings Limited Ordinary Shares (MGIH) — Capital Reinvestment Ratio
Millennium Group International Holdings Limited Ordinary Shares (MGIH) has a Capital Reinvestment Ratio of 0.02x as of December 2022, meaning it reinvests 0% of its operating cash flow ($9.84 Million) in capital expenditures ($170.04K). Check Millennium Group International Holdings tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Millennium Group International Holdings Limited Ordinary Shares Capital Reinvestment Ratio (2020–2023)
This chart tracks Millennium Group International Holdings Limited Ordinary Shares's Capital Reinvestment Ratio across 4 annual periods. For the full cash flow conversion analysis, see MGIH cash generation efficiency.
Annual Capital Reinvestment Ratio for Millennium Group International Holdings Limited Ordinary Shares (2020–2023)
Year-by-year Capital Reinvestment Ratio for Millennium Group International Holdings Limited Ordinary Shares from 2020 to 2023. See how much free cash does Millennium Group International Holdings generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2023 | 0.03x | $8.11 Million | $216.52K | ▼ -89.9% |
| 2022 | 0.27x | $2.04 Million | $540.59K | ▲ +15.4% |
| 2021 | 0.23x | $5.34 Million | $1.23 Million | ▼ -60.3% |
| 2020 | 0.58x | $4.49 Million | $2.60 Million | — |