The9 Ltd ADR (NCTY) — Capital Reinvestment Ratio
The9 Ltd ADR (NCTY) has a Capital Reinvestment Ratio of 0.19x as of December 2014, meaning it reinvests 0% of its operating cash flow ($3.67 Million) in capital expenditures ($688.00K). Check The9 Ltd ADR (NCTY) tangible net worth to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
The9 Ltd ADR Capital Reinvestment Ratio (2002–2008)
This chart tracks The9 Ltd ADR's Capital Reinvestment Ratio across 7 annual periods. For the full cash flow conversion analysis, see NCTY cash flow conversion.
Annual Capital Reinvestment Ratio for The9 Ltd ADR (2002–2008)
Year-by-year Capital Reinvestment Ratio for The9 Ltd ADR from 2002 to 2008. See NCTY 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 (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2008 | 0.17x | $692.63 Million | $121.17 Million | ▼ -78.0% |
| 2007 | 0.80x | $617.48 Million | $490.99 Million | ▲ +281.7% |
| 2006 | 0.21x | $598.40 Million | $124.67 Million | ▼ -87.8% |
| 2005 | 1.71x | $148.96 Million | $254.39 Million | ▲ +194.1% |
| 2004 | 0.58x | $35.08 Million | $20.37 Million | ▲ +1603.0% |
| 2003 | 0.03x | $57.71 Million | $1.97 Million | ▼ -92.4% |
| 2002 | 0.45x | $3.39 Million | $1.52 Million | — |