Shenzhen Kaifa Technology Co Ltd (000021) — Capital Reinvestment Ratio
Shenzhen Kaifa Technology Co Ltd (000021) has a Capital Reinvestment Ratio of 0.51x as of September 2025, meaning it reinvests 1% of its operating cash flow (CN¥638.44 Million) in capital expenditures (CN¥326.76 Million). See 000021 free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Shenzhen Kaifa Technology Co Ltd Capital Reinvestment Ratio (1998–2025)
This chart tracks Shenzhen Kaifa Technology Co Ltd's Capital Reinvestment Ratio across 24 annual periods.
Annual Capital Reinvestment Ratio for Shenzhen Kaifa Technology Co Ltd (1998–2025)
Year-by-year Capital Reinvestment Ratio for Shenzhen Kaifa Technology Co Ltd from 1998 to 2025. For live market cap and broader valuation context, see 000021 stock market capitalisation.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.69x | CN¥1.76 Billion | CN¥1.22 Billion | ▲ +17.3% |
| 2024 | 0.59x | CN¥2.43 Billion | CN¥1.43 Billion | ▲ +8.6% |
| 2023 | 0.54x | CN¥2.00 Billion | CN¥1.09 Billion | ▼ -74.2% |
| 2022 | 2.10x | CN¥895.70 Million | CN¥1.88 Billion | ▼ -35.5% |
| 2021 | 3.26x | CN¥867.61 Million | CN¥2.83 Billion | ▲ +424.4% |
| 2020 | 0.62x | CN¥3.12 Billion | CN¥1.94 Billion | ▼ -66.3% |
| 2018 | 1.84x | CN¥420.77 Million | CN¥776.01 Million | ▲ +9.3% |
| 2017 | 1.69x | CN¥719.67 Million | CN¥1.21 Billion | ▼ -41.1% |
| 2016 | 2.86x | CN¥356.54 Million | CN¥1.02 Billion | ▲ +84.8% |
| 2015 | 1.55x | CN¥490.46 Million | CN¥760.14 Million | ▲ +171.7% |
| 2013 | 0.57x | CN¥448.85 Million | CN¥256.08 Million | ▼ -43.6% |
| 2012 | 1.01x | CN¥287.85 Million | CN¥291.02 Million | ▼ -35.0% |
| 2011 | 1.55x | CN¥170.08 Million | CN¥264.39 Million | ▼ -55.6% |
| 2010 | 3.50x | CN¥114.43 Million | CN¥400.74 Million | ▲ +790.3% |
| 2009 | 0.39x | CN¥493.69 Million | CN¥194.20 Million | ▼ -36.2% |
| 2008 | 0.62x | CN¥338.52 Million | CN¥208.73 Million | ▲ +173.1% |
| 2006 | 0.23x | CN¥712.39 Million | CN¥160.82 Million | ▼ -35.5% |
| 2005 | 0.35x | CN¥176.07 Million | CN¥61.60 Million | ▲ +697.2% |
| 2004 | 0.04x | CN¥571.80 Million | CN¥25.09 Million | ▼ -0.7% |
| 2003 | 0.04x | CN¥846.69 Million | CN¥37.41 Million | ▼ -67.4% |
| 2002 | 0.14x | CN¥255.04 Million | CN¥34.55 Million | ▼ -86.6% |
| 2001 | 1.01x | CN¥204.96 Million | CN¥206.89 Million | ▲ +146.1% |
| 1999 | 0.41x | CN¥496.29 Million | CN¥203.53 Million | ▼ -64.9% |
| 1998 | 1.17x | CN¥331.24 Million | CN¥387.55 Million | — |