Jiangxi Black Cat Carbon Black (002068) — Capital Reinvestment Ratio
Jiangxi Black Cat Carbon Black (002068) has a Capital Reinvestment Ratio of 0.21x as of June 2025, meaning it reinvests 0% of its operating cash flow (CN¥245.56 Million) in capital expenditures (CN¥51.80 Million). Check 002068 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Jiangxi Black Cat Carbon Black Capital Reinvestment Ratio (2004–2025)
This chart tracks Jiangxi Black Cat Carbon Black's Capital Reinvestment Ratio across 15 annual periods. For the full cash flow conversion analysis, see Jiangxi Black Cat Carbon Black cash flow conversion.
Annual Capital Reinvestment Ratio for Jiangxi Black Cat Carbon Black (2004–2025)
Year-by-year Capital Reinvestment Ratio for Jiangxi Black Cat Carbon Black from 2004 to 2025. See how much free cash does Jiangxi Black Cat Carbon Black generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 13.58x | CN¥17.51 Million | CN¥237.79 Million | ▲ +1529.5% |
| 2023 | 0.83x | CN¥495.85 Million | CN¥413.36 Million | ▼ -9.5% |
| 2021 | 0.92x | CN¥196.09 Million | CN¥180.67 Million | ▲ +228.1% |
| 2019 | 0.28x | CN¥502.48 Million | CN¥141.13 Million | ▲ +36.6% |
| 2018 | 0.21x | CN¥987.35 Million | CN¥203.00 Million | ▼ -76.0% |
| 2017 | 0.86x | CN¥107.87 Million | CN¥92.28 Million | ▲ +341.0% |
| 2016 | 0.19x | CN¥489.79 Million | CN¥95.01 Million | ▼ -48.9% |
| 2014 | 0.38x | CN¥1.49 Billion | CN¥565.49 Million | ▼ -89.0% |
| 2012 | 3.45x | CN¥188.97 Million | CN¥651.33 Million | ▼ -59.4% |
| 2011 | 8.49x | CN¥60.60 Million | CN¥514.68 Million | ▲ +416.2% |
| 2010 | 1.65x | CN¥213.73 Million | CN¥351.64 Million | ▲ +115.8% |
| 2008 | 0.76x | CN¥429.11 Million | CN¥327.09 Million | ▼ -87.5% |
| 2006 | 6.09x | CN¥12.52 Million | CN¥76.22 Million | ▲ +1421.0% |
| 2005 | 0.40x | CN¥160.30 Million | CN¥64.19 Million | ▼ -71.8% |
| 2004 | 1.42x | CN¥55.09 Million | CN¥78.18 Million | — |