Shan Dong Sun Paper Industry Joint Stock Co Ltd (002078) — Capital Reinvestment Ratio
Shan Dong Sun Paper Industry Joint Stock Co Ltd (002078) has a Capital Reinvestment Ratio of 1.52x as of September 2025, meaning it reinvests 2% of its operating cash flow (CN¥1.44 Billion) in capital expenditures (CN¥2.20 Billion). Check tangible equity quality of Shan Dong Sun Paper Industry Joint Stock to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Shan Dong Sun Paper Industry Joint Stock Co Ltd Capital Reinvestment Ratio (2003–2025)
This chart tracks Shan Dong Sun Paper Industry Joint Stock Co Ltd's Capital Reinvestment Ratio across 23 annual periods. For the full cash flow conversion analysis, see Shan Dong Sun Paper Industry Joint Stock operating cash flow efficiency.
Annual Capital Reinvestment Ratio for Shan Dong Sun Paper Industry Joint Stock Co Ltd (2003–2025)
Year-by-year Capital Reinvestment Ratio for Shan Dong Sun Paper Industry Joint Stock Co Ltd from 2003 to 2025. See Shan Dong Sun Paper Industry Joint Stock free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.60x | CN¥4.96 Billion | CN¥7.93 Billion | ▲ +143.6% |
| 2024 | 0.66x | CN¥8.50 Billion | CN¥5.58 Billion | ▼ -9.0% |
| 2023 | 0.72x | CN¥6.62 Billion | CN¥4.77 Billion | ▼ -41.5% |
| 2022 | 1.23x | CN¥3.82 Billion | CN¥4.71 Billion | ▼ -16.2% |
| 2021 | 1.47x | CN¥4.93 Billion | CN¥7.25 Billion | ▲ +54.2% |
| 2020 | 0.95x | CN¥6.62 Billion | CN¥6.31 Billion | ▲ +9.2% |
| 2019 | 0.87x | CN¥4.69 Billion | CN¥4.09 Billion | ▲ +28.8% |
| 2018 | 0.68x | CN¥4.48 Billion | CN¥3.04 Billion | ▼ -34.4% |
| 2017 | 1.03x | CN¥3.85 Billion | CN¥3.98 Billion | ▲ +73.8% |
| 2016 | 0.59x | CN¥2.82 Billion | CN¥1.67 Billion | ▼ -84.5% |
| 2015 | 3.83x | CN¥685.43 Million | CN¥2.63 Billion | ▲ +413.3% |
| 2014 | 0.75x | CN¥2.61 Billion | CN¥1.95 Billion | ▲ +13.6% |
| 2013 | 0.66x | CN¥1.44 Billion | CN¥944.18 Million | ▼ -26.2% |
| 2012 | 0.89x | CN¥1.39 Billion | CN¥1.24 Billion | ▼ -64.5% |
| 2011 | 2.51x | CN¥1.06 Billion | CN¥2.66 Billion | ▲ +51.2% |
| 2010 | 1.66x | CN¥1.26 Billion | CN¥2.09 Billion | ▼ -58.3% |
| 2009 | 3.97x | CN¥492.86 Million | CN¥1.96 Billion | ▲ +836.2% |
| 2008 | 0.42x | CN¥1.77 Billion | CN¥751.79 Million | ▼ -91.3% |
| 2007 | 4.87x | CN¥272.39 Million | CN¥1.33 Billion | ▲ +339.0% |
| 2006 | 1.11x | CN¥771.57 Million | CN¥856.71 Million | ▲ +4.2% |
| 2005 | 1.07x | CN¥630.90 Million | CN¥672.16 Million | ▼ -41.5% |
| 2004 | 1.82x | CN¥402.46 Million | CN¥733.53 Million | ▲ +13.1% |
| 2003 | 1.61x | CN¥385.50 Million | CN¥621.42 Million | — |