Shandong Oriental Ocean Sci-Tech Co Ltd (002086) — Capital Reinvestment Ratio

Latest as of December 2023: 0.39x

Shandong Oriental Ocean Sci-Tech Co Ltd (002086) has a Capital Reinvestment Ratio of 0.39x as of December 2023, meaning it reinvests 0% of its operating cash flow (CN¥26.61 Million) in capital expenditures (CN¥10.50 Million). Check 002086 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.39x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥26.61 Million
CNY

Capital Expenditures

CN¥10.50 Million
CNY

Data as of

Dec 2023
Most recent filing

Shandong Oriental Ocean Sci-Tech Co Ltd Capital Reinvestment Ratio (2004–2021)

This chart tracks Shandong Oriental Ocean Sci-Tech Co Ltd's Capital Reinvestment Ratio across 14 annual periods. For the full cash flow conversion analysis, see 002086 operating cash flow.

Annual Capital Reinvestment Ratio for Shandong Oriental Ocean Sci-Tech Co Ltd (2004–2021)

Year-by-year Capital Reinvestment Ratio for Shandong Oriental Ocean Sci-Tech Co Ltd from 2004 to 2021. See Shandong Oriental Ocean Sci-Tech Co Ltd (002086) free cash flow to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2021 0.76x CN¥29.41 Million CN¥22.42 Million ▲ +367.3%
2020 0.16x CN¥256.01 Million CN¥41.77 Million ▼ -93.2%
2019 2.40x CN¥13.49 Million CN¥32.33 Million ▼ -57.0%
2017 5.57x CN¥59.55 Million CN¥331.66 Million ▲ +323.7%
2016 1.31x CN¥117.44 Million CN¥154.40 Million ▲ +61.6%
2015 0.81x CN¥79.65 Million CN¥64.79 Million ▼ -75.2%
2013 3.28x CN¥35.18 Million CN¥115.51 Million ▲ +106.5%
2012 1.59x CN¥116.26 Million CN¥184.90 Million ▼ -57.4%
2011 3.73x CN¥42.55 Million CN¥158.92 Million ▼ -48.5%
2010 7.26x CN¥22.87 Million CN¥165.97 Million ▲ +126.3%
2009 3.21x CN¥95.55 Million CN¥306.35 Million ▲ +11.0%
2006 2.89x CN¥44.14 Million CN¥127.52 Million ▲ +49.3%
2005 1.94x CN¥29.00 Million CN¥56.13 Million ▲ +158.3%
2004 0.75x CN¥27.33 Million CN¥20.48 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow