Shenzhen Topraysolar Co Ltd (002218) — Capital Reinvestment Ratio
Shenzhen Topraysolar Co Ltd (002218) has a Capital Reinvestment Ratio of 0.14x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥364.15 Million) in capital expenditures (CN¥51.15 Million). Check 002218 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Shenzhen Topraysolar Co Ltd Capital Reinvestment Ratio (2004–2024)
This chart tracks Shenzhen Topraysolar Co Ltd's Capital Reinvestment Ratio across 18 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Shenzhen Topraysolar Co Ltd.
Annual Capital Reinvestment Ratio for Shenzhen Topraysolar Co Ltd (2004–2024)
Year-by-year Capital Reinvestment Ratio for Shenzhen Topraysolar Co Ltd from 2004 to 2024. See Shenzhen Topraysolar Co Ltd free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 1.71x | CN¥164.56 Million | CN¥281.35 Million | ▼ -44.1% |
| 2023 | 3.06x | CN¥83.71 Million | CN¥256.11 Million | ▲ +775.8% |
| 2022 | 0.35x | CN¥479.53 Million | CN¥167.51 Million | ▼ -72.8% |
| 2021 | 1.28x | CN¥159.42 Million | CN¥204.53 Million | ▲ +157.1% |
| 2020 | 0.50x | CN¥394.23 Million | CN¥196.73 Million | ▼ -7.2% |
| 2019 | 0.54x | CN¥327.17 Million | CN¥175.92 Million | ▼ -90.5% |
| 2018 | 5.64x | CN¥67.92 Million | CN¥383.38 Million | ▼ -0.5% |
| 2017 | 5.67x | CN¥45.48 Million | CN¥258.09 Million | ▼ -35.2% |
| 2016 | 8.76x | CN¥32.78 Million | CN¥287.10 Million | ▼ -51.7% |
| 2015 | 18.14x | CN¥38.06 Million | CN¥690.53 Million | ▲ +2246.6% |
| 2014 | 0.77x | CN¥142.69 Million | CN¥110.33 Million | ▼ -89.6% |
| 2010 | 7.43x | CN¥44.91 Million | CN¥333.52 Million | ▲ +79.7% |
| 2009 | 4.13x | CN¥63.00 Million | CN¥260.35 Million | ▼ -67.3% |
| 2008 | 12.63x | CN¥19.85 Million | CN¥250.80 Million | ▲ +2693.9% |
| 2007 | 0.45x | CN¥53.35 Million | CN¥24.12 Million | ▼ -41.4% |
| 2006 | 0.77x | CN¥33.51 Million | CN¥25.86 Million | ▲ +261.0% |
| 2005 | 0.21x | CN¥40.56 Million | CN¥8.67 Million | ▼ -43.7% |
| 2004 | 0.38x | CN¥9.22 Million | CN¥3.50 Million | — |