Jiangsu Changbao Steeltube Co Ltd (002478) — Capital Reinvestment Ratio

Latest as of September 2025: 0.10x

Jiangsu Changbao Steeltube Co Ltd (002478) has a Capital Reinvestment Ratio of 0.10x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥186.84 Million) in capital expenditures (CN¥18.94 Million). Check how tangible is Jiangsu Changbao Steeltube Co Ltd's equity to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.10x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥186.84 Million
CNY

Capital Expenditures

CN¥18.94 Million
CNY

Data as of

Sep 2025
Most recent filing

Jiangsu Changbao Steeltube Co Ltd Capital Reinvestment Ratio (2007–2025)

This chart tracks Jiangsu Changbao Steeltube Co Ltd's Capital Reinvestment Ratio across 16 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Jiangsu Changbao Steeltube Co Ltd.

Annual Capital Reinvestment Ratio for Jiangsu Changbao Steeltube Co Ltd (2007–2025)

Year-by-year Capital Reinvestment Ratio for Jiangsu Changbao Steeltube Co Ltd from 2007 to 2025. See 002478 free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2025 0.32x CN¥634.64 Million CN¥205.48 Million ▲ +10.0%
2024 0.29x CN¥857.32 Million CN¥252.35 Million ▼ -26.5%
2023 0.40x CN¥489.61 Million CN¥196.15 Million ▲ +260.5%
2022 0.11x CN¥783.20 Million CN¥87.05 Million ▼ -80.7%
2020 0.58x CN¥671.47 Million CN¥386.50 Million ▲ +1.5%
2019 0.57x CN¥669.18 Million CN¥379.56 Million ▲ +110.6%
2018 0.27x CN¥686.33 Million CN¥184.85 Million ▲ +118.7%
2017 0.12x CN¥574.12 Million CN¥70.70 Million ▼ -30.9%
2016 0.18x CN¥150.68 Million CN¥26.87 Million ▼ -20.8%
2015 0.23x CN¥376.91 Million CN¥84.83 Million ▲ +63.8%
2014 0.14x CN¥918.35 Million CN¥126.22 Million ▼ -89.5%
2013 1.31x CN¥219.43 Million CN¥288.44 Million ▼ -26.7%
2012 1.79x CN¥162.44 Million CN¥291.12 Million ▲ +528.1%
2010 0.29x CN¥284.21 Million CN¥81.09 Million ▲ +7.6%
2008 0.27x CN¥786.40 Million CN¥208.55 Million ▼ -32.1%
2007 0.39x CN¥254.72 Million CN¥99.47 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow