Zhejiang Satellite Petrochemical Co Ltd (002648) — Capital Reinvestment Ratio
Zhejiang Satellite Petrochemical Co Ltd (002648) has a Capital Reinvestment Ratio of 0.55x as of December 2025, meaning it reinvests 1% of its operating cash flow (CN¥3.25 Billion) in capital expenditures (CN¥1.79 Billion). Check Zhejiang Satellite Petrochemical Co Ltd (002648) tangible net worth to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Zhejiang Satellite Petrochemical Co Ltd Capital Reinvestment Ratio (2008–2025)
This chart tracks Zhejiang Satellite Petrochemical Co Ltd's Capital Reinvestment Ratio across 15 annual periods. For the full cash flow conversion analysis, see 002648 operating cash flow.
Annual Capital Reinvestment Ratio for Zhejiang Satellite Petrochemical Co Ltd (2008–2025)
Year-by-year Capital Reinvestment Ratio for Zhejiang Satellite Petrochemical Co Ltd from 2008 to 2025. See Zhejiang Satellite Petrochemical Co Ltd (002648) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.26x | CN¥10.13 Billion | CN¥2.66 Billion | ▼ -11.5% |
| 2024 | 0.30x | CN¥10.59 Billion | CN¥3.14 Billion | ▼ -1.5% |
| 2023 | 0.30x | CN¥8.00 Billion | CN¥2.41 Billion | ▼ -28.9% |
| 2022 | 0.42x | CN¥5.89 Billion | CN¥2.49 Billion | ▼ -61.8% |
| 2021 | 1.11x | CN¥3.67 Billion | CN¥4.06 Billion | ▼ -41.4% |
| 2019 | 1.89x | CN¥1.35 Billion | CN¥2.56 Billion | ▲ +21.7% |
| 2018 | 1.55x | CN¥751.97 Million | CN¥1.17 Billion | ▲ +66.6% |
| 2017 | 0.93x | CN¥566.25 Million | CN¥527.72 Million | ▲ +129.1% |
| 2016 | 0.41x | CN¥742.13 Million | CN¥301.94 Million | ▲ +197.4% |
| 2015 | 0.14x | CN¥1.25 Billion | CN¥171.36 Million | ▼ -99.1% |
| 2013 | 14.41x | CN¥123.52 Million | CN¥1.78 Billion | ▲ +1125.7% |
| 2012 | 1.18x | CN¥705.37 Million | CN¥829.31 Million | ▲ +22.0% |
| 2010 | 0.96x | CN¥165.41 Million | CN¥159.38 Million | ▼ -41.7% |
| 2009 | 1.65x | CN¥56.37 Million | CN¥93.24 Million | ▲ +1110.2% |
| 2008 | 0.14x | CN¥157.25 Million | CN¥21.49 Million | — |