Modern Avenue Group Co Ltd (002656) — Capital Reinvestment Ratio
Modern Avenue Group Co Ltd (002656) has a Capital Reinvestment Ratio of 0.09x as of September 2024, meaning it reinvests 0% of its operating cash flow (CN¥51.69 Million) in capital expenditures (CN¥4.79 Million). Check 002656 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
Modern Avenue Group Co Ltd Capital Reinvestment Ratio (2008–2024)
This chart tracks Modern Avenue Group Co Ltd's Capital Reinvestment Ratio across 13 annual periods. For the full cash flow conversion analysis, see how efficiently does Modern Avenue Group Co Ltd generate cash.
Annual Capital Reinvestment Ratio for Modern Avenue Group Co Ltd (2008–2024)
Year-by-year Capital Reinvestment Ratio for Modern Avenue Group Co Ltd from 2008 to 2024. See Modern Avenue Group Co Ltd 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 |
|---|---|---|---|---|
| 2024 | 0.91x | CN¥16.52 Million | CN¥15.05 Million | ▲ +45.8% |
| 2023 | 0.63x | CN¥31.26 Million | CN¥19.54 Million | ▼ -87.8% |
| 2022 | 5.11x | CN¥3.78 Million | CN¥19.34 Million | ▲ +13070.8% |
| 2021 | 0.04x | CN¥162.67 Million | CN¥6.31 Million | ▼ -95.7% |
| 2019 | 0.91x | CN¥38.25 Million | CN¥34.69 Million | ▲ +110.7% |
| 2017 | 0.43x | CN¥284.38 Million | CN¥122.41 Million | ▼ -94.5% |
| 2015 | 7.80x | CN¥43.41 Million | CN¥338.61 Million | ▲ +31.9% |
| 2014 | 5.91x | CN¥42.44 Million | CN¥250.99 Million | ▲ +14.1% |
| 2012 | 5.18x | CN¥32.94 Million | CN¥170.71 Million | ▲ +1386.1% |
| 2011 | 0.35x | CN¥108.78 Million | CN¥37.94 Million | ▼ -61.1% |
| 2010 | 0.90x | CN¥76.26 Million | CN¥68.38 Million | ▲ +130.3% |
| 2009 | 0.39x | CN¥48.33 Million | CN¥18.82 Million | ▼ -62.6% |
| 2008 | 1.04x | CN¥13.51 Million | CN¥14.06 Million | — |