Baiyang Aquatic Group Inc (002696) — Capital Reinvestment Ratio

Latest as of June 2024: 0.34x

Baiyang Aquatic Group Inc (002696) has a Capital Reinvestment Ratio of 0.34x as of June 2024, meaning it reinvests 0% of its operating cash flow (CN¥45.50 Million) in capital expenditures (CN¥15.61 Million). Check 002696 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.34x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥45.50 Million
CNY

Capital Expenditures

CN¥15.61 Million
CNY

Data as of

Jun 2024
Most recent filing

Baiyang Aquatic Group Inc Capital Reinvestment Ratio (2008–2023)

This chart tracks Baiyang Aquatic Group Inc's Capital Reinvestment Ratio across 14 annual periods. For the full cash flow conversion analysis, see Baiyang Aquatic Group Inc cash conversion from operations.

Annual Capital Reinvestment Ratio for Baiyang Aquatic Group Inc (2008–2023)

Year-by-year Capital Reinvestment Ratio for Baiyang Aquatic Group Inc from 2008 to 2023. See Baiyang Aquatic Group Inc (002696) 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
2023 0.36x CN¥242.52 Million CN¥87.79 Million ▼ -14.5%
2022 0.42x CN¥176.60 Million CN¥74.77 Million ▼ -77.5%
2020 1.88x CN¥34.73 Million CN¥65.26 Million ▲ +361.2%
2019 0.41x CN¥348.63 Million CN¥142.02 Million ▼ -54.8%
2018 0.90x CN¥91.96 Million CN¥82.94 Million ▲ +469.8%
2017 0.16x CN¥319.83 Million CN¥50.63 Million ▼ -87.3%
2016 1.25x CN¥78.42 Million CN¥98.14 Million ▲ +3.7%
2015 1.21x CN¥73.22 Million CN¥88.32 Million ▼ -34.9%
2013 1.85x CN¥100.31 Million CN¥185.86 Million ▲ +43.0%
2012 1.30x CN¥52.61 Million CN¥68.15 Million ▲ +93.6%
2011 0.67x CN¥99.34 Million CN¥66.48 Million ▼ -48.2%
2010 1.29x CN¥48.88 Million CN¥63.11 Million ▼ -50.0%
2009 2.58x CN¥10.80 Million CN¥27.91 Million ▲ +424.4%
2008 0.49x CN¥25.49 Million CN¥12.56 Million —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow