Guangdong Piano Customized Furniture Co Ltd (002853) — Capital Reinvestment Ratio
Guangdong Piano Customized Furniture Co Ltd (002853) has a Capital Reinvestment Ratio of 0.73x as of September 2025, meaning it reinvests 1% of its operating cash flow (CN¥14.34 Million) in capital expenditures (CN¥10.49 Million). Check Guangdong Piano Customized Furniture Co (002853) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Guangdong Piano Customized Furniture Co Ltd Capital Reinvestment Ratio (2012–2023)
This chart tracks Guangdong Piano Customized Furniture Co Ltd's Capital Reinvestment Ratio across 11 annual periods. For the full cash flow conversion analysis, see Guangdong Piano Customized Furniture Co cash flow conversion.
Annual Capital Reinvestment Ratio for Guangdong Piano Customized Furniture Co Ltd (2012–2023)
Year-by-year Capital Reinvestment Ratio for Guangdong Piano Customized Furniture Co Ltd from 2012 to 2023. See cash generation quality of Guangdong Piano Customized Furniture Co to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2023 | 0.71x | CN¥197.18 Million | CN¥140.83 Million | ▼ -21.5% |
| 2022 | 0.91x | CN¥173.99 Million | CN¥158.32 Million | ▲ +110.5% |
| 2020 | 0.43x | CN¥218.27 Million | CN¥94.34 Million | ▼ -74.2% |
| 2019 | 1.67x | CN¥100.66 Million | CN¥168.60 Million | ▼ -89.0% |
| 2018 | 15.24x | CN¥10.35 Million | CN¥157.73 Million | ▲ +1977.2% |
| 2017 | 0.73x | CN¥89.93 Million | CN¥65.99 Million | ▲ +162.5% |
| 2016 | 0.28x | CN¥98.59 Million | CN¥27.56 Million | ▼ -7.8% |
| 2015 | 0.30x | CN¥128.44 Million | CN¥38.94 Million | ▼ -74.6% |
| 2014 | 1.19x | CN¥37.85 Million | CN¥45.19 Million | ▲ +53.3% |
| 2013 | 0.78x | CN¥96.16 Million | CN¥74.88 Million | ▲ +15.6% |
| 2012 | 0.67x | CN¥67.06 Million | CN¥45.19 Million | — |