Shenzhen MeiG Smart Technology Co Ltd (002881) — Capital Reinvestment Ratio

Latest as of September 2025: 0.08x

Shenzhen MeiG Smart Technology Co Ltd (002881) has a Capital Reinvestment Ratio of 0.08x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥125.31 Million) in capital expenditures (CN¥9.74 Million). Check tangible equity quality of Shenzhen MeiG Smart Technology Co Ltd to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.08x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥125.31 Million
CNY

Capital Expenditures

CN¥9.74 Million
CNY

Data as of

Sep 2025
Most recent filing

Shenzhen MeiG Smart Technology Co Ltd Capital Reinvestment Ratio (2013–2022)

This chart tracks Shenzhen MeiG Smart Technology Co Ltd's Capital Reinvestment Ratio across 8 annual periods. For the full cash flow conversion analysis, see Shenzhen MeiG Smart Technology Co Ltd (002881) cash conversion ratio.

Annual Capital Reinvestment Ratio for Shenzhen MeiG Smart Technology Co Ltd (2013–2022)

Year-by-year Capital Reinvestment Ratio for Shenzhen MeiG Smart Technology Co Ltd from 2013 to 2022. See 002881 cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2022 1.93x CN¥31.82 Million CN¥61.51 Million ▲ +1267.3%
2020 0.14x CN¥68.45 Million CN¥9.68 Million ▼ -88.2%
2019 1.19x CN¥30.85 Million CN¥36.84 Million ▲ +406.8%
2018 0.24x CN¥36.70 Million CN¥8.65 Million ▼ -91.9%
2016 2.90x CN¥3.40 Million CN¥9.85 Million ▼ -65.7%
2015 8.46x CN¥1.58 Million CN¥13.33 Million ▲ +285.4%
2014 2.20x CN¥11.82 Million CN¥25.96 Million ▼ -39.2%
2013 3.61x CN¥38.96 Million CN¥140.80 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow