Guizhou Taiyong Changzheng Technology Co Ltd Class A (002927) — Capital Reinvestment Ratio

Latest as of September 2024: 0.23x

Guizhou Taiyong Changzheng Technology Co Ltd Class A (002927) has a Capital Reinvestment Ratio of 0.23x as of September 2024, meaning it reinvests 0% of its operating cash flow (CN¥15.20 Million) in capital expenditures (CN¥3.47 Million). Check tangible net worth ratio of Guizhou Taiyong Changzheng Technology Co to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.23x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥15.20 Million
CNY

Capital Expenditures

CN¥3.47 Million
CNY

Data as of

Sep 2024
Most recent filing

Guizhou Taiyong Changzheng Technology Co Ltd Class A Capital Reinvestment Ratio (2014–2024)

This chart tracks Guizhou Taiyong Changzheng Technology Co Ltd Class A's Capital Reinvestment Ratio across 11 annual periods. For the full cash flow conversion analysis, see Guizhou Taiyong Changzheng Technology Co cash flow conversion.

Annual Capital Reinvestment Ratio for Guizhou Taiyong Changzheng Technology Co Ltd Class A (2014–2024)

Year-by-year Capital Reinvestment Ratio for Guizhou Taiyong Changzheng Technology Co Ltd Class A from 2014 to 2024. See 002927 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
2024 0.34x CN¥132.62 Million CN¥44.70 Million ▼ -3.3%
2023 0.35x CN¥116.73 Million CN¥40.69 Million ▼ -54.8%
2022 0.77x CN¥66.26 Million CN¥51.13 Million ▲ +24.0%
2021 0.62x CN¥52.32 Million CN¥32.55 Million ▼ -70.0%
2020 2.07x CN¥27.11 Million CN¥56.15 Million ▲ +319.4%
2019 0.49x CN¥49.34 Million CN¥24.36 Million ▼ -83.2%
2018 2.94x CN¥6.27 Million CN¥18.42 Million ▲ +190.3%
2017 1.01x CN¥9.13 Million CN¥9.25 Million ▲ +150.8%
2016 0.40x CN¥35.66 Million CN¥14.40 Million ▼ -59.2%
2015 0.99x CN¥8.99 Million CN¥8.89 Million ▲ +99.8%
2014 0.49x CN¥13.79 Million CN¥6.82 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow