Avary Holding Shenzhen Co Ltd Class A (002938) — Capital Reinvestment Ratio
Avary Holding Shenzhen Co Ltd Class A (002938) has a Capital Reinvestment Ratio of 1.00x as of June 2025, meaning it reinvests 1% of its operating cash flow (CN¥1.77 Billion) in capital expenditures (CN¥1.78 Billion). Check 002938 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Avary Holding Shenzhen Co Ltd Class A Capital Reinvestment Ratio (2014–2025)
This chart tracks Avary Holding Shenzhen Co Ltd Class A's Capital Reinvestment Ratio across 12 annual periods. For the full cash flow conversion analysis, see Avary Holding Shenzhen Co Ltd Class A cash flow conversion.
Annual Capital Reinvestment Ratio for Avary Holding Shenzhen Co Ltd Class A (2014–2025)
Year-by-year Capital Reinvestment Ratio for Avary Holding Shenzhen Co Ltd Class A from 2014 to 2025. See Avary Holding Shenzhen Co Ltd Class A 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 |
|---|---|---|---|---|
| 2025 | 0.91x | CN¥7.29 Billion | CN¥6.63 Billion | ▲ +126.5% |
| 2024 | 0.40x | CN¥7.08 Billion | CN¥2.84 Billion | ▼ -8.9% |
| 2023 | 0.44x | CN¥7.97 Billion | CN¥3.51 Billion | ▲ +11.2% |
| 2022 | 0.40x | CN¥10.96 Billion | CN¥4.34 Billion | ▼ -75.6% |
| 2021 | 1.62x | CN¥4.30 Billion | CN¥6.97 Billion | ▲ +54.1% |
| 2020 | 1.05x | CN¥5.18 Billion | CN¥5.45 Billion | ▲ +13.9% |
| 2019 | 0.92x | CN¥4.16 Billion | CN¥3.85 Billion | ▲ +42.1% |
| 2018 | 0.65x | CN¥6.21 Billion | CN¥4.04 Billion | ▼ -67.1% |
| 2017 | 1.98x | CN¥1.67 Billion | CN¥3.31 Billion | ▲ +68.8% |
| 2016 | 1.17x | CN¥1.72 Billion | CN¥2.01 Billion | ▲ +98.9% |
| 2015 | 0.59x | CN¥2.92 Billion | CN¥1.72 Billion | ▲ +52.3% |
| 2014 | 0.39x | CN¥3.41 Billion | CN¥1.32 Billion | — |