New Hope Dairy Co Ltd (002946) — Capital Reinvestment Ratio
Latest as of September 2025:
0.38x
New Hope Dairy Co Ltd (002946) has a Capital Reinvestment Ratio of 0.38x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥423.16 Million) in capital expenditures (CN¥159.69 Million). See 002946 cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.38x
Capex / Operating Cash Flow
Operating Cash Flow
CN¥423.16 Million
CNY
Capital Expenditures
CN¥159.69 Million
CNY
Data as of
Sep 2025
Most recent filing
New Hope Dairy Co Ltd Capital Reinvestment Ratio (2014–2024)
This chart tracks New Hope Dairy Co Ltd's Capital Reinvestment Ratio across 11 annual periods.
Annual Capital Reinvestment Ratio for New Hope Dairy Co Ltd (2014–2024)
Year-by-year Capital Reinvestment Ratio for New Hope Dairy Co Ltd from 2014 to 2024. For live market cap and broader valuation context, see 002946 market cap overview.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.45x | CN¥1.49 Billion | CN¥665.82 Million | ▼ -10.4% |
| 2023 | 0.50x | CN¥1.56 Billion | CN¥775.60 Million | ▼ -29.7% |
| 2022 | 0.71x | CN¥1.03 Billion | CN¥732.33 Million | ▲ +5.5% |
| 2021 | 0.67x | CN¥1.04 Billion | CN¥695.28 Million | ▼ -23.8% |
| 2020 | 0.88x | CN¥719.44 Million | CN¥634.44 Million | ▼ -6.9% |
| 2019 | 0.95x | CN¥635.01 Million | CN¥601.66 Million | ▲ +0.7% |
| 2018 | 0.94x | CN¥437.26 Million | CN¥411.47 Million | ▼ -27.8% |
| 2017 | 1.30x | CN¥459.08 Million | CN¥598.45 Million | ▲ +8.6% |
| 2016 | 1.20x | CN¥456.50 Million | CN¥547.85 Million | ▼ -27.2% |
| 2015 | 1.65x | CN¥454.68 Million | CN¥749.90 Million | ▼ -6.3% |
| 2014 | 1.76x | CN¥351.59 Million | CN¥618.62 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow