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 net asset quality index of New Hope Dairy Co Ltd to measure how much of total assets are equity-financed.

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. Check New Hope Dairy Co Ltd (002946) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

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 New Hope Dairy Co Ltd market capitalisation.

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