Hes Technology Group (002963) — Capital Reinvestment Ratio
Latest as of September 2025:
0.01x
Hes Technology Group (002963) has a Capital Reinvestment Ratio of 0.01x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥68.47 Million) in capital expenditures (CN¥515.20K). See how much free cash does Hes Technology Group generate to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.01x
Capex / Operating Cash Flow
Operating Cash Flow
CN¥68.47 Million
CNY
Capital Expenditures
CN¥515.20K
CNY
Data as of
Sep 2025
Most recent filing
Hes Technology Group Capital Reinvestment Ratio (2015–2025)
This chart tracks Hes Technology Group's Capital Reinvestment Ratio across 7 annual periods.
Annual Capital Reinvestment Ratio for Hes Technology Group (2015–2025)
Year-by-year Capital Reinvestment Ratio for Hes Technology Group from 2015 to 2025. For live market cap and broader valuation context, see market value of Hes Technology Group.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.79x | CN¥102.90 Million | CN¥80.84 Million | ▲ +119.2% |
| 2023 | 0.36x | CN¥139.10 Million | CN¥49.87 Million | ▲ +28.5% |
| 2021 | 0.28x | CN¥66.41 Million | CN¥18.53 Million | ▲ +2015.1% |
| 2019 | 0.01x | CN¥107.73 Million | CN¥1.42 Million | ▼ -72.4% |
| 2018 | 0.05x | CN¥48.65 Million | CN¥2.32 Million | ▼ -38.2% |
| 2017 | 0.08x | CN¥15.45 Million | CN¥1.19 Million | ▼ -9.9% |
| 2015 | 0.09x | CN¥16.22 Million | CN¥1.39 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow