Qingdao Sentury Tire Co Ltd (002984) — Capital Reinvestment Ratio

Latest as of September 2025: 0.23x

Qingdao Sentury Tire Co Ltd (002984) has a Capital Reinvestment Ratio of 0.23x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥188.69 Million) in capital expenditures (CN¥42.78 Million). Check tangible net worth ratio of Qingdao Sentury Tire Co Ltd to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.23x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥188.69 Million
CNY

Capital Expenditures

CN¥42.78 Million
CNY

Data as of

Sep 2025
Most recent filing

Qingdao Sentury Tire Co Ltd Capital Reinvestment Ratio (2015–2024)

This chart tracks Qingdao Sentury Tire Co Ltd's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see 002984 cash flow conversion.

Annual Capital Reinvestment Ratio for Qingdao Sentury Tire Co Ltd (2015–2024)

Year-by-year Capital Reinvestment Ratio for Qingdao Sentury Tire Co Ltd from 2015 to 2024. See Qingdao Sentury Tire Co Ltd free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2024 1.26x CN¥1.96 Billion CN¥2.46 Billion ▲ +160.5%
2023 0.48x CN¥2.37 Billion CN¥1.14 Billion ▼ -52.9%
2022 1.02x CN¥1.03 Billion CN¥1.05 Billion ▼ -42.0%
2021 1.76x CN¥831.52 Million CN¥1.47 Billion ▲ +217.2%
2020 0.56x CN¥1.68 Billion CN¥935.17 Million ▲ +83.6%
2019 0.30x CN¥1.59 Billion CN¥483.04 Million ▼ -47.9%
2018 0.58x CN¥577.65 Million CN¥336.23 Million ▼ -18.2%
2017 0.71x CN¥618.64 Million CN¥440.43 Million ▼ -63.8%
2016 1.97x CN¥519.14 Million CN¥1.02 Billion ▼ -94.9%
2015 38.51x CN¥36.36 Million CN¥1.40 Billion
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow