Guangdong Tianhe Agricultural Means (002999) — Capital Reinvestment Ratio
Guangdong Tianhe Agricultural Means (002999) has a Capital Reinvestment Ratio of 0.03x as of December 2024, meaning it reinvests 0% of its operating cash flow (CN¥1.08 Billion) in capital expenditures (CN¥32.71 Million). Check how tangible is Guangdong Tianhe Agricultural Means's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Guangdong Tianhe Agricultural Means Capital Reinvestment Ratio (2013–2025)
This chart tracks Guangdong Tianhe Agricultural Means's Capital Reinvestment Ratio across 8 annual periods. For the full cash flow conversion analysis, see Guangdong Tianhe Agricultural Means (002999) cash flow conversion.
Annual Capital Reinvestment Ratio for Guangdong Tianhe Agricultural Means (2013–2025)
Year-by-year Capital Reinvestment Ratio for Guangdong Tianhe Agricultural Means from 2013 to 2025. See Guangdong Tianhe Agricultural Means (002999) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.45x | CN¥309.49 Million | CN¥138.64 Million | ▼ -68.5% |
| 2022 | 1.42x | CN¥213.16 Million | CN¥302.83 Million | ▲ +215.3% |
| 2021 | 0.45x | CN¥618.43 Million | CN¥278.65 Million | ▼ -14.5% |
| 2020 | 0.53x | CN¥774.99 Million | CN¥408.28 Million | ▲ +222.0% |
| 2019 | 0.16x | CN¥411.89 Million | CN¥67.39 Million | ▼ -40.3% |
| 2017 | 0.27x | CN¥86.19 Million | CN¥23.64 Million | ▲ +188.1% |
| 2016 | 0.10x | CN¥400.61 Million | CN¥38.15 Million | ▲ +40.4% |
| 2013 | 0.07x | CN¥287.25 Million | CN¥19.48 Million | — |