Yantai Changyu Pioneer Wine (200869) — Capital Reinvestment Ratio
Yantai Changyu Pioneer Wine (200869) has a Capital Reinvestment Ratio of 0.16x as of September 2025, meaning it reinvests 0% of its operating cash flow (HK$122.50 Million) in capital expenditures (HK$19.00 Million). Check 200869 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Yantai Changyu Pioneer Wine Capital Reinvestment Ratio (1998–2025)
This chart tracks Yantai Changyu Pioneer Wine's Capital Reinvestment Ratio across 28 annual periods. For the full cash flow conversion analysis, see 200869 operating cash flow.
Annual Capital Reinvestment Ratio for Yantai Changyu Pioneer Wine (1998–2025)
Year-by-year Capital Reinvestment Ratio for Yantai Changyu Pioneer Wine from 1998 to 2025. See Yantai Changyu Pioneer Wine free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (HKD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.09x | HK$355.82 Million | HK$31.47 Million | ▼ -62.8% |
| 2024 | 0.24x | HK$397.74 Million | HK$94.56 Million | ▲ +111.2% |
| 2023 | 0.11x | HK$1.17 Billion | HK$132.03 Million | ▼ -50.8% |
| 2022 | 0.23x | HK$868.88 Million | HK$198.79 Million | ▲ +14.2% |
| 2021 | 0.20x | HK$1.13 Billion | HK$225.50 Million | ▼ -35.1% |
| 2020 | 0.31x | HK$505.15 Million | HK$155.92 Million | ▼ -8.0% |
| 2019 | 0.34x | HK$837.84 Million | HK$281.01 Million | ▼ -5.8% |
| 2018 | 0.36x | HK$975.98 Million | HK$347.38 Million | ▼ -20.5% |
| 2017 | 0.45x | HK$973.24 Million | HK$435.96 Million | ▼ -43.4% |
| 2016 | 0.79x | HK$889.91 Million | HK$704.83 Million | ▲ +16.7% |
| 2015 | 0.68x | HK$1.14 Billion | HK$775.47 Million | ▼ -41.4% |
| 2014 | 1.16x | HK$1.07 Billion | HK$1.24 Billion | ▼ -11.6% |
| 2013 | 1.31x | HK$735.07 Million | HK$962.18 Million | ▲ +95.9% |
| 2012 | 0.67x | HK$1.30 Billion | HK$870.16 Million | ▲ +31.3% |
| 2011 | 0.51x | HK$1.51 Billion | HK$766.33 Million | ▲ +27.6% |
| 2010 | 0.40x | HK$1.29 Billion | HK$514.45 Million | ▲ +103.3% |
| 2009 | 0.20x | HK$1.36 Billion | HK$266.71 Million | ▼ -14.3% |
| 2008 | 0.23x | HK$1.25 Billion | HK$286.39 Million | ▼ -41.6% |
| 2007 | 0.39x | HK$816.16 Million | HK$319.94 Million | ▲ +48.2% |
| 2006 | 0.26x | HK$398.07 Million | HK$105.32 Million | ▲ +97.7% |
| 2005 | 0.13x | HK$325.54 Million | HK$43.58 Million | ▼ -52.6% |
| 2004 | 0.28x | HK$228.66 Million | HK$64.51 Million | ▲ +77.0% |
| 2003 | 0.16x | HK$347.93 Million | HK$55.45 Million | ▼ -90.7% |
| 2002 | 1.72x | HK$90.60 Million | HK$155.41 Million | ▲ +22.2% |
| 2001 | 1.40x | HK$52.61 Million | HK$73.85 Million | ▲ +461.1% |
| 2000 | 0.25x | HK$177.88 Million | HK$44.50 Million | ▼ -75.3% |
| 1999 | 1.01x | HK$76.97 Million | HK$77.88 Million | ▲ +63.7% |
| 1998 | 0.62x | HK$13.07 Million | HK$8.08 Million | — |