Hiconics Drive Tech Co (300048) — Capital Reinvestment Ratio
Hiconics Drive Tech Co (300048) has a Capital Reinvestment Ratio of 0.69x as of September 2025, meaning it reinvests 1% of its operating cash flow (CN¥19.56 Million) in capital expenditures (CN¥13.59 Million). Check Hiconics Drive Tech Co (300048) tangible net worth to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Hiconics Drive Tech Co Capital Reinvestment Ratio (2012–2024)
This chart tracks Hiconics Drive Tech Co's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see Hiconics Drive Tech Co cash flow conversion.
Annual Capital Reinvestment Ratio for Hiconics Drive Tech Co (2012–2024)
Year-by-year Capital Reinvestment Ratio for Hiconics Drive Tech Co from 2012 to 2024. See Hiconics Drive Tech Co free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.18x | CN¥306.11 Million | CN¥55.41 Million | ▼ -41.6% |
| 2023 | 0.31x | CN¥123.54 Million | CN¥38.27 Million | ▲ +72.3% |
| 2022 | 0.18x | CN¥167.96 Million | CN¥30.19 Million | ▼ -4.2% |
| 2021 | 0.19x | CN¥222.66 Million | CN¥41.77 Million | ▼ -66.8% |
| 2020 | 0.57x | CN¥133.80 Million | CN¥75.69 Million | ▲ +81.5% |
| 2019 | 0.31x | CN¥299.96 Million | CN¥93.51 Million | ▼ -29.6% |
| 2018 | 0.44x | CN¥118.16 Million | CN¥52.36 Million | ▼ -88.8% |
| 2016 | 3.95x | CN¥159.34 Million | CN¥629.91 Million | ▼ -16.2% |
| 2014 | 4.72x | CN¥5.88 Million | CN¥27.73 Million | ▲ +72.2% |
| 2012 | 2.74x | CN¥33.32 Million | CN¥91.25 Million | — |