Xiamen Changelight (300102) — Capital Reinvestment Ratio
Xiamen Changelight (300102) has a Capital Reinvestment Ratio of 0.21x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥76.36 Million) in capital expenditures (CN¥15.77 Million). Check 300102 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Xiamen Changelight Capital Reinvestment Ratio (2008–2024)
This chart tracks Xiamen Changelight's Capital Reinvestment Ratio across 14 annual periods. For the full cash flow conversion analysis, see Xiamen Changelight operating cash flow efficiency.
Annual Capital Reinvestment Ratio for Xiamen Changelight (2008–2024)
Year-by-year Capital Reinvestment Ratio for Xiamen Changelight from 2008 to 2024. See how much free cash does Xiamen Changelight generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.47x | CN¥545.89 Million | CN¥255.32 Million | ▼ -49.0% |
| 2023 | 0.92x | CN¥270.63 Million | CN¥248.04 Million | ▲ +95.1% |
| 2022 | 0.47x | CN¥473.82 Million | CN¥222.64 Million | ▲ +46.7% |
| 2021 | 0.32x | CN¥552.01 Million | CN¥176.87 Million | ▼ -83.3% |
| 2020 | 1.92x | CN¥123.81 Million | CN¥237.14 Million | ▼ -25.3% |
| 2019 | 2.56x | CN¥268.78 Million | CN¥689.26 Million | ▼ -68.9% |
| 2018 | 8.24x | CN¥233.61 Million | CN¥1.93 Billion | ▲ +618.0% |
| 2017 | 1.15x | CN¥447.73 Million | CN¥513.90 Million | ▼ -68.9% |
| 2014 | 3.69x | CN¥116.47 Million | CN¥430.13 Million | ▲ +190.8% |
| 2013 | 1.27x | CN¥140.21 Million | CN¥178.07 Million | ▲ +92.1% |
| 2012 | 0.66x | CN¥114.76 Million | CN¥75.87 Million | ▼ -66.2% |
| 2010 | 1.96x | CN¥86.10 Million | CN¥168.42 Million | ▲ +322.1% |
| 2009 | 0.46x | CN¥143.07 Million | CN¥66.30 Million | ▼ -63.2% |
| 2008 | 1.26x | CN¥31.98 Million | CN¥40.28 Million | — |