Shenzhen Inovance Tech (300124) — Capital Reinvestment Ratio
Shenzhen Inovance Tech (300124) has a Capital Reinvestment Ratio of 0.83x as of September 2025, meaning it reinvests 1% of its operating cash flow (CN¥892.64 Million) in capital expenditures (CN¥742.92 Million). Check Shenzhen Inovance Tech tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Shenzhen Inovance Tech Capital Reinvestment Ratio (2007–2024)
This chart tracks Shenzhen Inovance Tech's Capital Reinvestment Ratio across 18 annual periods. For the full cash flow conversion analysis, see 300124 operating cash flow.
Annual Capital Reinvestment Ratio for Shenzhen Inovance Tech (2007–2024)
Year-by-year Capital Reinvestment Ratio for Shenzhen Inovance Tech from 2007 to 2024. See free cash flow generation of Shenzhen Inovance Tech to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.29x | CN¥7.20 Billion | CN¥2.11 Billion | ▼ -34.5% |
| 2023 | 0.45x | CN¥3.37 Billion | CN¥1.51 Billion | ▼ -13.8% |
| 2022 | 0.52x | CN¥3.20 Billion | CN¥1.66 Billion | ▲ +17.8% |
| 2021 | 0.44x | CN¥1.77 Billion | CN¥778.59 Million | ▲ +80.5% |
| 2020 | 0.24x | CN¥1.47 Billion | CN¥358.33 Million | ▲ +32.5% |
| 2019 | 0.18x | CN¥1.36 Billion | CN¥250.90 Million | ▼ -69.4% |
| 2018 | 0.60x | CN¥471.29 Million | CN¥283.95 Million | ▲ +77.0% |
| 2017 | 0.34x | CN¥491.68 Million | CN¥167.33 Million | ▲ +4.6% |
| 2016 | 0.33x | CN¥420.35 Million | CN¥136.78 Million | ▲ +25.7% |
| 2015 | 0.26x | CN¥801.81 Million | CN¥207.61 Million | ▲ +6.4% |
| 2014 | 0.24x | CN¥524.23 Million | CN¥127.58 Million | ▲ +54.9% |
| 2013 | 0.16x | CN¥452.18 Million | CN¥71.02 Million | ▲ +8.9% |
| 2012 | 0.14x | CN¥263.33 Million | CN¥37.99 Million | ▼ -99.5% |
| 2011 | 27.26x | CN¥6.11 Million | CN¥166.42 Million | ▲ +8233.1% |
| 2010 | 0.33x | CN¥147.34 Million | CN¥48.20 Million | ▲ +151.5% |
| 2009 | 0.13x | CN¥86.40 Million | CN¥11.24 Million | ▼ -63.1% |
| 2008 | 0.35x | CN¥47.36 Million | CN¥16.72 Million | ▲ +319.4% |
| 2007 | 0.08x | CN¥36.10 Million | CN¥3.04 Million | — |