Shenzhen Changhong Tech (300151) — Capital Reinvestment Ratio
Shenzhen Changhong Tech (300151) has a Capital Reinvestment Ratio of 0.97x as of September 2025, meaning it reinvests 1% of its operating cash flow (CN¥73.19 Million) in capital expenditures (CN¥70.68 Million). Check Shenzhen Changhong Tech (300151) 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
Shenzhen Changhong Tech Capital Reinvestment Ratio (2007–2024)
This chart tracks Shenzhen Changhong Tech's Capital Reinvestment Ratio across 18 annual periods. For the full cash flow conversion analysis, see 300151 cash flow conversion.
Annual Capital Reinvestment Ratio for Shenzhen Changhong Tech (2007–2024)
Year-by-year Capital Reinvestment Ratio for Shenzhen Changhong Tech from 2007 to 2024. See Shenzhen Changhong Tech free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 1.31x | CN¥173.92 Million | CN¥228.60 Million | ▲ +12.2% |
| 2023 | 1.17x | CN¥198.70 Million | CN¥232.84 Million | ▼ -27.3% |
| 2022 | 1.61x | CN¥218.28 Million | CN¥352.03 Million | ▼ -20.4% |
| 2021 | 2.03x | CN¥97.11 Million | CN¥196.80 Million | ▲ +197.3% |
| 2020 | 0.68x | CN¥232.62 Million | CN¥158.56 Million | ▼ -18.1% |
| 2019 | 0.83x | CN¥120.27 Million | CN¥100.09 Million | ▼ -4.4% |
| 2018 | 0.87x | CN¥60.13 Million | CN¥52.34 Million | ▲ +67.1% |
| 2017 | 0.52x | CN¥53.12 Million | CN¥27.67 Million | ▼ -54.1% |
| 2016 | 1.13x | CN¥44.36 Million | CN¥50.33 Million | ▲ +1.1% |
| 2015 | 1.12x | CN¥49.25 Million | CN¥55.26 Million | ▼ -40.6% |
| 2014 | 1.89x | CN¥69.23 Million | CN¥130.88 Million | ▲ +629.4% |
| 2013 | 0.26x | CN¥91.25 Million | CN¥23.65 Million | ▼ -75.0% |
| 2012 | 1.04x | CN¥31.20 Million | CN¥32.39 Million | ▼ -93.7% |
| 2011 | 16.49x | CN¥5.74 Million | CN¥94.63 Million | ▲ +3617.7% |
| 2010 | 0.44x | CN¥57.16 Million | CN¥25.35 Million | ▼ -11.6% |
| 2009 | 0.50x | CN¥27.76 Million | CN¥13.93 Million | ▲ +8.0% |
| 2008 | 0.46x | CN¥23.34 Million | CN¥10.85 Million | ▼ -56.3% |
| 2007 | 1.06x | CN¥11.30 Million | CN¥12.02 Million | — |