Shandong Meichen Science & Technology Co Ltd (300237) — Capital Reinvestment Ratio

Latest as of June 2023: 1.52x

Shandong Meichen Science & Technology Co Ltd (300237) has a Capital Reinvestment Ratio of 1.52x as of June 2023, meaning it reinvests 2% of its operating cash flow (CN¥10.11 Million) in capital expenditures (CN¥15.32 Million). See how much free cash does Shandong Meichen Science & Technology Co generate to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

1.52x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥10.11 Million
CNY

Capital Expenditures

CN¥15.32 Million
CNY

Data as of

Jun 2023
Most recent filing

Shandong Meichen Science & Technology Co Ltd Capital Reinvestment Ratio (2008–2025)

This chart tracks Shandong Meichen Science & Technology Co Ltd's Capital Reinvestment Ratio across 10 annual periods.

Annual Capital Reinvestment Ratio for Shandong Meichen Science & Technology Co Ltd (2008–2025)

Year-by-year Capital Reinvestment Ratio for Shandong Meichen Science & Technology Co Ltd from 2008 to 2025. For live market cap and broader valuation context, see Shandong Meichen Science & Technology Co market cap and net worth.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2025 0.04x CN¥239.12 Million CN¥9.92 Million ▼ -97.7%
2023 1.80x CN¥50.33 Million CN¥90.44 Million ▼ -93.3%
2022 26.73x CN¥4.63 Million CN¥123.87 Million ▲ +535.0%
2021 4.21x CN¥35.18 Million CN¥148.09 Million ▲ +193.5%
2019 1.43x CN¥62.75 Million CN¥89.99 Million ▲ +78.1%
2014 0.81x CN¥40.32 Million CN¥32.47 Million ▲ +52.7%
2013 0.53x CN¥64.56 Million CN¥34.04 Million ▼ -24.9%
2010 0.70x CN¥100.21 Million CN¥70.39 Million ▲ +105.5%
2009 0.34x CN¥75.25 Million CN¥25.72 Million ▼ -99.9%
2008 461.93x CN¥45.00K CN¥20.79 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow