Guangzhou Devotion Therm Tech (300335) — Capital Reinvestment Ratio

Latest as of June 2023: 0.88x

Guangzhou Devotion Therm Tech (300335) has a Capital Reinvestment Ratio of 0.88x as of June 2023, meaning it reinvests 1% of its operating cash flow (CN¥5.26 Million) in capital expenditures (CN¥4.63 Million). Check Guangzhou Devotion Therm Tech tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.88x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥5.26 Million
CNY

Capital Expenditures

CN¥4.63 Million
CNY

Data as of

Jun 2023
Most recent filing

Guangzhou Devotion Therm Tech Capital Reinvestment Ratio (2010–2025)

This chart tracks Guangzhou Devotion Therm Tech's Capital Reinvestment Ratio across 15 annual periods. For the full cash flow conversion analysis, see Guangzhou Devotion Therm Tech operating cash flow efficiency.

Annual Capital Reinvestment Ratio for Guangzhou Devotion Therm Tech (2010–2025)

Year-by-year Capital Reinvestment Ratio for Guangzhou Devotion Therm Tech from 2010 to 2025. See cash generation quality of Guangzhou Devotion Therm Tech to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2025 0.14x CN¥174.94 Million CN¥24.55 Million ▼ -54.2%
2024 0.31x CN¥263.91 Million CN¥80.90 Million ▼ -39.2%
2023 0.50x CN¥82.04 Million CN¥41.33 Million ▼ -40.1%
2022 0.84x CN¥230.90 Million CN¥194.06 Million ▼ -46.4%
2021 1.57x CN¥116.32 Million CN¥182.24 Million ▲ +522.4%
2020 0.25x CN¥309.60 Million CN¥77.94 Million ▲ +3.9%
2019 0.24x CN¥428.77 Million CN¥103.88 Million ▼ -75.3%
2018 0.98x CN¥204.84 Million CN¥200.75 Million ▼ -23.0%
2017 1.27x CN¥247.89 Million CN¥315.41 Million ▲ +12.5%
2016 1.13x CN¥234.09 Million CN¥264.71 Million ▲ +9.4%
2015 1.03x CN¥154.61 Million CN¥159.89 Million ▼ -6.0%
2013 1.10x CN¥80.45 Million CN¥88.51 Million ▼ -61.4%
2012 2.85x CN¥19.25 Million CN¥54.89 Million ▲ +14.5%
2011 2.49x CN¥57.14 Million CN¥142.34 Million ▼ -90.6%
2010 26.57x CN¥6.75 Million CN¥179.41 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow