Goldcard High-Tech Co Ltd (300349) — Capital Reinvestment Ratio

Latest as of June 2023: 0.33x

Goldcard High-Tech Co Ltd (300349) has a Capital Reinvestment Ratio of 0.33x as of June 2023, meaning it reinvests 0% of its operating cash flow (CN¥206.90 Million) in capital expenditures (CN¥68.57 Million). Check Goldcard High-Tech Co Ltd (300349) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.33x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥206.90 Million
CNY

Capital Expenditures

CN¥68.57 Million
CNY

Data as of

Jun 2023
Most recent filing

Goldcard High-Tech Co Ltd Capital Reinvestment Ratio (2009–2025)

This chart tracks Goldcard High-Tech Co Ltd's Capital Reinvestment Ratio across 17 annual periods. For the full cash flow conversion analysis, see Goldcard High-Tech Co Ltd cash conversion from operations.

Annual Capital Reinvestment Ratio for Goldcard High-Tech Co Ltd (2009–2025)

Year-by-year Capital Reinvestment Ratio for Goldcard High-Tech Co Ltd from 2009 to 2025. See Goldcard High-Tech Co Ltd free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2025 0.45x CN¥344.68 Million CN¥155.37 Million ▼ -5.5%
2024 0.48x CN¥364.66 Million CN¥173.97 Million ▼ -28.6%
2023 0.67x CN¥428.09 Million CN¥286.06 Million ▲ +41.3%
2022 0.47x CN¥331.89 Million CN¥156.98 Million ▼ -75.7%
2021 1.95x CN¥127.37 Million CN¥247.93 Million ▲ +432.9%
2020 0.37x CN¥494.97 Million CN¥180.80 Million ▲ +6.2%
2019 0.34x CN¥448.65 Million CN¥154.36 Million ▲ +36.7%
2018 0.25x CN¥425.44 Million CN¥107.08 Million ▲ +36.8%
2017 0.18x CN¥464.48 Million CN¥85.46 Million ▲ +17.8%
2016 0.16x CN¥259.59 Million CN¥40.53 Million ▼ -58.4%
2015 0.37x CN¥94.75 Million CN¥35.53 Million ▼ -35.8%
2014 0.58x CN¥81.04 Million CN¥47.36 Million ▲ +54.8%
2013 0.38x CN¥60.56 Million CN¥22.86 Million ▼ -48.1%
2012 0.73x CN¥43.92 Million CN¥31.93 Million ▲ +60.1%
2011 0.45x CN¥74.31 Million CN¥33.73 Million ▲ +43.0%
2010 0.32x CN¥53.95 Million CN¥17.12 Million ▲ +23.2%
2009 0.26x CN¥14.15 Million CN¥3.65 Million —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow