Baoding Lucky Innovative Materials Co Ltd (300446) — Capital Reinvestment Ratio

Latest as of September 2025: 2.27x

Baoding Lucky Innovative Materials Co Ltd (300446) has a Capital Reinvestment Ratio of 2.27x as of September 2025, meaning it reinvests 2% of its operating cash flow (CN¥42.74 Million) in capital expenditures (CN¥97.17 Million). Check Baoding Lucky Innovative Materials Co Lt (300446) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

2.27x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥42.74 Million
CNY

Capital Expenditures

CN¥97.17 Million
CNY

Data as of

Sep 2025
Most recent filing

Baoding Lucky Innovative Materials Co Ltd Capital Reinvestment Ratio (2011–2025)

This chart tracks Baoding Lucky Innovative Materials Co Ltd's Capital Reinvestment Ratio across 15 annual periods. For the full cash flow conversion analysis, see Baoding Lucky Innovative Materials Co Lt (300446) cash conversion ratio.

Annual Capital Reinvestment Ratio for Baoding Lucky Innovative Materials Co Ltd (2011–2025)

Year-by-year Capital Reinvestment Ratio for Baoding Lucky Innovative Materials Co Ltd from 2011 to 2025. See Baoding Lucky Innovative Materials Co Lt 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 0.70x CN¥665.79 Million CN¥466.87 Million ▲ +65.1%
2024 0.42x CN¥1.05 Billion CN¥445.46 Million ▼ -17.3%
2023 0.51x CN¥838.24 Million CN¥430.60 Million ▼ -93.0%
2022 7.33x CN¥8.01 Million CN¥58.75 Million ▲ +174.4%
2021 2.67x CN¥43.12 Million CN¥115.23 Million ▲ +3.8%
2020 2.57x CN¥38.89 Million CN¥100.11 Million ▲ +281.1%
2019 0.68x CN¥89.58 Million CN¥60.51 Million ▲ +59.7%
2018 0.42x CN¥109.52 Million CN¥46.32 Million ▲ +165.6%
2017 0.16x CN¥117.50 Million CN¥18.71 Million ▲ +26.5%
2016 0.13x CN¥119.56 Million CN¥15.05 Million ▼ -43.9%
2015 0.22x CN¥108.33 Million CN¥24.30 Million ▼ -29.6%
2014 0.32x CN¥98.43 Million CN¥31.37 Million ▲ +20.1%
2013 0.27x CN¥69.52 Million CN¥18.45 Million ▼ -85.5%
2012 1.83x CN¥35.17 Million CN¥64.31 Million ▲ +256.0%
2011 0.51x CN¥35.26 Million CN¥18.11 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow