Shenzhen Minkave Technology Co Ltd (300506) — Capital Reinvestment Ratio

Latest as of March 2023: 2.40x

Shenzhen Minkave Technology Co Ltd (300506) has a Capital Reinvestment Ratio of 2.40x as of March 2023, meaning it reinvests 2% of its operating cash flow (CN¥18.25 Million) in capital expenditures (CN¥43.82 Million). Check 300506 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

2.40x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥18.25 Million
CNY

Capital Expenditures

CN¥43.82 Million
CNY

Data as of

Mar 2023
Most recent filing

Shenzhen Minkave Technology Co Ltd Capital Reinvestment Ratio (2011–2024)

This chart tracks Shenzhen Minkave Technology Co Ltd's Capital Reinvestment Ratio across 4 annual periods. For the full cash flow conversion analysis, see 300506 cash flow metrics.

Annual Capital Reinvestment Ratio for Shenzhen Minkave Technology Co Ltd (2011–2024)

Year-by-year Capital Reinvestment Ratio for Shenzhen Minkave Technology Co Ltd from 2011 to 2024. See Shenzhen Minkave Technology 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
2024 0.02x CN¥5.95 Million CN¥113.23K ▼ -99.0%
2023 1.98x CN¥22.18 Million CN¥43.82 Million ▲ +30.5%
2019 1.51x CN¥46.35 Million CN¥70.14 Million ▲ +2115.8%
2011 0.07x CN¥25.75 Million CN¥1.76 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow