Focus Lightings Tech Co Ltd (300708) — Capital Reinvestment Ratio

Latest as of December 2025: 213.02x

Focus Lightings Tech Co Ltd (300708) has a Capital Reinvestment Ratio of 213.02x as of December 2025, meaning it reinvests 213% of its operating cash flow (CN¥1.06 Million) in capital expenditures (CN¥226.31 Million). Check 300708 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

213.02x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥1.06 Million
CNY

Capital Expenditures

CN¥226.31 Million
CNY

Data as of

Dec 2025
Most recent filing

Focus Lightings Tech Co Ltd Capital Reinvestment Ratio (2013–2025)

This chart tracks Focus Lightings Tech Co Ltd's Capital Reinvestment Ratio across 13 annual periods. For the full cash flow conversion analysis, see 300708 cash generation efficiency.

Annual Capital Reinvestment Ratio for Focus Lightings Tech Co Ltd (2013–2025)

Year-by-year Capital Reinvestment Ratio for Focus Lightings Tech Co Ltd from 2013 to 2025. See Focus Lightings Tech Co Ltd (300708) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2025 0.92x CN¥555.98 Million CN¥509.94 Million ▼ -10.7%
2024 1.03x CN¥524.49 Million CN¥538.88 Million ▲ +45.6%
2023 0.71x CN¥201.27 Million CN¥142.07 Million ▼ -11.8%
2022 0.80x CN¥488.23 Million CN¥390.65 Million ▲ +88.6%
2021 0.42x CN¥465.40 Million CN¥197.43 Million ▼ -69.7%
2020 1.40x CN¥232.76 Million CN¥326.13 Million ▼ -1.5%
2019 1.42x CN¥387.79 Million CN¥551.49 Million ▼ -60.4%
2018 3.59x CN¥354.63 Million CN¥1.27 Billion ▲ +266.2%
2017 0.98x CN¥128.83 Million CN¥126.29 Million ▲ +150.4%
2016 0.39x CN¥125.57 Million CN¥49.17 Million ▼ -95.1%
2015 7.96x CN¥17.66 Million CN¥140.63 Million ▲ +381.0%
2014 1.66x CN¥74.21 Million CN¥122.88 Million ▼ -50.8%
2013 3.37x CN¥34.18 Million CN¥115.06 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow