Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766) — Capital Reinvestment Ratio
Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766) has a Capital Reinvestment Ratio of 1.05x as of June 2025, meaning it reinvests 1% of its operating cash flow (CN¥22.63 Million) in capital expenditures (CN¥23.78 Million). Check tangible equity quality of Zhejiang Merit Interactive Network Techn to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Zhejiang Merit Interactive Network Technology Co Ltd Class A Capital Reinvestment Ratio (2016–2025)
This chart tracks Zhejiang Merit Interactive Network Technology Co Ltd Class A's Capital Reinvestment Ratio across 9 annual periods. For the full cash flow conversion analysis, see how efficiently does Zhejiang Merit Interactive Network Techn generate cash.
Annual Capital Reinvestment Ratio for Zhejiang Merit Interactive Network Technology Co Ltd Class A (2016–2025)
Year-by-year Capital Reinvestment Ratio for Zhejiang Merit Interactive Network Technology Co Ltd Class A from 2016 to 2025. See 300766 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 | 3.13x | CN¥47.57 Million | CN¥148.75 Million | ▼ -53.5% |
| 2024 | 6.72x | CN¥18.85 Million | CN¥126.67 Million | ▼ -45.9% |
| 2023 | 12.43x | CN¥12.10 Million | CN¥150.33 Million | ▲ +370.9% |
| 2022 | 2.64x | CN¥68.34 Million | CN¥180.37 Million | ▲ +364.6% |
| 2021 | 0.57x | CN¥249.87 Million | CN¥141.95 Million | ▼ -77.1% |
| 2020 | 2.48x | CN¥44.93 Million | CN¥111.54 Million | ▲ +1191.6% |
| 2018 | 0.19x | CN¥219.06 Million | CN¥42.11 Million | ▲ +2.5% |
| 2017 | 0.19x | CN¥121.77 Million | CN¥22.83 Million | ▼ -54.0% |
| 2016 | 0.41x | CN¥53.16 Million | CN¥21.66 Million | — |