Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766) — Capital Reinvestment Ratio

Latest as of June 2025: 1.05x

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). See 300766 free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

1.05x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥22.63 Million
CNY

Capital Expenditures

CN¥23.78 Million
CNY

Data as of

Jun 2025
Most recent filing

Zhejiang Merit Interactive Network Technology Co Ltd Class A Capital Reinvestment Ratio (2016–2024)

This chart tracks Zhejiang Merit Interactive Network Technology Co Ltd Class A's Capital Reinvestment Ratio across 8 annual periods.

Annual Capital Reinvestment Ratio for Zhejiang Merit Interactive Network Technology Co Ltd Class A (2016–2024)

Year-by-year Capital Reinvestment Ratio for Zhejiang Merit Interactive Network Technology Co Ltd Class A from 2016 to 2024. For live market cap and broader valuation context, see Zhejiang Merit Interactive Network Techn (300766) total market value.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
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
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow