Guangdong Modern High Tech Fiber Co (300876) — Capital Reinvestment Ratio
Guangdong Modern High Tech Fiber Co (300876) has a Capital Reinvestment Ratio of 5.29x as of September 2025, meaning it reinvests 5% of its operating cash flow (CN¥33.43 Million) in capital expenditures (CN¥176.66 Million). Check tangible net worth ratio of Guangdong Modern High Tech Fiber Co to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Guangdong Modern High Tech Fiber Co Capital Reinvestment Ratio (2016–2023)
This chart tracks Guangdong Modern High Tech Fiber Co's Capital Reinvestment Ratio across 8 annual periods. For the full cash flow conversion analysis, see Guangdong Modern High Tech Fiber Co operating cash flow efficiency.
Annual Capital Reinvestment Ratio for Guangdong Modern High Tech Fiber Co (2016–2023)
Year-by-year Capital Reinvestment Ratio for Guangdong Modern High Tech Fiber Co from 2016 to 2023. See Guangdong Modern High Tech Fiber Co 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 |
|---|---|---|---|---|
| 2023 | 7.33x | CN¥49.70 Million | CN¥364.31 Million | ▲ +11.9% |
| 2022 | 6.55x | CN¥43.62 Million | CN¥285.68 Million | ▲ +165.2% |
| 2021 | 2.47x | CN¥55.08 Million | CN¥136.00 Million | ▲ +319.7% |
| 2020 | 0.59x | CN¥38.26 Million | CN¥22.51 Million | ▲ +23.7% |
| 2019 | 0.48x | CN¥85.62 Million | CN¥40.72 Million | ▲ +156.1% |
| 2018 | 0.19x | CN¥41.59 Million | CN¥7.72 Million | ▼ -57.2% |
| 2017 | 0.43x | CN¥51.31 Million | CN¥22.26 Million | ▼ -55.5% |
| 2016 | 0.98x | CN¥10.56 Million | CN¥10.31 Million | — |