NOVA Technology Corporation Limited Capital Reinvestment Ratio
NOVA Technology Corporation Limited capital reinvestment ratio. NOVA Technology Corporation Limited (300921) has a Capital Reinvestment Ratio of 0.98x as of December 2024, meaning it reinvests 1% of its operating cash flow (CN¥28.13 Million) in capital expenditures (CN¥27.50 Million). See 300921 cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of NOVA Technology Corporation Limited (2019–2024)
Capital reinvestment ratio of NOVA Technology Corporation Limited from 2019 to 2024. This chart tracks NOVA Technology Corporation Limited's Capital Reinvestment Ratio across 6 annual periods. See NOVA Technology Corporation Limited financial flexibility index to measure the company's free cash flow as a share of total liabilities.
NOVA Technology Corporation Limited Capital Reinvestment Ratio by Year (2019–2024)
NOVA Technology Corporation Limited capital reinvestment ratio by year from 2019 to 2024. For the full cash flow conversion analysis, see 300921 cash flow conversion.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.98x | CN¥28.13 Million | CN¥27.50 Million | ▲ +30.7% |
| 2023 | 0.75x | CN¥43.10 Million | CN¥32.23 Million | ▲ +98.1% |
| 2022 | 0.38x | CN¥91.18 Million | CN¥34.43 Million | ▼ -42.4% |
| 2021 | 0.66x | CN¥49.03 Million | CN¥32.11 Million | ▲ +114.2% |
| 2020 | 0.31x | CN¥103.35 Million | CN¥31.60 Million | ▼ -30.8% |
| 2019 | 0.44x | CN¥71.78 Million | CN¥31.71 Million | — |