NOVA Technology Corporation Limited (300921) — 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). Check tangible equity quality of NOVA Technology Corporation Limited to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
NOVA Technology Corporation Limited Capital Reinvestment Ratio (2019–2024)
This chart tracks NOVA Technology Corporation Limited's Capital Reinvestment Ratio across 6 annual periods. For the full cash flow conversion analysis, see 300921 cash flow metrics.
Annual Capital Reinvestment Ratio for NOVA Technology Corporation Limited (2019–2024)
Year-by-year Capital Reinvestment Ratio for NOVA Technology Corporation Limited from 2019 to 2024. See NOVA Technology Corporation Limited (300921) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |