Hangzhou Zhengqiang Corporation Limited (301119) — Capital Reinvestment Ratio

Latest as of September 2025: 0.69x

Hangzhou Zhengqiang Corporation Limited (301119) has a Capital Reinvestment Ratio of 0.69x as of September 2025, meaning it reinvests 1% of its operating cash flow (CN¥48.02 Million) in capital expenditures (CN¥32.93 Million). Check tangible equity quality of Hangzhou Zhengqiang Corporation Limited to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.69x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥48.02 Million
CNY

Capital Expenditures

CN¥32.93 Million
CNY

Data as of

Sep 2025
Most recent filing

Hangzhou Zhengqiang Corporation Limited Capital Reinvestment Ratio (2017–2025)

This chart tracks Hangzhou Zhengqiang Corporation Limited's Capital Reinvestment Ratio across 9 annual periods. For the full cash flow conversion analysis, see Hangzhou Zhengqiang Corporation Limited cash flow conversion.

Annual Capital Reinvestment Ratio for Hangzhou Zhengqiang Corporation Limited (2017–2025)

Year-by-year Capital Reinvestment Ratio for Hangzhou Zhengqiang Corporation Limited from 2017 to 2025. See 301119 free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2025 0.50x CN¥148.78 Million CN¥75.09 Million ▼ -1.3%
2024 0.51x CN¥45.35 Million CN¥23.19 Million ▲ +41.8%
2023 0.36x CN¥118.99 Million CN¥42.91 Million ▲ +290.7%
2022 0.09x CN¥193.78 Million CN¥17.89 Million ▼ -62.1%
2021 0.24x CN¥42.62 Million CN¥10.39 Million ▲ +17.7%
2020 0.21x CN¥50.14 Million CN¥10.38 Million ▲ +34.5%
2019 0.15x CN¥45.20 Million CN¥6.96 Million ▼ -58.1%
2018 0.37x CN¥41.61 Million CN¥15.28 Million ▲ +1.1%
2017 0.36x CN¥64.60 Million CN¥23.46 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow