Jiangsu Ruitai New Energy Materials Co. Ltd. (301238) — Capital Reinvestment Ratio

Latest as of June 2022: 0.85x

Jiangsu Ruitai New Energy Materials Co. Ltd. (301238) has a Capital Reinvestment Ratio of 0.85x as of June 2022, meaning it reinvests 1% of its operating cash flow (CN¥199.62 Million) in capital expenditures (CN¥168.83 Million). Check Jiangsu Ruitai New Energy Materials Co. tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.85x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥199.62 Million
CNY

Capital Expenditures

CN¥168.83 Million
CNY

Data as of

Jun 2022
Most recent filing

Jiangsu Ruitai New Energy Materials Co. Ltd. Capital Reinvestment Ratio (2019–2024)

This chart tracks Jiangsu Ruitai New Energy Materials Co. Ltd.'s Capital Reinvestment Ratio across 6 annual periods. For the full cash flow conversion analysis, see 301238 cash generation efficiency.

Annual Capital Reinvestment Ratio for Jiangsu Ruitai New Energy Materials Co. Ltd. (2019–2024)

Year-by-year Capital Reinvestment Ratio for Jiangsu Ruitai New Energy Materials Co. Ltd. from 2019 to 2024. See Jiangsu Ruitai New Energy Materials Co. free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2024 21.78x CN¥22.22 Million CN¥483.96 Million ▲ +1551.7%
2023 1.32x CN¥568.79 Million CN¥750.16 Million ▲ +190.1%
2022 0.45x CN¥955.97 Million CN¥434.54 Million ▼ -91.3%
2021 5.25x CN¥54.01 Million CN¥283.61 Million ▲ +1242.7%
2020 0.39x CN¥362.00 Million CN¥141.57 Million ▼ -60.8%
2019 1.00x CN¥154.31 Million CN¥154.08 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow