Shenzhen Minglida Precision Technology Co. Ltd. (301268) — Capital Reinvestment Ratio

Latest as of December 2023: 4.97x

Shenzhen Minglida Precision Technology Co. Ltd. (301268) has a Capital Reinvestment Ratio of 4.97x as of December 2023, meaning it reinvests 5% of its operating cash flow (CN¥79.76 Million) in capital expenditures (CN¥396.15 Million). Check 301268 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

4.97x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥79.76 Million
CNY

Capital Expenditures

CN¥396.15 Million
CNY

Data as of

Dec 2023
Most recent filing

Shenzhen Minglida Precision Technology Co. Ltd. Capital Reinvestment Ratio (2019–2023)

This chart tracks Shenzhen Minglida Precision Technology Co. Ltd.'s Capital Reinvestment Ratio across 5 annual periods. For the full cash flow conversion analysis, see Shenzhen Minglida Precision Technology C cash flow conversion.

Annual Capital Reinvestment Ratio for Shenzhen Minglida Precision Technology Co. Ltd. (2019–2023)

Year-by-year Capital Reinvestment Ratio for Shenzhen Minglida Precision Technology Co. Ltd. from 2019 to 2023. See Shenzhen Minglida Precision Technology C 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 4.97x CN¥79.76 Million CN¥396.15 Million ▼ -71.8%
2022 17.62x CN¥23.27 Million CN¥409.87 Million ▲ +1061.3%
2021 1.52x CN¥113.20 Million CN¥171.70 Million ▲ +159.8%
2020 0.58x CN¥296.11 Million CN¥172.85 Million ▼ -52.2%
2019 1.22x CN¥113.03 Million CN¥137.94 Million —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow