Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (301289) — Capital Reinvestment Ratio

Latest as of March 2022: 2.94x

Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (301289) has a Capital Reinvestment Ratio of 2.94x as of March 2022, meaning it reinvests 3% of its operating cash flow (CN¥10.27 Million) in capital expenditures (CN¥30.15 Million). Check 301289 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

2.94x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥10.27 Million
CNY

Capital Expenditures

CN¥30.15 Million
CNY

Data as of

Mar 2022
Most recent filing

Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. Capital Reinvestment Ratio (2019–2025)

This chart tracks Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd.'s Capital Reinvestment Ratio across 7 annual periods. For the full cash flow conversion analysis, see Shanghai National Center of Testing and cash flow conversion.

Annual Capital Reinvestment Ratio for Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (2019–2025)

Year-by-year Capital Reinvestment Ratio for Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. from 2019 to 2025. See how much free cash does Shanghai National Center of Testing and generate to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2025 0.46x CN¥173.65 Million CN¥80.41 Million ▲ +58.2%
2024 0.29x CN¥172.72 Million CN¥50.55 Million ▼ -28.1%
2023 0.41x CN¥136.56 Million CN¥55.62 Million ▼ -14.9%
2022 0.48x CN¥98.56 Million CN¥47.20 Million ▲ +89.2%
2021 0.25x CN¥118.97 Million CN¥30.11 Million ▼ -67.4%
2020 0.78x CN¥68.94 Million CN¥53.52 Million ▲ +0.7%
2019 0.77x CN¥75.08 Million CN¥57.87 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow