Zhejiang Meishuo Electric Technology Co. Ltd. A (301295) — Capital Reinvestment Ratio

Latest as of December 2023: 0.33x

Zhejiang Meishuo Electric Technology Co. Ltd. A (301295) has a Capital Reinvestment Ratio of 0.33x as of December 2023, meaning it reinvests 0% of its operating cash flow (CN¥76.47 Million) in capital expenditures (CN¥25.32 Million). Check Zhejiang Meishuo Electric Technology Co. tangible book value ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.33x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥76.47 Million
CNY

Capital Expenditures

CN¥25.32 Million
CNY

Data as of

Dec 2023
Most recent filing

Zhejiang Meishuo Electric Technology Co. Ltd. A Capital Reinvestment Ratio (2021–2023)

This chart tracks Zhejiang Meishuo Electric Technology Co. Ltd. A's Capital Reinvestment Ratio across 3 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Zhejiang Meishuo Electric Technology Co..

Annual Capital Reinvestment Ratio for Zhejiang Meishuo Electric Technology Co. Ltd. A (2021–2023)

Year-by-year Capital Reinvestment Ratio for Zhejiang Meishuo Electric Technology Co. Ltd. A from 2021 to 2023. See Zhejiang Meishuo Electric Technology Co. (301295) 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
2023 0.33x CN¥76.47 Million CN¥25.32 Million ▼ -74.7%
2022 1.31x CN¥12.94 Million CN¥16.93 Million ▲ +70.0%
2021 0.77x CN¥35.95 Million CN¥27.68 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow