North Long Dragon New Materials Technology Co. Ltd. A Capital Reinvestment Ratio

Latest as of December 2022: 2.47x

North Long Dragon New Materials Technology Co. Ltd. A capital reinvestment ratio. North Long Dragon New Materials Technology Co. Ltd. A (301357) has a Capital Reinvestment Ratio of 2.47x as of December 2022, meaning it reinvests 2% of its operating cash flow (CN¥51.23 Million) in capital expenditures (CN¥126.54 Million). Check how aggressively does North Long Dragon New Materials Technolo reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

Capital Reinvestment Ratio

2.47x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥51.23 Million
CNY

Capital Expenditures

CN¥126.54 Million
CNY

Data as of

Dec 2022
Most recent filing

Capital Reinvestment Ratio of North Long Dragon New Materials Technology Co. Ltd. A (2021–2022)

Capital reinvestment ratio of North Long Dragon New Materials Technology Co. Ltd. A from 2021 to 2022. This chart tracks North Long Dragon New Materials Technology Co. Ltd. A's Capital Reinvestment Ratio across 2 annual periods. Also explore 301357 shareholders equity momentum to track the company's year-over-year net asset growth rate.

North Long Dragon New Materials Technology Co. Ltd. A Capital Reinvestment Ratio by Year (2021–2022)

North Long Dragon New Materials Technology Co. Ltd. A capital reinvestment ratio by year from 2021 to 2022. For the full cash flow conversion analysis, see North Long Dragon New Materials Technolo cash conversion from operations.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2022 2.47x CN¥51.23 Million CN¥126.54 Million ▲ +45.9%
2021 1.69x CN¥54.66 Million CN¥92.53 Million —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow