Zhejiang Provincial New Energy Investment Group Co Ltd (600032) — Capital Reinvestment Ratio
Zhejiang Provincial New Energy Investment Group Co Ltd (600032) has a Capital Reinvestment Ratio of 0.14x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥2.74 Billion) in capital expenditures (CN¥386.11 Million). Check tangible net worth ratio of Zhejiang Provincial New Energy Investmen to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Zhejiang Provincial New Energy Investment Group Co Ltd Capital Reinvestment Ratio (2016–2024)
This chart tracks Zhejiang Provincial New Energy Investment Group Co Ltd's Capital Reinvestment Ratio across 9 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Zhejiang Provincial New Energy Investmen.
Annual Capital Reinvestment Ratio for Zhejiang Provincial New Energy Investment Group Co Ltd (2016–2024)
Year-by-year Capital Reinvestment Ratio for Zhejiang Provincial New Energy Investment Group Co Ltd from 2016 to 2024. See Zhejiang Provincial New Energy Investmen (600032) 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 |
|---|---|---|---|---|
| 2024 | 0.52x | CN¥2.82 Billion | CN¥1.48 Billion | ▼ -69.0% |
| 2023 | 1.69x | CN¥2.46 Billion | CN¥4.17 Billion | ▲ +53.4% |
| 2022 | 1.10x | CN¥2.91 Billion | CN¥3.21 Billion | ▼ -53.1% |
| 2021 | 2.35x | CN¥1.16 Billion | CN¥2.73 Billion | ▼ -39.5% |
| 2020 | 3.89x | CN¥1.22 Billion | CN¥4.73 Billion | ▲ +50.6% |
| 2019 | 2.58x | CN¥1.20 Billion | CN¥3.11 Billion | ▲ +209.2% |
| 2018 | 0.84x | CN¥646.02 Million | CN¥539.85 Million | ▼ -15.0% |
| 2017 | 0.98x | CN¥527.04 Million | CN¥518.34 Million | ▲ +244.4% |
| 2016 | 0.29x | CN¥844.80 Million | CN¥241.28 Million | — |