Huangshan Tourism Development Co Ltd A (600054) — Capital Reinvestment Ratio
Huangshan Tourism Development Co Ltd A (600054) has a Capital Reinvestment Ratio of 0.49x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥264.01 Million) in capital expenditures (CN¥129.45 Million). Check 600054 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Huangshan Tourism Development Co Ltd A Capital Reinvestment Ratio (1998–2025)
This chart tracks Huangshan Tourism Development Co Ltd A's Capital Reinvestment Ratio across 27 annual periods. For the full cash flow conversion analysis, see Huangshan Tourism Development Co Ltd A cash flow conversion.
Annual Capital Reinvestment Ratio for Huangshan Tourism Development Co Ltd A (1998–2025)
Year-by-year Capital Reinvestment Ratio for Huangshan Tourism Development Co Ltd A from 1998 to 2025. See cash generation quality of Huangshan Tourism Development Co Ltd A to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.79x | CN¥666.43 Million | CN¥525.42 Million | ▲ +63.6% |
| 2024 | 0.48x | CN¥521.66 Million | CN¥251.32 Million | ▲ +62.3% |
| 2023 | 0.30x | CN¥722.89 Million | CN¥214.54 Million | ▼ -96.0% |
| 2022 | 7.33x | CN¥21.34 Million | CN¥156.36 Million | ▲ +147.6% |
| 2021 | 2.96x | CN¥93.83 Million | CN¥277.71 Million | ▲ +442.2% |
| 2019 | 0.55x | CN¥426.13 Million | CN¥232.59 Million | ▲ +177.9% |
| 2018 | 0.20x | CN¥457.62 Million | CN¥89.87 Million | ▼ -12.5% |
| 2017 | 0.22x | CN¥611.39 Million | CN¥137.28 Million | ▲ +108.3% |
| 2016 | 0.11x | CN¥486.97 Million | CN¥52.49 Million | ▼ -54.2% |
| 2015 | 0.24x | CN¥635.20 Million | CN¥149.49 Million | ▼ -53.6% |
| 2014 | 0.51x | CN¥409.08 Million | CN¥207.31 Million | ▼ -31.3% |
| 2013 | 0.74x | CN¥240.72 Million | CN¥177.63 Million | ▼ -31.4% |
| 2012 | 1.08x | CN¥361.33 Million | CN¥388.81 Million | ▼ -44.8% |
| 2011 | 1.95x | CN¥277.16 Million | CN¥540.42 Million | ▲ +175.2% |
| 2010 | 0.71x | CN¥255.12 Million | CN¥180.74 Million | ▼ -82.5% |
| 2009 | 4.05x | CN¥36.38 Million | CN¥147.43 Million | ▲ +216.1% |
| 2008 | 1.28x | CN¥207.50 Million | CN¥265.98 Million | ▲ +9.5% |
| 2007 | 1.17x | CN¥276.71 Million | CN¥323.87 Million | ▲ +151.1% |
| 2006 | 0.47x | CN¥222.03 Million | CN¥103.51 Million | ▲ +54.7% |
| 2005 | 0.30x | CN¥168.72 Million | CN¥50.86 Million | ▲ +69.5% |
| 2004 | 0.18x | CN¥211.43 Million | CN¥37.60 Million | ▼ -93.9% |
| 2003 | 2.90x | CN¥23.59 Million | CN¥68.33 Million | ▲ +550.8% |
| 2002 | 0.45x | CN¥124.35 Million | CN¥55.35 Million | ▲ +5.5% |
| 2001 | 0.42x | CN¥134.86 Million | CN¥56.89 Million | ▼ -74.1% |
| 2000 | 1.63x | CN¥46.80 Million | CN¥76.26 Million | ▲ +18.4% |
| 1999 | 1.38x | CN¥64.98 Million | CN¥89.47 Million | ▲ +53.5% |
| 1998 | 0.90x | CN¥54.32 Million | CN¥48.72 Million | — |