Shanxi Lanhua Sci-Tech Venture Co Ltd (600123) — Capital Reinvestment Ratio
Shanxi Lanhua Sci-Tech Venture Co Ltd (600123) has a Capital Reinvestment Ratio of 1.31x as of September 2025, meaning it reinvests 1% of its operating cash flow (CN¥208.76 Million) in capital expenditures (CN¥272.98 Million). Check how tangible is Shanxi Lanhua Sci-Tech Venture Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Shanxi Lanhua Sci-Tech Venture Co Ltd Capital Reinvestment Ratio (1998–2024)
This chart tracks Shanxi Lanhua Sci-Tech Venture Co Ltd's Capital Reinvestment Ratio across 24 annual periods. For the full cash flow conversion analysis, see 600123 cash flow conversion.
Annual Capital Reinvestment Ratio for Shanxi Lanhua Sci-Tech Venture Co Ltd (1998–2024)
Year-by-year Capital Reinvestment Ratio for Shanxi Lanhua Sci-Tech Venture Co Ltd from 1998 to 2024. See how much free cash does Shanxi Lanhua Sci-Tech Venture Co Ltd generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.25x | CN¥1.90 Billion | CN¥484.47 Million | ▲ +7.8% |
| 2023 | 0.24x | CN¥2.67 Billion | CN¥630.81 Million | ▲ +165.8% |
| 2022 | 0.09x | CN¥5.70 Billion | CN¥506.18 Million | ▼ -63.1% |
| 2021 | 0.24x | CN¥3.29 Billion | CN¥790.23 Million | ▼ -77.7% |
| 2020 | 1.08x | CN¥684.39 Million | CN¥738.11 Million | ▲ +12.0% |
| 2019 | 0.96x | CN¥832.16 Million | CN¥800.96 Million | ▲ +88.9% |
| 2018 | 0.51x | CN¥2.19 Billion | CN¥1.12 Billion | ▼ -27.1% |
| 2017 | 0.70x | CN¥1.34 Billion | CN¥936.77 Million | ▼ -93.7% |
| 2016 | 11.12x | CN¥74.74 Million | CN¥831.19 Million | ▼ -29.5% |
| 2014 | 15.78x | CN¥81.42 Million | CN¥1.28 Billion | ▲ +1310.6% |
| 2012 | 1.12x | CN¥1.02 Billion | CN¥1.14 Billion | ▲ +93.3% |
| 2011 | 0.58x | CN¥1.17 Billion | CN¥679.93 Million | ▲ +63.0% |
| 2010 | 0.35x | CN¥1.29 Billion | CN¥459.63 Million | ▼ -44.4% |
| 2009 | 0.64x | CN¥1.06 Billion | CN¥675.09 Million | ▲ +26.7% |
| 2008 | 0.50x | CN¥1.59 Billion | CN¥799.31 Million | ▼ -62.8% |
| 2007 | 1.36x | CN¥705.25 Million | CN¥956.25 Million | ▲ +49.0% |
| 2006 | 0.91x | CN¥977.73 Million | CN¥889.74 Million | ▲ +62.5% |
| 2005 | 0.56x | CN¥661.47 Million | CN¥370.31 Million | ▼ -3.2% |
| 2004 | 0.58x | CN¥653.16 Million | CN¥377.94 Million | ▼ -53.9% |
| 2003 | 1.26x | CN¥187.21 Million | CN¥235.20 Million | ▲ +134.2% |
| 2002 | 0.54x | CN¥178.30 Million | CN¥95.65 Million | ▼ -15.2% |
| 2001 | 0.63x | CN¥292.80 Million | CN¥185.16 Million | ▼ -27.3% |
| 2000 | 0.87x | CN¥136.96 Million | CN¥119.11 Million | ▲ +54.5% |
| 1998 | 0.56x | CN¥65.65 Million | CN¥36.96 Million | — |