AVIC Heavy Machinery Co Ltd (600765) — Capital Reinvestment Ratio

Latest as of December 2023: 0.40x

AVIC Heavy Machinery Co Ltd (600765) has a Capital Reinvestment Ratio of 0.40x as of December 2023, meaning it reinvests 0% of its operating cash flow (CN¥1.05 Billion) in capital expenditures (CN¥423.53 Million). See how much free cash does AVIC Heavy Machinery Co Ltd generate to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

0.40x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥1.05 Billion
CNY

Capital Expenditures

CN¥423.53 Million
CNY

Data as of

Dec 2023
Most recent filing

AVIC Heavy Machinery Co Ltd Capital Reinvestment Ratio (1998–2023)

This chart tracks AVIC Heavy Machinery Co Ltd's Capital Reinvestment Ratio across 21 annual periods.

Annual Capital Reinvestment Ratio for AVIC Heavy Machinery Co Ltd (1998–2023)

Year-by-year Capital Reinvestment Ratio for AVIC Heavy Machinery Co Ltd from 1998 to 2023. For live market cap and broader valuation context, see market value of AVIC Heavy Machinery Co Ltd.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2023 1.86x CN¥593.62 Million CN¥1.10 Billion ▲ +64.2%
2022 1.13x CN¥774.38 Million CN¥877.80 Million ▲ +177.6%
2021 0.41x CN¥1.52 Billion CN¥619.69 Million ▼ -40.7%
2020 0.69x CN¥658.44 Million CN¥453.63 Million ▲ +105.9%
2019 0.33x CN¥783.44 Million CN¥262.11 Million ▼ -64.8%
2018 0.95x CN¥384.84 Million CN¥366.23 Million ▲ +62.2%
2017 0.59x CN¥909.87 Million CN¥533.70 Million ▼ -85.8%
2016 4.12x CN¥175.00 Million CN¥721.59 Million ▲ +303.3%
2015 1.02x CN¥639.94 Million CN¥654.24 Million ▼ -80.0%
2014 5.12x CN¥144.29 Million CN¥739.05 Million ▲ +2.2%
2013 5.01x CN¥208.09 Million CN¥1.04 Billion ▼ -62.6%
2010 13.40x CN¥32.45 Million CN¥435.02 Million ▲ +1434.5%
2007 0.87x CN¥99.32 Million CN¥86.76 Million ▲ +117.6%
2006 0.40x CN¥20.31 Million CN¥8.15 Million ▼ -46.0%
2005 0.74x CN¥20.50 Million CN¥15.23 Million ▲ +24.2%
2004 0.60x CN¥19.35 Million CN¥11.58 Million ▼ -33.1%
2003 0.89x CN¥25.66 Million CN¥22.94 Million ▲ +74.0%
2002 0.51x CN¥14.41 Million CN¥7.40 Million ▲ +224.6%
2001 0.16x CN¥13.86 Million CN¥2.19 Million ▼ -62.7%
2000 0.42x CN¥7.34 Million CN¥3.11 Million ▼ -79.0%
1998 2.02x CN¥8.90 Million CN¥17.95 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow