Top Energy Shanxi Co Ltd (600780) — Capital Reinvestment Ratio
Top Energy Shanxi Co Ltd (600780) has a Capital Reinvestment Ratio of 0.29x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥460.49 Million) in capital expenditures (CN¥134.87 Million). Check 600780 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
Top Energy Shanxi Co Ltd Capital Reinvestment Ratio (1998–2025)
This chart tracks Top Energy Shanxi Co Ltd's Capital Reinvestment Ratio across 28 annual periods. For the full cash flow conversion analysis, see Top Energy Shanxi Co Ltd (600780) cash flow conversion.
Annual Capital Reinvestment Ratio for Top Energy Shanxi Co Ltd (1998–2025)
Year-by-year Capital Reinvestment Ratio for Top Energy Shanxi Co Ltd from 1998 to 2025. See Top Energy Shanxi Co Ltd free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.68x | CN¥1.35 Billion | CN¥916.75 Million | ▲ +64.2% |
| 2024 | 0.41x | CN¥1.17 Billion | CN¥480.33 Million | ▼ -1.4% |
| 2023 | 0.42x | CN¥904.01 Million | CN¥377.92 Million | ▼ -6.2% |
| 2022 | 0.45x | CN¥1.32 Billion | CN¥590.15 Million | ▼ -28.0% |
| 2021 | 0.62x | CN¥910.33 Million | CN¥563.44 Million | ▼ -0.8% |
| 2020 | 0.62x | CN¥1.03 Billion | CN¥643.26 Million | ▼ -8.9% |
| 2019 | 0.68x | CN¥1.07 Billion | CN¥732.40 Million | ▼ -32.2% |
| 2018 | 1.01x | CN¥1.13 Billion | CN¥1.14 Billion | ▼ -24.4% |
| 2017 | 1.34x | CN¥931.79 Million | CN¥1.24 Billion | ▲ +2.2% |
| 2016 | 1.31x | CN¥1.14 Billion | CN¥1.49 Billion | ▲ +66.1% |
| 2015 | 0.79x | CN¥1.12 Billion | CN¥881.07 Million | ▲ +12.8% |
| 2014 | 0.70x | CN¥1.45 Billion | CN¥1.01 Billion | ▼ -17.0% |
| 2013 | 0.84x | CN¥1.42 Billion | CN¥1.19 Billion | ▼ -11.3% |
| 2012 | 0.95x | CN¥1.19 Billion | CN¥1.13 Billion | ▲ +2.2% |
| 2011 | 0.93x | CN¥998.26 Million | CN¥925.45 Million | ▲ +260.6% |
| 2010 | 0.26x | CN¥529.76 Million | CN¥136.20 Million | ▲ +68.8% |
| 2009 | 0.15x | CN¥489.99 Million | CN¥74.64 Million | ▼ -41.6% |
| 2008 | 0.26x | CN¥357.04 Million | CN¥93.09 Million | ▼ -40.3% |
| 2007 | 0.44x | CN¥425.10 Million | CN¥185.59 Million | ▲ +140.9% |
| 2006 | 0.18x | CN¥853.41 Million | CN¥154.63 Million | ▲ +62.6% |
| 2005 | 0.11x | CN¥824.29 Million | CN¥91.84 Million | ▲ +21.5% |
| 2004 | 0.09x | CN¥868.13 Million | CN¥79.63 Million | ▼ -30.4% |
| 2003 | 0.13x | CN¥898.31 Million | CN¥118.46 Million | ▲ +22.8% |
| 2002 | 0.11x | CN¥135.58 Million | CN¥14.56 Million | ▲ +20.6% |
| 2001 | 0.09x | CN¥141.76 Million | CN¥12.63 Million | ▼ -22.2% |
| 2000 | 0.11x | CN¥133.94 Million | CN¥15.34 Million | ▼ -91.1% |
| 1999 | 1.29x | CN¥114.41 Million | CN¥147.60 Million | ▼ -56.1% |
| 1998 | 2.94x | CN¥31.51 Million | CN¥92.51 Million | — |