Hongfa Technology Co Ltd (600885) — Capital Reinvestment Ratio
Hongfa Technology Co Ltd (600885) has a Capital Reinvestment Ratio of 0.36x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥762.14 Million) in capital expenditures (CN¥271.39 Million). Check 600885 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Hongfa Technology Co Ltd Capital Reinvestment Ratio (2000–2025)
This chart tracks Hongfa Technology Co Ltd's Capital Reinvestment Ratio across 26 annual periods. For the full cash flow conversion analysis, see how efficiently does Hongfa Technology Co Ltd generate cash.
Annual Capital Reinvestment Ratio for Hongfa Technology Co Ltd (2000–2025)
Year-by-year Capital Reinvestment Ratio for Hongfa Technology Co Ltd from 2000 to 2025. See Hongfa Technology 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 | 0.40x | CN¥2.97 Billion | CN¥1.18 Billion | ▼ -23.1% |
| 2024 | 0.52x | CN¥2.23 Billion | CN¥1.16 Billion | ▲ +33.3% |
| 2023 | 0.39x | CN¥2.66 Billion | CN¥1.03 Billion | ▼ -59.2% |
| 2022 | 0.95x | CN¥1.59 Billion | CN¥1.52 Billion | ▼ -6.1% |
| 2021 | 1.01x | CN¥911.84 Million | CN¥924.76 Million | ▲ +7.7% |
| 2020 | 0.94x | CN¥719.59 Million | CN¥677.38 Million | ▲ +104.1% |
| 2019 | 0.46x | CN¥1.68 Billion | CN¥775.38 Million | ▼ -53.8% |
| 2018 | 1.00x | CN¥827.47 Million | CN¥826.45 Million | ▼ -2.8% |
| 2017 | 1.03x | CN¥650.31 Million | CN¥668.41 Million | ▼ -3.5% |
| 2016 | 1.06x | CN¥497.71 Million | CN¥529.89 Million | ▲ +24.8% |
| 2015 | 0.85x | CN¥758.18 Million | CN¥646.66 Million | ▼ -25.9% |
| 2014 | 1.15x | CN¥351.69 Million | CN¥404.62 Million | ▲ +160.3% |
| 2013 | 0.44x | CN¥460.69 Million | CN¥203.61 Million | ▲ +56.9% |
| 2012 | 0.28x | CN¥330.63 Million | CN¥93.10 Million | ▲ +404.7% |
| 2011 | 0.06x | CN¥195.24 Million | CN¥10.89 Million | ▼ -75.9% |
| 2010 | 0.23x | CN¥74.30 Million | CN¥17.23 Million | ▼ -81.0% |
| 2009 | 1.22x | CN¥30.38 Million | CN¥37.12 Million | ▼ -19.9% |
| 2008 | 1.52x | CN¥58.59 Million | CN¥89.32 Million | ▲ +127.1% |
| 2007 | 0.67x | CN¥39.16 Million | CN¥26.28 Million | ▲ +11.2% |
| 2006 | 0.60x | CN¥68.84 Million | CN¥41.56 Million | ▲ +28.6% |
| 2005 | 0.47x | CN¥64.06 Million | CN¥30.07 Million | ▼ -98.8% |
| 2004 | 38.28x | CN¥1.68 Million | CN¥64.20 Million | ▲ +6113.3% |
| 2003 | 0.62x | CN¥75.78 Million | CN¥46.69 Million | ▼ -41.1% |
| 2002 | 1.05x | CN¥42.90 Million | CN¥44.91 Million | ▼ -47.3% |
| 2001 | 1.99x | CN¥5.42 Million | CN¥10.77 Million | ▲ +1587.1% |
| 2000 | 0.12x | CN¥6.07 Million | CN¥714.79K | — |