China National Gold Group Gold Jewellery Co Ltd (600916) — Capital Reinvestment Ratio

Latest as of December 2020: 0.36x

China National Gold Group Gold Jewellery Co Ltd (600916) has a Capital Reinvestment Ratio of 0.36x as of December 2020, meaning it reinvests 0% of its operating cash flow (CN¥19.16 Million) in capital expenditures (CN¥6.81 Million). Check China National Gold Group Gold Jewellery (600916) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.36x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥19.16 Million
CNY

Capital Expenditures

CN¥6.81 Million
CNY

Data as of

Dec 2020
Most recent filing

China National Gold Group Gold Jewellery Co Ltd Capital Reinvestment Ratio (2016–2024)

This chart tracks China National Gold Group Gold Jewellery Co Ltd's Capital Reinvestment Ratio across 8 annual periods. For the full cash flow conversion analysis, see China National Gold Group Gold Jewellery (600916) cash conversion ratio.

Annual Capital Reinvestment Ratio for China National Gold Group Gold Jewellery Co Ltd (2016–2024)

Year-by-year Capital Reinvestment Ratio for China National Gold Group Gold Jewellery Co Ltd from 2016 to 2024. See China National Gold Group Gold Jewellery free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2024 0.05x CN¥1.66 Billion CN¥76.85 Million ▲ +21.8%
2023 0.04x CN¥1.58 Billion CN¥60.07 Million ▲ +11.7%
2022 0.03x CN¥1.19 Billion CN¥40.69 Million ▼ -13.5%
2021 0.04x CN¥814.95 Million CN¥32.11 Million ▲ +0.2%
2020 0.04x CN¥555.50 Million CN¥21.83 Million ▼ -57.7%
2019 0.09x CN¥505.49 Million CN¥46.93 Million ▼ -48.8%
2017 0.18x CN¥426.10 Million CN¥77.26 Million ▼ -53.6%
2016 0.39x CN¥102.43 Million CN¥39.99 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow