China First Heavy Industries (601106) — Capital Reinvestment Ratio
China First Heavy Industries (601106) has a Capital Reinvestment Ratio of 0.12x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥490.58 Million) in capital expenditures (CN¥59.36 Million). Check tangible equity quality of China First Heavy Industries to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
China First Heavy Industries Capital Reinvestment Ratio (2013–2024)
This chart tracks China First Heavy Industries's Capital Reinvestment Ratio across 9 annual periods. For the full cash flow conversion analysis, see China First Heavy Industries cash conversion from operations.
Annual Capital Reinvestment Ratio for China First Heavy Industries (2013–2024)
Year-by-year Capital Reinvestment Ratio for China First Heavy Industries from 2013 to 2024. See China First Heavy Industries 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 | 1.07x | CN¥473.22 Million | CN¥508.41 Million | ▼ -73.9% |
| 2023 | 4.11x | CN¥143.39 Million | CN¥589.75 Million | ▲ +1606.0% |
| 2021 | 0.24x | CN¥682.17 Million | CN¥164.46 Million | ▼ -60.9% |
| 2020 | 0.62x | CN¥690.49 Million | CN¥426.15 Million | ▲ +168.0% |
| 2019 | 0.23x | CN¥1.92 Billion | CN¥441.69 Million | ▼ -61.7% |
| 2018 | 0.60x | CN¥684.44 Million | CN¥411.44 Million | ▲ +33.3% |
| 2017 | 0.45x | CN¥983.43 Million | CN¥443.62 Million | ▼ -55.6% |
| 2016 | 1.02x | CN¥500.34 Million | CN¥507.99 Million | ▲ +387.2% |
| 2013 | 0.21x | CN¥1.48 Billion | CN¥309.42 Million | — |