Ming Yang Smart Energy Group Ltd (601615) — Capital Reinvestment Ratio
Ming Yang Smart Energy Group Ltd (601615) has a Capital Reinvestment Ratio of 20.34x as of September 2024, meaning it reinvests 20% of its operating cash flow (CN¥97.33 Million) in capital expenditures (CN¥1.98 Billion). Check Ming Yang Smart Energy Group Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Ming Yang Smart Energy Group Ltd Capital Reinvestment Ratio (2009–2021)
This chart tracks Ming Yang Smart Energy Group Ltd's Capital Reinvestment Ratio across 9 annual periods. For the full cash flow conversion analysis, see Ming Yang Smart Energy Group Ltd operating cash flow efficiency.
Annual Capital Reinvestment Ratio for Ming Yang Smart Energy Group Ltd (2009–2021)
Year-by-year Capital Reinvestment Ratio for Ming Yang Smart Energy Group Ltd from 2009 to 2021. See how much free cash does Ming Yang Smart Energy Group Ltd generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2021 | 1.37x | CN¥5.40 Billion | CN¥7.39 Billion | ▲ +50.3% |
| 2020 | 0.91x | CN¥3.63 Billion | CN¥3.31 Billion | ▲ +123.9% |
| 2019 | 0.41x | CN¥5.76 Billion | CN¥2.34 Billion | ▼ -93.5% |
| 2018 | 6.25x | CN¥276.32 Million | CN¥1.73 Billion | ▲ +358.3% |
| 2017 | 1.36x | CN¥1.29 Billion | CN¥1.76 Billion | ▼ -84.5% |
| 2016 | 8.77x | CN¥91.40 Million | CN¥801.56 Million | ▲ +225.6% |
| 2015 | 2.69x | CN¥112.62 Million | CN¥303.30 Million | ▲ +896.1% |
| 2014 | 0.27x | CN¥1.28 Billion | CN¥347.32 Million | ▲ +72.9% |
| 2009 | 0.16x | CN¥370.74 Million | CN¥57.96 Million | — |