Ming Yang Smart Energy Group Ltd Capital Reinvestment Ratio

Latest as of September 2024: 20.34x

Ming Yang Smart Energy Group Ltd 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 cash flow reinvestment rate of Ming Yang Smart Energy Group Ltd to assess the company's total reinvestment commitment from operating cash flow.

Capital Reinvestment Ratio

20.34x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥97.33 Million
CNY

Capital Expenditures

CN¥1.98 Billion
CNY

Data as of

Sep 2024
Most recent filing

Capital Reinvestment Ratio of Ming Yang Smart Energy Group Ltd (2009–2021)

Capital reinvestment ratio of Ming Yang Smart Energy Group Ltd from 2009 to 2021. This chart tracks Ming Yang Smart Energy Group Ltd's Capital Reinvestment Ratio across 9 annual periods. Also explore how fast is Ming Yang Smart Energy Group Ltd growing its equity to track the company's year-over-year net asset growth rate.

Ming Yang Smart Energy Group Ltd Capital Reinvestment Ratio by Year (2009–2021)

Ming Yang Smart Energy Group Ltd capital reinvestment ratio by year from 2009 to 2021. For the full cash flow conversion analysis, see Ming Yang Smart Energy Group Ltd (601615) cash flow conversion.

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 —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow