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). See Ming Yang Smart Energy Group Ltd balance sheet independence to measure how much of total assets are equity-financed.
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. Check 601615 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
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. For live market cap and broader valuation context, see Ming Yang Smart Energy Group Ltd stock valuation.
| 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 | — |