Zheshang Securities Co Ltd (601878) — Capital Reinvestment Ratio

Latest as of June 2026: 0.01x

Zheshang Securities Co Ltd (601878) has a Capital Reinvestment Ratio of 0.01x as of June 2026, meaning it reinvests 0% of its operating cash flow (CN¥8.87 Billion) in capital expenditures (CN¥45.72 Million). Check tangible net worth ratio of Zheshang Securities Co Ltd to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.01x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥8.87 Billion
CNY

Capital Expenditures

CN¥45.72 Million
CNY

Data as of

Jun 2026
Most recent filing

Zheshang Securities Co Ltd Capital Reinvestment Ratio (2006–2024)

This chart tracks Zheshang Securities Co Ltd's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see how efficiently does Zheshang Securities Co Ltd generate cash.

Annual Capital Reinvestment Ratio for Zheshang Securities Co Ltd (2006–2024)

Year-by-year Capital Reinvestment Ratio for Zheshang Securities Co Ltd from 2006 to 2024. See 601878 cash flow after capex ratio 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¥6.29 Billion CN¥286.50 Million ▲ +10.2%
2023 0.04x CN¥5.91 Billion CN¥244.36 Million ▼ -91.3%
2022 0.48x CN¥523.06 Million CN¥248.88 Million ▲ +222.9%
2021 0.15x CN¥1.73 Billion CN¥254.28 Million ▼ -43.6%
2019 0.26x CN¥406.22 Million CN¥106.17 Million ▲ +751.1%
2015 0.03x CN¥3.64 Billion CN¥111.78 Million ▼ -65.9%
2014 0.09x CN¥8.24 Billion CN¥740.63 Million ▲ +609.5%
2009 0.01x CN¥5.80 Billion CN¥73.53 Million ▲ +117.7%
2007 0.01x CN¥5.45 Billion CN¥31.76 Million ▲ +10.8%
2006 0.01x CN¥1.15 Billion CN¥6.06 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow