Zhejiang Wansheng Co Ltd (603010) — Capital Reinvestment Ratio

Latest as of June 2023: 1.84x

Zhejiang Wansheng Co Ltd (603010) has a Capital Reinvestment Ratio of 1.84x as of June 2023, meaning it reinvests 2% of its operating cash flow (CN¥150.31 Million) in capital expenditures (CN¥276.27 Million). Check tangible net worth ratio of Zhejiang Wansheng Co Ltd to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

1.84x

Capex / Operating Cash Flow

Operating Cash Flow

CN¥150.31 Million

CNY

Capital Expenditures

CN¥276.27 Million

CNY

Data as of

Jun 2023

Most recent filing

Zhejiang Wansheng Co Ltd Capital Reinvestment Ratio (2011–2024)

This chart tracks Zhejiang Wansheng Co Ltd's Capital Reinvestment Ratio across 14 annual periods. For the full cash flow conversion analysis, see Zhejiang Wansheng Co Ltd cash flow conversion.

Annual Capital Reinvestment Ratio for Zhejiang Wansheng Co Ltd (2011–2024)

Year-by-year Capital Reinvestment Ratio for Zhejiang Wansheng Co Ltd from 2011 to 2024. See 603010 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	1.11x	CN¥378.40 Million	CN¥419.74 Million	▼ -29.1%
2023	1.56x	CN¥626.91 Million	CN¥980.84 Million	▼ -27.0%
2022	2.14x	CN¥505.53 Million	CN¥1.08 Billion	▲ +575.1%
2021	0.32x	CN¥841.22 Million	CN¥266.96 Million	▼ -28.5%
2020	0.44x	CN¥402.47 Million	CN¥178.74 Million	▼ -49.5%
2019	0.88x	CN¥203.89 Million	CN¥179.42 Million	▼ -57.1%
2018	2.05x	CN¥74.34 Million	CN¥152.35 Million	▼ -4.4%
2017	2.14x	CN¥130.59 Million	CN¥280.03 Million	▲ +71.3%
2016	1.25x	CN¥134.08 Million	CN¥167.85 Million	▲ +378.5%
2015	0.26x	CN¥122.73 Million	CN¥32.11 Million	▼ -75.9%
2014	1.08x	CN¥46.65 Million	CN¥50.56 Million	▼ -0.7%
2013	1.09x	CN¥50.25 Million	CN¥54.88 Million	▼ -9.8%
2012	1.21x	CN¥48.62 Million	CN¥58.84 Million	▲ +104.6%
2011	0.59x	CN¥77.97 Million	CN¥46.11 Million	—

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