Apple Flavor&Fragrance Grp (603020) — Capital Reinvestment Ratio

Latest as of September 2025: 0.04x

Apple Flavor&Fragrance Grp (603020) has a Capital Reinvestment Ratio of 0.04x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥88.72 Million) in capital expenditures (CN¥3.57 Million). Check 603020 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.04x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥88.72 Million
CNY

Capital Expenditures

CN¥3.57 Million
CNY

Data as of

Sep 2025
Most recent filing

Apple Flavor&Fragrance Grp Capital Reinvestment Ratio (2011–2025)

This chart tracks Apple Flavor&Fragrance Grp's Capital Reinvestment Ratio across 14 annual periods. For the full cash flow conversion analysis, see Apple Flavor&Fragrance Grp cash flow conversion.

Annual Capital Reinvestment Ratio for Apple Flavor&Fragrance Grp (2011–2025)

Year-by-year Capital Reinvestment Ratio for Apple Flavor&Fragrance Grp from 2011 to 2025. See Apple Flavor&Fragrance Grp free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2025 1.10x CN¥33.50 Million CN¥36.88 Million ▲ +171.8%
2024 0.41x CN¥219.14 Million CN¥88.79 Million ▼ -34.5%
2023 0.62x CN¥243.90 Million CN¥150.97 Million ▼ -74.6%
2022 2.44x CN¥82.42 Million CN¥201.04 Million ▲ +2.8%
2021 2.37x CN¥136.87 Million CN¥324.86 Million ▲ +274.8%
2020 0.63x CN¥220.24 Million CN¥139.48 Million ▲ +26.4%
2019 0.50x CN¥214.37 Million CN¥107.39 Million ▼ -64.5%
2017 1.41x CN¥47.10 Million CN¥66.54 Million ▲ +525.9%
2016 0.23x CN¥157.51 Million CN¥35.55 Million ▲ +219.0%
2015 0.07x CN¥188.08 Million CN¥13.31 Million ▼ -43.6%
2014 0.13x CN¥117.37 Million CN¥14.72 Million ▼ -35.4%
2013 0.19x CN¥145.20 Million CN¥28.18 Million ▲ +10.1%
2012 0.18x CN¥128.92 Million CN¥22.73 Million ▼ -68.8%
2011 0.56x CN¥83.12 Million CN¥46.92 Million —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow