Shandong Swan Cotton (603029) — Capital Reinvestment Ratio
Shandong Swan Cotton (603029) has a Capital Reinvestment Ratio of 0.04x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥65.56 Million) in capital expenditures (CN¥2.85 Million). Check 603029 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Shandong Swan Cotton Capital Reinvestment Ratio (2011–2023)
This chart tracks Shandong Swan Cotton's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see Shandong Swan Cotton (603029) cash conversion ratio.
Annual Capital Reinvestment Ratio for Shandong Swan Cotton (2011–2023)
Year-by-year Capital Reinvestment Ratio for Shandong Swan Cotton from 2011 to 2023. See Shandong Swan Cotton 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 |
|---|---|---|---|---|
| 2023 | 0.27x | CN¥160.76 Million | CN¥42.85 Million | ▲ +74.2% |
| 2021 | 0.15x | CN¥156.50 Million | CN¥23.94 Million | ▼ -97.3% |
| 2020 | 5.72x | CN¥2.70 Million | CN¥15.42 Million | ▲ +6357.4% |
| 2019 | 0.09x | CN¥105.92 Million | CN¥9.38 Million | ▼ -30.6% |
| 2016 | 0.13x | CN¥32.10 Million | CN¥4.09 Million | ▼ -68.8% |
| 2015 | 0.41x | CN¥28.59 Million | CN¥11.68 Million | ▼ -45.3% |
| 2014 | 0.75x | CN¥47.33 Million | CN¥35.35 Million | ▲ +132.9% |
| 2013 | 0.32x | CN¥90.63 Million | CN¥29.07 Million | ▼ -90.4% |
| 2012 | 3.34x | CN¥9.04 Million | CN¥30.23 Million | ▼ -12.7% |
| 2011 | 3.83x | CN¥41.71 Million | CN¥159.75 Million | — |