Fuda Alloy Materials Co Ltd (603045) — Capital Reinvestment Ratio

Latest as of December 2023: 0.44x

Fuda Alloy Materials Co Ltd (603045) has a Capital Reinvestment Ratio of 0.44x as of December 2023, meaning it reinvests 0% of its operating cash flow (CN¥10.32 Million) in capital expenditures (CN¥4.49 Million). Check Fuda Alloy Materials Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.44x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥10.32 Million
CNY

Capital Expenditures

CN¥4.49 Million
CNY

Data as of

Dec 2023
Most recent filing

Fuda Alloy Materials Co Ltd Capital Reinvestment Ratio (2013–2022)

This chart tracks Fuda Alloy Materials Co Ltd's Capital Reinvestment Ratio across 8 annual periods. For the full cash flow conversion analysis, see 603045 cash flow metrics.

Annual Capital Reinvestment Ratio for Fuda Alloy Materials Co Ltd (2013–2022)

Year-by-year Capital Reinvestment Ratio for Fuda Alloy Materials Co Ltd from 2013 to 2022. See 603045 free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2022 0.37x CN¥253.27 Million CN¥94.95 Million ▼ -96.8%
2020 11.78x CN¥9.29 Million CN¥109.38 Million ▲ +2283.1%
2018 0.49x CN¥59.04 Million CN¥29.19 Million ▼ -81.1%
2017 2.62x CN¥53.55 Million CN¥140.11 Million ▲ +23.8%
2016 2.11x CN¥17.87 Million CN¥37.77 Million ▲ +705.0%
2015 0.26x CN¥78.18 Million CN¥20.52 Million ▼ -83.1%
2014 1.56x CN¥7.20 Million CN¥11.22 Million ▲ +1055.5%
2013 0.13x CN¥72.57 Million CN¥9.78 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow