Hubei Zhenhua Chemical Co Ltd (603067) — Capital Reinvestment Ratio

Latest as of June 2023: 0.76x

Hubei Zhenhua Chemical Co Ltd (603067) has a Capital Reinvestment Ratio of 0.76x as of June 2023, meaning it reinvests 1% of its operating cash flow (CN¥44.82 Million) in capital expenditures (CN¥34.18 Million). Check Hubei Zhenhua Chemical Co Ltd (603067) tangible net worth to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.76x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥44.82 Million
CNY

Capital Expenditures

CN¥34.18 Million
CNY

Data as of

Jun 2023
Most recent filing

Hubei Zhenhua Chemical Co Ltd Capital Reinvestment Ratio (2012–2024)

This chart tracks Hubei Zhenhua Chemical Co Ltd's Capital Reinvestment Ratio across 12 annual periods. For the full cash flow conversion analysis, see 603067 operating cash flow.

Annual Capital Reinvestment Ratio for Hubei Zhenhua Chemical Co Ltd (2012–2024)

Year-by-year Capital Reinvestment Ratio for Hubei Zhenhua Chemical Co Ltd from 2012 to 2024. See 603067 FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2024 0.85x CN¥333.43 Million CN¥284.30 Million ▲ +15.5%
2023 0.74x CN¥396.31 Million CN¥292.66 Million ▲ +39.3%
2022 0.53x CN¥490.98 Million CN¥260.32 Million ▼ -34.4%
2021 0.81x CN¥407.94 Million CN¥329.67 Million ▼ -95.0%
2020 16.18x CN¥6.55 Million CN¥105.97 Million ▲ +13043.7%
2019 0.12x CN¥203.36 Million CN¥25.04 Million ▼ -8.2%
2018 0.13x CN¥81.35 Million CN¥10.91 Million ▼ -75.6%
2016 0.55x CN¥107.94 Million CN¥59.41 Million ▼ -40.0%
2015 0.92x CN¥63.21 Million CN¥57.95 Million ▲ +42.6%
2014 0.64x CN¥124.61 Million CN¥80.09 Million ▼ -45.5%
2013 1.18x CN¥97.84 Million CN¥115.39 Million ▼ -27.9%
2012 1.64x CN¥126.21 Million CN¥206.55 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow