ZJMI Environmental Energy Co. Ltd. (603071) — Capital Reinvestment Ratio

Latest as of December 2023: 0.33x

ZJMI Environmental Energy Co. Ltd. (603071) has a Capital Reinvestment Ratio of 0.33x as of December 2023, meaning it reinvests 0% of its operating cash flow (CN¥1.02 Billion) in capital expenditures (CN¥333.75 Million). Check 603071 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.33x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥1.02 Billion
CNY

Capital Expenditures

CN¥333.75 Million
CNY

Data as of

Dec 2023
Most recent filing

ZJMI Environmental Energy Co. Ltd. Capital Reinvestment Ratio (2019–2023)

This chart tracks ZJMI Environmental Energy Co. Ltd.'s Capital Reinvestment Ratio across 5 annual periods. For the full cash flow conversion analysis, see ZJMI Environmental Energy Co. Ltd. (603071) cash conversion ratio.

Annual Capital Reinvestment Ratio for ZJMI Environmental Energy Co. Ltd. (2019–2023)

Year-by-year Capital Reinvestment Ratio for ZJMI Environmental Energy Co. Ltd. from 2019 to 2023. See 603071 cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2023 0.33x CN¥1.02 Billion CN¥333.75 Million ▼ -97.7%
2022 14.24x CN¥29.76 Million CN¥423.74 Million ▲ +5343.1%
2021 0.26x CN¥1.95 Billion CN¥508.77 Million ▼ -64.7%
2020 0.74x CN¥403.13 Million CN¥299.01 Million ▲ +550.9%
2019 0.11x CN¥1.20 Billion CN¥136.37 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow