Zhejiang Tiancheng Control Co (603085) — Capital Reinvestment Ratio

Latest as of September 2025: 0.45x

Zhejiang Tiancheng Control Co (603085) has a Capital Reinvestment Ratio of 0.45x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥99.69 Million) in capital expenditures (CN¥44.38 Million). Check Zhejiang Tiancheng Control Co (603085) tangible net worth to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.45x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥99.69 Million
CNY

Capital Expenditures

CN¥44.38 Million
CNY

Data as of

Sep 2025
Most recent filing

Zhejiang Tiancheng Control Co Capital Reinvestment Ratio (2012–2025)

This chart tracks Zhejiang Tiancheng Control Co's Capital Reinvestment Ratio across 12 annual periods. For the full cash flow conversion analysis, see Zhejiang Tiancheng Control Co operating cash flow efficiency.

Annual Capital Reinvestment Ratio for Zhejiang Tiancheng Control Co (2012–2025)

Year-by-year Capital Reinvestment Ratio for Zhejiang Tiancheng Control Co from 2012 to 2025. See 603085 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
2025 0.18x CN¥576.15 Million CN¥102.12 Million ▼ -97.5%
2024 6.99x CN¥32.43 Million CN¥226.76 Million ▲ +110.6%
2023 3.32x CN¥50.06 Million CN¥166.23 Million ▲ +131.6%
2022 1.43x CN¥89.49 Million CN¥128.32 Million ▼ -13.8%
2021 1.66x CN¥87.42 Million CN¥145.37 Million ▲ +9.6%
2020 1.52x CN¥50.25 Million CN¥76.20 Million ▼ -81.0%
2019 8.00x CN¥16.08 Million CN¥128.63 Million ▲ +122.9%
2016 3.59x CN¥39.31 Million CN¥141.04 Million ▲ +142.4%
2015 1.48x CN¥22.40 Million CN¥33.16 Million ▲ +148.1%
2014 0.60x CN¥35.64 Million CN¥21.26 Million ▼ -65.0%
2013 1.70x CN¥25.96 Million CN¥44.24 Million ▲ +440.2%
2012 0.32x CN¥30.18 Million CN¥9.52 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow