Zhejiang Xinneng Photovoltaic Technology Co Ltd (603105) — Capital Reinvestment Ratio
Zhejiang Xinneng Photovoltaic Technology Co Ltd (603105) has a Capital Reinvestment Ratio of 0.51x as of September 2025, meaning it reinvests 1% of its operating cash flow (CN¥185.80 Million) in capital expenditures (CN¥95.11 Million). See Zhejiang Xinneng Photovoltaic Technology free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Zhejiang Xinneng Photovoltaic Technology Co Ltd Capital Reinvestment Ratio (2013–2024)
This chart tracks Zhejiang Xinneng Photovoltaic Technology Co Ltd's Capital Reinvestment Ratio across 10 annual periods.
Annual Capital Reinvestment Ratio for Zhejiang Xinneng Photovoltaic Technology Co Ltd (2013–2024)
Year-by-year Capital Reinvestment Ratio for Zhejiang Xinneng Photovoltaic Technology Co Ltd from 2013 to 2024. For live market cap and broader valuation context, see Zhejiang Xinneng Photovoltaic Technology (603105) total market value.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.95x | CN¥388.83 Million | CN¥370.11 Million | ▼ -35.6% |
| 2023 | 1.48x | CN¥359.06 Million | CN¥530.52 Million | ▲ +89.1% |
| 2022 | 0.78x | CN¥572.88 Million | CN¥447.58 Million | ▼ -14.0% |
| 2021 | 0.91x | CN¥378.29 Million | CN¥343.67 Million | ▲ +13.9% |
| 2020 | 0.80x | CN¥256.07 Million | CN¥204.33 Million | ▼ -36.2% |
| 2019 | 1.25x | CN¥219.52 Million | CN¥274.71 Million | ▼ -34.6% |
| 2017 | 1.91x | CN¥185.55 Million | CN¥355.01 Million | ▲ +363.2% |
| 2015 | 0.41x | CN¥122.02 Million | CN¥50.40 Million | ▼ -52.0% |
| 2014 | 0.86x | CN¥56.16 Million | CN¥48.32 Million | ▼ -59.9% |
| 2013 | 2.15x | CN¥25.98 Million | CN¥55.74 Million | — |