Zhejiang Xinneng Photovoltaic Technology Co Ltd Capital Reinvestment Ratio

Latest as of September 2025: 0.51x

Zhejiang Xinneng Photovoltaic Technology Co Ltd 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 603105 FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

0.51x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥185.80 Million
CNY

Capital Expenditures

CN¥95.11 Million
CNY

Data as of

Sep 2025
Most recent filing

Capital Reinvestment Ratio of Zhejiang Xinneng Photovoltaic Technology Co Ltd (2013–2024)

Capital reinvestment ratio of Zhejiang Xinneng Photovoltaic Technology Co Ltd from 2013 to 2024. This chart tracks Zhejiang Xinneng Photovoltaic Technology Co Ltd's Capital Reinvestment Ratio across 10 annual periods. See Zhejiang Xinneng Photovoltaic Technology (603105) financial flexibility to measure the company's free cash flow as a share of total liabilities.

Zhejiang Xinneng Photovoltaic Technology Co Ltd Capital Reinvestment Ratio by Year (2013–2024)

Zhejiang Xinneng Photovoltaic Technology Co Ltd capital reinvestment ratio by year from 2013 to 2024. For the full cash flow conversion analysis, see Zhejiang Xinneng Photovoltaic Technology cash conversion from operations.

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 —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow