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). Check 603105 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
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. For the full cash flow conversion analysis, see Zhejiang Xinneng Photovoltaic Technology (603105) cash flow conversion.
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. See Zhejiang Xinneng Photovoltaic Technology 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 |
|---|---|---|---|---|
| 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 | — |