Rongsheng Paper (603165) — Capital Reinvestment Ratio

Latest as of June 2024: 0.24x

Rongsheng Paper (603165) has a Capital Reinvestment Ratio of 0.24x as of June 2024, meaning it reinvests 0% of its operating cash flow (CN¥68.37 Million) in capital expenditures (CN¥16.35 Million). Check Rongsheng Paper (603165) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.24x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥68.37 Million
CNY

Capital Expenditures

CN¥16.35 Million
CNY

Data as of

Jun 2024
Most recent filing

Rongsheng Paper Capital Reinvestment Ratio (2011–2024)

This chart tracks Rongsheng Paper's Capital Reinvestment Ratio across 14 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Rongsheng Paper.

Annual Capital Reinvestment Ratio for Rongsheng Paper (2011–2024)

Year-by-year Capital Reinvestment Ratio for Rongsheng Paper from 2011 to 2024. See Rongsheng Paper (603165) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2024 0.63x CN¥111.30 Million CN¥70.48 Million ▲ +117.1%
2023 0.29x CN¥250.96 Million CN¥73.19 Million ▼ -45.8%
2022 0.54x CN¥257.04 Million CN¥138.23 Million ▼ -42.0%
2021 0.93x CN¥101.52 Million CN¥94.17 Million ▲ +13.6%
2020 0.82x CN¥230.02 Million CN¥187.90 Million ▲ +341.3%
2019 0.19x CN¥425.82 Million CN¥78.83 Million ▲ +215.2%
2018 0.06x CN¥331.99 Million CN¥19.50 Million ▼ -87.8%
2017 0.48x CN¥54.77 Million CN¥26.46 Million ▼ -68.6%
2016 1.54x CN¥64.36 Million CN¥99.01 Million ▲ +320.0%
2015 0.37x CN¥145.65 Million CN¥53.35 Million ▲ +27.8%
2014 0.29x CN¥75.15 Million CN¥21.54 Million ▼ -51.2%
2013 0.59x CN¥80.01 Million CN¥46.97 Million ▲ +50.4%
2012 0.39x CN¥94.66 Million CN¥36.95 Million ▼ -84.5%
2011 2.52x CN¥23.38 Million CN¥59.04 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow