Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A (603173) — Capital Reinvestment Ratio

Latest as of December 2024: 0.27x

Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A (603173) has a Capital Reinvestment Ratio of 0.27x as of December 2024, meaning it reinvests 0% of its operating cash flow (CN¥401.22 Million) in capital expenditures (CN¥110.15 Million). Check 603173 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.27x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥401.22 Million
CNY

Capital Expenditures

CN¥110.15 Million
CNY

Data as of

Dec 2024
Most recent filing

Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A Capital Reinvestment Ratio (2021–2024)

This chart tracks Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A's Capital Reinvestment Ratio across 4 annual periods. For the full cash flow conversion analysis, see Hangzhou Fortune Gas Cryogenic Group Co. (603173) cash conversion ratio.

Annual Capital Reinvestment Ratio for Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A (2021–2024)

Year-by-year Capital Reinvestment Ratio for Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A from 2021 to 2024. See Hangzhou Fortune Gas Cryogenic Group Co. free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2024 0.27x CN¥401.22 Million CN¥110.15 Million ▲ +27.3%
2023 0.22x CN¥514.07 Million CN¥110.85 Million ▼ -92.0%
2022 2.69x CN¥20.98 Million CN¥56.45 Million ▲ +1.4%
2021 2.65x CN¥21.26 Million CN¥56.41 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow