Shenzhen Kinwong Electronic Co Ltd (603228) — Capital Reinvestment Ratio
Shenzhen Kinwong Electronic Co Ltd (603228) has a Capital Reinvestment Ratio of 2.23x as of December 2025, meaning it reinvests 2% of its operating cash flow (CN¥403.82 Million) in capital expenditures (CN¥901.53 Million). Check 603228 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Shenzhen Kinwong Electronic Co Ltd Capital Reinvestment Ratio (2011–2025)
This chart tracks Shenzhen Kinwong Electronic Co Ltd's Capital Reinvestment Ratio across 15 annual periods. For the full cash flow conversion analysis, see 603228 operating cash flow.
Annual Capital Reinvestment Ratio for Shenzhen Kinwong Electronic Co Ltd (2011–2025)
Year-by-year Capital Reinvestment Ratio for Shenzhen Kinwong Electronic Co Ltd from 2011 to 2025. See free cash flow generation of Shenzhen Kinwong Electronic Co Ltd to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.43x | CN¥1.93 Billion | CN¥2.77 Billion | ▲ +77.6% |
| 2024 | 0.81x | CN¥2.29 Billion | CN¥1.85 Billion | ▲ +18.3% |
| 2023 | 0.68x | CN¥2.13 Billion | CN¥1.45 Billion | ▼ -43.9% |
| 2022 | 1.21x | CN¥1.56 Billion | CN¥1.89 Billion | ▼ -42.0% |
| 2021 | 2.09x | CN¥1.14 Billion | CN¥2.39 Billion | ▲ +70.2% |
| 2020 | 1.23x | CN¥1.53 Billion | CN¥1.88 Billion | ▲ +16.6% |
| 2019 | 1.05x | CN¥873.59 Million | CN¥920.97 Million | ▲ +58.9% |
| 2018 | 0.66x | CN¥803.84 Million | CN¥533.20 Million | ▼ -19.4% |
| 2017 | 0.82x | CN¥716.26 Million | CN¥589.41 Million | ▲ +31.0% |
| 2016 | 0.63x | CN¥541.05 Million | CN¥340.00 Million | ▲ +38.9% |
| 2015 | 0.45x | CN¥565.35 Million | CN¥255.78 Million | ▼ -49.4% |
| 2014 | 0.89x | CN¥359.60 Million | CN¥321.58 Million | ▼ -18.7% |
| 2013 | 1.10x | CN¥231.49 Million | CN¥254.60 Million | ▲ +70.3% |
| 2012 | 0.65x | CN¥250.91 Million | CN¥162.01 Million | ▼ -49.8% |
| 2011 | 1.29x | CN¥94.25 Million | CN¥121.26 Million | — |