Ningbo Tianlong Electronics Co Ltd (603266) — Capital Reinvestment Ratio

Latest as of September 2025: 0.92x

Ningbo Tianlong Electronics Co Ltd (603266) has a Capital Reinvestment Ratio of 0.92x as of September 2025, meaning it reinvests 1% of its operating cash flow (CN¥13.05 Million) in capital expenditures (CN¥11.95 Million). Check tangible net worth ratio of Ningbo Tianlong Electronics Co Ltd to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.92x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥13.05 Million
CNY

Capital Expenditures

CN¥11.95 Million
CNY

Data as of

Sep 2025
Most recent filing

Ningbo Tianlong Electronics Co Ltd Capital Reinvestment Ratio (2011–2025)

This chart tracks Ningbo Tianlong Electronics Co Ltd's Capital Reinvestment Ratio across 15 annual periods. For the full cash flow conversion analysis, see Ningbo Tianlong Electronics Co Ltd cash flow conversion.

Annual Capital Reinvestment Ratio for Ningbo Tianlong Electronics Co Ltd (2011–2025)

Year-by-year Capital Reinvestment Ratio for Ningbo Tianlong Electronics Co Ltd from 2011 to 2025. See Ningbo Tianlong Electronics Co Ltd 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
2025 0.37x CN¥174.82 Million CN¥64.12 Million ▼ -13.0%
2024 0.42x CN¥209.24 Million CN¥88.17 Million ▲ +61.2%
2023 0.26x CN¥240.04 Million CN¥62.74 Million ▼ -34.0%
2022 0.40x CN¥147.99 Million CN¥58.56 Million ▼ -12.3%
2021 0.45x CN¥147.38 Million CN¥66.50 Million ▲ +31.5%
2020 0.34x CN¥133.81 Million CN¥45.92 Million ▼ -29.6%
2019 0.49x CN¥85.18 Million CN¥41.54 Million ▼ -55.4%
2018 1.09x CN¥62.73 Million CN¥68.65 Million ▲ +9.2%
2017 1.00x CN¥100.99 Million CN¥101.22 Million ▼ -8.0%
2016 1.09x CN¥51.18 Million CN¥55.73 Million ▲ +51.5%
2015 0.72x CN¥79.62 Million CN¥57.21 Million ▼ -3.2%
2014 0.74x CN¥84.46 Million CN¥62.67 Million ▲ +118.1%
2013 0.34x CN¥65.49 Million CN¥22.28 Million ▼ -40.2%
2012 0.57x CN¥50.46 Million CN¥28.71 Million ▲ +90.3%
2011 0.30x CN¥81.24 Million CN¥24.29 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow