Guangdong Songfa Ceramics Co (603268) — Capital Reinvestment Ratio
Guangdong Songfa Ceramics Co (603268) has a Capital Reinvestment Ratio of 0.57x as of December 2023, meaning it reinvests 1% of its operating cash flow (CN¥1.68 Million) in capital expenditures (CN¥950.03K). Check how tangible is Guangdong Songfa Ceramics Co's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Guangdong Songfa Ceramics Co Capital Reinvestment Ratio (2011–2022)
This chart tracks Guangdong Songfa Ceramics Co's Capital Reinvestment Ratio across 11 annual periods. For the full cash flow conversion analysis, see Guangdong Songfa Ceramics Co operating cash flow efficiency.
Annual Capital Reinvestment Ratio for Guangdong Songfa Ceramics Co (2011–2022)
Year-by-year Capital Reinvestment Ratio for Guangdong Songfa Ceramics Co from 2011 to 2022. See 603268 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 |
|---|---|---|---|---|
| 2022 | 1.11x | CN¥6.04 Million | CN¥6.68 Million | ▲ +591.8% |
| 2020 | 0.16x | CN¥65.45 Million | CN¥10.47 Million | ▼ -23.0% |
| 2019 | 0.21x | CN¥78.76 Million | CN¥16.36 Million | ▼ -75.3% |
| 2018 | 0.84x | CN¥43.65 Million | CN¥36.67 Million | ▼ -30.2% |
| 2017 | 1.20x | CN¥65.24 Million | CN¥78.49 Million | ▲ +115.8% |
| 2016 | 0.56x | CN¥73.89 Million | CN¥41.19 Million | ▼ -91.8% |
| 2015 | 6.80x | CN¥4.21 Million | CN¥28.60 Million | ▲ +1708.9% |
| 2014 | 0.38x | CN¥46.71 Million | CN¥17.55 Million | ▼ -54.6% |
| 2013 | 0.83x | CN¥44.14 Million | CN¥36.52 Million | ▼ -45.8% |
| 2012 | 1.53x | CN¥22.14 Million | CN¥33.76 Million | ▲ +112.4% |
| 2011 | 0.72x | CN¥70.40 Million | CN¥50.56 Million | — |