Zhejiang Goldensea Envi Tech C (603311) — Capital Reinvestment Ratio

Latest as of September 2025: 0.13x

Zhejiang Goldensea Envi Tech C (603311) has a Capital Reinvestment Ratio of 0.13x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥28.63 Million) in capital expenditures (CN¥3.61 Million). Check Zhejiang Goldensea Envi Tech C tangible equity quality to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.13x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥28.63 Million
CNY

Capital Expenditures

CN¥3.61 Million
CNY

Data as of

Sep 2025
Most recent filing

Zhejiang Goldensea Envi Tech C Capital Reinvestment Ratio (2011–2024)

This chart tracks Zhejiang Goldensea Envi Tech C's Capital Reinvestment Ratio across 14 annual periods. For the full cash flow conversion analysis, see Zhejiang Goldensea Envi Tech C operating cash flow efficiency.

Annual Capital Reinvestment Ratio for Zhejiang Goldensea Envi Tech C (2011–2024)

Year-by-year Capital Reinvestment Ratio for Zhejiang Goldensea Envi Tech C from 2011 to 2024. See 603311 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 0.44x CN¥76.69 Million CN¥33.66 Million ▼ -53.8%
2023 0.95x CN¥115.23 Million CN¥109.42 Million ▲ +118.1%
2022 0.44x CN¥174.89 Million CN¥76.15 Million ▼ -60.1%
2021 1.09x CN¥69.27 Million CN¥75.53 Million ▲ +118.1%
2020 0.50x CN¥153.56 Million CN¥76.78 Million ▼ -22.3%
2019 0.64x CN¥88.14 Million CN¥56.68 Million ▼ -61.1%
2018 1.65x CN¥69.20 Million CN¥114.37 Million ▼ -8.9%
2017 1.81x CN¥32.55 Million CN¥59.04 Million ▲ +419.6%
2016 0.35x CN¥81.68 Million CN¥28.51 Million ▼ -37.1%
2015 0.55x CN¥61.76 Million CN¥34.27 Million ▲ +52.0%
2014 0.37x CN¥76.76 Million CN¥28.03 Million ▼ -86.4%
2013 2.69x CN¥19.78 Million CN¥53.28 Million ▼ -17.8%
2012 3.28x CN¥16.29 Million CN¥53.38 Million ▼ -59.2%
2011 8.03x CN¥6.22 Million CN¥50.00 Million —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow