Zhejiang Meilun Elevator Co Ltd (603321) — Capital Reinvestment Ratio

Latest as of September 2025: 1.01x

Zhejiang Meilun Elevator Co Ltd (603321) has a Capital Reinvestment Ratio of 1.01x as of September 2025, meaning it reinvests 1% of its operating cash flow (CN¥9.40 Million) in capital expenditures (CN¥9.50 Million). Check 603321 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

1.01x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥9.40 Million
CNY

Capital Expenditures

CN¥9.50 Million
CNY

Data as of

Sep 2025
Most recent filing

Zhejiang Meilun Elevator Co Ltd Capital Reinvestment Ratio (2013–2024)

This chart tracks Zhejiang Meilun Elevator Co Ltd's Capital Reinvestment Ratio across 12 annual periods. For the full cash flow conversion analysis, see Zhejiang Meilun Elevator Co Ltd (603321) cash conversion ratio.

Annual Capital Reinvestment Ratio for Zhejiang Meilun Elevator Co Ltd (2013–2024)

Year-by-year Capital Reinvestment Ratio for Zhejiang Meilun Elevator Co Ltd from 2013 to 2024. See Zhejiang Meilun Elevator Co Ltd (603321) free cash flow to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2024 0.88x CN¥134.31 Million CN¥118.18 Million ▲ +131.1%
2023 0.38x CN¥201.55 Million CN¥76.75 Million ▲ +213.0%
2022 0.12x CN¥188.78 Million CN¥22.97 Million ▼ -87.6%
2021 0.98x CN¥34.68 Million CN¥33.93 Million ▼ -17.3%
2020 1.18x CN¥77.47 Million CN¥91.62 Million ▲ +20.9%
2019 0.98x CN¥102.45 Million CN¥100.24 Million ▼ -6.8%
2018 1.05x CN¥64.11 Million CN¥67.32 Million ▲ +26.2%
2017 0.83x CN¥93.25 Million CN¥77.56 Million ▼ -70.9%
2016 2.86x CN¥49.69 Million CN¥141.88 Million ▲ +1196.5%
2015 0.22x CN¥123.61 Million CN¥27.23 Million ▼ -55.0%
2014 0.49x CN¥77.03 Million CN¥37.74 Million ▲ +253.2%
2013 0.14x CN¥109.18 Million CN¥15.14 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow