Tianyang Hot Mel (603330) — Capital Reinvestment Ratio

Latest as of June 2023: 0.93x

Tianyang Hot Mel (603330) has a Capital Reinvestment Ratio of 0.93x as of June 2023, meaning it reinvests 1% of its operating cash flow (CN¥119.86 Million) in capital expenditures (CN¥110.90 Million). Check Tianyang Hot Mel tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.93x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥119.86 Million
CNY

Capital Expenditures

CN¥110.90 Million
CNY

Data as of

Jun 2023
Most recent filing

Tianyang Hot Mel Capital Reinvestment Ratio (2012–2024)

This chart tracks Tianyang Hot Mel's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see Tianyang Hot Mel (603330) cash conversion ratio.

Annual Capital Reinvestment Ratio for Tianyang Hot Mel (2012–2024)

Year-by-year Capital Reinvestment Ratio for Tianyang Hot Mel from 2012 to 2024. See cash generation quality of Tianyang Hot Mel to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2024 4.22x CN¥51.14 Million CN¥215.79 Million ▼ -25.2%
2023 5.64x CN¥72.85 Million CN¥411.14 Million ▲ +268.4%
2020 1.53x CN¥48.98 Million CN¥75.04 Million ▼ -44.6%
2019 2.77x CN¥45.14 Million CN¥124.83 Million ▼ -0.1%
2018 2.77x CN¥42.09 Million CN¥116.55 Million ▲ +309.2%
2016 0.68x CN¥48.10 Million CN¥32.56 Million ▲ +54.1%
2015 0.44x CN¥48.37 Million CN¥21.25 Million ▼ -41.8%
2014 0.75x CN¥19.29 Million CN¥14.54 Million ▼ -26.7%
2013 1.03x CN¥22.21 Million CN¥22.85 Million ▼ -39.8%
2012 1.71x CN¥14.93 Million CN¥25.50 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow