Jiangsu King's Luck Brewery Joint-Stock Co Ltd (603369) — Capital Reinvestment Ratio

Latest as of March 2025: 0.44x

Jiangsu King's Luck Brewery Joint-Stock Co Ltd (603369) has a Capital Reinvestment Ratio of 0.44x as of March 2025, meaning it reinvests 0% of its operating cash flow (CN¥1.43 Billion) in capital expenditures (CN¥627.41 Million). Check 603369 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.44x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥1.43 Billion
CNY

Capital Expenditures

CN¥627.41 Million
CNY

Data as of

Mar 2025
Most recent filing

Jiangsu King's Luck Brewery Joint-Stock Co Ltd Capital Reinvestment Ratio (2011–2024)

This chart tracks Jiangsu King's Luck Brewery Joint-Stock Co Ltd's Capital Reinvestment Ratio across 14 annual periods. For the full cash flow conversion analysis, see 603369 operating cash flow.

Annual Capital Reinvestment Ratio for Jiangsu King's Luck Brewery Joint-Stock Co Ltd (2011–2024)

Year-by-year Capital Reinvestment Ratio for Jiangsu King's Luck Brewery Joint-Stock Co Ltd from 2011 to 2024. See how much free cash does Jiangsu King's Luck Brewery Joint-Stock generate to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2024 0.63x CN¥2.87 Billion CN¥1.82 Billion ▼ -19.1%
2023 0.78x CN¥2.80 Billion CN¥2.19 Billion ▲ +89.9%
2022 0.41x CN¥2.78 Billion CN¥1.15 Billion ▲ +116.4%
2021 0.19x CN¥3.02 Billion CN¥576.64 Million ▼ -46.0%
2020 0.35x CN¥1.12 Billion CN¥395.26 Million ▲ +207.6%
2019 0.11x CN¥1.31 Billion CN¥150.14 Million ▼ -37.2%
2018 0.18x CN¥1.12 Billion CN¥204.86 Million ▼ -25.8%
2017 0.25x CN¥1.00 Billion CN¥246.76 Million ▲ +79.1%
2016 0.14x CN¥924.57 Million CN¥127.21 Million ▼ -13.7%
2015 0.16x CN¥702.22 Million CN¥112.02 Million ▲ +10.7%
2014 0.14x CN¥473.26 Million CN¥68.20 Million ▼ -47.9%
2013 0.28x CN¥495.24 Million CN¥137.01 Million ▲ +42.3%
2012 0.19x CN¥736.99 Million CN¥143.24 Million ▼ -60.9%
2011 0.50x CN¥430.91 Million CN¥214.19 Million —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow