Qingdao Topscomm Commun Inc (603421) — Capital Reinvestment Ratio
Qingdao Topscomm Commun Inc (603421) has a Capital Reinvestment Ratio of 0.04x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥40.47 Million) in capital expenditures (CN¥1.81 Million). Check Qingdao Topscomm Commun Inc (603421) tangible net worth to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Qingdao Topscomm Commun Inc Capital Reinvestment Ratio (2011–2025)
This chart tracks Qingdao Topscomm Commun Inc's Capital Reinvestment Ratio across 13 annual periods. For the full cash flow conversion analysis, see Qingdao Topscomm Commun Inc operating cash flow efficiency.
Annual Capital Reinvestment Ratio for Qingdao Topscomm Commun Inc (2011–2025)
Year-by-year Capital Reinvestment Ratio for Qingdao Topscomm Commun Inc from 2011 to 2025. See Qingdao Topscomm Commun Inc (603421) 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 |
|---|---|---|---|---|
| 2025 | 0.22x | CN¥45.01 Million | CN¥9.95 Million | ▲ +92.0% |
| 2024 | 0.12x | CN¥233.34 Million | CN¥26.85 Million | ▼ -60.6% |
| 2023 | 0.29x | CN¥288.69 Million | CN¥84.36 Million | ▼ -28.6% |
| 2021 | 0.41x | CN¥386.05 Million | CN¥158.05 Million | ▼ -72.9% |
| 2020 | 1.51x | CN¥134.22 Million | CN¥202.82 Million | ▼ -43.9% |
| 2019 | 2.69x | CN¥91.91 Million | CN¥247.70 Million | ▲ +22.4% |
| 2018 | 2.20x | CN¥151.83 Million | CN¥334.27 Million | ▲ +183.8% |
| 2016 | 0.78x | CN¥285.75 Million | CN¥221.71 Million | ▼ -73.9% |
| 2015 | 2.97x | CN¥125.29 Million | CN¥372.75 Million | ▲ +1895.8% |
| 2014 | 0.15x | CN¥304.83 Million | CN¥45.44 Million | ▼ -2.6% |
| 2013 | 0.15x | CN¥204.21 Million | CN¥31.26 Million | ▼ -39.3% |
| 2012 | 0.25x | CN¥156.03 Million | CN¥39.34 Million | ▲ +5.1% |
| 2011 | 0.24x | CN¥43.51 Million | CN¥10.44 Million | — |