Three Stars NM (603578) — Capital Reinvestment Ratio
Three Stars NM (603578) has a Capital Reinvestment Ratio of 0.07x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥218.35 Million) in capital expenditures (CN¥14.98 Million). See Three Stars NM net asset quality index to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Three Stars NM Capital Reinvestment Ratio (2012–2025)
This chart tracks Three Stars NM's Capital Reinvestment Ratio across 12 annual periods. Check Three Stars NM (603578) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Three Stars NM (2012–2025)
Year-by-year Capital Reinvestment Ratio for Three Stars NM from 2012 to 2025. For live market cap and broader valuation context, see how much is Three Stars NM worth.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.23x | CN¥630.21 Million | CN¥145.25 Million | ▼ -99.8% |
| 2024 | 151.15x | CN¥7.45 Million | CN¥1.13 Billion | ▲ +4350.9% |
| 2023 | 3.40x | CN¥125.07 Million | CN¥424.73 Million | ▲ +11.3% |
| 2021 | 3.05x | CN¥16.61 Million | CN¥50.66 Million | ▲ +114.0% |
| 2020 | 1.43x | CN¥30.88 Million | CN¥44.02 Million | ▲ +401.5% |
| 2019 | 0.28x | CN¥245.32 Million | CN¥69.73 Million | ▼ -52.1% |
| 2017 | 0.59x | CN¥36.41 Million | CN¥21.62 Million | ▲ +577.3% |
| 2016 | 0.09x | CN¥41.77 Million | CN¥3.66 Million | ▼ -50.8% |
| 2015 | 0.18x | CN¥39.74 Million | CN¥7.08 Million | ▼ -14.1% |
| 2014 | 0.21x | CN¥45.80 Million | CN¥9.50 Million | ▼ -81.1% |
| 2013 | 1.10x | CN¥33.10 Million | CN¥36.33 Million | ▲ +67.7% |
| 2012 | 0.65x | CN¥26.28 Million | CN¥17.20 Million | — |