AA Industrial Belting (603580) — Capital Reinvestment Ratio
AA Industrial Belting (603580) has a Capital Reinvestment Ratio of 1.38x as of September 2025, meaning it reinvests 1% of its operating cash flow (CN¥4.68 Million) in capital expenditures (CN¥6.46 Million). Check how tangible is AA Industrial Belting's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
AA Industrial Belting Capital Reinvestment Ratio (2011–2024)
This chart tracks AA Industrial Belting's Capital Reinvestment Ratio across 14 annual periods. For the full cash flow conversion analysis, see how efficiently does AA Industrial Belting generate cash.
Annual Capital Reinvestment Ratio for AA Industrial Belting (2011–2024)
Year-by-year Capital Reinvestment Ratio for AA Industrial Belting from 2011 to 2024. See AA Industrial Belting free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.54x | CN¥28.69 Million | CN¥15.61 Million | ▼ -58.6% |
| 2023 | 1.32x | CN¥30.24 Million | CN¥39.80 Million | ▼ -29.0% |
| 2022 | 1.85x | CN¥32.75 Million | CN¥60.66 Million | ▼ -37.5% |
| 2021 | 2.96x | CN¥28.01 Million | CN¥82.97 Million | ▲ +71.3% |
| 2020 | 1.73x | CN¥19.35 Million | CN¥33.46 Million | ▲ +151.4% |
| 2019 | 0.69x | CN¥29.91 Million | CN¥20.57 Million | ▲ +36.0% |
| 2018 | 0.51x | CN¥31.17 Million | CN¥15.76 Million | ▲ +110.1% |
| 2017 | 0.24x | CN¥30.27 Million | CN¥7.29 Million | ▼ -8.7% |
| 2016 | 0.26x | CN¥32.59 Million | CN¥8.59 Million | ▲ +16.6% |
| 2015 | 0.23x | CN¥35.56 Million | CN¥8.05 Million | ▼ -43.4% |
| 2014 | 0.40x | CN¥35.23 Million | CN¥14.07 Million | ▲ +75.1% |
| 2013 | 0.23x | CN¥24.02 Million | CN¥5.48 Million | ▼ -93.0% |
| 2012 | 3.24x | CN¥3.61 Million | CN¥11.69 Million | ▲ +132.3% |
| 2011 | 1.40x | CN¥14.71 Million | CN¥20.53 Million | — |