Anhui Kouzi Distillery Co Ltd (603589) — Capital Reinvestment Ratio

Latest as of December 2024: 0.23x

Anhui Kouzi Distillery Co Ltd (603589) has a Capital Reinvestment Ratio of 0.23x as of December 2024, meaning it reinvests 0% of its operating cash flow (CN¥1.10 Billion) in capital expenditures (CN¥257.83 Million). Check Anhui Kouzi Distillery Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.23x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥1.10 Billion
CNY

Capital Expenditures

CN¥257.83 Million
CNY

Data as of

Dec 2024
Most recent filing

Anhui Kouzi Distillery Co Ltd Capital Reinvestment Ratio (2011–2024)

This chart tracks Anhui Kouzi Distillery Co Ltd's Capital Reinvestment Ratio across 14 annual periods. For the full cash flow conversion analysis, see 603589 cash flow conversion.

Annual Capital Reinvestment Ratio for Anhui Kouzi Distillery Co Ltd (2011–2024)

Year-by-year Capital Reinvestment Ratio for Anhui Kouzi Distillery Co Ltd from 2011 to 2024. See 603589 FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2024 0.28x CN¥1.46 Billion CN¥407.35 Million ▼ -12.4%
2023 0.32x CN¥910.68 Million CN¥290.07 Million ▼ -33.7%
2022 0.48x CN¥829.13 Million CN¥398.20 Million ▼ -37.1%
2021 0.76x CN¥785.55 Million CN¥599.80 Million ▼ -1.1%
2020 0.77x CN¥498.73 Million CN¥384.90 Million ▲ +628.0%
2019 0.11x CN¥1.30 Billion CN¥137.49 Million ▼ -56.6%
2018 0.24x CN¥1.12 Billion CN¥273.24 Million ▲ +116.2%
2017 0.11x CN¥1.57 Billion CN¥177.08 Million ▼ -59.4%
2016 0.28x CN¥639.67 Million CN¥177.82 Million ▲ +39.6%
2015 0.20x CN¥536.20 Million CN¥106.76 Million ▼ -55.0%
2014 0.44x CN¥104.91 Million CN¥46.46 Million ▼ -24.6%
2013 0.59x CN¥277.67 Million CN¥163.09 Million ▲ +58.5%
2012 0.37x CN¥422.90 Million CN¥156.74 Million ▼ -39.0%
2011 0.61x CN¥218.14 Million CN¥132.44 Million —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow