Zhejiang Noblelift Equip (603611) — Capital Reinvestment Ratio

Latest as of September 2025: 0.31x

Zhejiang Noblelift Equip (603611) has a Capital Reinvestment Ratio of 0.31x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥487.74 Million) in capital expenditures (CN¥150.83 Million). Check Zhejiang Noblelift Equip (603611) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.31x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥487.74 Million
CNY

Capital Expenditures

CN¥150.83 Million
CNY

Data as of

Sep 2025
Most recent filing

Zhejiang Noblelift Equip Capital Reinvestment Ratio (2011–2024)

This chart tracks Zhejiang Noblelift Equip's Capital Reinvestment Ratio across 14 annual periods. For the full cash flow conversion analysis, see how efficiently does Zhejiang Noblelift Equip generate cash.

Annual Capital Reinvestment Ratio for Zhejiang Noblelift Equip (2011–2024)

Year-by-year Capital Reinvestment Ratio for Zhejiang Noblelift Equip from 2011 to 2024. See Zhejiang Noblelift Equip 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 0.38x CN¥765.60 Million CN¥293.75 Million ▼ -86.6%
2023 2.86x CN¥114.03 Million CN¥326.09 Million ▲ +1111.3%
2022 0.24x CN¥519.82 Million CN¥122.72 Million ▼ -61.4%
2021 0.61x CN¥231.83 Million CN¥141.65 Million ▲ +118.4%
2020 0.28x CN¥266.71 Million CN¥74.60 Million ▲ +10.3%
2019 0.25x CN¥371.40 Million CN¥94.23 Million ▼ -28.1%
2018 0.35x CN¥294.40 Million CN¥103.88 Million ▼ -77.1%
2017 1.54x CN¥72.09 Million CN¥111.10 Million ▲ +101.4%
2016 0.77x CN¥144.82 Million CN¥110.80 Million ▲ +89.8%
2015 0.40x CN¥146.47 Million CN¥59.02 Million ▲ +81.0%
2014 0.22x CN¥152.60 Million CN¥33.97 Million ▼ -56.6%
2013 0.51x CN¥60.69 Million CN¥31.14 Million ▼ -14.6%
2012 0.60x CN¥105.67 Million CN¥63.51 Million ▲ +37.7%
2011 0.44x CN¥115.53 Million CN¥50.41 Million —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow