Shanghai Shine-Link Intl (603648) — Capital Reinvestment Ratio
Shanghai Shine-Link Intl (603648) has a Capital Reinvestment Ratio of 0.22x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥157.08 Million) in capital expenditures (CN¥34.88 Million). Check 603648 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Shanghai Shine-Link Intl Capital Reinvestment Ratio (2012–2024)
This chart tracks Shanghai Shine-Link Intl's Capital Reinvestment Ratio across 13 annual periods. For the full cash flow conversion analysis, see Shanghai Shine-Link Intl cash conversion from operations.
Annual Capital Reinvestment Ratio for Shanghai Shine-Link Intl (2012–2024)
Year-by-year Capital Reinvestment Ratio for Shanghai Shine-Link Intl from 2012 to 2024. See Shanghai Shine-Link Intl free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.32x | CN¥254.12 Million | CN¥81.67 Million | ▼ -34.3% |
| 2023 | 0.49x | CN¥328.79 Million | CN¥160.91 Million | ▲ +1.7% |
| 2022 | 0.48x | CN¥288.85 Million | CN¥138.97 Million | ▲ +430.3% |
| 2021 | 0.09x | CN¥252.93 Million | CN¥22.95 Million | ▼ -75.2% |
| 2020 | 0.37x | CN¥243.86 Million | CN¥89.34 Million | ▼ -64.9% |
| 2019 | 1.04x | CN¥184.55 Million | CN¥192.81 Million | ▼ -98.6% |
| 2018 | 73.14x | CN¥4.15 Million | CN¥303.80 Million | ▲ +10537.3% |
| 2017 | 0.69x | CN¥239.11 Million | CN¥164.42 Million | ▼ -28.4% |
| 2016 | 0.96x | CN¥129.54 Million | CN¥124.35 Million | ▲ +46.9% |
| 2015 | 0.65x | CN¥152.10 Million | CN¥99.41 Million | ▲ +71.1% |
| 2014 | 0.38x | CN¥120.98 Million | CN¥46.22 Million | ▼ -50.9% |
| 2013 | 0.78x | CN¥45.30 Million | CN¥35.23 Million | ▲ +529.7% |
| 2012 | 0.12x | CN¥117.49 Million | CN¥14.51 Million | — |