Hefei Taihe Optoelectronic (603656) — Capital Reinvestment Ratio

Latest as of September 2025: 0.44x

Hefei Taihe Optoelectronic (603656) has a Capital Reinvestment Ratio of 0.44x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥68.45 Million) in capital expenditures (CN¥30.28 Million). Check Hefei Taihe Optoelectronic (603656) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.44x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥68.45 Million
CNY

Capital Expenditures

CN¥30.28 Million
CNY

Data as of

Sep 2025
Most recent filing

Hefei Taihe Optoelectronic Capital Reinvestment Ratio (2012–2024)

This chart tracks Hefei Taihe Optoelectronic's Capital Reinvestment Ratio across 12 annual periods. For the full cash flow conversion analysis, see 603656 cash flow metrics.

Annual Capital Reinvestment Ratio for Hefei Taihe Optoelectronic (2012–2024)

Year-by-year Capital Reinvestment Ratio for Hefei Taihe Optoelectronic from 2012 to 2024. See Hefei Taihe Optoelectronic free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2024 0.66x CN¥104.41 Million CN¥69.05 Million ▼ -91.3%
2023 7.59x CN¥13.41 Million CN¥101.79 Million ▲ +298.1%
2022 1.91x CN¥58.35 Million CN¥111.23 Million ▼ -69.6%
2020 6.26x CN¥25.11 Million CN¥157.23 Million ▲ +297.8%
2019 1.57x CN¥42.31 Million CN¥66.59 Million ▲ +227.0%
2018 0.48x CN¥48.58 Million CN¥23.38 Million ▲ +385.5%
2017 0.10x CN¥87.42 Million CN¥8.67 Million ▼ -57.0%
2016 0.23x CN¥82.26 Million CN¥18.98 Million ▼ -66.3%
2015 0.69x CN¥73.67 Million CN¥50.47 Million ▼ -10.4%
2014 0.76x CN¥56.57 Million CN¥43.26 Million ▲ +94.2%
2013 0.39x CN¥53.58 Million CN¥21.10 Million ▲ +7.5%
2012 0.37x CN¥36.09 Million CN¥13.22 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow