Qijing Machinery (603677) — Capital Reinvestment Ratio
Qijing Machinery (603677) has a Capital Reinvestment Ratio of 0.42x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥65.45 Million) in capital expenditures (CN¥27.37 Million). Check 603677 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Qijing Machinery Capital Reinvestment Ratio (2012–2025)
This chart tracks Qijing Machinery's Capital Reinvestment Ratio across 13 annual periods. For the full cash flow conversion analysis, see Qijing Machinery (603677) cash flow conversion.
Annual Capital Reinvestment Ratio for Qijing Machinery (2012–2025)
Year-by-year Capital Reinvestment Ratio for Qijing Machinery from 2012 to 2025. See free cash flow generation of Qijing Machinery to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 4.47x | CN¥29.00 Million | CN¥129.62 Million | ▲ +258.7% |
| 2024 | 1.25x | CN¥124.54 Million | CN¥155.19 Million | ▲ +167.8% |
| 2023 | 0.47x | CN¥204.22 Million | CN¥95.04 Million | ▼ -3.2% |
| 2022 | 0.48x | CN¥175.05 Million | CN¥84.17 Million | ▼ -71.9% |
| 2021 | 1.71x | CN¥74.85 Million | CN¥128.25 Million | ▲ +537.3% |
| 2020 | 0.27x | CN¥309.33 Million | CN¥83.16 Million | ▼ -81.4% |
| 2019 | 1.44x | CN¥113.94 Million | CN¥164.50 Million | ▼ -25.0% |
| 2018 | 1.93x | CN¥77.19 Million | CN¥148.65 Million | ▲ +228.2% |
| 2016 | 0.59x | CN¥113.37 Million | CN¥66.53 Million | ▲ +66.4% |
| 2015 | 0.35x | CN¥162.26 Million | CN¥57.22 Million | ▲ +45.9% |
| 2014 | 0.24x | CN¥110.14 Million | CN¥26.62 Million | ▼ -87.5% |
| 2013 | 1.93x | CN¥36.43 Million | CN¥70.45 Million | ▲ +153.3% |
| 2012 | 0.76x | CN¥94.19 Million | CN¥71.93 Million | — |