Shanghai Smith Adhesive New (603683) — Capital Reinvestment Ratio
Shanghai Smith Adhesive New (603683) has a Capital Reinvestment Ratio of 0.42x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥40.43 Million) in capital expenditures (CN¥17.00 Million). See debt-free asset ratio of Shanghai Smith Adhesive New to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Shanghai Smith Adhesive New Capital Reinvestment Ratio (2012–2025)
This chart tracks Shanghai Smith Adhesive New's Capital Reinvestment Ratio across 13 annual periods. Check Shanghai Smith Adhesive New (603683) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Shanghai Smith Adhesive New (2012–2025)
Year-by-year Capital Reinvestment Ratio for Shanghai Smith Adhesive New from 2012 to 2025. For live market cap and broader valuation context, see Shanghai Smith Adhesive New market capitalisation.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.85x | CN¥199.84 Million | CN¥169.21 Million | ▼ -42.8% |
| 2024 | 1.48x | CN¥276.20 Million | CN¥409.12 Million | ▲ +43.2% |
| 2023 | 1.03x | CN¥147.83 Million | CN¥152.88 Million | ▲ +103.3% |
| 2022 | 0.51x | CN¥191.64 Million | CN¥97.48 Million | ▼ -42.1% |
| 2021 | 0.88x | CN¥126.19 Million | CN¥110.94 Million | ▼ -10.6% |
| 2020 | 0.98x | CN¥77.76 Million | CN¥76.45 Million | ▼ -58.2% |
| 2019 | 2.35x | CN¥88.24 Million | CN¥207.44 Million | ▼ -47.5% |
| 2017 | 4.48x | CN¥40.33 Million | CN¥180.72 Million | ▲ +150.4% |
| 2016 | 1.79x | CN¥41.57 Million | CN¥74.41 Million | ▲ +65.8% |
| 2015 | 1.08x | CN¥75.23 Million | CN¥81.20 Million | ▲ +175.4% |
| 2014 | 0.39x | CN¥73.54 Million | CN¥28.83 Million | ▲ +36.7% |
| 2013 | 0.29x | CN¥68.23 Million | CN¥19.57 Million | ▼ -48.8% |
| 2012 | 0.56x | CN¥49.20 Million | CN¥27.58 Million | — |