Shanghai Smith Adhesive New Capital Reinvestment Ratio
Shanghai Smith Adhesive New 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 free cash flow generation of Shanghai Smith Adhesive New to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Shanghai Smith Adhesive New (2012–2025)
Capital reinvestment ratio of Shanghai Smith Adhesive New from 2012 to 2025. This chart tracks Shanghai Smith Adhesive New's Capital Reinvestment Ratio across 13 annual periods. See Shanghai Smith Adhesive New (603683) flexibility index to measure the company's free cash flow as a share of total liabilities.
Shanghai Smith Adhesive New Capital Reinvestment Ratio by Year (2012–2025)
Shanghai Smith Adhesive New capital reinvestment ratio by year from 2012 to 2025. For the full cash flow conversion analysis, see Shanghai Smith Adhesive New cash conversion from operations.
| 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 | — |