Changzheng Engineering Co Ltd (603698) — Capital Reinvestment Ratio

Latest as of March 2025: 0.78x

Changzheng Engineering Co Ltd (603698) has a Capital Reinvestment Ratio of 0.78x as of March 2025, meaning it reinvests 1% of its operating cash flow (CN¥24.97 Million) in capital expenditures (CN¥19.50 Million). Check 603698 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.78x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥24.97 Million
CNY

Capital Expenditures

CN¥19.50 Million
CNY

Data as of

Mar 2025
Most recent filing

Changzheng Engineering Co Ltd Capital Reinvestment Ratio (2011–2024)

This chart tracks Changzheng Engineering Co Ltd's Capital Reinvestment Ratio across 11 annual periods. For the full cash flow conversion analysis, see Changzheng Engineering Co Ltd (603698) cash conversion ratio.

Annual Capital Reinvestment Ratio for Changzheng Engineering Co Ltd (2011–2024)

Year-by-year Capital Reinvestment Ratio for Changzheng Engineering Co Ltd from 2011 to 2024. See Changzheng Engineering Co Ltd 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 0.77x CN¥614.02 Million CN¥475.12 Million ▲ +123.9%
2023 0.35x CN¥374.48 Million CN¥129.40 Million ▲ +182.2%
2022 0.12x CN¥431.05 Million CN¥52.78 Million ▲ +11.7%
2021 0.11x CN¥298.64 Million CN¥32.74 Million ▲ +1.1%
2020 0.11x CN¥280.50 Million CN¥30.42 Million ▼ -86.0%
2018 0.78x CN¥53.19 Million CN¥41.30 Million ▲ +4893.3%
2017 0.02x CN¥729.88 Million CN¥11.35 Million ▼ -94.9%
2014 0.31x CN¥487.63 Million CN¥149.50 Million ▼ -21.9%
2013 0.39x CN¥223.11 Million CN¥87.54 Million ▲ +34.3%
2012 0.29x CN¥311.79 Million CN¥91.06 Million ▼ -86.1%
2011 2.10x CN¥75.17 Million CN¥157.56 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow