Ningbo Water Meter Co Ltd (603700) — Capital Reinvestment Ratio
Ningbo Water Meter Co Ltd (603700) has a Capital Reinvestment Ratio of 0.60x as of September 2025, meaning it reinvests 1% of its operating cash flow (CN¥33.20 Million) in capital expenditures (CN¥20.02 Million). Check Ningbo Water Meter Co Ltd (603700) tangible net worth to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Ningbo Water Meter Co Ltd Capital Reinvestment Ratio (2013–2024)
This chart tracks Ningbo Water Meter Co Ltd's Capital Reinvestment Ratio across 12 annual periods. For the full cash flow conversion analysis, see 603700 cash flow conversion.
Annual Capital Reinvestment Ratio for Ningbo Water Meter Co Ltd (2013–2024)
Year-by-year Capital Reinvestment Ratio for Ningbo Water Meter Co Ltd from 2013 to 2024. See how much free cash does Ningbo Water Meter Co Ltd generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.80x | CN¥83.03 Million | CN¥66.43 Million | ▲ +140.9% |
| 2023 | 0.33x | CN¥184.90 Million | CN¥61.40 Million | ▼ -88.2% |
| 2022 | 2.82x | CN¥84.25 Million | CN¥237.84 Million | ▲ +224.1% |
| 2021 | 0.87x | CN¥161.01 Million | CN¥140.23 Million | ▲ +51.6% |
| 2020 | 0.57x | CN¥126.76 Million | CN¥72.84 Million | ▲ +79.1% |
| 2019 | 0.32x | CN¥139.72 Million | CN¥44.84 Million | ▲ +68.4% |
| 2018 | 0.19x | CN¥102.14 Million | CN¥19.46 Million | ▲ +173.2% |
| 2017 | 0.07x | CN¥133.85 Million | CN¥9.33 Million | ▲ +2.7% |
| 2016 | 0.07x | CN¥153.48 Million | CN¥10.42 Million | ▼ -69.3% |
| 2015 | 0.22x | CN¥75.91 Million | CN¥16.78 Million | ▲ +150.2% |
| 2014 | 0.09x | CN¥98.12 Million | CN¥8.67 Million | ▼ -2.4% |
| 2013 | 0.09x | CN¥77.90 Million | CN¥7.05 Million | — |