Zhejiang Dehong Automotive (603701) — Capital Reinvestment Ratio

Latest as of June 2025: 1.23x

Zhejiang Dehong Automotive (603701) has a Capital Reinvestment Ratio of 1.23x as of June 2025, meaning it reinvests 1% of its operating cash flow (CN¥13.42 Million) in capital expenditures (CN¥16.57 Million). Check 603701 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

1.23x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥13.42 Million
CNY

Capital Expenditures

CN¥16.57 Million
CNY

Data as of

Jun 2025
Most recent filing

Zhejiang Dehong Automotive Capital Reinvestment Ratio (2011–2024)

This chart tracks Zhejiang Dehong Automotive's Capital Reinvestment Ratio across 13 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Zhejiang Dehong Automotive.

Annual Capital Reinvestment Ratio for Zhejiang Dehong Automotive (2011–2024)

Year-by-year Capital Reinvestment Ratio for Zhejiang Dehong Automotive from 2011 to 2024. See cash generation quality of Zhejiang Dehong Automotive to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2024 0.58x CN¥67.42 Million CN¥39.18 Million ▲ +28.2%
2022 0.45x CN¥41.99 Million CN¥19.03 Million ▲ +19.4%
2021 0.38x CN¥55.59 Million CN¥21.11 Million ▼ -78.7%
2020 1.79x CN¥19.38 Million CN¥34.62 Million ▲ +167.8%
2019 0.67x CN¥75.68 Million CN¥50.48 Million ▲ +10.7%
2018 0.60x CN¥65.84 Million CN¥39.68 Million ▼ -31.0%
2017 0.87x CN¥53.36 Million CN¥46.61 Million ▲ +13.7%
2016 0.77x CN¥74.94 Million CN¥57.59 Million ▲ +82.6%
2015 0.42x CN¥73.79 Million CN¥31.06 Million ▲ +32.2%
2014 0.32x CN¥48.79 Million CN¥15.54 Million ▲ +66.2%
2013 0.19x CN¥53.21 Million CN¥10.20 Million ▼ -55.3%
2012 0.43x CN¥49.78 Million CN¥21.32 Million ▼ -44.4%
2011 0.77x CN¥55.82 Million CN¥43.01 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow