Zhejiang Shengyang Science (603703) — Capital Reinvestment Ratio
Zhejiang Shengyang Science (603703) has a Capital Reinvestment Ratio of 1.96x as of September 2025, meaning it reinvests 2% of its operating cash flow (CN¥8.25 Million) in capital expenditures (CN¥16.20 Million). See Zhejiang Shengyang Science balance sheet quality to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Zhejiang Shengyang Science Capital Reinvestment Ratio (2012–2023)
This chart tracks Zhejiang Shengyang Science's Capital Reinvestment Ratio across 11 annual periods. Check 603703 capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Zhejiang Shengyang Science (2012–2023)
Year-by-year Capital Reinvestment Ratio for Zhejiang Shengyang Science from 2012 to 2023. For live market cap and broader valuation context, see Zhejiang Shengyang Science market cap and net worth.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2023 | 1.28x | CN¥81.30 Million | CN¥103.97 Million | ▲ +11.4% |
| 2022 | 1.15x | CN¥89.94 Million | CN¥103.28 Million | ▼ -1.6% |
| 2021 | 1.17x | CN¥76.14 Million | CN¥88.88 Million | ▲ +29.7% |
| 2020 | 0.90x | CN¥55.06 Million | CN¥49.53 Million | ▲ +42.3% |
| 2019 | 0.63x | CN¥52.25 Million | CN¥33.04 Million | ▲ +35.2% |
| 2018 | 0.47x | CN¥62.76 Million | CN¥29.36 Million | ▲ +98.3% |
| 2017 | 0.24x | CN¥129.96 Million | CN¥30.65 Million | ▼ -62.1% |
| 2016 | 0.62x | CN¥33.70 Million | CN¥20.97 Million | ▼ -6.9% |
| 2014 | 0.67x | CN¥66.34 Million | CN¥44.34 Million | ▼ -26.1% |
| 2013 | 0.90x | CN¥48.66 Million | CN¥43.98 Million | ▼ -81.4% |
| 2012 | 4.86x | CN¥4.85 Million | CN¥23.56 Million | — |