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). Check 603703 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Zhejiang Shengyang Science Capital Reinvestment Ratio (2012–2025)
This chart tracks Zhejiang Shengyang Science's Capital Reinvestment Ratio across 12 annual periods. For the full cash flow conversion analysis, see 603703 cash flow metrics.
Annual Capital Reinvestment Ratio for Zhejiang Shengyang Science (2012–2025)
Year-by-year Capital Reinvestment Ratio for Zhejiang Shengyang Science from 2012 to 2025. See free cash flow generation of Zhejiang Shengyang Science to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.94x | CN¥39.15 Million | CN¥75.94 Million | ▲ +51.7% |
| 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 | — |