Ningbo Gaofa Automotive Ctrl (603788) — Capital Reinvestment Ratio
Ningbo Gaofa Automotive Ctrl (603788) has a Capital Reinvestment Ratio of 0.14x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥146.43 Million) in capital expenditures (CN¥20.05 Million). Check 603788 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Ningbo Gaofa Automotive Ctrl Capital Reinvestment Ratio (2011–2025)
This chart tracks Ningbo Gaofa Automotive Ctrl's Capital Reinvestment Ratio across 15 annual periods. For the full cash flow conversion analysis, see 603788 cash generation efficiency.
Annual Capital Reinvestment Ratio for Ningbo Gaofa Automotive Ctrl (2011–2025)
Year-by-year Capital Reinvestment Ratio for Ningbo Gaofa Automotive Ctrl from 2011 to 2025. See 603788 cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.72x | CN¥101.88 Million | CN¥72.95 Million | ▼ -39.8% |
| 2024 | 1.19x | CN¥126.38 Million | CN¥150.40 Million | ▼ -14.0% |
| 2023 | 1.38x | CN¥102.23 Million | CN¥141.46 Million | ▲ +0.5% |
| 2022 | 1.38x | CN¥132.27 Million | CN¥182.12 Million | ▲ +1030.9% |
| 2021 | 0.12x | CN¥160.26 Million | CN¥19.51 Million | ▼ -1.2% |
| 2020 | 0.12x | CN¥176.94 Million | CN¥21.81 Million | ▲ +34.8% |
| 2019 | 0.09x | CN¥330.94 Million | CN¥30.27 Million | ▼ -23.8% |
| 2018 | 0.12x | CN¥246.35 Million | CN¥29.56 Million | ▼ -58.5% |
| 2017 | 0.29x | CN¥105.03 Million | CN¥30.34 Million | ▲ +39.0% |
| 2016 | 0.21x | CN¥78.78 Million | CN¥16.37 Million | ▼ -69.1% |
| 2015 | 0.67x | CN¥22.54 Million | CN¥15.18 Million | ▲ +123.1% |
| 2014 | 0.30x | CN¥51.84 Million | CN¥15.64 Million | ▼ -7.6% |
| 2013 | 0.33x | CN¥66.59 Million | CN¥21.76 Million | ▼ -22.6% |
| 2012 | 0.42x | CN¥58.10 Million | CN¥24.53 Million | ▼ -11.0% |
| 2011 | 0.47x | CN¥38.28 Million | CN¥18.15 Million | — |