Hangzhou First PV Material Co Ltd (603806) — Capital Reinvestment Ratio
Hangzhou First PV Material Co Ltd (603806) has a Capital Reinvestment Ratio of 0.14x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥921.00 Million) in capital expenditures (CN¥133.01 Million). See Hangzhou First PV Material Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Hangzhou First PV Material Co Ltd Capital Reinvestment Ratio (2009–2024)
This chart tracks Hangzhou First PV Material Co Ltd's Capital Reinvestment Ratio across 14 annual periods. Check total reinvestment intensity of Hangzhou First PV Material Co Ltd to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Hangzhou First PV Material Co Ltd (2009–2024)
Year-by-year Capital Reinvestment Ratio for Hangzhou First PV Material Co Ltd from 2009 to 2024. For live market cap and broader valuation context, see Hangzhou First PV Material Co Ltd market cap and net worth.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.15x | CN¥4.39 Billion | CN¥642.82 Million | ▼ -99.3% |
| 2022 | 22.16x | CN¥26.04 Million | CN¥576.94 Million | ▲ +1596.0% |
| 2020 | 1.31x | CN¥272.34 Million | CN¥355.79 Million | ▲ +243.7% |
| 2019 | 0.38x | CN¥434.94 Million | CN¥165.32 Million | ▼ -67.0% |
| 2018 | 1.15x | CN¥169.57 Million | CN¥195.51 Million | ▲ +36.9% |
| 2017 | 0.84x | CN¥242.96 Million | CN¥204.66 Million | ▼ -12.2% |
| 2016 | 0.96x | CN¥295.09 Million | CN¥283.26 Million | ▲ +248.8% |
| 2015 | 0.28x | CN¥415.95 Million | CN¥114.46 Million | ▼ -57.7% |
| 2014 | 0.65x | CN¥99.87 Million | CN¥64.99 Million | ▲ +153.4% |
| 2013 | 0.26x | CN¥406.97 Million | CN¥104.50 Million | ▼ -16.2% |
| 2012 | 0.31x | CN¥317.51 Million | CN¥97.34 Million | ▲ +16.9% |
| 2011 | 0.26x | CN¥272.91 Million | CN¥71.56 Million | ▼ -9.6% |
| 2010 | 0.29x | CN¥267.92 Million | CN¥77.71 Million | ▼ -84.3% |
| 2009 | 1.84x | CN¥42.67 Million | CN¥78.69 Million | — |