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 cash generation quality of Hangzhou First PV Material Co Ltd to measure how efficiently the company converts operating cash flow to free cash.
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.
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 603806 company 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 | — |