Shenyang Toly Bread Co Ltd (603866) — Capital Reinvestment Ratio

Latest as of September 2025: 0.29x

Shenyang Toly Bread Co Ltd (603866) has a Capital Reinvestment Ratio of 0.29x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥226.27 Million) in capital expenditures (CN¥65.37 Million). Check Shenyang Toly Bread Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.29x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥226.27 Million
CNY

Capital Expenditures

CN¥65.37 Million
CNY

Data as of

Sep 2025
Most recent filing

Shenyang Toly Bread Co Ltd Capital Reinvestment Ratio (2012–2025)

This chart tracks Shenyang Toly Bread Co Ltd's Capital Reinvestment Ratio across 14 annual periods. For the full cash flow conversion analysis, see Shenyang Toly Bread Co Ltd (603866) cash flow conversion.

Annual Capital Reinvestment Ratio for Shenyang Toly Bread Co Ltd (2012–2025)

Year-by-year Capital Reinvestment Ratio for Shenyang Toly Bread Co Ltd from 2012 to 2025. See how much free cash does Shenyang Toly Bread Co Ltd generate to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2025 0.44x CN¥764.14 Million CN¥335.75 Million ▼ -33.2%
2024 0.66x CN¥997.80 Million CN¥656.64 Million ▼ -38.1%
2023 1.06x CN¥810.61 Million CN¥861.28 Million ▲ +25.9%
2022 0.84x CN¥1.07 Billion CN¥899.95 Million ▼ -23.4%
2021 1.10x CN¥1.01 Billion CN¥1.12 Billion ▲ +35.9%
2020 0.81x CN¥1.10 Billion CN¥892.91 Million ▼ -19.4%
2019 1.01x CN¥887.83 Million CN¥893.15 Million ▲ +104.1%
2018 0.49x CN¥803.22 Million CN¥395.86 Million ▼ -18.9%
2017 0.61x CN¥653.15 Million CN¥396.67 Million ▼ -27.7%
2016 0.84x CN¥519.49 Million CN¥436.30 Million ▲ +13.6%
2015 0.74x CN¥427.44 Million CN¥316.03 Million ▼ -8.6%
2014 0.81x CN¥319.38 Million CN¥258.40 Million ▲ +30.7%
2013 0.62x CN¥318.80 Million CN¥197.29 Million ▲ +20.5%
2012 0.51x CN¥249.90 Million CN¥128.33 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow