Ningbo Peace Bird Fashion (603877) — Capital Reinvestment Ratio

Latest as of September 2025: 0.39x

Ningbo Peace Bird Fashion (603877) has a Capital Reinvestment Ratio of 0.39x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥189.74 Million) in capital expenditures (CN¥74.65 Million). Check 603877 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.39x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥189.74 Million
CNY

Capital Expenditures

CN¥74.65 Million
CNY

Data as of

Sep 2025
Most recent filing

Ningbo Peace Bird Fashion Capital Reinvestment Ratio (2011–2024)

This chart tracks Ningbo Peace Bird Fashion's Capital Reinvestment Ratio across 13 annual periods. For the full cash flow conversion analysis, see Ningbo Peace Bird Fashion operating cash flow efficiency.

Annual Capital Reinvestment Ratio for Ningbo Peace Bird Fashion (2011–2024)

Year-by-year Capital Reinvestment Ratio for Ningbo Peace Bird Fashion from 2011 to 2024. See how much free cash does Ningbo Peace Bird Fashion generate to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2024 0.42x CN¥860.32 Million CN¥362.64 Million ▲ +122.1%
2023 0.19x CN¥1.32 Billion CN¥250.01 Million ▼ -69.5%
2022 0.62x CN¥398.82 Million CN¥248.10 Million ▲ +120.8%
2021 0.28x CN¥1.30 Billion CN¥366.28 Million ▼ -16.9%
2020 0.34x CN¥1.15 Billion CN¥391.40 Million ▼ -44.1%
2019 0.61x CN¥868.44 Million CN¥526.55 Million ▲ +11.9%
2018 0.54x CN¥852.94 Million CN¥462.23 Million ▼ -17.9%
2017 0.66x CN¥627.23 Million CN¥414.12 Million ▲ +81.0%
2016 0.36x CN¥630.17 Million CN¥229.90 Million ▼ -64.3%
2015 1.02x CN¥236.98 Million CN¥242.18 Million ▲ +98.7%
2014 0.51x CN¥529.69 Million CN¥272.37 Million ▼ -34.6%
2013 0.79x CN¥531.79 Million CN¥417.89 Million ▼ -56.9%
2011 1.82x CN¥49.86 Million CN¥90.87 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow