Zhejiang Xinao Textiles Inc (603889) — Capital Reinvestment Ratio

Latest as of September 2025: 0.21x

Zhejiang Xinao Textiles Inc (603889) has a Capital Reinvestment Ratio of 0.21x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥254.44 Million) in capital expenditures (CN¥53.66 Million). Check tangible equity quality of Zhejiang Xinao Textiles Inc to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.21x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥254.44 Million
CNY

Capital Expenditures

CN¥53.66 Million
CNY

Data as of

Sep 2025
Most recent filing

Zhejiang Xinao Textiles Inc Capital Reinvestment Ratio (2011–2024)

This chart tracks Zhejiang Xinao Textiles Inc's Capital Reinvestment Ratio across 12 annual periods. For the full cash flow conversion analysis, see how efficiently does Zhejiang Xinao Textiles Inc generate cash.

Annual Capital Reinvestment Ratio for Zhejiang Xinao Textiles Inc (2011–2024)

Year-by-year Capital Reinvestment Ratio for Zhejiang Xinao Textiles Inc from 2011 to 2024. See cash generation quality of Zhejiang Xinao Textiles Inc to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2024 2.04x CN¥369.82 Million CN¥755.23 Million ▲ +65.5%
2023 1.23x CN¥552.17 Million CN¥681.28 Million ▲ +354.7%
2022 0.27x CN¥372.99 Million CN¥101.22 Million ▼ -7.8%
2020 0.29x CN¥301.47 Million CN¥88.75 Million ▼ -65.1%
2019 0.84x CN¥398.65 Million CN¥336.30 Million ▼ -52.0%
2017 1.76x CN¥168.99 Million CN¥296.79 Million ▲ +7.7%
2016 1.63x CN¥155.85 Million CN¥254.05 Million ▲ +209.2%
2015 0.53x CN¥231.45 Million CN¥122.01 Million ▼ -40.1%
2014 0.88x CN¥113.44 Million CN¥99.79 Million ▼ -45.0%
2013 1.60x CN¥84.21 Million CN¥134.60 Million ▲ +180.2%
2012 0.57x CN¥126.85 Million CN¥72.37 Million ▼ -39.9%
2011 0.95x CN¥104.98 Million CN¥99.60 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow