Shanghai M&G Stationery Inc (603899) — Capital Reinvestment Ratio
Shanghai M&G Stationery Inc (603899) has a Capital Reinvestment Ratio of 0.15x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥755.55 Million) in capital expenditures (CN¥114.38 Million). Check tangible net worth ratio of Shanghai M&G Stationery Inc to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Shanghai M&G Stationery Inc Capital Reinvestment Ratio (2011–2025)
This chart tracks Shanghai M&G Stationery Inc's Capital Reinvestment Ratio across 15 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Shanghai M&G Stationery Inc.
Annual Capital Reinvestment Ratio for Shanghai M&G Stationery Inc (2011–2025)
Year-by-year Capital Reinvestment Ratio for Shanghai M&G Stationery Inc from 2011 to 2025. See Shanghai M&G Stationery Inc (603899) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.16x | CN¥2.28 Billion | CN¥366.85 Million | ▲ +11.8% |
| 2024 | 0.14x | CN¥2.29 Billion | CN¥329.27 Million | ▲ +80.6% |
| 2023 | 0.08x | CN¥2.62 Billion | CN¥208.43 Million | ▼ -33.8% |
| 2022 | 0.12x | CN¥1.35 Billion | CN¥162.55 Million | ▼ -50.8% |
| 2021 | 0.24x | CN¥1.56 Billion | CN¥381.90 Million | ▼ -4.0% |
| 2020 | 0.25x | CN¥1.27 Billion | CN¥323.94 Million | ▼ -27.0% |
| 2019 | 0.35x | CN¥1.08 Billion | CN¥377.74 Million | ▼ -9.2% |
| 2018 | 0.38x | CN¥827.94 Million | CN¥318.23 Million | ▼ -48.8% |
| 2017 | 0.75x | CN¥717.50 Million | CN¥538.78 Million | ▲ +144.6% |
| 2016 | 0.31x | CN¥681.59 Million | CN¥209.26 Million | ▲ +18.7% |
| 2015 | 0.26x | CN¥497.27 Million | CN¥128.66 Million | ▼ -64.6% |
| 2014 | 0.73x | CN¥342.51 Million | CN¥250.22 Million | ▼ -38.0% |
| 2013 | 1.18x | CN¥218.97 Million | CN¥257.92 Million | ▲ +139.9% |
| 2012 | 0.49x | CN¥275.21 Million | CN¥135.11 Million | ▼ -61.1% |
| 2011 | 1.26x | CN¥53.58 Million | CN¥67.66 Million | — |