Zhejiang Tieliu Clutch Co Ltd (603926) — Capital Reinvestment Ratio

Latest as of September 2025: 0.17x

Zhejiang Tieliu Clutch Co Ltd (603926) has a Capital Reinvestment Ratio of 0.17x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥93.54 Million) in capital expenditures (CN¥16.32 Million). Check tangible equity quality of Zhejiang Tieliu Clutch Co Ltd to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.17x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥93.54 Million
CNY

Capital Expenditures

CN¥16.32 Million
CNY

Data as of

Sep 2025
Most recent filing

Zhejiang Tieliu Clutch Co Ltd Capital Reinvestment Ratio (2012–2024)

This chart tracks Zhejiang Tieliu Clutch Co Ltd's Capital Reinvestment Ratio across 13 annual periods. For the full cash flow conversion analysis, see Zhejiang Tieliu Clutch Co Ltd operating cash flow efficiency.

Annual Capital Reinvestment Ratio for Zhejiang Tieliu Clutch Co Ltd (2012–2024)

Year-by-year Capital Reinvestment Ratio for Zhejiang Tieliu Clutch Co Ltd from 2012 to 2024. See how much free cash does Zhejiang Tieliu Clutch 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
2024 0.45x CN¥211.58 Million CN¥94.87 Million ▲ +20.3%
2023 0.37x CN¥343.59 Million CN¥128.07 Million ▼ -41.3%
2022 0.63x CN¥262.27 Million CN¥166.45 Million ▼ -6.6%
2021 0.68x CN¥157.40 Million CN¥106.96 Million ▲ +33.1%
2020 0.51x CN¥224.42 Million CN¥114.57 Million ▲ +9.5%
2019 0.47x CN¥240.84 Million CN¥112.29 Million ▼ -22.3%
2018 0.60x CN¥109.28 Million CN¥65.59 Million ▼ -27.3%
2017 0.83x CN¥66.73 Million CN¥55.10 Million ▲ +64.0%
2016 0.50x CN¥89.84 Million CN¥45.25 Million ▲ +3.7%
2015 0.49x CN¥164.15 Million CN¥79.76 Million ▲ +28.9%
2014 0.38x CN¥141.25 Million CN¥53.23 Million ▲ +57.5%
2013 0.24x CN¥165.74 Million CN¥39.66 Million ▼ -33.7%
2012 0.36x CN¥118.56 Million CN¥42.81 Million —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow