Tianjin Silvery Dragon (603969) — Capital Reinvestment Ratio
Tianjin Silvery Dragon (603969) has a Capital Reinvestment Ratio of 0.09x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥69.53 Million) in capital expenditures (CN¥6.04 Million). Check tangible equity quality of Tianjin Silvery Dragon to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Tianjin Silvery Dragon Capital Reinvestment Ratio (2012–2022)
This chart tracks Tianjin Silvery Dragon's Capital Reinvestment Ratio across 7 annual periods. For the full cash flow conversion analysis, see 603969 cash generation efficiency.
Annual Capital Reinvestment Ratio for Tianjin Silvery Dragon (2012–2022)
Year-by-year Capital Reinvestment Ratio for Tianjin Silvery Dragon from 2012 to 2022. See Tianjin Silvery Dragon free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2022 | 0.35x | CN¥189.26 Million | CN¥66.75 Million | ▲ +887.3% |
| 2020 | 0.04x | CN¥270.59 Million | CN¥9.67 Million | ▼ -95.0% |
| 2018 | 0.71x | CN¥256.90 Million | CN¥181.85 Million | ▲ +29.6% |
| 2015 | 0.55x | CN¥212.25 Million | CN¥115.96 Million | ▲ +26.2% |
| 2014 | 0.43x | CN¥155.01 Million | CN¥67.13 Million | ▼ -72.8% |
| 2013 | 1.59x | CN¥69.00 Million | CN¥110.03 Million | ▼ -46.9% |
| 2012 | 3.00x | CN¥10.58 Million | CN¥31.76 Million | — |