Zhejiang Natural Outdoor Goods Inc. (605080) — Capital Reinvestment Ratio

Latest as of December 2024: 1.38x

Zhejiang Natural Outdoor Goods Inc. (605080) has a Capital Reinvestment Ratio of 1.38x as of December 2024, meaning it reinvests 1% of its operating cash flow (CN¥156.80 Million) in capital expenditures (CN¥215.78 Million). Check Zhejiang Natural Outdoor Goods Inc. tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

1.38x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥156.80 Million
CNY

Capital Expenditures

CN¥215.78 Million
CNY

Data as of

Dec 2024
Most recent filing

Zhejiang Natural Outdoor Goods Inc. Capital Reinvestment Ratio (2019–2024)

This chart tracks Zhejiang Natural Outdoor Goods Inc.'s Capital Reinvestment Ratio across 6 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Zhejiang Natural Outdoor Goods Inc..

Annual Capital Reinvestment Ratio for Zhejiang Natural Outdoor Goods Inc. (2019–2024)

Year-by-year Capital Reinvestment Ratio for Zhejiang Natural Outdoor Goods Inc. from 2019 to 2024. See Zhejiang Natural Outdoor Goods Inc. 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
2024 1.38x CN¥156.80 Million CN¥215.78 Million ▲ +82.6%
2023 0.75x CN¥239.71 Million CN¥180.69 Million ▲ +12.7%
2022 0.67x CN¥227.72 Million CN¥152.35 Million ▼ -31.0%
2021 0.97x CN¥142.59 Million CN¥138.29 Million ▲ +102.5%
2020 0.48x CN¥205.71 Million CN¥98.52 Million ▼ -59.4%
2019 1.18x CN¥85.78 Million CN¥101.28 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow