Ningbo Deye Technology Co Ltd (605117) — Capital Reinvestment Ratio

Latest as of June 2023: 0.16x

Ningbo Deye Technology Co Ltd (605117) has a Capital Reinvestment Ratio of 0.16x as of June 2023, meaning it reinvests 0% of its operating cash flow (CN¥1.00 Billion) in capital expenditures (CN¥155.62 Million). Check how tangible is Ningbo Deye Technology Co Ltd's equity to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.16x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥1.00 Billion
CNY

Capital Expenditures

CN¥155.62 Million
CNY

Data as of

Jun 2023
Most recent filing

Ningbo Deye Technology Co Ltd Capital Reinvestment Ratio (2019–2024)

This chart tracks Ningbo Deye Technology Co Ltd's Capital Reinvestment Ratio across 6 annual periods. For the full cash flow conversion analysis, see 605117 cash generation efficiency.

Annual Capital Reinvestment Ratio for Ningbo Deye Technology Co Ltd (2019–2024)

Year-by-year Capital Reinvestment Ratio for Ningbo Deye Technology Co Ltd from 2019 to 2024. See Ningbo Deye Technology Co Ltd 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 0.14x CN¥3.37 Billion CN¥468.90 Million ▼ -61.3%
2023 0.36x CN¥2.08 Billion CN¥748.80 Million ▼ -2.0%
2022 0.37x CN¥2.20 Billion CN¥809.14 Million ▼ -51.4%
2021 0.76x CN¥796.61 Million CN¥601.95 Million ▲ +309.7%
2020 0.18x CN¥453.68 Million CN¥83.68 Million ▲ +23.0%
2019 0.15x CN¥380.76 Million CN¥57.08 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow