Zhejiang Power New Energy Co. Ltd. A (688184) — Capital Reinvestment Ratio

Latest as of December 2023: 4.31x

Zhejiang Power New Energy Co. Ltd. A (688184) has a Capital Reinvestment Ratio of 4.31x as of December 2023, meaning it reinvests 4% of its operating cash flow (CN¥148.13 Million) in capital expenditures (CN¥637.94 Million). See net asset quality index of Zhejiang Power New Energy Co. Ltd. A to measure how much of total assets are equity-financed.

Capital Reinvestment Ratio

4.31x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥148.13 Million
CNY

Capital Expenditures

CN¥637.94 Million
CNY

Data as of

Dec 2023
Most recent filing

Zhejiang Power New Energy Co. Ltd. A Capital Reinvestment Ratio (2020–2023)

This chart tracks Zhejiang Power New Energy Co. Ltd. A's Capital Reinvestment Ratio across 3 annual periods. Check Zhejiang Power New Energy Co. Ltd. A cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Capital Reinvestment Ratio for Zhejiang Power New Energy Co. Ltd. A (2020–2023)

Year-by-year Capital Reinvestment Ratio for Zhejiang Power New Energy Co. Ltd. A from 2020 to 2023. For live market cap and broader valuation context, see market value of Zhejiang Power New Energy Co. Ltd. A.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2023 4.31x CN¥148.13 Million CN¥637.94 Million ▼ -77.0%
2022 18.72x CN¥21.17 Million CN¥396.45 Million ▲ +737.1%
2020 2.24x CN¥37.12 Million CN¥83.02 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow