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 Zhejiang Power New Energy Co. Ltd. A free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

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.

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 how much is Zhejiang Power New Energy Co. Ltd. A worth.

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