Zhejiang Power New Energy Co. Ltd. A (688184) — Capital Reinvestment Ratio
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). Check 688184 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
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. For the full cash flow conversion analysis, see Zhejiang Power New Energy Co. Ltd. A (688184) cash conversion ratio.
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. See 688184 cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |