Longyan Zhuoyue New Energy Co Ltd (688196) — Capital Reinvestment Ratio
Longyan Zhuoyue New Energy Co Ltd (688196) has a Capital Reinvestment Ratio of 0.11x as of June 2023, meaning it reinvests 0% of its operating cash flow (CN¥385.77 Million) in capital expenditures (CN¥40.96 Million). Check Longyan Zhuoyue New Energy Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Longyan Zhuoyue New Energy Co Ltd Capital Reinvestment Ratio (2016–2024)
This chart tracks Longyan Zhuoyue New Energy Co Ltd's Capital Reinvestment Ratio across 6 annual periods. For the full cash flow conversion analysis, see 688196 cash generation efficiency.
Annual Capital Reinvestment Ratio for Longyan Zhuoyue New Energy Co Ltd (2016–2024)
Year-by-year Capital Reinvestment Ratio for Longyan Zhuoyue New Energy Co Ltd from 2016 to 2024. See Longyan Zhuoyue New Energy Co Ltd free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CNY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 2.03x | CN¥118.85 Million | CN¥241.51 Million | ▲ +612.2% |
| 2022 | 0.29x | CN¥792.99 Million | CN¥226.25 Million | ▼ -62.2% |
| 2020 | 0.76x | CN¥253.02 Million | CN¥191.06 Million | ▲ +45.7% |
| 2019 | 0.52x | CN¥178.97 Million | CN¥92.75 Million | ▲ +74.2% |
| 2018 | 0.30x | CN¥255.46 Million | CN¥76.01 Million | ▼ -78.8% |
| 2016 | 1.40x | CN¥42.74 Million | CN¥60.01 Million | — |