Zhejiang Risun Intelligent Technology Co. Ltd. A (688215) — Capital Reinvestment Ratio

Latest as of December 2020: 5.99x

Zhejiang Risun Intelligent Technology Co. Ltd. A (688215) has a Capital Reinvestment Ratio of 5.99x as of December 2020, meaning it reinvests 6% of its operating cash flow (CN¥6.44 Million) in capital expenditures (CN¥38.58 Million). Check 688215 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

5.99x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥6.44 Million
CNY

Capital Expenditures

CN¥38.58 Million
CNY

Data as of

Dec 2020
Most recent filing

Zhejiang Risun Intelligent Technology Co. Ltd. A Capital Reinvestment Ratio (2019–2020)

This chart tracks Zhejiang Risun Intelligent Technology Co. Ltd. A's Capital Reinvestment Ratio across 2 annual periods. For the full cash flow conversion analysis, see Zhejiang Risun Intelligent Technology Co (688215) cash flow conversion.

Annual Capital Reinvestment Ratio for Zhejiang Risun Intelligent Technology Co. Ltd. A (2019–2020)

Year-by-year Capital Reinvestment Ratio for Zhejiang Risun Intelligent Technology Co. Ltd. A from 2019 to 2020. See 688215 free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2020 5.99x CN¥6.44 Million CN¥38.58 Million ▲ +606.3%
2019 0.85x CN¥18.42 Million CN¥15.61 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow