Novoray Corporation (688300) — Capital Reinvestment Ratio

Latest as of September 2025: 0.23x

Novoray Corporation (688300) has a Capital Reinvestment Ratio of 0.23x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥93.17 Million) in capital expenditures (CN¥21.60 Million). See Novoray Corporation (688300) free cash flow to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

0.23x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥93.17 Million
CNY

Capital Expenditures

CN¥21.60 Million
CNY

Data as of

Sep 2025
Most recent filing

Novoray Corporation Capital Reinvestment Ratio (2012–2024)

This chart tracks Novoray Corporation's Capital Reinvestment Ratio across 13 annual periods.

Annual Capital Reinvestment Ratio for Novoray Corporation (2012–2024)

Year-by-year Capital Reinvestment Ratio for Novoray Corporation from 2012 to 2024. For live market cap and broader valuation context, see Novoray Corporation market capitalisation.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2024 0.35x CN¥254.71 Million CN¥89.58 Million ▲ +63.8%
2023 0.21x CN¥246.95 Million CN¥53.02 Million ▼ -66.6%
2022 0.64x CN¥240.68 Million CN¥154.82 Million ▼ -52.5%
2021 1.36x CN¥153.42 Million CN¥207.97 Million ▼ -2.1%
2020 1.38x CN¥89.69 Million CN¥124.13 Million ▲ +84.8%
2019 0.75x CN¥80.58 Million CN¥60.34 Million ▲ +64.9%
2018 0.45x CN¥55.69 Million CN¥25.28 Million ▼ -88.8%
2017 4.05x CN¥6.50 Million CN¥26.30 Million ▲ +1109.7%
2016 0.33x CN¥23.17 Million CN¥7.75 Million ▼ -68.9%
2015 1.08x CN¥7.42 Million CN¥8.00 Million ▲ +619.0%
2014 0.15x CN¥17.33 Million CN¥2.60 Million ▼ -36.7%
2013 0.24x CN¥27.80 Million CN¥6.58 Million ▼ -87.6%
2012 1.92x CN¥16.16 Million CN¥30.96 Million —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow