Novoray Corporation (688300) — Capital Reinvestment Ratio
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) net asset quality to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Novoray Corporation Capital Reinvestment Ratio (2012–2024)
This chart tracks Novoray Corporation's Capital Reinvestment Ratio across 13 annual periods. Check Novoray Corporation investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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 market cap of Novoray Corporation.
| 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 | — |