iRay Technology Co Ltd (688301) — Capital Reinvestment Ratio

Latest as of September 2025: 1.46x

iRay Technology Co Ltd (688301) has a Capital Reinvestment Ratio of 1.46x as of September 2025, meaning it reinvests 1% of its operating cash flow (CN¥343.82 Million) in capital expenditures (CN¥500.60 Million). Check tangible equity quality of iRay Technology Co Ltd to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

1.46x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥343.82 Million
CNY

Capital Expenditures

CN¥500.60 Million
CNY

Data as of

Sep 2025
Most recent filing

iRay Technology Co Ltd Capital Reinvestment Ratio (2015–2024)

This chart tracks iRay Technology Co Ltd's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see 688301 cash flow metrics.

Annual Capital Reinvestment Ratio for iRay Technology Co Ltd (2015–2024)

Year-by-year Capital Reinvestment Ratio for iRay Technology Co Ltd from 2015 to 2024. See free cash flow generation of iRay Technology Co Ltd to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2024 4.00x CN¥360.42 Million CN¥1.44 Billion ▼ -26.6%
2023 5.45x CN¥340.32 Million CN¥1.85 Billion ▲ +140.4%
2022 2.27x CN¥316.62 Million CN¥717.32 Million ▲ +193.1%
2021 0.77x CN¥248.02 Million CN¥191.71 Million ▲ +1102.3%
2020 0.06x CN¥262.32 Million CN¥16.86 Million ▼ -95.1%
2019 1.30x CN¥30.78 Million CN¥40.06 Million ▼ -47.3%
2018 2.47x CN¥19.29 Million CN¥47.66 Million ▲ +596.1%
2017 0.35x CN¥101.68 Million CN¥36.08 Million ▼ -31.2%
2016 0.52x CN¥40.10 Million CN¥20.68 Million ▲ +119.3%
2015 0.24x CN¥63.45 Million CN¥14.92 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow