Zhejiang He Chuan Technology Corp. Ltd. A (688320) — Capital Reinvestment Ratio

Latest as of December 2021: 3.09x

Zhejiang He Chuan Technology Corp. Ltd. A (688320) has a Capital Reinvestment Ratio of 3.09x as of December 2021, meaning it reinvests 3% of its operating cash flow (CN¥13.50 Million) in capital expenditures (CN¥41.74 Million). Check how tangible is Zhejiang He Chuan Technology Corp. Ltd. 's equity to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

3.09x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥13.50 Million
CNY

Capital Expenditures

CN¥41.74 Million
CNY

Data as of

Dec 2021
Most recent filing

Zhejiang He Chuan Technology Corp. Ltd. A Capital Reinvestment Ratio (2019–2021)

This chart tracks Zhejiang He Chuan Technology Corp. Ltd. A's Capital Reinvestment Ratio across 3 annual periods. For the full cash flow conversion analysis, see Zhejiang He Chuan Technology Corp. Ltd. operating cash flow efficiency.

Annual Capital Reinvestment Ratio for Zhejiang He Chuan Technology Corp. Ltd. A (2019–2021)

Year-by-year Capital Reinvestment Ratio for Zhejiang He Chuan Technology Corp. Ltd. A from 2019 to 2021. See 688320 free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2021 3.09x CN¥13.50 Million CN¥41.74 Million ▲ +100.8%
2020 1.54x CN¥47.02 Million CN¥72.37 Million ▼ -41.3%
2019 2.62x CN¥21.30 Million CN¥55.81 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow