Shenzhen United Winners Laser Co Ltd (688518) — Capital Reinvestment Ratio

Latest as of September 2025: 0.45x

Shenzhen United Winners Laser Co Ltd (688518) has a Capital Reinvestment Ratio of 0.45x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥76.75 Million) in capital expenditures (CN¥34.46 Million). Check Shenzhen United Winners Laser Co Ltd (688518) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.45x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥76.75 Million
CNY

Capital Expenditures

CN¥34.46 Million
CNY

Data as of

Sep 2025
Most recent filing

Shenzhen United Winners Laser Co Ltd Capital Reinvestment Ratio (2013–2023)

This chart tracks Shenzhen United Winners Laser Co Ltd's Capital Reinvestment Ratio across 6 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Shenzhen United Winners Laser Co Ltd.

Annual Capital Reinvestment Ratio for Shenzhen United Winners Laser Co Ltd (2013–2023)

Year-by-year Capital Reinvestment Ratio for Shenzhen United Winners Laser Co Ltd from 2013 to 2023. See Shenzhen United Winners Laser Co Ltd free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2023 0.67x CN¥236.31 Million CN¥159.44 Million ▲ +99.8%
2020 0.34x CN¥256.35 Million CN¥86.55 Million ▲ +11.2%
2019 0.30x CN¥104.05 Million CN¥31.59 Million ▲ +58.4%
2015 0.19x CN¥31.97 Million CN¥6.13 Million ▼ -47.7%
2014 0.37x CN¥18.30 Million CN¥6.70 Million ▼ -15.7%
2013 0.43x CN¥11.74 Million CN¥5.10 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow