CareRay Digital Medical Technology Co Ltd (688607) — Capital Reinvestment Ratio

Latest as of September 2024: 1.33x

CareRay Digital Medical Technology Co Ltd (688607) has a Capital Reinvestment Ratio of 1.33x as of September 2024, meaning it reinvests 1% of its operating cash flow (CN¥22.34 Million) in capital expenditures (CN¥29.78 Million). Check CareRay Digital Medical Technology Co Lt tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

1.33x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥22.34 Million
CNY

Capital Expenditures

CN¥29.78 Million
CNY

Data as of

Sep 2024
Most recent filing

CareRay Digital Medical Technology Co Ltd Capital Reinvestment Ratio (2017–2024)

This chart tracks CareRay Digital Medical Technology Co Ltd's Capital Reinvestment Ratio across 7 annual periods. For the full cash flow conversion analysis, see 688607 cash generation efficiency.

Annual Capital Reinvestment Ratio for CareRay Digital Medical Technology Co Ltd (2017–2024)

Year-by-year Capital Reinvestment Ratio for CareRay Digital Medical Technology Co Ltd from 2017 to 2024. See how much free cash does CareRay Digital Medical Technology Co Lt generate to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2024 4.25x CN¥22.62 Million CN¥96.20 Million ▲ +111.5%
2023 2.01x CN¥21.48 Million CN¥43.19 Million ▲ +350.7%
2021 0.45x CN¥31.53 Million CN¥14.07 Million ▲ +356.6%
2020 0.10x CN¥71.18 Million CN¥6.96 Million ▼ -51.7%
2019 0.20x CN¥21.59 Million CN¥4.37 Million ▲ +171.2%
2018 0.07x CN¥32.95 Million CN¥2.46 Million ▲ +15.0%
2017 0.06x CN¥29.00 Million CN¥1.88 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow