Shenzhen Xunjiexing Technology Corp. Ltd. (688655) — Capital Reinvestment Ratio

Latest as of September 2024: 2.28x

Shenzhen Xunjiexing Technology Corp. Ltd. (688655) has a Capital Reinvestment Ratio of 2.28x as of September 2024, meaning it reinvests 2% of its operating cash flow (CN¥26.16 Million) in capital expenditures (CN¥59.71 Million). Check Shenzhen Xunjiexing Technology Corp. Ltd (688655) tangible net worth to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

2.28x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥26.16 Million
CNY

Capital Expenditures

CN¥59.71 Million
CNY

Data as of

Sep 2024
Most recent filing

Shenzhen Xunjiexing Technology Corp. Ltd. Capital Reinvestment Ratio (2018–2024)

This chart tracks Shenzhen Xunjiexing Technology Corp. Ltd.'s Capital Reinvestment Ratio across 6 annual periods. For the full cash flow conversion analysis, see 688655 cash flow metrics.

Annual Capital Reinvestment Ratio for Shenzhen Xunjiexing Technology Corp. Ltd. (2018–2024)

Year-by-year Capital Reinvestment Ratio for Shenzhen Xunjiexing Technology Corp. Ltd. from 2018 to 2024. See cash generation quality of Shenzhen Xunjiexing Technology Corp. 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 1.57x CN¥90.21 Million CN¥141.26 Million ▼ -67.5%
2023 4.81x CN¥37.15 Million CN¥178.80 Million ▲ +442.1%
2022 0.89x CN¥82.23 Million CN¥73.01 Million ▲ +5.5%
2021 0.84x CN¥85.35 Million CN¥71.80 Million ▲ +467.7%
2020 0.15x CN¥54.41 Million CN¥8.06 Million ▼ -89.3%
2018 1.39x CN¥24.00 Million CN¥33.31 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow