Zhejiang Zone King Environmental Sci&Tech Co Ltd (688701) — Capital Reinvestment Ratio

Latest as of December 2020: 0.17x

Zhejiang Zone King Environmental Sci&Tech Co Ltd (688701) has a Capital Reinvestment Ratio of 0.17x as of December 2020, meaning it reinvests 0% of its operating cash flow (CN¥12.42 Million) in capital expenditures (CN¥2.06 Million). Check Zhejiang Zone King Environmental Sci&Tec tangible book value ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.17x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥12.42 Million
CNY

Capital Expenditures

CN¥2.06 Million
CNY

Data as of

Dec 2020
Most recent filing

Zhejiang Zone King Environmental Sci&Tech Co Ltd Capital Reinvestment Ratio (2017–2024)

This chart tracks Zhejiang Zone King Environmental Sci&Tech Co Ltd's Capital Reinvestment Ratio across 3 annual periods. For the full cash flow conversion analysis, see Zhejiang Zone King Environmental Sci&Tec cash flow conversion.

Annual Capital Reinvestment Ratio for Zhejiang Zone King Environmental Sci&Tech Co Ltd (2017–2024)

Year-by-year Capital Reinvestment Ratio for Zhejiang Zone King Environmental Sci&Tech Co Ltd from 2017 to 2024. See Zhejiang Zone King Environmental Sci&Tec 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
2024 0.39x CN¥9.91 Million CN¥3.89 Million ▼ -77.5%
2020 1.74x CN¥9.23 Million CN¥16.08 Million ▼ -75.2%
2017 7.02x CN¥637.74K CN¥4.48 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow