Wave Cyber Shanghai Co Ltd (688718) — Capital Reinvestment Ratio
Wave Cyber Shanghai Co Ltd (688718) has a Capital Reinvestment Ratio of 0.15x as of September 2025, meaning it reinvests 0% of its operating cash flow (CN¥21.99 Million) in capital expenditures (CN¥3.38 Million). Check 688718 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Wave Cyber Shanghai Co Ltd Capital Reinvestment Ratio (2017–2024)
This chart tracks Wave Cyber Shanghai Co Ltd's Capital Reinvestment Ratio across 8 annual periods. For the full cash flow conversion analysis, see Wave Cyber Shanghai Co Ltd (688718) cash flow conversion.
Annual Capital Reinvestment Ratio for Wave Cyber Shanghai Co Ltd (2017–2024)
Year-by-year Capital Reinvestment Ratio for Wave Cyber Shanghai Co Ltd from 2017 to 2024. See 688718 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 |
|---|---|---|---|---|
| 2024 | 0.65x | CN¥26.66 Million | CN¥17.20 Million | ▼ -70.7% |
| 2023 | 2.20x | CN¥22.65 Million | CN¥49.86 Million | ▲ +31.0% |
| 2022 | 1.68x | CN¥37.08 Million | CN¥62.33 Million | ▼ -48.6% |
| 2021 | 3.27x | CN¥40.75 Million | CN¥133.17 Million | ▲ +253.0% |
| 2020 | 0.93x | CN¥91.09 Million | CN¥84.32 Million | ▼ -13.6% |
| 2019 | 1.07x | CN¥65.58 Million | CN¥70.24 Million | ▲ +583.7% |
| 2018 | 0.16x | CN¥64.00 Million | CN¥10.03 Million | ▼ -50.1% |
| 2017 | 0.31x | CN¥65.25 Million | CN¥20.49 Million | — |