China New Higher Education Group Limited (8CN) — Capital Reinvestment Ratio

Latest as of May 2019: 6.33x

China New Higher Education Group Limited (8CN) has a Capital Reinvestment Ratio of 6.33x as of May 2019, meaning it reinvests 6% of its operating cash flow (€10.48 Million) in capital expenditures (€66.34 Million). Check China New Higher Education Group Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

6.33x
Capex / Operating Cash Flow

Operating Cash Flow

€10.48 Million
EUR

Capital Expenditures

€66.34 Million
EUR

Data as of

May 2019
Most recent filing

China New Higher Education Group Limited Capital Reinvestment Ratio (2015–2025)

This chart tracks China New Higher Education Group Limited's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see how efficiently does China New Higher Education Group Limited generate cash.

Annual Capital Reinvestment Ratio for China New Higher Education Group Limited (2015–2025)

Year-by-year Capital Reinvestment Ratio for China New Higher Education Group Limited from 2015 to 2025. See 8CN FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (EUR) Capital Expenditures YoY Change
2025 0.55x €1.25 Billion €687.61 Million ▼ -1.0%
2024 0.55x €1.54 Billion €855.58 Million ▲ +13.5%
2023 0.49x €1.42 Billion €695.14 Million ▼ -1.8%
2022 0.50x €1.53 Billion €763.31 Million ▼ -4.6%
2021 0.52x €728.78 Million €380.04 Million ▲ +10.8%
2019 0.47x €830.91 Million €391.21 Million ▼ -31.6%
2018 0.69x €456.74 Million €314.51 Million ▲ +24.1%
2017 0.55x €287.06 Million €159.25 Million ▼ -19.7%
2016 0.69x €225.10 Million €155.46 Million ▲ +17.1%
2015 0.59x €254.36 Million €150.07 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow