Sino Horizon Holdings Ltd (2923) — Capital Reinvestment Ratio

Latest as of September 2023: 4.92x

Sino Horizon Holdings Ltd (2923) has a Capital Reinvestment Ratio of 4.92x as of September 2023, meaning it reinvests 5% of its operating cash flow (NT$248.97 Million) in capital expenditures (NT$1.22 Billion). Check 2923 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

4.92x
Capex / Operating Cash Flow

Operating Cash Flow

NT$248.97 Million
TWD

Capital Expenditures

NT$1.22 Billion
TWD

Data as of

Sep 2023
Most recent filing

Sino Horizon Holdings Ltd Capital Reinvestment Ratio (2015–2023)

This chart tracks Sino Horizon Holdings Ltd's Capital Reinvestment Ratio across 5 annual periods. For the full cash flow conversion analysis, see 2923 cash flow metrics.

Annual Capital Reinvestment Ratio for Sino Horizon Holdings Ltd (2015–2023)

Year-by-year Capital Reinvestment Ratio for Sino Horizon Holdings Ltd from 2015 to 2023. See Sino Horizon Holdings Ltd (2923) free cash flow to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (TWD) Capital Expenditures YoY Change
2023 0.57x NT$322.99 Million NT$182.58 Million ▲ +1591.3%
2022 0.03x NT$1.94 Billion NT$64.75 Million ▲ +343.3%
2020 0.01x NT$1.68 Billion NT$12.63 Million ▼ -76.9%
2018 0.03x NT$1.31 Billion NT$42.84 Million ▼ -6.0%
2015 0.03x NT$3.22 Billion NT$111.65 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow