Taiwan Paiho Ltd (9938) — Capital Reinvestment Ratio
Latest as of December 2025:
0.73x
Taiwan Paiho Ltd (9938) has a Capital Reinvestment Ratio of 0.73x as of December 2025, meaning it reinvests 1% of its operating cash flow (NT$831.26 Million) in capital expenditures (NT$603.29 Million). See 9938 free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.73x
Capex / Operating Cash Flow
Operating Cash Flow
NT$831.26 Million
TWD
Capital Expenditures
NT$603.29 Million
TWD
Data as of
Dec 2025
Most recent filing
Taiwan Paiho Ltd Capital Reinvestment Ratio (2002–2025)
This chart tracks Taiwan Paiho Ltd's Capital Reinvestment Ratio across 24 annual periods.
Annual Capital Reinvestment Ratio for Taiwan Paiho Ltd (2002–2025)
Year-by-year Capital Reinvestment Ratio for Taiwan Paiho Ltd from 2002 to 2025. For live market cap and broader valuation context, see Taiwan Paiho Ltd (9938) total market value.
| Year | Reinvestment Ratio | Operating CF (TWD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.83x | NT$2.34 Billion | NT$1.94 Billion | ▲ +60.2% |
| 2024 | 0.52x | NT$2.74 Billion | NT$1.41 Billion | ▼ -59.5% |
| 2023 | 1.27x | NT$1.36 Billion | NT$1.73 Billion | ▲ +5.0% |
| 2022 | 1.21x | NT$3.07 Billion | NT$3.72 Billion | ▲ +89.1% |
| 2021 | 0.64x | NT$2.29 Billion | NT$1.47 Billion | ▲ +123.5% |
| 2020 | 0.29x | NT$5.26 Billion | NT$1.51 Billion | ▼ -82.8% |
| 2019 | 1.67x | NT$1.77 Billion | NT$2.96 Billion | ▲ +53.1% |
| 2018 | 1.09x | NT$2.68 Billion | NT$2.91 Billion | ▼ -65.5% |
| 2017 | 3.15x | NT$1.16 Billion | NT$3.65 Billion | ▲ +306.0% |
| 2016 | 0.78x | NT$2.17 Billion | NT$1.69 Billion | ▲ +0.7% |
| 2015 | 0.77x | NT$2.07 Billion | NT$1.60 Billion | ▲ +150.2% |
| 2014 | 0.31x | NT$2.00 Billion | NT$617.09 Million | ▼ -45.4% |
| 2013 | 0.56x | NT$1.46 Billion | NT$825.69 Million | ▼ -5.2% |
| 2012 | 0.60x | NT$1.30 Billion | NT$773.02 Million | ▲ +57.3% |
| 2011 | 0.38x | NT$1.32 Billion | NT$499.54 Million | ▼ -56.5% |
| 2010 | 0.87x | NT$496.60 Million | NT$432.26 Million | ▲ +101.3% |
| 2009 | 0.43x | NT$1.04 Billion | NT$449.21 Million | ▼ -62.8% |
| 2008 | 1.16x | NT$712.88 Million | NT$828.39 Million | ▼ -56.8% |
| 2007 | 2.69x | NT$358.89 Million | NT$964.26 Million | ▲ +220.4% |
| 2006 | 0.84x | NT$455.93 Million | NT$382.27 Million | ▼ -36.1% |
| 2005 | 1.31x | NT$299.44 Million | NT$392.89 Million | ▲ +11.0% |
| 2004 | 1.18x | NT$425.24 Million | NT$502.71 Million | ▼ -54.2% |
| 2003 | 2.58x | NT$233.49 Million | NT$602.80 Million | ▲ +17.2% |
| 2002 | 2.20x | NT$154.65 Million | NT$340.54 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow