Taiwan Paiho Ltd (9938) — Capital Reinvestment Ratio
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). Check tangible net worth ratio of Taiwan Paiho Ltd to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Taiwan Paiho Ltd Capital Reinvestment Ratio (2002–2025)
This chart tracks Taiwan Paiho Ltd's Capital Reinvestment Ratio across 24 annual periods. For the full cash flow conversion analysis, see 9938 cash flow conversion.
Annual Capital Reinvestment Ratio for Taiwan Paiho Ltd (2002–2025)
Year-by-year Capital Reinvestment Ratio for Taiwan Paiho Ltd from 2002 to 2025. See Taiwan Paiho Ltd (9938) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |