WINSON Machinery Co Ltd (4538) — Capital Reinvestment Ratio

Latest as of December 2025: 0.22x

WINSON Machinery Co Ltd (4538) has a Capital Reinvestment Ratio of 0.22x as of December 2025, meaning it reinvests 0% of its operating cash flow (NT$17.77 Million) in capital expenditures (NT$3.84 Million). Check 4538 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.22x

Capex / Operating Cash Flow

Operating Cash Flow

NT$17.77 Million

TWD

Capital Expenditures

NT$3.84 Million

TWD

Data as of

Dec 2025

Most recent filing

WINSON Machinery Co Ltd Capital Reinvestment Ratio (2012–2025)

This chart tracks WINSON Machinery Co Ltd's Capital Reinvestment Ratio across 14 annual periods. For the full cash flow conversion analysis, see WINSON Machinery Co Ltd (4538) cash conversion ratio.

Annual Capital Reinvestment Ratio for WINSON Machinery Co Ltd (2012–2025)

Year-by-year Capital Reinvestment Ratio for WINSON Machinery Co Ltd from 2012 to 2025. See how much free cash does WINSON Machinery Co Ltd generate to measure how efficiently the company converts operating cash flow to free cash.

Year	Reinvestment Ratio	Operating CF (TWD)	Capital Expenditures	YoY Change
2025	0.15x	NT$100.22 Million	NT$14.55 Million	▼ -30.0%
2024	0.21x	NT$98.75 Million	NT$20.47 Million	▼ -85.1%
2023	1.39x	NT$39.99 Million	NT$55.61 Million	▲ +272.3%
2022	0.37x	NT$121.59 Million	NT$45.42 Million	▼ -80.9%
2021	1.96x	NT$19.89 Million	NT$38.90 Million	▼ -18.9%
2020	2.41x	NT$46.77 Million	NT$112.78 Million	▲ +1625.3%
2019	0.14x	NT$189.12 Million	NT$26.43 Million	▼ -0.1%
2018	0.14x	NT$117.15 Million	NT$16.39 Million	▼ -68.7%
2017	0.45x	NT$87.55 Million	NT$39.10 Million	▲ +232.1%
2016	0.13x	NT$73.18 Million	NT$9.84 Million	▼ -48.2%
2015	0.26x	NT$106.52 Million	NT$27.62 Million	▼ -39.7%
2014	0.43x	NT$85.16 Million	NT$36.64 Million	▼ -60.1%
2013	1.08x	NT$53.86 Million	NT$58.02 Million	▲ +72.8%
2012	0.62x	NT$133.49 Million	NT$83.24 Million	—

Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow