Tian Zheng International Precision Machinery Co Ltd (6654) — Capital Reinvestment Ratio
Tian Zheng International Precision Machinery Co Ltd (6654) has a Capital Reinvestment Ratio of 2.30x as of March 2024, meaning it reinvests 2% of its operating cash flow (NT$23.76 Million) in capital expenditures (NT$54.58 Million). Check 6654 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Tian Zheng International Precision Machinery Co Ltd Capital Reinvestment Ratio (2017–2023)
This chart tracks Tian Zheng International Precision Machinery Co Ltd's Capital Reinvestment Ratio across 6 annual periods. For the full cash flow conversion analysis, see Tian Zheng International Precision Machi cash conversion from operations.
Annual Capital Reinvestment Ratio for Tian Zheng International Precision Machinery Co Ltd (2017–2023)
Year-by-year Capital Reinvestment Ratio for Tian Zheng International Precision Machinery Co Ltd from 2017 to 2023. See Tian Zheng International Precision Machi free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (TWD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2023 | 2.01x | NT$139.37 Million | NT$279.45 Million | ▼ -59.2% |
| 2022 | 4.92x | NT$84.34 Million | NT$414.70 Million | ▲ +754.7% |
| 2020 | 0.58x | NT$14.19 Million | NT$8.16 Million | ▲ +288.3% |
| 2019 | 0.15x | NT$39.70 Million | NT$5.88 Million | ▲ +115.9% |
| 2018 | 0.07x | NT$197.85 Million | NT$13.58 Million | ▲ +41.8% |
| 2017 | 0.05x | NT$112.53 Million | NT$5.45 Million | — |