Tian Zheng International Precision Machinery Co Ltd Capital Reinvestment Ratio

Latest as of March 2024: 2.30x

Tian Zheng International Precision Machinery Co Ltd 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). See 6654 free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

2.30x
Capex / Operating Cash Flow

Operating Cash Flow

NT$23.76 Million
TWD

Capital Expenditures

NT$54.58 Million
TWD

Data as of

Mar 2024
Most recent filing

Capital Reinvestment Ratio of Tian Zheng International Precision Machinery Co Ltd (2017–2023)

Capital reinvestment ratio of Tian Zheng International Precision Machinery Co Ltd from 2017 to 2023. This chart tracks Tian Zheng International Precision Machinery Co Ltd's Capital Reinvestment Ratio across 6 annual periods. See 6654 financial flexibility score to measure the company's free cash flow as a share of total liabilities.

Tian Zheng International Precision Machinery Co Ltd Capital Reinvestment Ratio by Year (2017–2023)

Tian Zheng International Precision Machinery Co Ltd capital reinvestment ratio by year from 2017 to 2023. For the full cash flow conversion analysis, see Tian Zheng International Precision Machi (6654) cash flow conversion.

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