Tian Zheng International Precision Machinery Co Ltd (6654) — Capital Reinvestment Ratio

Latest as of March 2024: 2.30x

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 Tian Zheng International Precision Machi (6654) free cash flow 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

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.

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. For live market cap and broader valuation context, see Tian Zheng International Precision Machi (6654) market capitalisation.

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