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 how leveraged is Tian Zheng International Precision Machi's balance sheet to measure how much of total assets are equity-financed.

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. Check cash flow reinvestment rate of Tian Zheng International Precision Machi to assess the company's total reinvestment commitment from operating cash flow.

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 6654 stock 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