Mi Chang Oil (003650) — Cash Flow Reinvestment Rate

Latest as of March 2026: 1.12x

Mi Chang Oil (003650) has a Cash Flow Reinvestment Rate of 1.12x as of March 2026, reinvesting ₩22.70 Billion (capex ₩468.43 Million plus investments ₩-22.23 Billion) from operating cash flow of ₩20.35 Billion. See 003650 free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

1.12x
(Capex + Investments) / Operating CF

Total Reinvested

₩22.70 Billion
Capex + Investments

Operating Cash Flow

₩20.35 Billion
KRW

Capital Expenditures

₩468.43 Million
KRW

Mi Chang Oil Cash Flow Reinvestment Rate (2009–2025)

Historical reinvestment intensity for Mi Chang Oil across 15 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Mi Chang Oil.

Annual Cash Flow Reinvestment Rate for Mi Chang Oil (2009–2025)

Year-by-year capital reinvestment analysis for Mi Chang Oil. See financial agility of Mi Chang Oil to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (KRW) Operating CF Capex YoY Change
2025 0.16x ₩6.37 Billion ₩40.34 Billion ₩2.58 Billion ▼ -93.2%
2024 2.31x ₩54.72 Billion ₩23.71 Billion ₩6.72 Billion ▲ +716.9%
2023 0.28x ₩15.28 Billion ₩54.10 Billion ₩824.48 Million ▼ -80.3%
2022 1.44x ₩22.02 Billion ₩15.32 Billion ₩1.15 Billion ▼ -24.4%
2021 1.90x ₩28.98 Billion ₩15.24 Billion ₩1.66 Billion ▲ +1182.2%
2020 0.15x ₩5.66 Billion ₩38.16 Billion ₩4.15 Billion ▼ -95.0%
2019 2.95x ₩19.12 Billion ₩6.48 Billion ₩8.52 Billion ▼ -1.7%
2018 3.00x ₩36.31 Billion ₩12.09 Billion ₩17.80 Billion ▲ +206.5%
2016 0.98x ₩28.03 Billion ₩28.60 Billion ₩4.09 Billion ▲ +15.9%
2015 0.85x ₩33.97 Billion ₩40.17 Billion ₩4.66 Billion ▲ +12.0%
2014 0.76x ₩22.09 Billion ₩29.25 Billion ₩3.20 Billion ▼ -11.3%
2013 0.85x ₩18.21 Billion ₩21.39 Billion ₩12.76 Billion ▲ +21.4%
2012 0.70x ₩16.63 Billion ₩23.71 Billion ₩6.98 Billion ▼ -76.8%
2010 3.03x ₩21.85 Billion ₩7.21 Billion ₩7.01 Billion ▲ +131.1%
2009 1.31x ₩31.96 Billion ₩24.38 Billion ₩979.61 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow