Shenzhen Kaifa Technology Co Ltd (000021) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.51x

Shenzhen Kaifa Technology Co Ltd (000021) has a Cash Flow Reinvestment Rate of 0.51x as of September 2025, reinvesting CN¥326.76 Million (capex CN¥326.76 Million ) from operating cash flow of CN¥638.44 Million. See 000021 FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.51x
(Capex + Investments) / Operating CF

Total Reinvested

CN¥326.76 Million
Capex + Investments

Operating Cash Flow

CN¥638.44 Million
CNY

Capital Expenditures

CN¥326.76 Million
CNY

Shenzhen Kaifa Technology Co Ltd Cash Flow Reinvestment Rate (1998–2025)

Historical reinvestment intensity for Shenzhen Kaifa Technology Co Ltd across 24 annual periods. For the full cash flow conversion analysis, see 000021 cash flow metrics.

Annual Cash Flow Reinvestment Rate for Shenzhen Kaifa Technology Co Ltd (1998–2025)

Year-by-year capital reinvestment analysis for Shenzhen Kaifa Technology Co Ltd. See 000021 financial flexibility score to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (CNY) Operating CF Capex YoY Change
2025 0.70x CN¥1.24 Billion CN¥1.76 Billion CN¥1.22 Billion ▲ +14.6%
2024 0.62x CN¥1.49 Billion CN¥2.43 Billion CN¥1.43 Billion ▲ +0.2%
2023 0.61x CN¥1.23 Billion CN¥2.00 Billion CN¥1.09 Billion ▼ -73.6%
2022 2.33x CN¥2.08 Billion CN¥895.70 Million CN¥1.88 Billion ▼ -29.1%
2021 3.28x CN¥2.85 Billion CN¥867.61 Million CN¥2.83 Billion ▲ +391.3%
2020 0.67x CN¥2.09 Billion CN¥3.12 Billion CN¥1.94 Billion ▼ -80.9%
2018 3.50x CN¥1.47 Billion CN¥420.77 Million CN¥776.01 Million ▲ +104.8%
2017 1.71x CN¥1.23 Billion CN¥719.67 Million CN¥1.21 Billion ▼ -71.2%
2016 5.93x CN¥2.11 Billion CN¥356.54 Million CN¥1.02 Billion ▲ +237.6%
2015 1.76x CN¥861.02 Million CN¥490.46 Million CN¥760.14 Million ▲ +207.7%
2013 0.57x CN¥256.08 Million CN¥448.85 Million CN¥256.08 Million ▼ -43.6%
2012 1.01x CN¥291.02 Million CN¥287.85 Million CN¥291.02 Million ▼ -35.0%
2011 1.55x CN¥264.39 Million CN¥170.08 Million CN¥264.39 Million ▼ -55.6%
2010 3.50x CN¥400.74 Million CN¥114.43 Million CN¥400.74 Million ▲ +790.3%
2009 0.39x CN¥194.20 Million CN¥493.69 Million CN¥194.20 Million ▼ -36.2%
2008 0.62x CN¥208.73 Million CN¥338.52 Million CN¥208.73 Million ▲ +173.1%
2006 0.23x CN¥160.82 Million CN¥712.39 Million CN¥160.82 Million ▼ -35.5%
2005 0.35x CN¥61.60 Million CN¥176.07 Million CN¥61.60 Million ▲ +697.2%
2004 0.04x CN¥25.09 Million CN¥571.80 Million CN¥25.09 Million ▼ -0.7%
2003 0.04x CN¥37.41 Million CN¥846.69 Million CN¥37.41 Million ▼ -67.4%
2002 0.14x CN¥34.55 Million CN¥255.04 Million CN¥34.55 Million ▼ -86.6%
2001 1.01x CN¥206.89 Million CN¥204.96 Million CN¥206.89 Million ▲ +146.1%
1999 0.41x CN¥203.53 Million CN¥496.29 Million CN¥203.53 Million ▼ -64.9%
1998 1.17x CN¥387.55 Million CN¥331.24 Million CN¥387.55 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow