Avary Holding Shenzhen Co Ltd Class A (002938) — Cash Flow Reinvestment Rate

Latest as of June 2025: 1.95x

Avary Holding Shenzhen Co Ltd Class A (002938) has a Cash Flow Reinvestment Rate of 1.95x as of June 2025, reinvesting CN¥3.45 Billion (capex CN¥1.78 Billion plus investments CN¥-1.67 Billion) from operating cash flow of CN¥1.77 Billion. See Avary Holding Shenzhen Co Ltd Class A (002938) free cash flow to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

1.95x
(Capex + Investments) / Operating CF

Total Reinvested

CN¥3.45 Billion
Capex + Investments

Operating Cash Flow

CN¥1.77 Billion
CNY

Capital Expenditures

CN¥1.78 Billion
CNY

Avary Holding Shenzhen Co Ltd Class A Cash Flow Reinvestment Rate (2014–2025)

Historical reinvestment intensity for Avary Holding Shenzhen Co Ltd Class A across 12 annual periods. For the full cash flow conversion analysis, see Avary Holding Shenzhen Co Ltd Class A cash conversion from operations.

Annual Cash Flow Reinvestment Rate for Avary Holding Shenzhen Co Ltd Class A (2014–2025)

Year-by-year capital reinvestment analysis for Avary Holding Shenzhen Co Ltd Class A. See 002938 FCF to total liabilities ratio 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 0.94x CN¥6.88 Billion CN¥7.29 Billion CN¥6.63 Billion ▲ +125.7%
2024 0.42x CN¥2.97 Billion CN¥7.08 Billion CN¥2.84 Billion ▼ -58.1%
2023 1.00x CN¥7.97 Billion CN¥7.97 Billion CN¥3.51 Billion ▲ +143.5%
2022 0.41x CN¥4.50 Billion CN¥10.96 Billion CN¥4.34 Billion ▼ -74.7%
2021 1.62x CN¥6.98 Billion CN¥4.30 Billion CN¥6.97 Billion ▲ +35.1%
2020 1.20x CN¥6.23 Billion CN¥5.18 Billion CN¥5.45 Billion ▲ +12.8%
2019 1.07x CN¥4.43 Billion CN¥4.16 Billion CN¥3.85 Billion ▲ +43.1%
2018 0.74x CN¥4.62 Billion CN¥6.21 Billion CN¥4.04 Billion ▼ -65.1%
2017 2.13x CN¥3.56 Billion CN¥1.67 Billion CN¥3.31 Billion ▲ +28.6%
2016 1.66x CN¥2.85 Billion CN¥1.72 Billion CN¥2.01 Billion ▲ +65.4%
2015 1.00x CN¥2.93 Billion CN¥2.92 Billion CN¥1.72 Billion ▲ +159.1%
2014 0.39x CN¥1.32 Billion CN¥3.41 Billion CN¥1.32 Billion —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow