New Hope Dairy Co Ltd (002946) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.38x

New Hope Dairy Co Ltd (002946) has a Cash Flow Reinvestment Rate of 0.38x as of September 2025, reinvesting CN¥159.69 Million (capex CN¥159.69 Million ) from operating cash flow of CN¥423.16 Million. See cash generation quality of New Hope Dairy Co Ltd to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.38x
(Capex + Investments) / Operating CF

Total Reinvested

CN¥159.69 Million
Capex + Investments

Operating Cash Flow

CN¥423.16 Million
CNY

Capital Expenditures

CN¥159.69 Million
CNY

New Hope Dairy Co Ltd Cash Flow Reinvestment Rate (2014–2024)

Historical reinvestment intensity for New Hope Dairy Co Ltd across 11 annual periods. For the full cash flow conversion analysis, see 002946 cash generation efficiency.

Annual Cash Flow Reinvestment Rate for New Hope Dairy Co Ltd (2014–2024)

Year-by-year capital reinvestment analysis for New Hope Dairy Co Ltd. See 002946 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
2024 0.48x CN¥717.76 Million CN¥1.49 Billion CN¥665.82 Million ▼ -45.0%
2023 0.88x CN¥1.36 Billion CN¥1.56 Billion CN¥775.60 Million ▲ +21.9%
2022 0.72x CN¥742.33 Million CN¥1.03 Billion CN¥732.33 Million ▼ -19.8%
2021 0.90x CN¥926.62 Million CN¥1.04 Billion CN¥695.28 Million ▼ -21.9%
2020 1.15x CN¥824.68 Million CN¥719.44 Million CN¥634.44 Million ▼ -44.7%
2019 2.07x CN¥1.32 Billion CN¥635.01 Million CN¥601.66 Million ▲ +98.3%
2018 1.05x CN¥457.31 Million CN¥437.26 Million CN¥411.47 Million ▼ -32.1%
2017 1.54x CN¥707.32 Million CN¥459.08 Million CN¥598.45 Million ▼ -15.5%
2016 1.82x CN¥832.85 Million CN¥456.50 Million CN¥547.85 Million ▲ +4.6%
2015 1.74x CN¥793.28 Million CN¥454.68 Million CN¥749.90 Million ▼ -0.8%
2014 1.76x CN¥618.62 Million CN¥351.59 Million CN¥618.62 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow