Start Group (600734) — Cash Flow Reinvestment Rate

Latest as of December 2023: 0.21x

Start Group (600734) has a Cash Flow Reinvestment Rate of 0.21x as of December 2023, reinvesting CN¥6.31 Million (capex CN¥4.72 Million plus investments CN¥-1.59 Million) from operating cash flow of CN¥29.94 Million. See how much free cash does Start Group generate to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.21x
(Capex + Investments) / Operating CF

Total Reinvested

CN¥6.31 Million
Capex + Investments

Operating Cash Flow

CN¥29.94 Million
CNY

Capital Expenditures

CN¥4.72 Million
CNY

Start Group Cash Flow Reinvestment Rate (1998–2022)

Historical reinvestment intensity for Start Group across 11 annual periods. For the full cash flow conversion analysis, see 600734 cash flow conversion.

Annual Cash Flow Reinvestment Rate for Start Group (1998–2022)

Year-by-year capital reinvestment analysis for Start Group. See financial flexibility index of Start Group 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
2022 0.43x CN¥36.77 Million CN¥84.99 Million CN¥7.66 Million ▼ -38.4%
2016 0.70x CN¥85.30 Million CN¥121.39 Million CN¥27.55 Million ▲ +1638.0%
2015 0.04x CN¥4.22 Million CN¥104.35 Million CN¥4.22 Million ▼ -62.0%
2010 0.11x CN¥17.00 Million CN¥159.60 Million CN¥17.00 Million ▲ +7.0%
2009 0.10x CN¥12.66 Million CN¥127.13 Million CN¥12.66 Million ▲ +113.6%
2008 0.05x CN¥5.73 Million CN¥122.89 Million CN¥5.73 Million ▼ -92.0%
2007 0.58x CN¥1.76 Million CN¥3.03 Million CN¥1.76 Million ▲ +549.7%
2006 0.09x CN¥2.57 Million CN¥28.84 Million CN¥2.57 Million ▲ +7.5%
2005 0.08x CN¥11.60 Million CN¥139.74 Million CN¥11.60 Million ▼ -83.5%
2002 0.50x CN¥50.78 Million CN¥101.07 Million CN¥50.78 Million ▼ -41.3%
1998 0.86x CN¥89.18 Million CN¥104.27 Million CN¥89.18 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow