Ming Yang Smart Energy Group Ltd (601615) — Cash Flow Reinvestment Rate
Ming Yang Smart Energy Group Ltd (601615) has a Cash Flow Reinvestment Rate of 21.47x as of September 2024, reinvesting CN¥2.09 Billion (capex CN¥1.98 Billion plus investments CN¥-110.14 Million) from operating cash flow of CN¥97.33 Million. See how much free cash does Ming Yang Smart Energy Group Ltd generate to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Ming Yang Smart Energy Group Ltd Cash Flow Reinvestment Rate (2009–2021)
Historical reinvestment intensity for Ming Yang Smart Energy Group Ltd across 9 annual periods. For the full cash flow conversion analysis, see 601615 operating cash flow.
Annual Cash Flow Reinvestment Rate for Ming Yang Smart Energy Group Ltd (2009–2021)
Year-by-year capital reinvestment analysis for Ming Yang Smart Energy Group Ltd. See financial agility of Ming Yang Smart Energy Group Ltd 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 |
|---|---|---|---|---|---|
| 2021 | 1.87x | CN¥10.07 Billion | CN¥5.40 Billion | CN¥7.39 Billion | ▲ +104.3% |
| 2020 | 0.91x | CN¥3.32 Billion | CN¥3.63 Billion | CN¥3.31 Billion | ▲ +109.5% |
| 2019 | 0.44x | CN¥2.51 Billion | CN¥5.76 Billion | CN¥2.34 Billion | ▼ -94.1% |
| 2018 | 7.41x | CN¥2.05 Billion | CN¥276.32 Million | CN¥1.73 Billion | ▲ +335.3% |
| 2017 | 1.70x | CN¥2.20 Billion | CN¥1.29 Billion | CN¥1.76 Billion | ▼ -89.5% |
| 2016 | 16.27x | CN¥1.49 Billion | CN¥91.40 Million | CN¥801.56 Million | ▲ +504.2% |
| 2015 | 2.69x | CN¥303.30 Million | CN¥112.62 Million | CN¥303.30 Million | ▲ +896.1% |
| 2014 | 0.27x | CN¥347.32 Million | CN¥1.28 Billion | CN¥347.32 Million | ▲ +72.9% |
| 2009 | 0.16x | CN¥57.96 Million | CN¥370.74 Million | CN¥57.96 Million | — |