Ming Yang Smart Energy Group Ltd (601615) — Cash Flow Reinvestment Rate

Latest as of September 2024: 21.47x

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. Check earnings quality score of Ming Yang Smart Energy Group Ltd to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

21.47x
(Capex + Investments) / Operating CF

Total Reinvested

CN¥2.09 Billion
Capex + Investments

Operating Cash Flow

CN¥97.33 Million
CNY

Capital Expenditures

CN¥1.98 Billion
CNY

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. Explore 601615 cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

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. For live market cap and broader valuation context, see Ming Yang Smart Energy Group Ltd (601615) total market value.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow