Ming Yang Smart Energy Group Ltd Cash Flow Reinvestment Rate

Latest as of September 2024: 21.47x

Ming Yang Smart Energy Group Ltd 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. Explore debt repayment capacity of Ming Yang Smart Energy Group Ltd to assess how comfortably operating cash covers total debt obligations.

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

Cash Flow Reinvestment Rate of Ming Yang Smart Energy Group Ltd (2009–2021)

Cash flow reinvestment rate of Ming Yang Smart Energy Group Ltd from 2009 to 2021. Historical reinvestment intensity for Ming Yang Smart Energy Group Ltd across 9 annual periods. Explore 601615 capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Ming Yang Smart Energy Group Ltd Cash Flow Reinvestment Rate by Year (2009–2021)

Ming Yang Smart Energy Group Ltd cash flow reinvestment rate by year from 2009 to 2021. Year-by-year capital reinvestment analysis for Ming Yang Smart Energy Group Ltd. For the full cash flow conversion analysis, see 601615 cash generation efficiency.

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