Zhejiang Xinneng Photovoltaic Technology Co Ltd (603105) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.51x

Zhejiang Xinneng Photovoltaic Technology Co Ltd (603105) has a Cash Flow Reinvestment Rate of 0.51x as of September 2025, reinvesting CN¥95.11 Million (capex CN¥95.11 Million ) from operating cash flow of CN¥185.80 Million. See how much free cash does Zhejiang Xinneng Photovoltaic Technology generate to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.51x
(Capex + Investments) / Operating CF

Total Reinvested

CN¥95.11 Million
Capex + Investments

Operating Cash Flow

CN¥185.80 Million
CNY

Capital Expenditures

CN¥95.11 Million
CNY

Zhejiang Xinneng Photovoltaic Technology Co Ltd Cash Flow Reinvestment Rate (2013–2024)

Historical reinvestment intensity for Zhejiang Xinneng Photovoltaic Technology Co Ltd across 10 annual periods. For the full cash flow conversion analysis, see 603105 cash flow metrics.

Annual Cash Flow Reinvestment Rate for Zhejiang Xinneng Photovoltaic Technology Co Ltd (2013–2024)

Year-by-year capital reinvestment analysis for Zhejiang Xinneng Photovoltaic Technology Co Ltd. See 603105 free cash flow debt coverage 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 0.96x CN¥372.51 Million CN¥388.83 Million CN¥370.11 Million ▼ -66.0%
2023 2.81x CN¥1.01 Billion CN¥359.06 Million CN¥530.52 Million ▲ +257.4%
2022 0.79x CN¥451.11 Million CN¥572.88 Million CN¥447.58 Million ▼ -14.2%
2021 0.92x CN¥347.28 Million CN¥378.29 Million CN¥343.67 Million ▲ +13.2%
2020 0.81x CN¥207.65 Million CN¥256.07 Million CN¥204.33 Million ▼ -37.8%
2019 1.30x CN¥286.12 Million CN¥219.52 Million CN¥274.71 Million ▼ -57.1%
2017 3.04x CN¥563.99 Million CN¥185.55 Million CN¥355.01 Million ▲ +635.8%
2015 0.41x CN¥50.40 Million CN¥122.02 Million CN¥50.40 Million ▼ -52.0%
2014 0.86x CN¥48.32 Million CN¥56.16 Million CN¥48.32 Million ▼ -59.9%
2013 2.15x CN¥55.74 Million CN¥25.98 Million CN¥55.74 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow