Three Stars NM (603578) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.07x

Three Stars NM (603578) has a Cash Flow Reinvestment Rate of 0.07x as of September 2025, reinvesting CN¥14.98 Million (capex CN¥14.98 Million ) from operating cash flow of CN¥218.35 Million. See cash generation quality of Three Stars NM to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.07x
(Capex + Investments) / Operating CF

Total Reinvested

CN¥14.98 Million
Capex + Investments

Operating Cash Flow

CN¥218.35 Million
CNY

Capital Expenditures

CN¥14.98 Million
CNY

Three Stars NM Cash Flow Reinvestment Rate (2012–2025)

Historical reinvestment intensity for Three Stars NM across 12 annual periods. For the full cash flow conversion analysis, see 603578 cash flow conversion.

Annual Cash Flow Reinvestment Rate for Three Stars NM (2012–2025)

Year-by-year capital reinvestment analysis for Three Stars NM. See financial flexibility index of Three Stars NM 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
2025 0.24x CN¥152.85 Million CN¥630.21 Million CN¥145.25 Million ▼ -99.8%
2024 161.21x CN¥1.20 Billion CN¥7.45 Million CN¥1.13 Billion ▲ +4586.1%
2023 3.44x CN¥430.26 Million CN¥125.07 Million CN¥424.73 Million ▼ -76.4%
2021 14.59x CN¥242.36 Million CN¥16.61 Million CN¥50.66 Million ▲ +58.7%
2020 9.20x CN¥284.02 Million CN¥30.88 Million CN¥44.02 Million ▲ +2442.9%
2019 0.36x CN¥88.73 Million CN¥245.32 Million CN¥69.73 Million ▼ -92.8%
2017 5.01x CN¥182.42 Million CN¥36.41 Million CN¥21.62 Million ▲ +2758.3%
2016 0.18x CN¥7.32 Million CN¥41.77 Million CN¥3.66 Million ▼ -1.7%
2015 0.18x CN¥7.08 Million CN¥39.74 Million CN¥7.08 Million ▼ -14.1%
2014 0.21x CN¥9.50 Million CN¥45.80 Million CN¥9.50 Million ▼ -81.1%
2013 1.10x CN¥36.33 Million CN¥33.10 Million CN¥36.33 Million ▲ +67.7%
2012 0.65x CN¥17.20 Million CN¥26.28 Million CN¥17.20 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow