Shanghai Smith Adhesive New (603683) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.42x

Shanghai Smith Adhesive New (603683) has a Cash Flow Reinvestment Rate of 0.42x as of September 2025, reinvesting CN¥17.00 Million (capex CN¥17.00 Million ) from operating cash flow of CN¥40.43 Million. Check Shanghai Smith Adhesive New earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.42x
(Capex + Investments) / Operating CF

Total Reinvested

CN¥17.00 Million
Capex + Investments

Operating Cash Flow

CN¥40.43 Million
CNY

Capital Expenditures

CN¥17.00 Million
CNY

Shanghai Smith Adhesive New Cash Flow Reinvestment Rate (2012–2025)

Historical reinvestment intensity for Shanghai Smith Adhesive New across 13 annual periods. Explore Shanghai Smith Adhesive New cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Annual Cash Flow Reinvestment Rate for Shanghai Smith Adhesive New (2012–2025)

Year-by-year capital reinvestment analysis for Shanghai Smith Adhesive New. For live market cap and broader valuation context, see Shanghai Smith Adhesive New stock valuation.

Year Reinvestment Rate Total Reinvested (CNY) Operating CF Capex YoY Change
2025 1.04x CN¥207.72 Million CN¥199.84 Million CN¥169.21 Million ▼ -35.5%
2024 1.61x CN¥445.03 Million CN¥276.20 Million CN¥409.12 Million ▲ +49.3%
2023 1.08x CN¥159.53 Million CN¥147.83 Million CN¥152.88 Million ▼ -9.0%
2022 1.19x CN¥227.25 Million CN¥191.64 Million CN¥97.48 Million ▼ -14.4%
2021 1.39x CN¥174.82 Million CN¥126.19 Million CN¥110.94 Million ▼ -4.6%
2020 1.45x CN¥112.92 Million CN¥77.76 Million CN¥76.45 Million ▼ -48.2%
2019 2.80x CN¥247.18 Million CN¥88.24 Million CN¥207.44 Million ▼ -56.7%
2017 6.47x CN¥260.72 Million CN¥40.33 Million CN¥180.72 Million ▲ +74.1%
2016 3.71x CN¥154.41 Million CN¥41.57 Million CN¥74.41 Million ▲ +244.1%
2015 1.08x CN¥81.20 Million CN¥75.23 Million CN¥81.20 Million ▲ +175.4%
2014 0.39x CN¥28.83 Million CN¥73.54 Million CN¥28.83 Million ▲ +36.7%
2013 0.29x CN¥19.57 Million CN¥68.23 Million CN¥19.57 Million ▼ -48.8%
2012 0.56x CN¥27.58 Million CN¥49.20 Million CN¥27.58 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow