Hangzhou First PV Material Co Ltd (603806) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.14x

Hangzhou First PV Material Co Ltd (603806) has a Cash Flow Reinvestment Rate of 0.14x as of September 2025, reinvesting CN¥133.01 Million (capex CN¥133.01 Million ) from operating cash flow of CN¥921.00 Million. See 603806 free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.14x
(Capex + Investments) / Operating CF

Total Reinvested

CN¥133.01 Million
Capex + Investments

Operating Cash Flow

CN¥921.00 Million
CNY

Capital Expenditures

CN¥133.01 Million
CNY

Hangzhou First PV Material Co Ltd Cash Flow Reinvestment Rate (2009–2024)

Historical reinvestment intensity for Hangzhou First PV Material Co Ltd across 14 annual periods. For the full cash flow conversion analysis, see 603806 cash flow conversion.

Annual Cash Flow Reinvestment Rate for Hangzhou First PV Material Co Ltd (2009–2024)

Year-by-year capital reinvestment analysis for Hangzhou First PV Material Co Ltd. See Hangzhou First PV Material Co Ltd (603806) financial flexibility 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 0.19x CN¥818.58 Million CN¥4.39 Billion CN¥642.82 Million ▼ -99.2%
2022 22.20x CN¥578.19 Million CN¥26.04 Million CN¥576.94 Million ▲ +220.6%
2020 6.93x CN¥1.89 Billion CN¥272.34 Million CN¥355.79 Million ▲ +1623.5%
2019 0.40x CN¥174.81 Million CN¥434.94 Million CN¥165.32 Million ▼ -85.8%
2018 2.82x CN¥478.48 Million CN¥169.57 Million CN¥195.51 Million ▲ +20.6%
2017 2.34x CN¥568.43 Million CN¥242.96 Million CN¥204.66 Million ▼ -13.8%
2016 2.71x CN¥800.49 Million CN¥295.09 Million CN¥283.26 Million ▲ +303.6%
2015 0.67x CN¥279.55 Million CN¥415.95 Million CN¥114.46 Million ▲ +3.3%
2014 0.65x CN¥64.99 Million CN¥99.87 Million CN¥64.99 Million ▲ +153.4%
2013 0.26x CN¥104.50 Million CN¥406.97 Million CN¥104.50 Million ▼ -16.2%
2012 0.31x CN¥97.34 Million CN¥317.51 Million CN¥97.34 Million ▲ +16.9%
2011 0.26x CN¥71.56 Million CN¥272.91 Million CN¥71.56 Million ▼ -9.6%
2010 0.29x CN¥77.71 Million CN¥267.92 Million CN¥77.71 Million ▼ -84.3%
2009 1.84x CN¥78.69 Million CN¥42.67 Million CN¥78.69 Million —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow