Zhejiang Power New Energy Co. Ltd. A (688184) — Cash Flow Reinvestment Rate

Latest as of December 2023: 8.32x

Zhejiang Power New Energy Co. Ltd. A (688184) has a Cash Flow Reinvestment Rate of 8.32x as of December 2023, reinvesting CN¥1.23 Billion (capex CN¥637.94 Million plus investments CN¥-594.67 Million) from operating cash flow of CN¥148.13 Million. See how much free cash does Zhejiang Power New Energy Co. Ltd. A generate to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

8.32x
(Capex + Investments) / Operating CF

Total Reinvested

CN¥1.23 Billion
Capex + Investments

Operating Cash Flow

CN¥148.13 Million
CNY

Capital Expenditures

CN¥637.94 Million
CNY

Zhejiang Power New Energy Co. Ltd. A Cash Flow Reinvestment Rate (2020–2023)

Historical reinvestment intensity for Zhejiang Power New Energy Co. Ltd. A across 3 annual periods. For the full cash flow conversion analysis, see 688184 cash flow conversion.

Annual Cash Flow Reinvestment Rate for Zhejiang Power New Energy Co. Ltd. A (2020–2023)

Year-by-year capital reinvestment analysis for Zhejiang Power New Energy Co. Ltd. A. See 688184 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
2023 8.32x CN¥1.23 Billion CN¥148.13 Million CN¥637.94 Million ▼ -84.9%
2022 55.24x CN¥1.17 Billion CN¥21.17 Million CN¥396.45 Million ▲ +1134.8%
2020 4.47x CN¥166.04 Million CN¥37.12 Million CN¥83.02 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow