Zhiyang Innovation Technology Co. Ltd. A (688191) — Cash Flow Reinvestment Rate

Latest as of March 2024: 50.83x

Zhiyang Innovation Technology Co. Ltd. A (688191) has a Cash Flow Reinvestment Rate of 50.83x as of March 2024, reinvesting CN¥193.47 Million (capex CN¥9.40K plus investments CN¥-193.46 Million) from operating cash flow of CN¥3.81 Million. See cash generation quality of Zhiyang Innovation Technology Co. Ltd. A to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

50.83x
(Capex + Investments) / Operating CF

Total Reinvested

CN¥193.47 Million
Capex + Investments

Operating Cash Flow

CN¥3.81 Million
CNY

Capital Expenditures

CN¥9.40K
CNY

Zhiyang Innovation Technology Co. Ltd. A Cash Flow Reinvestment Rate (2012–2024)

Historical reinvestment intensity for Zhiyang Innovation Technology Co. Ltd. A across 9 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Zhiyang Innovation Technology Co. Ltd. A.

Annual Cash Flow Reinvestment Rate for Zhiyang Innovation Technology Co. Ltd. A (2012–2024)

Year-by-year capital reinvestment analysis for Zhiyang Innovation Technology Co. Ltd. A. See Zhiyang Innovation Technology Co. Ltd. A leverage flexibility ratio 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 0.61x CN¥44.58 Million CN¥73.16 Million CN¥30.26 Million ▼ -71.8%
2023 2.16x CN¥238.06 Million CN¥110.04 Million CN¥41.64 Million ▲ +1.6%
2022 2.13x CN¥58.47 Million CN¥27.46 Million CN¥16.07 Million ▲ +257.0%
2020 0.60x CN¥31.57 Million CN¥52.93 Million CN¥16.47 Million ▲ +616.4%
2019 0.08x CN¥2.86 Million CN¥34.39 Million CN¥1.83 Million ▼ -95.3%
2018 1.78x CN¥5.31 Million CN¥2.98 Million CN¥5.31 Million ▲ +2478.6%
2017 0.07x CN¥1.49 Million CN¥21.66 Million CN¥1.49 Million ▼ -74.9%
2013 0.27x CN¥550.72K CN¥2.00 Million CN¥550.72K ▲ +91.4%
2012 0.14x CN¥192.66K CN¥1.34 Million CN¥192.66K —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow