Novoray Corporation (688300) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.23x

Novoray Corporation (688300) has a Cash Flow Reinvestment Rate of 0.23x as of September 2025, reinvesting CN¥21.60 Million (capex CN¥21.60 Million ) from operating cash flow of CN¥93.17 Million. See how much free cash does Novoray Corporation generate to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.23x
(Capex + Investments) / Operating CF

Total Reinvested

CN¥21.60 Million
Capex + Investments

Operating Cash Flow

CN¥93.17 Million
CNY

Capital Expenditures

CN¥21.60 Million
CNY

Novoray Corporation Cash Flow Reinvestment Rate (2012–2024)

Historical reinvestment intensity for Novoray Corporation across 13 annual periods. For the full cash flow conversion analysis, see Novoray Corporation operating cash flow efficiency.

Annual Cash Flow Reinvestment Rate for Novoray Corporation (2012–2024)

Year-by-year capital reinvestment analysis for Novoray Corporation. See Novoray Corporation 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 0.49x CN¥124.33 Million CN¥254.71 Million CN¥89.58 Million ▼ -51.8%
2023 1.01x CN¥250.00 Million CN¥246.95 Million CN¥53.02 Million ▼ -33.0%
2022 1.51x CN¥363.42 Million CN¥240.68 Million CN¥154.82 Million ▼ -15.8%
2021 1.79x CN¥275.15 Million CN¥153.42 Million CN¥207.97 Million ▼ -50.7%
2020 3.64x CN¥326.13 Million CN¥89.69 Million CN¥124.13 Million ▲ +33.0%
2019 2.73x CN¥220.34 Million CN¥80.58 Million CN¥60.34 Million ▼ -17.8%
2018 3.33x CN¥185.28 Million CN¥55.69 Million CN¥25.28 Million ▼ -88.4%
2017 28.67x CN¥186.30 Million CN¥6.50 Million CN¥26.30 Million ▲ +4195.4%
2016 0.67x CN¥15.47 Million CN¥23.17 Million CN¥7.75 Million ▼ -38.1%
2015 1.08x CN¥8.00 Million CN¥7.42 Million CN¥8.00 Million ▲ +619.0%
2014 0.15x CN¥2.60 Million CN¥17.33 Million CN¥2.60 Million ▼ -36.7%
2013 0.24x CN¥6.58 Million CN¥27.80 Million CN¥6.58 Million ▼ -87.6%
2012 1.92x CN¥30.96 Million CN¥16.16 Million CN¥30.96 Million —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow