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China Aircraft Leasing Group Holdings (HKSE:01848) Capex-to-Operating-Cash-Flow : 1.51 (As of Dec. 2023)


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What is China Aircraft Leasing Group Holdings Capex-to-Operating-Cash-Flow?

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

China Aircraft Leasing Group Holdings's Capital Expenditure for the six months ended in Dec. 2023 was HK$-3,010.39 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2023 was HK$1,993.13 Mil.

Hence, China Aircraft Leasing Group Holdings's Capex-to-Operating-Cash-Flow for the six months ended in Dec. 2023 was 1.51.


China Aircraft Leasing Group Holdings Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for China Aircraft Leasing Group Holdings's Capex-to-Operating-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

China Aircraft Leasing Group Holdings Capex-to-Operating-Cash-Flow Chart

China Aircraft Leasing Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.89 7.43 2.76 3.27 3.00

China Aircraft Leasing Group Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.47 4.52 2.30 4.76 1.51

Competitive Comparison of China Aircraft Leasing Group Holdings's Capex-to-Operating-Cash-Flow

For the Rental & Leasing Services subindustry, China Aircraft Leasing Group Holdings's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Aircraft Leasing Group Holdings's Capex-to-Operating-Cash-Flow Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Aircraft Leasing Group Holdings's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where China Aircraft Leasing Group Holdings's Capex-to-Operating-Cash-Flow falls into.



China Aircraft Leasing Group Holdings Capex-to-Operating-Cash-Flow Calculation

China Aircraft Leasing Group Holdings's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-11060.765) / 3685.874
=3.00

China Aircraft Leasing Group Holdings's Capex-to-Operating-Cash-Flow for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-3010.387) / 1993.128
=1.51

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


China Aircraft Leasing Group Holdings  (HKSE:01848) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


China Aircraft Leasing Group Holdings Capex-to-Operating-Cash-Flow Related Terms

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China Aircraft Leasing Group Holdings (HKSE:01848) Business Description

Traded in Other Exchanges
Address
16 Harcourt Road, 32nd Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG
China Aircraft Leasing Group Holdings Ltd is one of the largest independent aircraft lessors in China. The company delivers multiple types of leases and customizes deals to customer preferences. It has diversified financing channels in onshore and offshore banks, insurance companies, capital and debt markets, and export credit agencies. In addition to providing aircraft leases, the company offers customers lifecycle solutions, including fleet planning, aircraft resales, and aircraft disassembles. China Aircraft Leasing has multiple offices located in Asia and Europe. It works with Chinese and Asian airlines, regional operators, and other international air transportation companies.
Executives
Poon Ho Man 2101 Beneficial owner
China Everbright Holdings Company Limited 2201 Interest of corporation controlled by you
Capella Capital Limited 2201 Interest of corporation controlled by you
Friedmann Pacific Asset Management Limited 2101 Beneficial owner
Ng Christina 2201 Interest of corporation controlled by you
Central Huijin Investment Ltd.
China Everbright Limited
Zhong Guo Guang Da Ji Tuan Gu Fen Gong Si

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