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CRRC (HKSE:01766) Capex-to-Operating-Income : 0.56 (As of Mar. 2024)


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What is CRRC Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

CRRC's Capital Expenditure for the three months ended in Mar. 2024 was HK$-983.20 Mil. Its Operating Income for the three months ended in Mar. 2024 was HK$1,768.05 Mil.

Hence, CRRC's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.56.


CRRC Capex-to-Operating-Income Historical Data

The historical data trend for CRRC's Capex-to-Operating-Income 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.

CRRC Capex-to-Operating-Income Chart

CRRC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.51 0.47 0.56 0.52

CRRC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Capex-to-Operating-Income 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 1.02 0.39 0.41 0.57 0.56

Competitive Comparison of CRRC's Capex-to-Operating-Income

For the Railroads subindustry, CRRC's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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.


CRRC's Capex-to-Operating-Income Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CRRC's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where CRRC's Capex-to-Operating-Income falls into.



CRRC Capex-to-Operating-Income Calculation

CRRC's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-8863.736) / 17058.339
=0.52

CRRC's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-983.195) / 1768.052
=0.56

* 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.


CRRC  (HKSE:01766) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


CRRC Capex-to-Operating-Income Related Terms

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CRRC (HKSE:01766) Business Description

Traded in Other Exchanges
Address
No. 16-5, Central West Fourth Ring Road, Haidian District, Beijing, CHN, 100036
CRRC Corp Ltd manufactures products which are used for transportation through railroads. Its product portfolio includes rolling stock, rail transit vehicles, engineering machinery, electrical equipment and related parts, and environmental protection products. The company also engages in allied activities like refurbishment, leasing, technical support to clients, investment, and management, as well as import and export business. Its business operations are spread across Mainland China which derives the highest revenue, and a few other countries.

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