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Flat Glass Group Co (HKSE:06865) Capex-to-Operating-Income : 1.37 (As of Mar. 2024)


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What is Flat Glass Group Co 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.

Flat Glass Group Co's Capital Expenditure for the three months ended in Mar. 2024 was HK$-1,404.19 Mil. Its Operating Income for the three months ended in Mar. 2024 was HK$1,025.47 Mil.

Hence, Flat Glass Group Co's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 1.37.


Flat Glass Group Co Capex-to-Operating-Income Historical Data

The historical data trend for Flat Glass Group Co'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.

Flat Glass Group Co Capex-to-Operating-Income Chart

Flat Glass Group Co 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 1.38 0.92 1.58 3.31 1.54

Flat Glass Group Co Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 0.98 1.59 1.09 - 1.37

Competitive Comparison of Flat Glass Group Co's Capex-to-Operating-Income

For the Building Products & Equipment subindustry, Flat Glass Group Co'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.


Flat Glass Group Co's Capex-to-Operating-Income Distribution in the Construction Industry

For the Construction industry and Industrials sector, Flat Glass Group Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Flat Glass Group Co's Capex-to-Operating-Income falls into.



Flat Glass Group Co Capex-to-Operating-Income Calculation

Flat Glass Group Co'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
=- (-6138.662) / 3984.725
=1.54

Flat Glass Group Co's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-1404.189) / 1025.467
=1.37

* 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.


Flat Glass Group Co  (HKSE:06865) 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.


Flat Glass Group Co Capex-to-Operating-Income Related Terms

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Flat Glass Group Co (HKSE:06865) Business Description

Traded in Other Exchanges
Address
1999 Yunhe Road, Xiuzhou District, Zhejiang Province, Jiaxing, CHN
Flat Glass Group Co Ltd manufactures and sells glass and glass products. The Company operates in six segments: Photovoltaic (PV) Glass, Household Glass, Architectural Glass, Float glass, Mining products, and Other businesses. The majority of revenue is derived from the PV glass segment. Its geographical segments are China, Asia (excluding the PRC and Japan), Europe, North America, and Others.
Executives
Fmr Llc 2201 Interest of corporation controlled by you
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Blackrock, Inc. 2201 Interest of corporation controlled by you
Citigroup Inc. 2502 Approved lending agent
Fidelity Investment Trust 2101 Beneficial owner
Ubs Group Ag 2201 Interest of corporation controlled by you
Schroders Plc 2102 Investment manager
Bank Of America Corporation 2201 Interest of corporation controlled by you
Zhu Que Ji Jin Guan Li You Xian Gong Si 2401 A concert party to an agreement to buy shares
Schroders Plc 2102 Investment manager
The Bank Of New York Mellon Corporation 2201 Interest of corporation controlled by you
The Capital Group Companies, Inc. 2201 Interest of corporation controlled by you
Public Investment Fund 2101 Beneficial owner
China International Capital Corporation Limited 2201 Interest of corporation controlled by you
Pacific Asset Management Co., Ltd. 2102 Investment manager

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