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Titan Wind Energy (Suzhou) Co (SZSE:002531) Capex-to-Operating-Income : 0.67 (As of Mar. 2024)


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What is Titan Wind Energy (Suzhou) 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.

Titan Wind Energy (Suzhou) Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-154.47 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥230.61 Mil.

Hence, Titan Wind Energy (Suzhou) Co's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.67.


Titan Wind Energy (Suzhou) Co Capex-to-Operating-Income Historical Data

The historical data trend for Titan Wind Energy (Suzhou) 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.

Titan Wind Energy (Suzhou) Co Capex-to-Operating-Income Chart

Titan Wind Energy (Suzhou) 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 0.77 0.71 0.66 1.59 0.72

Titan Wind Energy (Suzhou) Co 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 0.80 0.56 0.86 0.79 0.67

Competitive Comparison of Titan Wind Energy (Suzhou) Co's Capex-to-Operating-Income

For the Specialty Industrial Machinery subindustry, Titan Wind Energy (Suzhou) 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.


Titan Wind Energy (Suzhou) Co's Capex-to-Operating-Income Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Titan Wind Energy (Suzhou) Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Titan Wind Energy (Suzhou) Co's Capex-to-Operating-Income falls into.



Titan Wind Energy (Suzhou) Co Capex-to-Operating-Income Calculation

Titan Wind Energy (Suzhou) 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
=- (-1015.503) / 1405.539
=0.72

Titan Wind Energy (Suzhou) 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
=- (-154.465) / 230.605
=0.67

* 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.


Titan Wind Energy (Suzhou) Co  (SZSE:002531) 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.


Titan Wind Energy (Suzhou) Co Capex-to-Operating-Income Related Terms

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Titan Wind Energy (Suzhou) Co (SZSE:002531) Business Description

Traded in Other Exchanges
N/A
Address
28 Ningbo East Road, Jiangsu, Taicang, CHN, 215400
Titan Wind Energy (Suzhou) Co Ltd is engaged in the research, design, manufacture, and distribution of wind towers. The towers are distributed to dozens of countries like the United States, Canada, Brazil, Germany, Sweden, the United Kingdom, Romania, Spain, Australia, New Zealand, Thailand, India and other parts of the world.

Titan Wind Energy (Suzhou) Co (SZSE:002531) Headlines

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