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MeiG Smart Technology Co (SZSE:002881) Capex-to-Operating-Income : 0.09 (As of Mar. 2024)


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What is MeiG Smart Technology 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.

MeiG Smart Technology Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-1.69 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥17.93 Mil.

Hence, MeiG Smart Technology Co's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.09.


MeiG Smart Technology Co Capex-to-Operating-Income Historical Data

The historical data trend for MeiG Smart Technology 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.

MeiG Smart Technology Co Capex-to-Operating-Income Chart

MeiG Smart Technology 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 0.74 0.18 0.13 0.42 1.04

MeiG Smart Technology 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 0.18 1.26 0.37 4.15 0.09

Competitive Comparison of MeiG Smart Technology Co's Capex-to-Operating-Income

For the Communication Equipment subindustry, MeiG Smart Technology 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.


MeiG Smart Technology Co's Capex-to-Operating-Income Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MeiG Smart Technology Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where MeiG Smart Technology Co's Capex-to-Operating-Income falls into.



MeiG Smart Technology Co Capex-to-Operating-Income Calculation

MeiG Smart Technology 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
=- (-88.419) / 84.761
=1.04

MeiG Smart Technology 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
=- (-1.692) / 17.927
=0.09

* 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.


MeiG Smart Technology Co  (SZSE:002881) 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.


MeiG Smart Technology Co Capex-to-Operating-Income Related Terms

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MeiG Smart Technology Co (SZSE:002881) Business Description

Traded in Other Exchanges
N/A
Address
No.5 Lingxia Road, Fenghuang Fourth Industrial Zone, Fuyong Street, Baoan District, No.1, 2nd Floor, 3rd Floor, Building A, Building B, Guangdong Province, Shenzhen, CHN, 518103
MeiG Smart Technology Co Ltd is the communications equipment manufacturing company. Its core business is the development and production of IoT smart terminals, wireless communication modules (M2M) and intelligent hardware as well as precision mold development and production and sales of precision components. The company's IoT smart terminals, LTE module products and wireless data solutions applied in the fields of mobile payment, car networking, security, industrial routing, consumer electronics, smart power, smart meter reading, intelligent terminals, and item tracking. application.
Executives
Ning Huan Supervisors
Ning Jian Supervisors
Chen Yue Liang Secretary, Director

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