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Shinkong Synthetic Fiber (TPE:1409) Capex-to-Operating-Income : 0.48 (As of Mar. 2024)


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What is Shinkong Synthetic Fiber 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.

Shinkong Synthetic Fiber's Capital Expenditure for the three months ended in Mar. 2024 was NT$-450.15 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$934.53 Mil.

Hence, Shinkong Synthetic Fiber's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.48.


Shinkong Synthetic Fiber Capex-to-Operating-Income Historical Data

The historical data trend for Shinkong Synthetic Fiber'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.

Shinkong Synthetic Fiber Capex-to-Operating-Income Chart

Shinkong Synthetic Fiber 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 0.49 0.21 0.42 0.47 1.16

Shinkong Synthetic Fiber 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 0.70 0.41 2.72 0.97 0.48

Competitive Comparison of Shinkong Synthetic Fiber's Capex-to-Operating-Income

For the Textile Manufacturing subindustry, Shinkong Synthetic Fiber'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.


Shinkong Synthetic Fiber's Capex-to-Operating-Income Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shinkong Synthetic Fiber's Capex-to-Operating-Income distribution charts can be found below:

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



Shinkong Synthetic Fiber Capex-to-Operating-Income Calculation

Shinkong Synthetic Fiber'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
=- (-3532.509) / 3040.944
=1.16

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

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-450.154) / 934.53
=0.48

* 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.


Shinkong Synthetic Fiber  (TPE:1409) 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.


Shinkong Synthetic Fiber Capex-to-Operating-Income Related Terms

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Shinkong Synthetic Fiber (TPE:1409) Business Description

Traded in Other Exchanges
N/A
Address
No. 136, Ren Ai Road, Section 3, Lotus Building, 5th Floor, Da An District, Taipei, TWN, 10657
Shinkong Synthetic Fiber Corp is a Taiwan-based company that is principally engaged in the production and distribution of chemical fiber products and plastic products. The company's chemical fiber products include polyester staple fibers, polyester filaments, industrial yarn, draw textured yarn, and others. The plastic products consist of polyester resin, bottle grade resin, PET bottle preforms, PET bottles, Engineering polymers, and PE sheets. The company generates the majority of its total revenue from chemical fiber products and plastic products. The company mainly conducts operations in Asia and Europe and generates the majority of its total revenue from the Asia market.

Shinkong Synthetic Fiber (TPE:1409) Headlines

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