PetroChina Co (BUE:PTRCY) Capex-to-Operating-Cash-Flow : 0.50 (As of Mar. 2024)

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What is PetroChina Co Capex-to-Operating-Cash-Flow?

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

PetroChina Co's Capital Expenditure for the three months ended in Mar. 2024 was ARS-6,462,032.91 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was ARS12,994,844.48 Mil.

Hence, PetroChina Co's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2024 was 0.50.

PetroChina Co Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for PetroChina Co's Capex-to-Operating-Cash-Flow 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.

PetroChina Co Capex-to-Operating-Cash-Flow Chart

PetroChina Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Capex-to-Operating-Cash-Flow

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0.91

0.81

0.78

0.62

PetroChina 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-Cash-Flow	Get a 7-Day Free Trial															0.40	0.65	0.53	0.93	0.50

Competitive Comparison of PetroChina Co's Capex-to-Operating-Cash-Flow

For the Oil & Gas Integrated subindustry, PetroChina Co's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow 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.

PetroChina Co's Capex-to-Operating-Cash-Flow Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PetroChina Co's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where PetroChina Co's Capex-to-Operating-Cash-Flow falls into.

PetroChina Co Capex-to-Operating-Cash-Flow Calculation

PetroChina Co's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow	=	- Capital Expenditure	/	Cash Flow from Operations
	=	- (-14283823.842)	/	23084949.441
	=	0.62

PetroChina Co's Capex-to-Operating-Cash-Flow for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Cash-Flow	=	- Capital Expenditure	/	Cash Flow from Operations
	=	- (-6462032.91)	/	12994844.477
	=	0.50

PetroChina Co (BUE:PTRCY) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.

PetroChina Co Capex-to-Operating-Cash-Flow Related Terms

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PetroChina Co (BUE:PTRCY) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroChina Co Ltd (BUE:PTRCY) » Definitions » Capex-to-Operating-Cash-Flow

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PCCYF:USA 00857:Hong Kong PC6:Germany 601857:China

Address

No. 9 Dongzhimen North Street, Dongcheng District, Beijing, CHN, 100007

Website

http://www.petrochina.com.cn

PetroChina, the national champion that inherited the majority of Chinese onshore oil and gas assets, has developed into an international supermajor. In 2022, it produced more than 1.6 billion barrels of oil equivalent of oil and gas, and had more than 1.4 billion barrels of annual crude oil primary distillation capacity and more than 22,000 service stations. The fluctuations in the prices of crude oil, refined products, chemical products, and natural gas have a significant impact on PetroChina's revenue. State-owned China National Petroleum Corp is PetroChina's controlling shareholder with a stake of more than 80%.