China Longyuan Power Group (China Longyuan Power Group) Capex-to-Operating-Cash-Flow : 1.90 (As of Mar. 2024)

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What is China Longyuan Power Group 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.

China Longyuan Power Group's Capital Expenditure for the three months ended in Mar. 2024 was $-901.55 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was $474.61 Mil.

Hence, China Longyuan Power Group's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2024 was 1.90.

China Longyuan Power Group Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for China Longyuan Power Group'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.

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China Longyuan Power Group Capex-to-Operating-Cash-Flow Chart

China Longyuan Power Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Capex-to-Operating-Cash-Flow

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0.87

1.60

1.01

0.76

1.36

China Longyuan Power Group 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															1.57	1.15	-	0.62	1.90

Competitive Comparison of China Longyuan Power Group's Capex-to-Operating-Cash-Flow

For the Utilities - Renewable subindustry, China Longyuan Power Group'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.

China Longyuan Power Group's Capex-to-Operating-Cash-Flow Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Longyuan Power Group's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where China Longyuan Power Group's Capex-to-Operating-Cash-Flow falls into.

China Longyuan Power Group Capex-to-Operating-Cash-Flow Calculation

China Longyuan Power Group'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
	=	- (-2651.21)	/	1944.517
	=	1.36

China Longyuan Power Group'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
	=	- (-901.554)	/	474.613
	=	1.90

China Longyuan Power Group (OTCPK:CLPXF) 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.

China Longyuan Power Group Capex-to-Operating-Cash-Flow Related Terms

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China Longyuan Power Group (China Longyuan Power Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Longyuan Power Group Corp Ltd (OTCPK:CLPXF) » Definitions » Capex-to-Operating-Cash-Flow

Traded in Other Exchanges

CLPXY:USA 00916:Hong Kong 6WX:Germany 001289:China

Address

6 Fuchengmen North Street, Room 2006, 20th Floor, Block C, Xicheng District, Beijing, CHN

Website

http://www.clypg.com.cn

Longyuan is China's largest wind farm operator, with consolidated installed wind capacity of 26.2 gigawatts as of end-2022, representing about 7% of nationwide wind capacity. It has more than 400 wind farms spread across China, and has also expanded into other countries such as Canada and South Africa. Longyuan owns two coal-fired power plants in Jiangsu and operates other renewable assets such as solar, geothermal, and tidal energy on a limited scale. The consolidated installed capacity mix is about 84% wind, 6% thermal, and the remainder in other renewables. China Energy Investment, which was created through the merger of China Guodian Corporation and China Shenhua Group, is the major shareholder with a controlling stake of about 58.6%.