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Taing Land Development (HKSE:00089) Capex-to-Operating-Cash-Flow : 0.11 (As of Jun. 2024)


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What is Taing Land Development 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.

Taing Land Development's Capital Expenditure for the six months ended in Jun. 2024 was HK$-8.05 Mil. Its Cash Flow from Operations for the six months ended in Jun. 2024 was HK$72.53 Mil.

Hence, Taing Land Development's Capex-to-Operating-Cash-Flow for the six months ended in Jun. 2024 was 0.11.


Taing Land Development Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Taing Land Development'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.

Taing Land Development Capex-to-Operating-Cash-Flow Chart

Taing Land Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 1.73 0.45 0.23 0.02

Taing Land Development Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Capex-to-Operating-Cash-Flow 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 0.30 0.13 0.02 0.02 0.11

Competitive Comparison of Taing Land Development's Capex-to-Operating-Cash-Flow

For the Real Estate Services subindustry, Taing Land Development'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.


Taing Land Development's Capex-to-Operating-Cash-Flow Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Taing Land Development's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Taing Land Development's Capex-to-Operating-Cash-Flow falls into.



Taing Land Development Capex-to-Operating-Cash-Flow Calculation

Taing Land Development'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
=- (-3.572) / 162.585
=0.02

Taing Land Development's Capex-to-Operating-Cash-Flow for the quarter that ended in Jun. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-8.049) / 72.526
=0.11

* 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.


Taing Land Development  (HKSE:00089) 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.


Taing Land Development Capex-to-Operating-Cash-Flow Related Terms

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Taing Land Development Business Description

Traded in Other Exchanges
N/A
Address
43 Heung Yip Road, 15th Floor, TS Tower, Wong Chuk Hang, Hong Kong, HKG
Tai Sang Land Development Ltd is an investment holding company engaged in property investment, property rental, property development, estate management and agency, hotel operation and catering operation. It also earns revenue from Property rental, Property related services, and Hotel operations, Catering operations. The operating segments of the Group are Hong Kong and North America, out of which maximum revenue is derived from Hong Kong.
Executives
Kam Chan & Company, Limited 2101 Beneficial owner
Ma Ching Wai, William

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