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COSCO SHIPPING International (Hong Kong) Co (HKSE:00517) Capex-to-Operating-Cash-Flow : 0.02 (As of Dec. 2023)


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What is COSCO SHIPPING International (Hong Kong) 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.

COSCO SHIPPING International (Hong Kong) Co's Capital Expenditure for the six months ended in Dec. 2023 was HK$-5.82 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2023 was HK$305.29 Mil.

Hence, COSCO SHIPPING International (Hong Kong) Co's Capex-to-Operating-Cash-Flow for the six months ended in Dec. 2023 was 0.02.


COSCO SHIPPING International (Hong Kong) Co Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for COSCO SHIPPING International (Hong Kong) 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.

COSCO SHIPPING International (Hong Kong) Co Capex-to-Operating-Cash-Flow Chart

COSCO SHIPPING International (Hong Kong) Co 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 - 0.04 0.27 0.17 0.02

COSCO SHIPPING International (Hong Kong) Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.02 - 0.09 0.01 0.02

Competitive Comparison of COSCO SHIPPING International (Hong Kong) Co's Capex-to-Operating-Cash-Flow

For the Marine Shipping subindustry, COSCO SHIPPING International (Hong Kong) 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.


COSCO SHIPPING International (Hong Kong) Co's Capex-to-Operating-Cash-Flow Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, COSCO SHIPPING International (Hong Kong) Co's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where COSCO SHIPPING International (Hong Kong) Co's Capex-to-Operating-Cash-Flow falls into.



COSCO SHIPPING International (Hong Kong) Co Capex-to-Operating-Cash-Flow Calculation

COSCO SHIPPING International (Hong Kong) 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
=- (-7.75) / 523.117
=0.01

COSCO SHIPPING International (Hong Kong) Co's Capex-to-Operating-Cash-Flow for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-5.82) / 305.288
=0.02

* 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.


COSCO SHIPPING International (Hong Kong) Co  (HKSE:00517) 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.


COSCO SHIPPING International (Hong Kong) Co Capex-to-Operating-Cash-Flow Related Terms

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COSCO SHIPPING International (Hong Kong) Co (HKSE:00517) Business Description

Traded in Other Exchanges
Address
183 Queen's Road Central, 47th Floor, COSCO Tower, Hong Kong, HKG
COSCO SHIPPING International (Hong Kong) Co Ltd is a Hong Kong-based company engaged in services relating to shipbuilding, ship trading, and chartering for the fleet. It carries its operations in six segments including Coatings, Marine equipment and spare parts, Ship trading agency, Insurance brokerage, Marine fuel and other products, and General trading. The majority of its revenue comes from the sale of Marine equipment and spare parts. The company has a business network in Mainland China, Hong Kong, Singapore, Japan, Germany, and the USA, among other countries.

COSCO SHIPPING International (Hong Kong) Co (HKSE:00517) Headlines

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