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Majestic Dragon AeroTech Holdings (HKSE:00918) Capex-to-Operating-Cash-Flow : 0.64 (As of Sep. 2024)


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What is Majestic Dragon AeroTech Holdings 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.

Majestic Dragon AeroTech Holdings's Capital Expenditure for the six months ended in Sep. 2024 was HK$-0.90 Mil. Its Cash Flow from Operations for the six months ended in Sep. 2024 was HK$1.40 Mil.

Hence, Majestic Dragon AeroTech Holdings's Capex-to-Operating-Cash-Flow for the six months ended in Sep. 2024 was 0.64.


Majestic Dragon AeroTech Holdings Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Majestic Dragon AeroTech Holdings'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.

Majestic Dragon AeroTech Holdings Capex-to-Operating-Cash-Flow Chart

Majestic Dragon AeroTech Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Capex-to-Operating-Cash-Flow
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Majestic Dragon AeroTech Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - - - 0.01 0.64

Competitive Comparison of Majestic Dragon AeroTech Holdings's Capex-to-Operating-Cash-Flow

For the Apparel Manufacturing subindustry, Majestic Dragon AeroTech Holdings'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.


Majestic Dragon AeroTech Holdings's Capex-to-Operating-Cash-Flow Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Majestic Dragon AeroTech Holdings's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Majestic Dragon AeroTech Holdings's Capex-to-Operating-Cash-Flow falls into.


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Majestic Dragon AeroTech Holdings Capex-to-Operating-Cash-Flow Calculation

Majestic Dragon AeroTech Holdings's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Mar. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-1.084) / -34.767
=N/A

Majestic Dragon AeroTech Holdings's Capex-to-Operating-Cash-Flow for the quarter that ended in Sep. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-0.897) / 1.396
=0.64

* 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.


Majestic Dragon AeroTech Holdings  (HKSE:00918) 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.


Majestic Dragon AeroTech Holdings Capex-to-Operating-Cash-Flow Related Terms

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Majestic Dragon AeroTech Holdings Business Description

Traded in Other Exchanges
N/A
Address
1 Hok Cheung Street, Unit 13, 5th Floor, Tower 1, Harbour Centre, Hung Hom, Kowloon, Hong Kong, HKG
Majestic Dragon AeroTech Holdings Ltd along with its subsidiaries, is principally engaged in the wholesale of consumer products including timepieces and accessories, garment and sportswear products, property investment, and provision of marketing services. Its segment includes Wholesale business Watch, Wholesale business Garment, Property investment, and Unmanned aerial vehicles business. Maximum revenue is generated from the Unmanned aerial vehicles business that sells unmanned aerial vehicles and related parts for fire-fighting, logistics transportation, communication, and agricultural use. Geographically, it derives key revenue from the People's Republic of China followed by the Middle East, Hong Kong, Africa, and Taiwan.
Executives
Zhang Jinbing 2101 Beneficial owner
Always Profit Development Limited 2101 Beneficial owner
Golden Bold Holdings Limited 2101 Beneficial owner
Wang Yuelai 2201 Interest of corporation controlled by you
Chong Kin Group Holdings Ltd. 2106 Person having a security interest in shares
State Energy Hk Limited 2101 Beneficial owner
Shang Hai Zhong She Gu Quan Tou Zi Ji Jin You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Guo Ming Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Liu Quan Hui 2201 Interest of corporation controlled by you
Guo Neng Shang Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Niu Fang 2201 Interest of corporation controlled by you
Hu Zhang Cui 2202 Interest of your spouse

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