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Goldstream Investment (HKSE:01328) Capex-to-Operating-Cash-Flow : 0.02 (As of Dec. 2023)


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What is Goldstream Investment 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.

Goldstream Investment's Capital Expenditure for the six months ended in Dec. 2023 was HK$-0.34 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2023 was HK$15.25 Mil.

Hence, Goldstream Investment's Capex-to-Operating-Cash-Flow for the six months ended in Dec. 2023 was 0.02.


Goldstream Investment Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Goldstream Investment'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.

Goldstream Investment Capex-to-Operating-Cash-Flow Chart

Goldstream Investment 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 0.05 - 0.02 - 0.14

Goldstream Investment 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

Competitive Comparison of Goldstream Investment's Capex-to-Operating-Cash-Flow

For the Asset Management subindustry, Goldstream Investment'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.


Goldstream Investment's Capex-to-Operating-Cash-Flow Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Goldstream Investment's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



Goldstream Investment Capex-to-Operating-Cash-Flow Calculation

Goldstream Investment'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
=- (-0.707) / 5.235
=0.14

Goldstream Investment'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
=- (-0.342) / 15.254
=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.


Goldstream Investment  (HKSE:01328) 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.


Goldstream Investment Capex-to-Operating-Cash-Flow Related Terms

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Goldstream Investment (HKSE:01328) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Finance Street, Suite 08, 70th Floor, Two International Finance Centre, Central, Hong Kong, HKG
Goldstream Investment Ltd is an investment holding company. The operating segments of the group are the IM business and SDI business. IM (Investment Management) business includes advisory services on securities and asset management; securities trading; and provision of the infrastructure of the investment management system. SDI (strategic direct investment) business includes the provision of making proprietary investments in the financial markets. The group has a business presence in Hong Kong; the PRC; the United States and others.
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