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Precision Tsugami (China) (HKSE:01651) Capex-to-Operating-Cash-Flow : 0.20 (As of Sep. 2023)


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What is Precision Tsugami (China) 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.

Precision Tsugami (China)'s Capital Expenditure for the six months ended in Sep. 2023 was HK$-59.48 Mil. Its Cash Flow from Operations for the six months ended in Sep. 2023 was HK$297.87 Mil.

Hence, Precision Tsugami (China)'s Capex-to-Operating-Cash-Flow for the six months ended in Sep. 2023 was 0.20.


Precision Tsugami (China) Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Precision Tsugami (China)'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.

Precision Tsugami (China) Capex-to-Operating-Cash-Flow Chart

Precision Tsugami (China) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only 0.29 0.86 0.34 0.30 0.07

Precision Tsugami (China) Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.09 0.92 0.11 0.06 0.20

Competitive Comparison of Precision Tsugami (China)'s Capex-to-Operating-Cash-Flow

For the Tools & Accessories subindustry, Precision Tsugami (China)'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.


Precision Tsugami (China)'s Capex-to-Operating-Cash-Flow Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Precision Tsugami (China)'s Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Precision Tsugami (China)'s Capex-to-Operating-Cash-Flow falls into.



Precision Tsugami (China) Capex-to-Operating-Cash-Flow Calculation

Precision Tsugami (China)'s Capex-to-Operating-Cash-Flow for the fiscal year that ended in Mar. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-62.769) / 869.512
=0.07

Precision Tsugami (China)'s Capex-to-Operating-Cash-Flow for the quarter that ended in Sep. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-59.484) / 297.866
=0.20

* 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.


Precision Tsugami (China)  (HKSE:01651) 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.


Precision Tsugami (China) Capex-to-Operating-Cash-Flow Related Terms

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Precision Tsugami (China) (HKSE:01651) Business Description

Traded in Other Exchanges
N/A
Address
No. 2001 Pingcheng Road, Pinghu Economic-Technological Development Zone, Zhejiang Province, Pinghu, CHN, 314200
Precision Tsugami (China) Corp Ltd is engaged in the manufacturing and distribution of computer numerical control (CNC) high precision machine tools; and the provision of commercial consultation services. It manufactures and sells CNC machine tools including Precision lathes, Precision machining centres, Precision thread and form rolling machines and Precision grinding machines under the TSUGAMI brand. The company only has one reportable operating segment which is the manufacture and sale of high precision CNC machine tools. Its products are mainly for the Chinese market and are also sold to Japan, Europe, the US, Southeast Asia and other countries.
Executives
Fmr Llc 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Tsugami Corporation 2101 Beneficial owner

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