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Tonking New Energy Group Holdings (HKSE:08326) Capex-to-Operating-Cash-Flow : 0.00 (As of Sep. 2024)


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What is Tonking New Energy Group 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.

Tonking New Energy Group Holdings's Capital Expenditure for the three months ended in Sep. 2024 was HK$0.00 Mil. Its Cash Flow from Operations for the three months ended in Sep. 2024 was HK$0.00 Mil.

GuruFocus do not calculate Capex-to-Operating-Cash-Flow if the Cash Flow from Operations is negative.


Tonking New Energy Group Holdings Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Tonking New Energy Group 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.

Tonking New Energy Group Holdings Capex-to-Operating-Cash-Flow Chart

Tonking New Energy Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.32 0.05 -

Tonking New Energy Group Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - - - - -

Competitive Comparison of Tonking New Energy Group Holdings's Capex-to-Operating-Cash-Flow

For the Utilities - Renewable subindustry, Tonking New Energy Group 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.


Tonking New Energy Group Holdings's Capex-to-Operating-Cash-Flow Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tonking New Energy Group Holdings's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Tonking New Energy Group Holdings's Capex-to-Operating-Cash-Flow falls into.


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Tonking New Energy Group Holdings Capex-to-Operating-Cash-Flow Calculation

Tonking New Energy Group 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
=- (-2.466) / -60.285
=N/A

Tonking New Energy Group 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) / 0
=N/A

* 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.


Tonking New Energy Group Holdings  (HKSE:08326) 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.


Tonking New Energy Group Holdings Capex-to-Operating-Cash-Flow Related Terms

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Tonking New Energy Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
67 Mody Road, Room 701, 7th Floor, Peninsula Centre, Tsimshatsui, Kowloon, Hong Kong, HKG
Tonking New Energy Group Holdings Ltd is an investment holding company. The Company's principal activity is the renewable energy business in the People's Republic of China. Its operating segments include Sales of the patented photovoltaic tracking mounting bracket systems; Provision of one-stop value-added solutions for photovoltaic power stations and Sales of electricity. The company generates maximum revenue from the Sales of the patented photovoltaic tracking mounting bracket systems segment. The group's business is primarily operated through Hong Kong and China of which China accounts for a larger share of the revenue.
Executives
Wu Jiannong 2201 Interest of corporation controlled by you
Rise Triumph Limited 2101 Beneficial owner
Xu Jun 2101 Beneficial owner
Victory Stand International Limited 2101 Beneficial owner
Wu Kai Char 2201 Interest of corporation controlled by you

Tonking New Energy Group Holdings Headlines

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