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Changchun Gas Co (SHSE:600333) Capex-to-Operating-Cash-Flow : 0.76 (As of Jun. 2024)


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What is Changchun Gas 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.

Changchun Gas Co's Capital Expenditure for the three months ended in Jun. 2024 was ¥-28.31 Mil. Its Cash Flow from Operations for the three months ended in Jun. 2024 was ¥37.18 Mil.

Hence, Changchun Gas Co's Capex-to-Operating-Cash-Flow for the three months ended in Jun. 2024 was 0.76.


Changchun Gas Co Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Changchun Gas 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.

Changchun Gas Co Capex-to-Operating-Cash-Flow Chart

Changchun Gas 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 0.79 3.40 0.74 1.35 2.05

Changchun Gas Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.42 0.16 - - 0.76

Competitive Comparison of Changchun Gas Co's Capex-to-Operating-Cash-Flow

For the Utilities - Regulated Gas subindustry, Changchun Gas 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.


Changchun Gas Co's Capex-to-Operating-Cash-Flow Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Changchun Gas Co's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Changchun Gas Co's Capex-to-Operating-Cash-Flow falls into.



Changchun Gas Co Capex-to-Operating-Cash-Flow Calculation

Changchun Gas 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
=- (-113.106) / 55.133
=2.05

Changchun Gas Co's Capex-to-Operating-Cash-Flow for the quarter that ended in Jun. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-28.307) / 37.184
=0.76

* 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.


Changchun Gas Co  (SHSE:600333) 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.


Changchun Gas Co Capex-to-Operating-Cash-Flow Related Terms

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Changchun Gas Co Business Description

Traded in Other Exchanges
N/A
Address
No. 421 Yan'an Street, Chaoyang District, Changchun, Jilin, CHN, 130061
Changchun Gas Co Ltd is engaged in the production and supply of gas in China. It engages in the production, sale, storage, transportation, and after-sales service of natural gas for automobiles; operation of gas filling stations.
Executives
Liu Yan Zhi senior management
Liang Yong Xiang Directors, senior managers
Jin Yong Hao senior management
Tong Shao Guang senior management
Sun Ping Director
Sun Shu Huai Directors, senior managers
Zhao Feng Qi Supervisors
Guo Jun Supervisors

Changchun Gas Co Headlines

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