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Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) Capex-to-Operating-Cash-Flow : 0.05 (As of Mar. 2024)


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What is Changjiang & Jinggong Steel Building (Group) 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.

Changjiang & Jinggong Steel Building (Group) Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-12.90 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was ¥269.12 Mil.

Hence, Changjiang & Jinggong Steel Building (Group) Co's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2024 was 0.05.


Changjiang & Jinggong Steel Building (Group) Co Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Changjiang & Jinggong Steel Building (Group) 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.

Changjiang & Jinggong Steel Building (Group) Co Capex-to-Operating-Cash-Flow Chart

Changjiang & Jinggong Steel Building (Group) 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 0.18 0.18 - - 0.54

Changjiang & Jinggong Steel Building (Group) Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 0.33 - 0.07 0.05

Competitive Comparison of Changjiang & Jinggong Steel Building (Group) Co's Capex-to-Operating-Cash-Flow

For the Engineering & Construction subindustry, Changjiang & Jinggong Steel Building (Group) 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.


Changjiang & Jinggong Steel Building (Group) Co's Capex-to-Operating-Cash-Flow Distribution in the Construction Industry

For the Construction industry and Industrials sector, Changjiang & Jinggong Steel Building (Group) Co's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Changjiang & Jinggong Steel Building (Group) Co's Capex-to-Operating-Cash-Flow falls into.



Changjiang & Jinggong Steel Building (Group) Co Capex-to-Operating-Cash-Flow Calculation

Changjiang & Jinggong Steel Building (Group) 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
=- (-253.615) / 470.535
=0.54

Changjiang & Jinggong Steel Building (Group) Co's Capex-to-Operating-Cash-Flow for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-12.902) / 269.115
=0.05

* 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.


Changjiang & Jinggong Steel Building (Group) Co  (SHSE:600496) 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.


Changjiang & Jinggong Steel Building (Group) Co Capex-to-Operating-Cash-Flow Related Terms

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Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) Business Description

Traded in Other Exchanges
N/A
Address
Chang Jiang Jing Gong Industrial Park, Economic and Technological Development Zone, Anhui, Liu'an, CHN, 237161
Changjiang & Jinggong Steel Building (Group) Co Ltd is a China-based company engaged in the design, production, construction, and engineering services of steel construction and enclosure system. Its main products include light steel structures, space large span steel structures, high-rise steel structures, envelope systems and fasteners, as well as curtain wall systems. The company mainly operates its businesses in the domestic and overseas markets.

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