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Jiangsu Broadcasting Cable Information Network (SHSE:600959) Capex-to-Operating-Cash-Flow : 0.58 (As of Dec. 2023)


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What is Jiangsu Broadcasting Cable Information Network 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.

Jiangsu Broadcasting Cable Information Network's Capital Expenditure for the three months ended in Dec. 2023 was ¥-875.01 Mil. Its Cash Flow from Operations for the three months ended in Dec. 2023 was ¥1,501.82 Mil.

Hence, Jiangsu Broadcasting Cable Information Network's Capex-to-Operating-Cash-Flow for the three months ended in Dec. 2023 was 0.58.


Jiangsu Broadcasting Cable Information Network Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Jiangsu Broadcasting Cable Information Network'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.

Jiangsu Broadcasting Cable Information Network Capex-to-Operating-Cash-Flow Chart

Jiangsu Broadcasting Cable Information Network 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 0.97 0.61 0.76 0.87 0.83

Jiangsu Broadcasting Cable Information Network Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.49 15.66 0.93 0.71 0.58

Competitive Comparison of Jiangsu Broadcasting Cable Information Network's Capex-to-Operating-Cash-Flow

For the Broadcasting subindustry, Jiangsu Broadcasting Cable Information Network'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.


Jiangsu Broadcasting Cable Information Network's Capex-to-Operating-Cash-Flow Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Jiangsu Broadcasting Cable Information Network's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Jiangsu Broadcasting Cable Information Network's Capex-to-Operating-Cash-Flow falls into.



Jiangsu Broadcasting Cable Information Network Capex-to-Operating-Cash-Flow Calculation

Jiangsu Broadcasting Cable Information Network'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
=- (-1991.676) / 2407.598
=0.83

Jiangsu Broadcasting Cable Information Network'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
=- (-875.011) / 1501.822
=0.58

* 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.


Jiangsu Broadcasting Cable Information Network  (SHSE:600959) 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.


Jiangsu Broadcasting Cable Information Network Capex-to-Operating-Cash-Flow Related Terms

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Jiangsu Broadcasting Cable Information Network (SHSE:600959) Business Description

Traded in Other Exchanges
N/A
Address
Number 4, Beijing East Road, 25th Floor, Jiangsu Radio and Television City, Jiangsu Province, Nanjing, CHN, 210008
Jiangsu Broadcasting Cable Information Network Corp Ltd is a China-based company engaged in the construction and operation of broadcasting and television networks, the development and operation of radio and television program transmission, data broadband services and digital TV value-added services.

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