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Henan Mingtai Al Industrial Co (SHSE:601677) Capex-to-Operating-Cash-Flow : 0.00 (As of Mar. 2024)


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What is Henan Mingtai Al Industrial 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.

Henan Mingtai Al Industrial Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-89.76 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was ¥-569.07 Mil.

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


Henan Mingtai Al Industrial Co Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Henan Mingtai Al Industrial 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.

Henan Mingtai Al Industrial Co Capex-to-Operating-Cash-Flow Chart

Henan Mingtai Al Industrial 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 - 0.41 0.20 - 0.32

Henan Mingtai Al Industrial 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 - -0.01 - 0.04 -

Competitive Comparison of Henan Mingtai Al Industrial Co's Capex-to-Operating-Cash-Flow

For the Aluminum subindustry, Henan Mingtai Al Industrial 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.


Henan Mingtai Al Industrial Co's Capex-to-Operating-Cash-Flow Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Henan Mingtai Al Industrial Co's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Henan Mingtai Al Industrial Co's Capex-to-Operating-Cash-Flow falls into.



Henan Mingtai Al Industrial Co Capex-to-Operating-Cash-Flow Calculation

Henan Mingtai Al Industrial 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
=- (-213.823) / 665.807
=0.32

Henan Mingtai Al Industrial 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
=- (-89.756) / -569.065
=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.


Henan Mingtai Al Industrial Co  (SHSE:601677) 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.


Henan Mingtai Al Industrial Co Capex-to-Operating-Cash-Flow Related Terms

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Henan Mingtai Al Industrial Co (SHSE:601677) Business Description

Traded in Other Exchanges
N/A
Address
Huiguo Town Development Zone, Henan Province, Gongyi, CHN, 451283
Henan Mingtai Al Industrial Co Ltd is a China based aluminum processing enterprise. It is involved in the producing and selling aluminum products. The products offered by the company include CTP plate stock, PS plate stock, aluminum electrode capacitor foil, foil stock, deep-draw stock, brazing sheet, alloy sheet and plate, and others. The products are used in different industries such as automobile making, traffic and transportation, packaging and containers, buildings and decorations, electrical and electronic, printing, among others. The company has the business presence in China and other international countries.
Executives
Wang Li Jiao senior management
Lei Peng senior management
Hua Xin Min Director
Sun Jun Xun senior management
Sun Hui Peng Supervisors
Liu Jie Directors, senior managers
He Zhi Gang senior management
Du You Dong Director
Hao Ming Xia senior management
Li Hao Jie Supervisors
Lei Jing Guo Director
Ma Yue Ping Supervisors

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