Niutech Environment Technology (SHSE:688309) Capex-to-Operating-Cash-Flow : 6.30 (As of Mar. 2024)

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What is Niutech Environment Technology 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.

Niutech Environment Technology's Capital Expenditure for the three months ended in Mar. 2024 was ¥-35.44 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was ¥5.62 Mil.

Hence, Niutech Environment Technology's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2024 was 6.30.

Niutech Environment Technology Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Niutech Environment Technology'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.

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Niutech Environment Technology Capex-to-Operating-Cash-Flow Chart

Niutech Environment Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Capex-to-Operating-Cash-Flow

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0.56

4.61

Niutech Environment Technology 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															-	3.39	-	0.52	6.30

Competitive Comparison of Niutech Environment Technology's Capex-to-Operating-Cash-Flow

For the Pollution & Treatment Controls subindustry, Niutech Environment Technology'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.

Niutech Environment Technology's Capex-to-Operating-Cash-Flow Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Niutech Environment Technology's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Niutech Environment Technology's Capex-to-Operating-Cash-Flow falls into.

Niutech Environment Technology Capex-to-Operating-Cash-Flow Calculation

Niutech Environment Technology'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
	=	- (-61.536)	/	13.346
	=	4.61

Niutech Environment Technology'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
	=	- (-35.439)	/	5.623
	=	6.30

Niutech Environment Technology (SHSE:688309) 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.

Niutech Environment Technology Capex-to-Operating-Cash-Flow Related Terms

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Niutech Environment Technology (SHSE:688309) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Niutech Environment Technology Corp (SHSE:688309) » Definitions » Capex-to-Operating-Cash-Flow

Traded in Other Exchanges

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Address

No. 9889 Haitang Road, High-tech Zone, Shandong Province, Jinan, CHN, 250031

Website

http://www.niutech.com

Niutech Environment Technology Corp is engaged in organic waste cracking technology research and development and related equipment design, production and sales. The company specializes in high polymer waste, such as waste tyre, waste plastic, oil sludge, waste oil, biomass, hazard waste and municipal sludge Pyrolysis technology and equipment manufacturing and product sales.

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