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Sensteed Hi-tech Group (SZSE:000981) Capex-to-Operating-Cash-Flow : 0.05 (As of Mar. 2024)


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What is Sensteed Hi-tech Group 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.

Sensteed Hi-tech Group's Capital Expenditure for the three months ended in Mar. 2024 was ¥-31.49 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was ¥659.93 Mil.

Hence, Sensteed Hi-tech Group's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2024 was 0.05.


Sensteed Hi-tech Group Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Sensteed Hi-tech Group'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.

Sensteed Hi-tech Group Capex-to-Operating-Cash-Flow Chart

Sensteed Hi-tech Group 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 0.83 1.63 - - -

Sensteed Hi-tech Group 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 - - - 0.23 0.05

Competitive Comparison of Sensteed Hi-tech Group's Capex-to-Operating-Cash-Flow

For the Auto Manufacturers subindustry, Sensteed Hi-tech Group'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.


Sensteed Hi-tech Group's Capex-to-Operating-Cash-Flow Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sensteed Hi-tech Group's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Sensteed Hi-tech Group's Capex-to-Operating-Cash-Flow falls into.



Sensteed Hi-tech Group Capex-to-Operating-Cash-Flow Calculation

Sensteed Hi-tech Group'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
=- (-454.003) / -657.693
=N/A

Sensteed Hi-tech Group'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
=- (-31.487) / 659.932
=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.


Sensteed Hi-tech Group  (SZSE:000981) 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.


Sensteed Hi-tech Group Capex-to-Operating-Cash-Flow Related Terms

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Sensteed Hi-tech Group (SZSE:000981) Business Description

Traded in Other Exchanges
N/A
Address
No. 1800, Zhongshan East Road, 42nd Floor, Guohua Financial Center, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315100
Sensteed Hi-tech Group is engaged in the New energy business. It's actively deploying new energy vehicles & semiconductors Dual industry chains to create a high-end manufacturing ecosystem that is interconnected and interactive with multiple industries such as new energy vehicle manufacturing, semiconductor packaging materials, high-end automotive parts, and travel services.
Executives
Xiong Xu Qiang Director
Wu Xi Liang Director
Liang Yong Bo Supervisors
Xu Hai Jiang Supervisors
Jin Zhao Xiu Director
Hou Xin Cai Executives

Sensteed Hi-tech Group (SZSE:000981) Headlines

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