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Zhejiang Weigang Technology Co (SZSE:001256) Capex-to-Operating-Cash-Flow : 0.00 (As of Mar. 2024)


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What is Zhejiang Weigang Technology 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.

Zhejiang Weigang Technology Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-3.76 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was ¥-5.42 Mil.

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


Zhejiang Weigang Technology Co Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Zhejiang Weigang Technology 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.

Zhejiang Weigang Technology Co Capex-to-Operating-Cash-Flow Chart

Zhejiang Weigang Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial 1.48 0.78 0.81 0.69 0.31

Zhejiang Weigang Technology Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 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 - - - - -

Competitive Comparison of Zhejiang Weigang Technology Co's Capex-to-Operating-Cash-Flow

For the Specialty Industrial Machinery subindustry, Zhejiang Weigang Technology 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.


Zhejiang Weigang Technology Co's Capex-to-Operating-Cash-Flow Distribution in the Industrial Products Industry

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

* The bar in red indicates where Zhejiang Weigang Technology Co's Capex-to-Operating-Cash-Flow falls into.



Zhejiang Weigang Technology Co Capex-to-Operating-Cash-Flow Calculation

Zhejiang Weigang Technology 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
=- (-51.573) / 169.043
=0.31

Zhejiang Weigang Technology 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
=- (-3.759) / -5.42
=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.


Zhejiang Weigang Technology Co  (SZSE:001256) 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.


Zhejiang Weigang Technology Co Capex-to-Operating-Cash-Flow Related Terms

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Zhejiang Weigang Technology Co (SZSE:001256) Business Description

Traded in Other Exchanges
N/A
Address
Songqiao Industrial Zone, Pingyang County, Zhejiang Province, Wenzhou, CHN, 325409
Zhejiang Weigang Technology Co Ltd specialized in manufacturing narrow label printing machines and converting machines.

Zhejiang Weigang Technology Co (SZSE:001256) Headlines

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