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Tianshan Aluminum Group Co (SZSE:002532) Capex-to-Operating-Cash-Flow : 0.42 (As of Mar. 2024)


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What is Tianshan Aluminum Group 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.

Tianshan Aluminum Group Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-440.60 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was ¥1,053.34 Mil.

Hence, Tianshan Aluminum Group Co's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2024 was 0.42.


Tianshan Aluminum Group Co Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Tianshan Aluminum Group 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.

Tianshan Aluminum Group Co Capex-to-Operating-Cash-Flow Chart

Tianshan Aluminum Group 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 0.50 0.71 1.45 0.68 0.60

Tianshan Aluminum Group 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 4.56 1.01 0.46 0.33 0.42

Competitive Comparison of Tianshan Aluminum Group Co's Capex-to-Operating-Cash-Flow

For the Aluminum subindustry, Tianshan Aluminum Group 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.


Tianshan Aluminum Group Co's Capex-to-Operating-Cash-Flow Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tianshan Aluminum Group Co's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Tianshan Aluminum Group Co's Capex-to-Operating-Cash-Flow falls into.



Tianshan Aluminum Group Co Capex-to-Operating-Cash-Flow Calculation

Tianshan Aluminum Group 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
=- (-2356.999) / 3916.335
=0.60

Tianshan Aluminum Group 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
=- (-440.598) / 1053.34
=0.42

* 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.


Tianshan Aluminum Group Co  (SZSE:002532) 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.


Tianshan Aluminum Group Co Capex-to-Operating-Cash-Flow Related Terms

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Tianshan Aluminum Group Co (SZSE:002532) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Weiwu Road, North Industrial Park, Shihezi Development Zone, Xinjiang Uygur Autonomous Region, Xinjiang, CHN, 832014
Tianshan Aluminum Group Co Ltd is engaged in the production and sales of primary aluminum, alumina, high-purity aluminum, pre-baked anodes, and aluminum deep-processed products and materials.
Executives
Zhang Jun Jie Directors, executives
Gui Jian Hui Executives
Zhang Jian Zhong Executives
Wang Chang Dong Executives
Yan Xian Fa Executives, directors, directors
Xu Hong Feng Director
Zhang Hong Supervisors
Guo Shu Ming Executives
Ou Yang Ya Zhi Executives
Liu Jin Xiao Supervisors
Xu Min Tian Directors, executives
Pan Bing Lin Supervisors
Ye Xing Hong Director
Wang Jian Zhong Director

Tianshan Aluminum Group Co (SZSE:002532) Headlines

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