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Xuchang KETOP Testing Research Institute Co (SZSE:003008) Capex-to-Operating-Cash-Flow : 0.66 (As of Mar. 2024)


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What is Xuchang KETOP Testing Research Institute 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.

Xuchang KETOP Testing Research Institute Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-15.43 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was ¥23.23 Mil.

Hence, Xuchang KETOP Testing Research Institute Co's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2024 was 0.66.


Xuchang KETOP Testing Research Institute Co Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Xuchang KETOP Testing Research Institute 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.

Xuchang KETOP Testing Research Institute Co Capex-to-Operating-Cash-Flow Chart

Xuchang KETOP Testing Research Institute Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial 0.92 0.49 0.98 0.91 0.45

Xuchang KETOP Testing Research Institute 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 0.38 0.63 0.55 0.28 0.66

Competitive Comparison of Xuchang KETOP Testing Research Institute Co's Capex-to-Operating-Cash-Flow

For the Specialty Business Services subindustry, Xuchang KETOP Testing Research Institute 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.


Xuchang KETOP Testing Research Institute Co's Capex-to-Operating-Cash-Flow Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Xuchang KETOP Testing Research Institute Co's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Xuchang KETOP Testing Research Institute Co's Capex-to-Operating-Cash-Flow falls into.



Xuchang KETOP Testing Research Institute Co Capex-to-Operating-Cash-Flow Calculation

Xuchang KETOP Testing Research Institute 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
=- (-47.742) / 107.164
=0.45

Xuchang KETOP Testing Research Institute 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
=- (-15.433) / 23.231
=0.66

* 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.


Xuchang KETOP Testing Research Institute Co  (SZSE:003008) 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.


Xuchang KETOP Testing Research Institute Co Capex-to-Operating-Cash-Flow Related Terms

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Xuchang KETOP Testing Research Institute Co (SZSE:003008) Business Description

Traded in Other Exchanges
N/A
Address
Intersection of Weiwu Avenue and Shangde Road, Henan Province, Xuchang, CHN, 461000
Xuchang KETOP Testing Research Institute Co Ltd is engaged in provision of power system secondary equipment testing services, other technical services and testing equipment sales. The company provides measurement technology and test method of power system secondary protection equipment, smart micro-grid devices and Electric Vehicle Charging and Battary Swap System to provide authoritative test scheme and service, guaranteeing the quality of products in power system.
Executives
Zhang Ran Directors, executives
Wang Feng Supervisors
Li Quan Xi Executives
He Chun Executives
Fu Run Wei Supervisors
Song Xia Executives

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