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Jones Tech (SZSE:300684) Capex-to-Operating-Cash-Flow : 3.75 (As of Mar. 2024)


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What is Jones Tech 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.

Jones Tech's Capital Expenditure for the three months ended in Mar. 2024 was ¥-42.56 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was ¥11.35 Mil.

Hence, Jones Tech's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2024 was 3.75.


Jones Tech Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Jones Tech'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.

Jones Tech Capex-to-Operating-Cash-Flow Chart

Jones Tech 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 0.34 0.72 1.43 0.37 0.42

Jones Tech 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 0.35 0.47 0.44 0.54 3.75

Competitive Comparison of Jones Tech's Capex-to-Operating-Cash-Flow

For the Electronic Components subindustry, Jones Tech'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.


Jones Tech's Capex-to-Operating-Cash-Flow Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jones Tech's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Jones Tech's Capex-to-Operating-Cash-Flow falls into.



Jones Tech Capex-to-Operating-Cash-Flow Calculation

Jones Tech'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
=- (-79.41) / 189.685
=0.42

Jones Tech'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
=- (-42.555) / 11.346
=3.75

* 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.


Jones Tech  (SZSE:300684) 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.


Jones Tech Capex-to-Operating-Cash-Flow Related Terms

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Jones Tech (SZSE:300684) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.3 Dong Huan Zhong Lu, Beijing Economical & Technological Development Area, Beijing, CHN, 100070
Jones Tech PLC provides solutions to improve electronics equipment. The company's core products consist of thermal management materials, shielding material, power filters, and EMC/EMP services. Jones Tech also provides EMI testing and certification service. The company serves a diverse set of markets including telecommunications, medical electronics, information technology, industrial machinery manufacturing, rail transportation and renewable energy.
Executives
Zhu Guang Fu Executives
Yuan Jing Supervisors
Chen Yu Directors, Directors, and Executives
Chen Qu Directors, executives
Ye Lu Directors, executives
Wu Xiao Ning Director
Director
Zhang Wei Na Securities Affairs Representative

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