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Fujian Acetron New Materials Co (SZSE:300706) Capex-to-Operating-Cash-Flow : 0.25 (As of Mar. 2024)


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What is Fujian Acetron New Materials 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.

Fujian Acetron New Materials Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-7.74 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was ¥30.83 Mil.

Hence, Fujian Acetron New Materials Co's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2024 was 0.25.


Fujian Acetron New Materials Co Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Fujian Acetron New Materials 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.

Fujian Acetron New Materials Co Capex-to-Operating-Cash-Flow Chart

Fujian Acetron New Materials 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 5.10 7.80 3.45 - -

Fujian Acetron New Materials 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 - 1.30 - 1.75 0.25

Competitive Comparison of Fujian Acetron New Materials Co's Capex-to-Operating-Cash-Flow

For the Chemicals subindustry, Fujian Acetron New Materials 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.


Fujian Acetron New Materials Co's Capex-to-Operating-Cash-Flow Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Fujian Acetron New Materials Co's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Fujian Acetron New Materials Co's Capex-to-Operating-Cash-Flow falls into.



Fujian Acetron New Materials Co Capex-to-Operating-Cash-Flow Calculation

Fujian Acetron New Materials 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
=- (-125.777) / -13.693
=N/A

Fujian Acetron New Materials 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
=- (-7.735) / 30.834
=0.25

* 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.


Fujian Acetron New Materials Co  (SZSE:300706) 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.


Fujian Acetron New Materials Co Capex-to-Operating-Cash-Flow Related Terms

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Fujian Acetron New Materials Co (SZSE:300706) Business Description

Traded in Other Exchanges
N/A
Address
Hangcheng Street, No.169, Taipingli, Qinjiang Village, Fujian Province, Changle, CHN, 350200
Fujian Acetron New Materials Co Ltd is engaged in research and development, production and sale of coating materials. The company mainly produces vacuum evaporation and sputter coating materials for optics, semiconductors, flat-panel displays and surface decoration. Its products are widely used in flat panel display, optical components, energy-saving glass and other fields. The company's products are distributed all over the world and are primarily exported to the developed countries such as Japan, the United States, Germany and Korea.
Executives
Chen Zheng Wei Director
Chen Qin Zhong Directors, executives
Chen Ben Song Directors, executives

Fujian Acetron New Materials Co (SZSE:300706) Headlines

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