GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Resources Gas Group Ltd (OTCPK:CRGGF) » Definitions » Capex-to-Operating-Income

China Resources Gas Group (China Resources Gas Group) Capex-to-Operating-Income : 1.20 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is China Resources Gas Group Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

China Resources Gas Group's Capital Expenditure for the six months ended in Dec. 2023 was $-451.91 Mil. Its Operating Income for the six months ended in Dec. 2023 was $376.73 Mil.

Hence, China Resources Gas Group's Capex-to-Operating-Income for the six months ended in Dec. 2023 was 1.20.


China Resources Gas Group Capex-to-Operating-Income Historical Data

The historical data trend for China Resources Gas Group's Capex-to-Operating-Income 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.

China Resources Gas Group Capex-to-Operating-Income Chart

China Resources Gas Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.66 0.62 0.80 0.77

China Resources Gas Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Capex-to-Operating-Income 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 0.79 0.55 1.10 0.48 1.20

Competitive Comparison of China Resources Gas Group's Capex-to-Operating-Income

For the Utilities - Regulated Gas subindustry, China Resources Gas Group's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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.


China Resources Gas Group's Capex-to-Operating-Income Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Resources Gas Group's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where China Resources Gas Group's Capex-to-Operating-Income falls into.



China Resources Gas Group Capex-to-Operating-Income Calculation

China Resources Gas Group's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-722.809) / 938.805
=0.77

China Resources Gas Group's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-451.913) / 376.734
=1.20

* 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.


China Resources Gas Group  (OTCPK:CRGGF) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


China Resources Gas Group Capex-to-Operating-Income Related Terms

Thank you for viewing the detailed overview of China Resources Gas Group's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.


China Resources Gas Group (China Resources Gas Group) Business Description

Traded in Other Exchanges
Address
26 Harbour Road, Room 1901-02, China Resources Building, Wanchai, Hong Kong, HKG
China Resources Gas Group is a leading gas utilities group in China engaged in city gas distribution, including piped natural gas distribution and natural gas filling stations. At the end of 2022, CRG's portfolio comprised 273 city gas projects in China. The firm achieved annual gas sales volume of 35.9 billion cubic meters and has connected 53.9 million residential customers, or a penetration rate of 58.2%.

China Resources Gas Group (China Resources Gas Group) Headlines

From GuruFocus