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Hitek Global (FRA:4JX) Capex-to-Operating-Income : 2.77 (As of Dec. 2023)


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What is Hitek Global 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.

Hitek Global's Capital Expenditure for the six months ended in Dec. 2023 was €-0.04 Mil. Its Operating Income for the six months ended in Dec. 2023 was €0.01 Mil.

Hence, Hitek Global's Capex-to-Operating-Income for the six months ended in Dec. 2023 was 2.77.


Hitek Global Capex-to-Operating-Income Historical Data

The historical data trend for Hitek Global'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.

Hitek Global Capex-to-Operating-Income Chart

Hitek Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial - 0.23 0.01 0.07 0.78

Hitek Global Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 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 - 0.16 -0.01 0.74 2.77

Competitive Comparison of Hitek Global's Capex-to-Operating-Income

For the Software - Application subindustry, Hitek Global'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.


Hitek Global's Capex-to-Operating-Income Distribution in the Software Industry

For the Software industry and Technology sector, Hitek Global's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Hitek Global's Capex-to-Operating-Income falls into.



Hitek Global Capex-to-Operating-Income Calculation

Hitek Global'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
=- (-0.482) / 0.615
=0.78

Hitek Global's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-0.036) / 0.013
=2.77

* 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.


Hitek Global  (FRA:4JX) 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.


Hitek Global Capex-to-Operating-Income Related Terms

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Hitek Global (FRA:4JX) Business Description

Industry
Traded in Other Exchanges
Address
No. 30 Guanri Road, Siming District, Unit 304, Fujian Province, Phase II, Software Park, Xiamen, CHN
Hitek Global Inc is a provider of information technology consulting and solutions services. The company has two lines of businesses such as services to small and medium businesses, which consist of Anti-Counterfeiting Tax Control System tax devices, including Golden Tax Disk and printers, ACTCS services, and IT services; and services to large businesses, which include hardware sales and software sales. It generates revenues from hardware sales, software sales, IT services, and tax devices and services.

Hitek Global (FRA:4JX) Headlines

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