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Xinyi Solar Holdings (HKSE:00968) Capex-to-Operating-Income : 1.39 (As of Dec. 2023)


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What is Xinyi Solar Holdings 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.

Xinyi Solar Holdings's Capital Expenditure for the six months ended in Dec. 2023 was HK$-5,492.32 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$3,957.50 Mil.

Hence, Xinyi Solar Holdings's Capex-to-Operating-Income for the six months ended in Dec. 2023 was 1.39.


Xinyi Solar Holdings Capex-to-Operating-Income Historical Data

The historical data trend for Xinyi Solar Holdings'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.

Xinyi Solar Holdings Capex-to-Operating-Income Chart

Xinyi Solar Holdings 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 0.71 0.56 0.75 1.25 1.61

Xinyi Solar Holdings 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 0.91 1.11 1.38 2.01 1.39

Competitive Comparison of Xinyi Solar Holdings's Capex-to-Operating-Income

For the Solar subindustry, Xinyi Solar Holdings'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.


Xinyi Solar Holdings's Capex-to-Operating-Income Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Xinyi Solar Holdings's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Xinyi Solar Holdings's Capex-to-Operating-Income falls into.



Xinyi Solar Holdings Capex-to-Operating-Income Calculation

Xinyi Solar Holdings'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
=- (-9889.223) / 6144.511
=1.61

Xinyi Solar Holdings's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-5492.315) / 3957.5
=1.39

* 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.


Xinyi Solar Holdings  (HKSE:00968) 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.


Xinyi Solar Holdings Capex-to-Operating-Income Related Terms

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Xinyi Solar Holdings (HKSE:00968) Business Description

Traded in Other Exchanges
Address
Xinyi PV Glass Industrial Zone, 2 Xinyi Road, Wuhu Economic and Technology Development Zone, Anhui Province, Wuhu, CHN, 241009
Xinyi Solar Holdings Ltd is an investment holding company. Its activities consist of the production and sale of solar glass products, the development and operation of solar farms, and the provision of engineering, procurement, and construction (EPC) services. The company's segments include sales of solar glass; solar farm business which includes solar farm development and solar power generation; and EPC services. It derives revenue from two core business segments, namely the sale and manufacturing of solar glass and solar farm business. Its operations are held in the People's Republic of China and Other countries.

Xinyi Solar Holdings (HKSE:00968) Headlines

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