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Hebei Yichen Industrial Group (HKSE:01596) Capex-to-Operating-Income : 0.50 (As of Dec. 2023)


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What is Hebei Yichen Industrial 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.

Hebei Yichen Industrial Group's Capital Expenditure for the six months ended in Dec. 2023 was HK$-50.02 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$99.16 Mil.

Hence, Hebei Yichen Industrial Group's Capex-to-Operating-Income for the six months ended in Dec. 2023 was 0.50.


Hebei Yichen Industrial Group Capex-to-Operating-Income Historical Data

The historical data trend for Hebei Yichen Industrial 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.

Hebei Yichen Industrial Group Capex-to-Operating-Income Chart

Hebei Yichen Industrial 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 0.56 0.54 0.62 0.74 0.69

Hebei Yichen Industrial Group Semi-Annual Data
Dec13 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 0.96 0.98 0.45 1.06 0.50

Competitive Comparison of Hebei Yichen Industrial Group's Capex-to-Operating-Income

For the Railroads subindustry, Hebei Yichen Industrial 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.


Hebei Yichen Industrial Group's Capex-to-Operating-Income Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hebei Yichen Industrial Group's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Hebei Yichen Industrial Group's Capex-to-Operating-Income falls into.



Hebei Yichen Industrial Group Capex-to-Operating-Income Calculation

Hebei Yichen Industrial 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
=- (-103.546) / 149.524
=0.69

Hebei Yichen Industrial 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
=- (-50.019) / 99.159
=0.50

* 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.


Hebei Yichen Industrial Group  (HKSE:01596) 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.


Hebei Yichen Industrial Group Capex-to-Operating-Income Related Terms

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Hebei Yichen Industrial Group (HKSE:01596) Business Description

Traded in Other Exchanges
Address
No. 1 Yichen North Street, Gaocheng District, Hebei Province, Shijiazhuang, CHN
Hebei Yichen Industrial Group Corp Ltd is one of the leading rail fastening system providers in the PRC, with the business focusing on three business segments namely Rail Fastening System Products; Welding Wire Products; and Railway Sleeper Products. Its maximum revenue is generated by the Rail fastening system segment. Some of its product includes the Spring bar type IV fastener system; the WJ-7 type fastener system; the DT-VI2 fastener system; Double-layer nonlinear shock-absorbing fastener system; the Spring bar II type fastener system and others.

Hebei Yichen Industrial Group (HKSE:01596) Headlines

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