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Cosco Shipping Development Co (HKSE:02866) Capex-to-Operating-Income : 1.25 (As of Mar. 2024)


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What is Cosco Shipping Development Co 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.

Cosco Shipping Development Co's Capital Expenditure for the three months ended in Mar. 2024 was HK$-910.33 Mil. Its Operating Income for the three months ended in Mar. 2024 was HK$726.15 Mil.

Hence, Cosco Shipping Development Co's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 1.25.


Cosco Shipping Development Co Capex-to-Operating-Income Historical Data

The historical data trend for Cosco Shipping Development Co'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.

Cosco Shipping Development Co Capex-to-Operating-Income Chart

Cosco Shipping Development Co 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 9.60 8.36 3.73 1.84 1.58

Cosco Shipping Development 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-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 1.05 2.29 1.42 1.55 1.25

Competitive Comparison of Cosco Shipping Development Co's Capex-to-Operating-Income

For the Aerospace & Defense subindustry, Cosco Shipping Development Co'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.


Cosco Shipping Development Co's Capex-to-Operating-Income Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cosco Shipping Development Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Cosco Shipping Development Co's Capex-to-Operating-Income falls into.



Cosco Shipping Development Co Capex-to-Operating-Income Calculation

Cosco Shipping Development Co'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
=- (-6286.584) / 3988.009
=1.58

Cosco Shipping Development Co's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-910.331) / 726.15
=1.25

* 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.


Cosco Shipping Development Co  (HKSE:02866) 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.


Cosco Shipping Development Co Capex-to-Operating-Income Related Terms

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Cosco Shipping Development Co (HKSE:02866) Business Description

Traded in Other Exchanges
Address
Room A-538, International Trade Building, Pilot Free Trade Zone, Shanghai, CHN, 200127
COSCO SHIPPING Development Co Ltd is a China-based company operating and managing container shipping. Its services include container transportation, vessel chartering, cargo canvassing and booking, customs clearance, depot services, container construction, sales, purchase, and vessel management. The operating business segments are the Shipping and industry-related leasing segment, which renders vessel chartering, container leasing, and finance lease services, the Container manufacturing segment, which manufactures and sells containers, Investment and services segment, which focuses on equity or debt investment and insurance brokerage services; and Other businesses segment comprises, principally, cargo and liner agency services.

Cosco Shipping Development Co (HKSE:02866) Headlines

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