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Changshu Tongrun Auto Accessory Co (SHSE:603201) Capex-to-Operating-Income : 0.57 (As of Sep. 2024)


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What is Changshu Tongrun Auto Accessory 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.

Changshu Tongrun Auto Accessory Co's Capital Expenditure for the three months ended in Sep. 2024 was ¥-53.18 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥92.73 Mil.

Hence, Changshu Tongrun Auto Accessory Co's Capex-to-Operating-Income for the three months ended in Sep. 2024 was 0.57.


Changshu Tongrun Auto Accessory Co Capex-to-Operating-Income Historical Data

The historical data trend for Changshu Tongrun Auto Accessory 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.

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Changshu Tongrun Auto Accessory Co Capex-to-Operating-Income Chart

Changshu Tongrun Auto Accessory Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial 0.23 0.14 0.38 0.43 0.52

Changshu Tongrun Auto Accessory Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.55 0.47 1.03 0.58 0.57

Competitive Comparison of Changshu Tongrun Auto Accessory Co's Capex-to-Operating-Income

For the Auto Parts subindustry, Changshu Tongrun Auto Accessory 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.


Changshu Tongrun Auto Accessory Co's Capex-to-Operating-Income Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Changshu Tongrun Auto Accessory Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Changshu Tongrun Auto Accessory Co's Capex-to-Operating-Income falls into.



Changshu Tongrun Auto Accessory Co Capex-to-Operating-Income Calculation

Changshu Tongrun Auto Accessory 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
=- (-152.035) / 293.353
=0.52

Changshu Tongrun Auto Accessory Co's Capex-to-Operating-Income for the quarter that ended in Sep. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-53.178) / 92.725
=0.57

* 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.


Changshu Tongrun Auto Accessory Co  (SHSE:603201) 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.


Changshu Tongrun Auto Accessory Co Capex-to-Operating-Income Related Terms

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Changshu Tongrun Auto Accessory Co Business Description

Traded in Other Exchanges
N/A
Address
Xinlongteng Industrial Park, Economic Development Zone, Jiangsu Province, Changshu, CHN
Changshu Tongrun Auto Accessory Co Ltd is engaged in the research and development, manufacturing and sales of various jacks and their extended products. The company's main products include commercial jacks, vehicle-mounted jacks, professional jacks, lifts and other automotive maintenance equipment and tools.
Executives
Directors, senior managers
Shi Xiao Ming Director
Zhu Wei Directors, senior managers
Wang Xiong Ping Directors, senior managers
Chen Jiang Directors, senior managers
Li Xue Jun senior management
Lu Xin Jun Director
Zhou Ke Shu senior management
Shen Min senior management

Changshu Tongrun Auto Accessory Co Headlines

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