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Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Capex-to-Operating-Income : 1.09 (As of Mar. 2024)


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What is Argus (Shanghai) Textile Chemicals 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.

Argus (Shanghai) Textile Chemicals Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-31.72 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥29.19 Mil.

Hence, Argus (Shanghai) Textile Chemicals Co's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 1.09.


Argus (Shanghai) Textile Chemicals Co Capex-to-Operating-Income Historical Data

The historical data trend for Argus (Shanghai) Textile Chemicals 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.

Argus (Shanghai) Textile Chemicals Co Capex-to-Operating-Income Chart

Argus (Shanghai) Textile Chemicals 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 1.15 1.30 1.32 2.22 1.02

Argus (Shanghai) Textile Chemicals 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 1.34 1.13 0.46 - 1.09

Competitive Comparison of Argus (Shanghai) Textile Chemicals Co's Capex-to-Operating-Income

For the Specialty Chemicals subindustry, Argus (Shanghai) Textile Chemicals 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.


Argus (Shanghai) Textile Chemicals Co's Capex-to-Operating-Income Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Argus (Shanghai) Textile Chemicals Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Argus (Shanghai) Textile Chemicals Co's Capex-to-Operating-Income falls into.



Argus (Shanghai) Textile Chemicals Co Capex-to-Operating-Income Calculation

Argus (Shanghai) Textile Chemicals 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
=- (-61.508) / 60.208
=1.02

Argus (Shanghai) Textile Chemicals 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
=- (-31.723) / 29.187
=1.09

* 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.


Argus (Shanghai) Textile Chemicals Co  (SHSE:603790) 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.


Argus (Shanghai) Textile Chemicals Co Capex-to-Operating-Income Related Terms

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Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Business Description

Traded in Other Exchanges
N/A
Address
No. 388 Jinyuan Liu Road, Jiangqiao, Jiading, Room 275-278, Building 16, Shanghai, CHN, 201812
Argus (Shanghai) Textile Chemicals Co Ltd is a Chinese company that manufactures dyes. The company is specialized in the research and development, manufacturing and marketing of textile chemicals and providing technical support services for several specialties. It offers Dyes for cellulose, polyamide, wool, polyester, and silk. While its other products categories include Argasoft products and other auxiliary services related to dying.
Executives
Xie Bing Directors, senior managers
Gu Zhe Dong Director
Xu Ya Qin senior management
Cheng Yu Qing senior management
Ceng Jian Ping Director
Hong Bin senior management
Zheng Yi Hua Director

Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Headlines

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