GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » CSI Solar Co Ltd (SHSE:688472) » Definitions » Capex-to-Operating-Income

CSI Solar Co (SHSE:688472) Capex-to-Operating-Income : 1.70 (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is CSI Solar 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.

CSI Solar Co's Capital Expenditure for the three months ended in Sep. 2024 was ¥-1,688.66 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥993.10 Mil.

Hence, CSI Solar Co's Capex-to-Operating-Income for the three months ended in Sep. 2024 was 1.70.


CSI Solar Co Capex-to-Operating-Income Historical Data

The historical data trend for CSI Solar 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.

CSI Solar Co Capex-to-Operating-Income Chart

CSI Solar Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 1.13 0.10 1.43 1.92

CSI Solar Co Quarterly Data
Sep17 Dec18 Dec19 Sep20 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 Premium Member Only Premium Member Only 2.06 3.44 2.34 2.22 1.70

Competitive Comparison of CSI Solar Co's Capex-to-Operating-Income

For the Solar subindustry, CSI Solar 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.


CSI Solar Co's Capex-to-Operating-Income Distribution in the Semiconductors Industry

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

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



CSI Solar Co Capex-to-Operating-Income Calculation

CSI Solar 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
=- (-8204.052) / 4282.709
=1.92

CSI Solar 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
=- (-1688.656) / 993.101
=1.70

* 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.


CSI Solar Co  (SHSE:688472) 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.


CSI Solar Co Capex-to-Operating-Income Related Terms

Thank you for viewing the detailed overview of CSI Solar Co's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.


CSI Solar Co Business Description

Traded in Other Exchanges
N/A
Address
No. 199 Lushan Road, Suzhou High-tech Zone, Jiangsu Province, Suzhou, CHN, 215129
CSI Solar Co Ltd research & development, production and sales of crystalline silicon photovoltaic modules. Its products include Modules, inverters, system kits, and energy storage.

CSI Solar Co Headlines

No Headlines