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Zhejiang Shuangyuan Technology Co (SHSE:688623) Capex-to-Operating-Income : 1.27 (As of Mar. 2024)


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What is Zhejiang Shuangyuan Technology 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.

Zhejiang Shuangyuan Technology Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-23.92 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥18.90 Mil.

Hence, Zhejiang Shuangyuan Technology Co's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 1.27.


Zhejiang Shuangyuan Technology Co Capex-to-Operating-Income Historical Data

The historical data trend for Zhejiang Shuangyuan Technology 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.

Zhejiang Shuangyuan Technology Co Capex-to-Operating-Income Chart

Zhejiang Shuangyuan Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
0.01 0.06 0.05 0.15 0.68

Zhejiang Shuangyuan Technology Co Quarterly Data
Dec19 Dec20 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 0.66 0.36 0.62 1.50 1.27

Competitive Comparison of Zhejiang Shuangyuan Technology Co's Capex-to-Operating-Income

For the Specialty Industrial Machinery subindustry, Zhejiang Shuangyuan Technology 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.


Zhejiang Shuangyuan Technology Co's Capex-to-Operating-Income Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Shuangyuan Technology Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Zhejiang Shuangyuan Technology Co's Capex-to-Operating-Income falls into.



Zhejiang Shuangyuan Technology Co Capex-to-Operating-Income Calculation

Zhejiang Shuangyuan Technology 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
=- (-87.317) / 128.494
=0.68

Zhejiang Shuangyuan Technology 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
=- (-23.919) / 18.902
=1.27

* 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.


Zhejiang Shuangyuan Technology Co  (SHSE:688623) 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.


Zhejiang Shuangyuan Technology Co Capex-to-Operating-Income Related Terms

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Zhejiang Shuangyuan Technology Co (SHSE:688623) Business Description

Traded in Other Exchanges
N/A
Address
No. 1418, Moganshan Road, Building 41-2, Zhejiang Shuangyuan Technology Building, Zhejiang Province, Hangzhou, CHN, 310015
Zhejiang Shuangyuan Technology Co Ltd is specialized in the research and development of online automatic measurement and control of product quality in the production process and machine vision application technology. The company mainly produces product quality automatic measurement and control systems and machine vision inspection systems, which are widely used in many industries such as new energy, metal foil materials, medical hygiene materials, films, non-woven fabric hygiene materials, papermaking, and food. worldwide.

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