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Fujian Minfa Aluminium (SZSE:002578) Capex-to-Operating-Income : 0.61 (As of Sep. 2024)


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What is Fujian Minfa Aluminium 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.

Fujian Minfa Aluminium's Capital Expenditure for the three months ended in Sep. 2024 was ¥-7.81 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥12.74 Mil.

Hence, Fujian Minfa Aluminium's Capex-to-Operating-Income for the three months ended in Sep. 2024 was 0.61.


Fujian Minfa Aluminium Capex-to-Operating-Income Historical Data

The historical data trend for Fujian Minfa Aluminium'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.

Fujian Minfa Aluminium Capex-to-Operating-Income Chart

Fujian Minfa Aluminium 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 0.65 0.82 0.26 0.51 2.32

Fujian Minfa Aluminium Quarterly Data
Dec19 Mar20 Jun20 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 1.26 7.42 - 0.63 0.61

Competitive Comparison of Fujian Minfa Aluminium's Capex-to-Operating-Income

For the Aluminum subindustry, Fujian Minfa Aluminium'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.


Fujian Minfa Aluminium's Capex-to-Operating-Income Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fujian Minfa Aluminium's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Fujian Minfa Aluminium's Capex-to-Operating-Income falls into.



Fujian Minfa Aluminium Capex-to-Operating-Income Calculation

Fujian Minfa Aluminium'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
=- (-83.552) / 36.017
=2.32

Fujian Minfa Aluminium's Capex-to-Operating-Income for the quarter that ended in Sep. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-7.812) / 12.742
=0.61

* 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.


Fujian Minfa Aluminium  (SZSE:002578) 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.


Fujian Minfa Aluminium Capex-to-Operating-Income Related Terms

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Fujian Minfa Aluminium Business Description

Traded in Other Exchanges
N/A
Address
No. 228, Lanxi Village, Dongtian Town, Fujian Province, Nanan, CHN, 362303
Fujian Minfa Aluminium Inc is Engaged in the design, development, production and sales of various aluminum profile products.
Executives
Huang Wen Le Executives
Huang Zhang Yuan Directors, executives
Huang Yin Dian Directors, executives
Zhou Jian Supervisors
Huang Song Lin Director
Huang Tian Huo Director

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