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Hefei Meyer Optoelectronic Technology (SZSE:002690) Capex-to-Operating-Income : -0.02 (As of Jun. 2024)


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What is Hefei Meyer Optoelectronic Technology 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.

Hefei Meyer Optoelectronic Technology's Capital Expenditure for the three months ended in Jun. 2024 was ¥3.87 Mil. Its Operating Income for the three months ended in Jun. 2024 was ¥184.46 Mil.

Hence, Hefei Meyer Optoelectronic Technology's Capex-to-Operating-Income for the three months ended in Jun. 2024 was -0.02.


Hefei Meyer Optoelectronic Technology Capex-to-Operating-Income Historical Data

The historical data trend for Hefei Meyer Optoelectronic Technology'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.

Hefei Meyer Optoelectronic Technology Capex-to-Operating-Income Chart

Hefei Meyer Optoelectronic Technology 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 0.16 0.19 0.18 0.10 0.04

Hefei Meyer Optoelectronic Technology Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.05 0.12 -0.02 0.11 -0.02

Competitive Comparison of Hefei Meyer Optoelectronic Technology's Capex-to-Operating-Income

For the Specialty Industrial Machinery subindustry, Hefei Meyer Optoelectronic Technology'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.


Hefei Meyer Optoelectronic Technology's Capex-to-Operating-Income Distribution in the Industrial Products Industry

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

* The bar in red indicates where Hefei Meyer Optoelectronic Technology's Capex-to-Operating-Income falls into.



Hefei Meyer Optoelectronic Technology Capex-to-Operating-Income Calculation

Hefei Meyer Optoelectronic Technology'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
=- (-33.66) / 790.616
=0.04

Hefei Meyer Optoelectronic Technology's Capex-to-Operating-Income for the quarter that ended in Jun. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (3.865) / 184.463
=-0.02

* 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.


Hefei Meyer Optoelectronic Technology  (SZSE:002690) 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.


Hefei Meyer Optoelectronic Technology Capex-to-Operating-Income Related Terms

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Hefei Meyer Optoelectronic Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 668 Wangjiang Road, Hefei Hi-tech Industrial Development Zone, Anhui Province, Hefei, CHN, 230088
Hefei Meyer Optoelectronic Technology Inc develops, manufactures and sells photoelectric detection and classification equipment. Its products include Color Sorter, X-ray inspection and others.
Executives
Hao Xian Jin Director
Tian Ming Director
Jiang Dong Executives
Zhang Jian Jun Executives
Ni Ying Jiu Executives
Xu Peng Directors, executives
Lin Mao Xian Directors, executives
Xiang Cheng Executives
Zhao Hui Fang Independent director
Han Li Ming Supervisors
Yu Neng Hong Director

Hefei Meyer Optoelectronic Technology Headlines

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