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Ningbo Cixing Co (SZSE:300307) Capex-to-Operating-Income : 0.40 (As of Sep. 2024)


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What is Ningbo Cixing 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.

Ningbo Cixing Co's Capital Expenditure for the three months ended in Sep. 2024 was ¥-18.41 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥46.00 Mil.

Hence, Ningbo Cixing Co's Capex-to-Operating-Income for the three months ended in Sep. 2024 was 0.40.


Ningbo Cixing Co Capex-to-Operating-Income Historical Data

The historical data trend for Ningbo Cixing 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.

Ningbo Cixing Co Capex-to-Operating-Income Chart

Ningbo Cixing 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 - - 0.58 0.72 0.26

Ningbo Cixing Co 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 0.16 - 0.10 0.22 0.40

Competitive Comparison of Ningbo Cixing Co's Capex-to-Operating-Income

For the Specialty Industrial Machinery subindustry, Ningbo Cixing 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.


Ningbo Cixing Co's Capex-to-Operating-Income Distribution in the Industrial Products Industry

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

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



Ningbo Cixing Co Capex-to-Operating-Income Calculation

Ningbo Cixing 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
=- (-31.316) / 118.443
=0.26

Ningbo Cixing 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
=- (-18.411) / 45.998
=0.40

* 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.


Ningbo Cixing Co  (SZSE:300307) 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.


Ningbo Cixing Co Capex-to-Operating-Income Related Terms

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Ningbo Cixing Co Business Description

Traded in Other Exchanges
N/A
Address
West Weisan Road, Andong Town Industrial Zone, Cixi, CHN, 315327
Ningbo Cixing Co Ltd is engaged in the research and development, manufacture and distribution of computerized knitting machines. The company's main products include computerized flat knitting machines, computerized seamless underwear circular knitting machines, stocking machine, and circular knitting machine.
Executives
Lu De Chun Executives
Liu Dao Cheng Executives
Hu Xue Qun Supervisors
Sun Ping Fan Directors, executives
Yang Xue Lan Securities Affairs Representative
Li Li Jun Directors, executives

Ningbo Cixing Co Headlines

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