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Hiecise Precision Equipment Co (SZSE:300809) Capex-to-Operating-Income : 0.39 (As of Sep. 2024)


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What is Hiecise Precision Equipment 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.

Hiecise Precision Equipment Co's Capital Expenditure for the three months ended in Sep. 2024 was ¥-2.43 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥6.15 Mil.

Hence, Hiecise Precision Equipment Co's Capex-to-Operating-Income for the three months ended in Sep. 2024 was 0.39.


Hiecise Precision Equipment Co Capex-to-Operating-Income Historical Data

The historical data trend for Hiecise Precision Equipment 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.

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Hiecise Precision Equipment Co Capex-to-Operating-Income Chart

Hiecise Precision Equipment Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only 0.28 0.25 0.32 1.19 1.56

Hiecise Precision Equipment 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 0.74 0.58 1.64 0.39

Competitive Comparison of Hiecise Precision Equipment Co's Capex-to-Operating-Income

For the Specialty Industrial Machinery subindustry, Hiecise Precision Equipment 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.


Hiecise Precision Equipment Co's Capex-to-Operating-Income Distribution in the Industrial Products Industry

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

* The bar in red indicates where Hiecise Precision Equipment Co's Capex-to-Operating-Income falls into.



Hiecise Precision Equipment Co Capex-to-Operating-Income Calculation

Hiecise Precision Equipment 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
=- (-152.516) / 97.812
=1.56

Hiecise Precision Equipment 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
=- (-2.425) / 6.152
=0.39

* 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.


Hiecise Precision Equipment Co  (SZSE:300809) 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.


Hiecise Precision Equipment Co Capex-to-Operating-Income Related Terms

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Hiecise Precision Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
No. 333 Hengchangyu Road, Zhoushi Town, Jiangsu Province, Kunshan, CHN, 215 337
Hiecise Precision Equipment Co Ltd is engaged in the development, production and sales of fully automatic CNC roll grinders. The company's fully automatic CNC roll grinders provide full-process services including technical research and development, product design, manufacturing, delivery, installation and maintenance services for customers diversified needs. Its products are delivered to various industries including steel, non-ferrous metal, roll and machinery, textile, and paper industry.
Executives
Zhao Ze Ming Directors, executives
Cao Yu Zhong Director
Xu Cai Ying Directors, Directors, and Executives
Liu Xu Chen Securities Affairs Representative

Hiecise Precision Equipment Co Headlines

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