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Tong Yang Industry Co (TPE:1319) Capex-to-Operating-Income : 0.53 (As of Mar. 2024)


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What is Tong Yang Industry 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.

Tong Yang Industry Co's Capital Expenditure for the three months ended in Mar. 2024 was NT$-641.72 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$1,215.32 Mil.

Hence, Tong Yang Industry Co's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.53.


Tong Yang Industry Co Capex-to-Operating-Income Historical Data

The historical data trend for Tong Yang Industry 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.

Tong Yang Industry Co Capex-to-Operating-Income Chart

Tong Yang Industry 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 1.85 4.98 4.53 1.25 0.79

Tong Yang Industry Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.79 0.77 0.61 0.96 0.53

Competitive Comparison of Tong Yang Industry Co's Capex-to-Operating-Income

For the Auto Parts subindustry, Tong Yang Industry 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.


Tong Yang Industry Co's Capex-to-Operating-Income Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tong Yang Industry Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Tong Yang Industry Co's Capex-to-Operating-Income falls into.



Tong Yang Industry Co Capex-to-Operating-Income Calculation

Tong Yang Industry 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
=- (-2998.343) / 3776.289
=0.79

Tong Yang Industry 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
=- (-641.716) / 1215.315
=0.53

* 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.


Tong Yang Industry Co  (TPE:1319) 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.


Tong Yang Industry Co Capex-to-Operating-Income Related Terms

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Tong Yang Industry Co (TPE:1319) Business Description

Traded in Other Exchanges
N/A
Address
Anhe Road, No. 98, Section 2, Tainan, TWN, 709
Tong Yang Industry Co Ltd is engaged in manufacture and sale of parts, components and models for automobile. The reportable segments of the company are as follows: 1) Assembly Market segment is responsible for the required automobile parts of the car market of production and sales group. 2) Maintenance Market segment is responsible for the production and sales of after-sales maintenance services market automobile parts.

Tong Yang Industry Co (TPE:1319) Headlines

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