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Tex Year Industries Co (TPE:4720) Capex-to-Operating-Income : 0.11 (As of Mar. 2024)


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What is Tex Year Industries 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.

Tex Year Industries Co's Capital Expenditure for the three months ended in Mar. 2024 was NT$-5.87 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$52.66 Mil.

Hence, Tex Year Industries Co's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.11.


Tex Year Industries Co Capex-to-Operating-Income Historical Data

The historical data trend for Tex Year Industries 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.

Tex Year Industries Co Capex-to-Operating-Income Chart

Tex Year Industries Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.73 16.44 3.69 0.48 2.07

Tex Year Industries Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 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 1.24 0.77 2.48 0.51 0.11

Competitive Comparison of Tex Year Industries Co's Capex-to-Operating-Income

For the Specialty Chemicals subindustry, Tex Year Industries 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.


Tex Year Industries Co's Capex-to-Operating-Income Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tex Year Industries Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Tex Year Industries Co's Capex-to-Operating-Income falls into.



Tex Year Industries Co Capex-to-Operating-Income Calculation

Tex Year Industries Co's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2021 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-142.251) / 68.634
=2.07

Tex Year Industries 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
=- (-5.866) / 52.657
=0.11

* 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.


Tex Year Industries Co  (TPE:4720) 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.


Tex Year Industries Co Capex-to-Operating-Income Related Terms

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Tex Year Industries Co (TPE:4720) Business Description

Traded in Other Exchanges
N/A
Address
No.9, Wuquan 6th Road, Wugu District, New Taipei, TWN, 248
Tex Year Industries Co Ltd is the company whose main business items are the manufacturing and trading of glues, adhesives, hot-melt glues, and medical equipment. The company's product pipeline includes hot melt adhesives, dental supplies, visible light curing glue, Infection control, vibration equipment, and others. The company's geographical reporting segments are Taiwan, Asia, Europe, America, and others.

Tex Year Industries Co (TPE:4720) Headlines

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