Jin Medical International (Jin Medical International) Capex-to-Operating-Income : 0.09 (As of Sep. 2023)

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What is Jin Medical International 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.

Jin Medical International's Capital Expenditure for the six months ended in Sep. 2023 was $-0.10 Mil. Its Operating Income for the six months ended in Sep. 2023 was $1.10 Mil.

Hence, Jin Medical International's Capex-to-Operating-Income for the six months ended in Sep. 2023 was 0.09.

Jin Medical International Capex-to-Operating-Income Historical Data

The historical data trend for Jin Medical International'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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Jin Medical International Capex-to-Operating-Income Chart

Jin Medical International Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Capex-to-Operating-Income

0.06

0.02

0.04

Jin Medical International Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Capex-to-Operating-Income	Get a 7-Day Free Trial			0.03	0.01	0.02	0.01	0.09

Competitive Comparison of Jin Medical International's Capex-to-Operating-Income

For the Medical Instruments & Supplies subindustry, Jin Medical International'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.

Jin Medical International's Capex-to-Operating-Income Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Jin Medical International's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Jin Medical International's Capex-to-Operating-Income falls into.

Jin Medical International Capex-to-Operating-Income Calculation

Jin Medical International's Capex-to-Operating-Income for the fiscal year that ended in Sep. 2023 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-0.114)	/	2.867
	=	0.04

Jin Medical International's Capex-to-Operating-Income for the quarter that ended in Sep. 2023 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-0.103)	/	1.096
	=	0.09

Jin Medical International (NAS:ZJYL) 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.

Jin Medical International Capex-to-Operating-Income Related Terms

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Jin Medical International (Jin Medical International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Jin Medical International Ltd (NAS:ZJYL) » Definitions » Capex-to-Operating-Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 33 Lingxiang Road,, Wujin District, Jiangsu Province, Changzhou City, CHN, KY1-1205

Website

Jin Medical International Ltd offers rehabilitation equipment. It is primarily engaged in the design, development, manufacturing, and sales of wheelchair and other living aids products to be used by people with disabilities or impaired mobility. The Company's products are sold to distributors in both China and in overseas markets. Its product offerings comprise Wheelechaire serirs, Bath products, oxygen machines, nursing products, and conlo products.