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China Pipe Group (HKSE:00380) Capex-to-Operating-Cash-Flow

: 0.30 (As of Jun. 2023)
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Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

China Pipe Group's Capital Expenditure for the six months ended in Jun. 2023 was HK$-4.70 Mil. Its Cash Flow from Operations for the six months ended in Jun. 2023 was HK$15.52 Mil.

Hence, China Pipe Group's Capex-to-Operating-Cash-Flow for the six months ended in Jun. 2023 was 0.30.


China Pipe Group Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for China Pipe Group's Capex-to-Operating-Cash-Flow 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.

China Pipe Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.01 0.13 0.07 -

China Pipe Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Capex-to-Operating-Cash-Flow 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 Premium Member Only Premium Member Only Premium Member Only 0.02 0.08 0.04 0.30 -

Competitive Comparison

For the Home Improvement Retail subindustry, China Pipe Group's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow 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.


China Pipe Group Capex-to-Operating-Cash-Flow Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, China Pipe Group's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where China Pipe Group's Capex-to-Operating-Cash-Flow falls into.



China Pipe Group Capex-to-Operating-Cash-Flow Calculation

China Pipe Group's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2022 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-5.099) / 70.402
=0.07

China Pipe Group's Capex-to-Operating-Cash-Flow for the quarter that ended in Jun. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-4.704) / 15.519
=0.30

* 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.


China Pipe Group  (HKSE:00380) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


China Pipe Group Capex-to-Operating-Cash-Flow Related Terms

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China Pipe Group (HKSE:00380) Business Description

Traded in Other Exchanges
N/A
Address
193 Prince Edward Road West, Tower II, Unit 1010-1016, Level 10, Grand Century Place, Mongkok, Kowloon, Hong Kong, HKG
China Pipe Group Ltd is principally engaged in the trading of construction materials, mainly pipes, and fittings. It is engaged in the segment of Trading of pipes and fittings. It includes wholesale, retail, and logistics operations substantially in Hong Kong and Macau. The group derives revenue from Hong Kong, Macau, and Mainland China, of which prime revenue is derived from Hong Kong.

China Pipe Group (HKSE:00380) Headlines

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