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SORL Auto Parts (SORL Auto Parts) Capex-to-Operating-Cash-Flow : 0.00 (As of Sep. 2019)


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What is SORL Auto Parts Capex-to-Operating-Cash-Flow?

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.

SORL Auto Parts's Capital Expenditure for the three months ended in Sep. 2019 was $-9.02 Mil. Its Cash Flow from Operations for the three months ended in Sep. 2019 was $-13.72 Mil.

GuruFocus do not calculate Capex-to-Operating-Cash-Flow if the Cash Flow from Operations is negative.


SORL Auto Parts Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for SORL Auto Parts'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.

SORL Auto Parts Capex-to-Operating-Cash-Flow Chart

SORL Auto Parts Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.08 2.93 1.63 0.35

SORL Auto Parts Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Capex-to-Operating-Cash-Flow 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 0.45 0.19 - - -

Competitive Comparison of SORL Auto Parts's Capex-to-Operating-Cash-Flow

For the Auto Parts subindustry, SORL Auto Parts'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.


SORL Auto Parts's Capex-to-Operating-Cash-Flow Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SORL Auto Parts's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where SORL Auto Parts's Capex-to-Operating-Cash-Flow falls into.



SORL Auto Parts Capex-to-Operating-Cash-Flow Calculation

SORL Auto Parts's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2018 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-55.602) / 161.16
=0.35

SORL Auto Parts's Capex-to-Operating-Cash-Flow for the quarter that ended in Sep. 2019 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-9.017) / -13.719
=N/A

* 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.


SORL Auto Parts  (NAS:SORL) 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.


SORL Auto Parts Capex-to-Operating-Cash-Flow Related Terms

Thank you for viewing the detailed overview of SORL Auto Parts's Capex-to-Operating-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


SORL Auto Parts (SORL Auto Parts) Business Description

Traded in Other Exchanges
N/A
Address
NO. 2666 KaiFaqu Avenue, Ruili Industry Area, Zhejiang Province, Ruian City, CHN, 325200
SORL Auto Parts Inc develops, manufactures and distributes automotive brake systems and other key safety-related auto parts to automotive original equipment manufacturers, and the related aftermarket both in China and internationally. The company is organized into two principal operating division: Commercial Vehicles Brake Systems and Passenger Vehicles Brake Systems. Its key products are air brake system, tubes and fittings, ABS and diagnosis, power steering pumps, electrical and railway parts, and new energy parts. The company's products are principally used in different types of commercial vehicles, such as trucks and buses. Most of the firm's revenue gets generated through Commercial Vehicles Brake Systems segment.
Executives
Kevin R Keating director, officer: President 190 LAKEVIEW WAY, VERO BEACH FL 32963