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Able Engineering Holdings (HKSE:01627) Capex-to-Operating-Income

: 0.62 (As of Sep. 2023)
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Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Able Engineering Holdings's Capital Expenditure for the six months ended in Sep. 2023 was HK$-45.15 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$72.57 Mil.

Hence, Able Engineering Holdings's Capex-to-Operating-Income for the six months ended in Sep. 2023 was 0.62.


Able Engineering Holdings Capex-to-Operating-Income Historical Data

The historical data trend for Able Engineering Holdings'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.

Able Engineering Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.88 0.05 5.68 0.35 0.83

Able Engineering Holdings Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 2.18 0.04 1.05 0.74 0.62

Competitive Comparison

For the Engineering & Construction subindustry, Able Engineering Holdings'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.


Able Engineering Holdings Capex-to-Operating-Income Distribution

For the Construction industry and Industrials sector, Able Engineering Holdings's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Able Engineering Holdings's Capex-to-Operating-Income falls into.



Able Engineering Holdings Capex-to-Operating-Income Calculation

Able Engineering Holdings's Capex-to-Operating-Income for the fiscal year that ended in Mar. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-193.859) / 235.017
=0.82

Able Engineering Holdings's Capex-to-Operating-Income for the quarter that ended in Sep. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-45.146) / 72.565
=0.62

* 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.


Able Engineering Holdings  (HKSE:01627) 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.


Able Engineering Holdings Capex-to-Operating-Income Related Terms

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Able Engineering Holdings (HKSE:01627) Business Description

Traded in Other Exchanges
N/A
Address
No. 155 Waterloo Road, Kowloon Tong, Kowloon, Hong Kong, HKG
Able Engineering Holdings Ltd is engaged in building construction and repair, maintenance, alteration, and addition (RMAA) . The company is engaged in the construction and renovation of residential buildings, the design and construction of government facilities, skeleton fabrication, school reconstruction, public rental housing construction, and public housing construction. The company's projects include Project A9 in Kowloon City, project A10 in Tai Lam, project A11 in Ho Man Tin, project A12 in Repulse Bay, and others. Geographically, it derives revenue from Hong Kong.

Able Engineering Holdings (HKSE:01627) Headlines

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