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Hong Kong and China Gas Co (Hong Kong and China Gas Co) Capex-to-Operating-Income : 1.42 (As of Dec. 2023)


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What is Hong Kong and China Gas 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.

Hong Kong and China Gas Co's Capital Expenditure for the six months ended in Dec. 2023 was $-615.65 Mil. Its Operating Income for the six months ended in Dec. 2023 was $433.60 Mil.

Hence, Hong Kong and China Gas Co's Capex-to-Operating-Income for the six months ended in Dec. 2023 was 1.42.


Hong Kong and China Gas Co Capex-to-Operating-Income Historical Data

The historical data trend for Hong Kong and China Gas 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.

Hong Kong and China Gas Co Capex-to-Operating-Income Chart

Hong Kong and China Gas Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 0.92 1.15 1.00 1.04

Hong Kong and China Gas Co 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-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 1.81 0.72 1.32 0.76 1.42

Competitive Comparison of Hong Kong and China Gas Co's Capex-to-Operating-Income

For the Utilities - Regulated Gas subindustry, Hong Kong and China Gas 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.


Hong Kong and China Gas Co's Capex-to-Operating-Income Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hong Kong and China Gas Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Hong Kong and China Gas Co's Capex-to-Operating-Income falls into.



Hong Kong and China Gas Co Capex-to-Operating-Income Calculation

Hong Kong and China Gas Co's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-1079.106) / 1041.934
=1.04

Hong Kong and China Gas Co's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-615.65) / 433.596
=1.42

* 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.


Hong Kong and China Gas Co  (OTCPK:HOKCY) 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.


Hong Kong and China Gas Co Capex-to-Operating-Income Related Terms

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Hong Kong and China Gas Co (Hong Kong and China Gas Co) Business Description

Traded in Other Exchanges
Address
363 Java Road, 23rd Floor, North Point, Hong Kong, HKG
Hong Kong and China Gas Co Ltd, is the oldest public utility company in Hong Kong. The company's core business comprises the production and distribution of town gas in Hong Kong, with a monopoly on distribution and retail. In the mainland, the company has a gas distribution business with 267 projects across 26 provinces. HKCG is also investing in water, upstream gas, and new energies. The business mix is approximately 90% gas utilities and 10% new energy. HKCG also holds a 15.8% stake in International Financial Center, a Grade A office building in the Hong Kong central business district.

Hong Kong and China Gas Co (Hong Kong and China Gas Co) Headlines

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