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China Three Gorges Renewables (Group) Co (SHSE:600905) Capex-to-Operating-Income : 4.90 (As of Sep. 2023)


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What is China Three Gorges Renewables (Group) 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.

China Three Gorges Renewables (Group) Co's Capital Expenditure for the three months ended in Sep. 2023 was ¥-10,808.59 Mil. Its Operating Income for the three months ended in Sep. 2023 was ¥2,207.03 Mil.

Hence, China Three Gorges Renewables (Group) Co's Capex-to-Operating-Income for the three months ended in Sep. 2023 was 4.90.


China Three Gorges Renewables (Group) Co Capex-to-Operating-Income Historical Data

The historical data trend for China Three Gorges Renewables (Group) 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.

China Three Gorges Renewables (Group) Co Capex-to-Operating-Income Chart

China Three Gorges Renewables (Group) Co Annual Data
Trend Dec08 Dec09 Dec10 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.85 3.05 4.24 3.35 2.21

China Three Gorges Renewables (Group) Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only 2.74 3.75 1.61 1.72 4.90

Competitive Comparison of China Three Gorges Renewables (Group) Co's Capex-to-Operating-Income

For the Utilities - Renewable subindustry, China Three Gorges Renewables (Group) 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.


China Three Gorges Renewables (Group) Co's Capex-to-Operating-Income Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Three Gorges Renewables (Group) Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where China Three Gorges Renewables (Group) Co's Capex-to-Operating-Income falls into.



China Three Gorges Renewables (Group) Co Capex-to-Operating-Income Calculation

China Three Gorges Renewables (Group) Co's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2022 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-27730.508) / 12571.151
=2.21

China Three Gorges Renewables (Group) Co's Capex-to-Operating-Income for the quarter that ended in Sep. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-10808.589) / 2207.031
=4.90

* 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 Three Gorges Renewables (Group) Co  (SHSE:600905) 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.


China Three Gorges Renewables (Group) Co Capex-to-Operating-Income Related Terms

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China Three Gorges Renewables (Group) Co (SHSE:600905) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Gongyuan Street, Room 206-23, 2nd Floor, Building 1, Tongzhou District, Beijing, CHN, 101149
China Three Gorges Renewables, or CTGR, is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydro-electric power plants, and energy storage projects. CTGR has a total generation capacity of about 26.5 gigawatts as of the end of 2022. In particular, the firm is also one of the largest offshore wind farm operators in China, with 4.9 GW of installed capacity at the end of 2022, representing about 16% of China's total capacity. Parent company, China Three Gorges, a state-owned enterprise, owns approximately 52.4% of CTGR's issued shares as of the end of 2022.

China Three Gorges Renewables (Group) Co (SHSE:600905) Headlines

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