GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » China Tianying Inc (SZSE:000035) » Definitions » Capex-to-Operating-Income

China Tianying (SZSE:000035) Capex-to-Operating-Income : 2.04 (As of Sep. 2023)


View and export this data going back to 1994. Start your Free Trial

What is China Tianying 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 Tianying's Capital Expenditure for the three months ended in Sep. 2023 was ¥-569.17 Mil. Its Operating Income for the three months ended in Sep. 2023 was ¥278.71 Mil.

Hence, China Tianying's Capex-to-Operating-Income for the three months ended in Sep. 2023 was 2.04.


China Tianying Capex-to-Operating-Income Historical Data

The historical data trend for China Tianying'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 Tianying Capex-to-Operating-Income Chart

China Tianying Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 2.21 1.76 2.03 4.84

China Tianying 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 6.05 4.28 3.75 2.39 2.04

Competitive Comparison of China Tianying's Capex-to-Operating-Income

For the Waste Management subindustry, China Tianying'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 Tianying's Capex-to-Operating-Income Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, China Tianying's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where China Tianying's Capex-to-Operating-Income falls into.



China Tianying Capex-to-Operating-Income Calculation

China Tianying'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
=- (-3823.402) / 789.645
=4.84

China Tianying's Capex-to-Operating-Income for the quarter that ended in Sep. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-569.171) / 278.707
=2.04

* 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 Tianying  (SZSE:000035) 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 Tianying Capex-to-Operating-Income Related Terms

Thank you for viewing the detailed overview of China Tianying's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.


China Tianying (SZSE:000035) Business Description

Traded in Other Exchanges
N/A
Address
No.1535,Hongmei Road, Build 2,Xinglian TehBuilding, Xuhui District, Shanghai, CHN
China Tianying Inc is an environmental protection and new energy enterprise. The company is engaged in the investment, build, operation and maintenance of MSW incineration power generation and steam manufacture, sludge treatment, food waste treatment, hazardous waste treatment, construction waste treatment, wastewater treatment and others.

China Tianying (SZSE:000035) Headlines

No Headlines