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Qingdao Hanhe Cable Co (SZSE:002498) Capex-to-Operating-Income

: 0.12 (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.

Qingdao Hanhe Cable Co's Capital Expenditure for the three months ended in Sep. 2023 was ¥-41.37 Mil. Its Operating Income for the three months ended in Sep. 2023 was ¥358.73 Mil.

Hence, Qingdao Hanhe Cable Co's Capex-to-Operating-Income for the three months ended in Sep. 2023 was 0.12.


Qingdao Hanhe Cable Co Capex-to-Operating-Income Historical Data

The historical data trend for Qingdao Hanhe Cable 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.

Qingdao Hanhe Cable Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Capex-to-Operating-Income
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.19 0.36 0.59 0.45

Qingdao Hanhe Cable 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 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 Premium Member Only Premium Member Only Premium Member Only 0.38 1.03 0.15 0.11 0.12

Competitive Comparison

For the Electrical Equipment & Parts subindustry, Qingdao Hanhe Cable 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.


Qingdao Hanhe Cable Co Capex-to-Operating-Income Distribution

For the Industrial Products industry and Industrials sector, Qingdao Hanhe Cable Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Qingdao Hanhe Cable Co's Capex-to-Operating-Income falls into.



Qingdao Hanhe Cable Co Capex-to-Operating-Income Calculation

Qingdao Hanhe Cable 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
=- (-451.202) / 1000.289
=0.45

Qingdao Hanhe Cable 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
=- (-41.367) / 358.731
=0.12

* 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.


Qingdao Hanhe Cable Co  (SZSE:002498) 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.


Qingdao Hanhe Cable Co Capex-to-Operating-Income Related Terms

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Qingdao Hanhe Cable Co (SZSE:002498) Business Description

Traded in Other Exchanges
N/A
Address
No.6 Lishan(E) Industrial Park, Qingdao, Shandong, CHN, 266102
Qingdao Hanhe Cable Co Ltd is engaged in the research, development, and manufacture of wires and cables in China. The company offers power cables, cable accessories, submarine cables, optical power composite cables, electrical equipment wires and cables, overhead conductors, communication cables, radio-frequency cables, bus bar and prefabricated branch cables, nuclear plant cables, fire-resistant cables, and DC series cables.

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