GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » BYD Co Ltd (SZSE:002594) » Definitions » Capex-to-Operating-Income

BYD Co (SZSE:002594) Capex-to-Operating-Income : 1.76 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is BYD 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.

BYD Co's Capital Expenditure for the three months ended in Dec. 2023 was ¥-21,126.76 Mil. Its Operating Income for the three months ended in Dec. 2023 was ¥11,986.06 Mil.

Hence, BYD Co's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 1.76.


BYD Co Capex-to-Operating-Income Historical Data

The historical data trend for BYD 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.

BYD Co Capex-to-Operating-Income Chart

BYD 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 3.01 0.90 4.92 4.24 3.18

BYD Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 3.20 5.72 4.34 2.69 1.76

Competitive Comparison of BYD Co's Capex-to-Operating-Income

For the Auto Manufacturers subindustry, BYD 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.


BYD Co's Capex-to-Operating-Income Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BYD Co's Capex-to-Operating-Income distribution charts can be found below:

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



BYD Co Capex-to-Operating-Income Calculation

BYD 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
=- (-122093.509) / 38412.787
=3.18

BYD 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
=- (-21126.755) / 11986.056
=1.76

* 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.


BYD Co  (SZSE:002594) 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.


BYD Co Capex-to-Operating-Income Related Terms

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


BYD Co (SZSE:002594) Business Description

Address
No. 3009, BYD Road, Pingshan, Guangdong Province, Shenzhen, CHN, 518118
Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold more than 1.8 million passenger NEVs in 2022, accounting for about 28% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.

BYD Co (SZSE:002594) Headlines

No Headlines