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Huaqin Technology Co (SHSE:603296) Capex-to-Operating-Cash-Flow : 0.37 (As of Mar. 2024)


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What is Huaqin Technology Co Capex-to-Operating-Cash-Flow?

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

Huaqin Technology Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-366.65 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was ¥990.08 Mil.

Hence, Huaqin Technology Co's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2024 was 0.37.


Huaqin Technology Co Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Huaqin Technology Co's Capex-to-Operating-Cash-Flow 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.

Huaqin Technology Co Capex-to-Operating-Cash-Flow Chart

Huaqin Technology Co Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 0.88 1.45 0.92 0.38

Huaqin Technology Co Quarterly Data
Dec11 Mar12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Capex-to-Operating-Cash-Flow 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 0.45 0.41 - 0.20 0.37

Competitive Comparison of Huaqin Technology Co's Capex-to-Operating-Cash-Flow

For the Consumer Electronics subindustry, Huaqin Technology Co's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow 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.


Huaqin Technology Co's Capex-to-Operating-Cash-Flow Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Huaqin Technology Co's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Huaqin Technology Co's Capex-to-Operating-Cash-Flow falls into.



Huaqin Technology Co Capex-to-Operating-Cash-Flow Calculation

Huaqin Technology Co's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-1464.826) / 3849.78
=0.38

Huaqin Technology Co's Capex-to-Operating-Cash-Flow for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-366.65) / 990.083
=0.37

* 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.


Huaqin Technology Co  (SHSE:603296) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


Huaqin Technology Co Capex-to-Operating-Cash-Flow Related Terms

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Huaqin Technology Co (SHSE:603296) Business Description

Traded in Other Exchanges
N/A
Address
Building 1, No. 399 Keyuan Road, China (Shanghai) Pilot Free Trade Zone, Pudong New Area, Shanghai, CHN, 201203
Huaqin Technology Co Ltd is engaged in the research & development, design, manufacturing and operation of intelligent hardware products. The company provides global technology brand customers with end-to-end services at product level, system level, software and hardware research and development, and operation and manufacturing.
Executives
Wu Zhen Hai Directors, senior managers
Qiu Wen Sheng Directors, senior managers

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