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JY Gas (HKSE:01407) Capex-to-Operating-Cash-Flow : 0.47 (As of Dec. 2023)


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What is JY Gas 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.

JY Gas's Capital Expenditure for the six months ended in Dec. 2023 was HK$-17.03 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2023 was HK$36.13 Mil.

Hence, JY Gas's Capex-to-Operating-Cash-Flow for the six months ended in Dec. 2023 was 0.47.

JY Gas Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for JY Gas'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.

JY Gas Capex-to-Operating-Cash-Flow Chart

JY Gas Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
0.20 0.10 0.55 0.54 0.41

JY Gas Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial - 0.34 0.61 0.28 0.47

Competitive Comparison of JY Gas's Capex-to-Operating-Cash-Flow

For the Utilities - Regulated Gas subindustry, JY Gas'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.

JY Gas's Capex-to-Operating-Cash-Flow Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, JY Gas's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where JY Gas's Capex-to-Operating-Cash-Flow falls into.


JY Gas Capex-to-Operating-Cash-Flow Calculation

JY Gas'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
=- (-21.782) / 53.157
=0.41

JY Gas's Capex-to-Operating-Cash-Flow for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-17.026) / 36.133
=0.47

* 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.

JY Gas  (HKSE:01407) 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.

JY Gas Capex-to-Operating-Cash-Flow Related Terms

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JY Gas (HKSE:01407) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » JY Gas Ltd (HKSE:01407) » Definitions » Capex-to-Operating-Cash-Flow
Comparable Companies
HKSE:00681 HKSE:01265 HKSE:01940 HKSE:09908 HKSE:06661 XMAD:NTGY ASX:APA ATO MIL:SRG HKSE:00003 NI TSE:9531 BOM:532155 HKSE:02688 TSE:9532 BOM:542066 XKLS:6033 HKSE:01193 NFE HKSE:00384
Traded in Other Exchanges
N/A
Address
No. 2568 Shi’an Road (West), 3rd Floor, Jiaoyun Group Building, Gaomi City, Weifang Municipality, Shandong Provinc, Weifang, CHN
Website
http://www.gmjytrq.com
JY Gas Ltd is a natural gas operator in Gaomi City, Weifang Municipality of Shandong Province. The company derives revenue from the sale of natural gas. Natural gas which it sells includes pipeline natural gas, compressed natural gas and liquefied natural gas. The sale of pipelined natural gas is its principal business.
Executives
Luan Xiaolong 2201 Interest of corporation controlled by you
Zhou Zhan 2202 Interest of your spouse
Lxl Phoenix Limited 2101 Beneficial owner
Cui Shuhua 2202 Interest of your spouse
Llj Phoenix Limited 2101 Beneficial owner
Luan Linjiang 2201 Interest of corporation controlled by you
Sdjy Holding Limited 2201 Interest of corporation controlled by you
Segm Holding Limited 2101 Beneficial owner

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