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West China Cement (HKSE:02233) Capex-to-Operating-Cash-Flow : 1.06 (As of Dec. 2023)


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What is West China Cement 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.

West China Cement's Capital Expenditure for the six months ended in Dec. 2023 was HK$-1,842.18 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2023 was HK$1,731.93 Mil.

Hence, West China Cement's Capex-to-Operating-Cash-Flow for the six months ended in Dec. 2023 was 1.06.


West China Cement Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for West China Cement'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.

West China Cement Capex-to-Operating-Cash-Flow Chart

West China Cement Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 1.10 1.94 1.39 1.08

West China Cement Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.28 1.36 1.41 1.11 1.06

Competitive Comparison of West China Cement's Capex-to-Operating-Cash-Flow

For the Building Materials subindustry, West China Cement'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.


West China Cement's Capex-to-Operating-Cash-Flow Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, West China Cement's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where West China Cement's Capex-to-Operating-Cash-Flow falls into.



West China Cement Capex-to-Operating-Cash-Flow Calculation

West China Cement'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
=- (-3198.381) / 2953.357
=1.08

West China Cement'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
=- (-1842.175) / 1731.932
=1.06

* 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.


West China Cement  (HKSE:02233) 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.


West China Cement Capex-to-Operating-Cash-Flow Related Terms

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West China Cement (HKSE:02233) Business Description

Traded in Other Exchanges
Address
No. 336 4th Shenzhou Road, Yaobai R&D Training Center, Aerospace Industrial Base, Chang’an District, Xian, Shaanxi, CHN
West China Cement Ltd is a producer of cement and supplies its products to the infrastructure, urban, and rural construction markets in China. The primary use of West China's cement is in the construction of infrastructure projects such as highways, bridges, railways, roads, and residential buildings.
Executives
Conch International Holdings (hk) Limited 2101 Beneficial owner
Zhong Guo Hai Luo Chuang Ye Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
An Hui Hai Luo Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Wu Hu Hai Chuang Shi Ye You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
An Hui Hai Luo Shui Ni Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

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