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China Dongxiang (Group) Co (HKSE:03818) Capex-to-Operating-Cash-Flow : 0.15 (As of Sep. 2023)


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What is China Dongxiang (Group) 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.

China Dongxiang (Group) Co's Capital Expenditure for the six months ended in Sep. 2023 was HK$-24.53 Mil. Its Cash Flow from Operations for the six months ended in Sep. 2023 was HK$163.02 Mil.

Hence, China Dongxiang (Group) Co's Capex-to-Operating-Cash-Flow for the six months ended in Sep. 2023 was 0.15.


China Dongxiang (Group) Co Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for China Dongxiang (Group) 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.

China Dongxiang (Group) Co Capex-to-Operating-Cash-Flow Chart

China Dongxiang (Group) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Mar19 Mar20 Mar21 Mar22 Mar23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.06 - 0.70

China Dongxiang (Group) Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - 1.85 0.38 0.15

Competitive Comparison of China Dongxiang (Group) Co's Capex-to-Operating-Cash-Flow

For the Apparel Manufacturing subindustry, China Dongxiang (Group) 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.


China Dongxiang (Group) Co's Capex-to-Operating-Cash-Flow Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Dongxiang (Group) Co's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where China Dongxiang (Group) Co's Capex-to-Operating-Cash-Flow falls into.



China Dongxiang (Group) Co Capex-to-Operating-Cash-Flow Calculation

China Dongxiang (Group) Co's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Mar. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-81.243) / 115.723
=0.70

China Dongxiang (Group) Co's Capex-to-Operating-Cash-Flow for the quarter that ended in Sep. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-24.533) / 163.023
=0.15

* 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.


China Dongxiang (Group) Co  (HKSE:03818) 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.


China Dongxiang (Group) Co Capex-to-Operating-Cash-Flow Related Terms

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China Dongxiang (Group) Co (HKSE:03818) Business Description

Traded in Other Exchanges
Address
Building 21, No. 2 Jingyuanbei Street, Beijing Economic-Technological Development Area, Beijing, CHN, 100176
China Dongxiang (Group) Co Ltd manufactures sports apparel and footwear. Its main brand is Kappa, which it sells in China. The company's primary sales channel is wholesale to distributors. The company also sells directly to consumers through more than 1,000 company-operated retail stores and outlets in China and through its e-commerce channel. It has two segments China Apparel and Investment. Sales in China account for most of the total company's revenue.
Executives
Harvest Luck Development Limited 2201 Interest of corporation controlled by you
Poseidon Sports Limited 2201 Interest of corporation controlled by you
Chen Yihong 2201 Interest of corporation controlled by you
China Dongxiang (group) Co. Ltd. 2201 Interest of corporation controlled by you
Gaea Sports Limited 2106 Person having a security interest in shares
Billion Giant Development Limited 2201 Interest of corporation controlled by you

China Dongxiang (Group) Co (HKSE:03818) Headlines

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