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J-Long Group (J-Long Group) Capex-to-Operating-Cash-Flow : 0.03 (As of Mar. 2023)


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What is J-Long Group 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.

J-Long Group's Capital Expenditure for the six months ended in Mar. 2023 was $-0.05 Mil. Its Cash Flow from Operations for the six months ended in Mar. 2023 was $1.96 Mil.

Hence, J-Long Group's Capex-to-Operating-Cash-Flow for the six months ended in Mar. 2023 was 0.03.


J-Long Group Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for J-Long Group'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.

J-Long Group Capex-to-Operating-Cash-Flow Chart

J-Long Group Annual Data
Trend Mar21 Mar22 Mar23
Capex-to-Operating-Cash-Flow
0.01 0.02 0.03

J-Long Group Semi-Annual Data
Mar21 Mar22 Mar23
Capex-to-Operating-Cash-Flow 0.01 0.02 0.03

Competitive Comparison of J-Long Group's Capex-to-Operating-Cash-Flow

For the Apparel Manufacturing subindustry, J-Long Group'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.


J-Long Group's Capex-to-Operating-Cash-Flow Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where J-Long Group's Capex-to-Operating-Cash-Flow falls into.



J-Long Group Capex-to-Operating-Cash-Flow Calculation

J-Long Group'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
=- (-0.05) / 1.958
=0.03

J-Long Group's Capex-to-Operating-Cash-Flow for the quarter that ended in Mar. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-0.05) / 1.958
=0.03

* 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.


J-Long Group  (NAS:JL) 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.


J-Long Group Capex-to-Operating-Cash-Flow Related Terms

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J-Long Group (J-Long Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
32-40 Wang Lung Street, Flat F, 8th Floor, Houston Industrial Building, Tsuen Wan New Territories, Hong Kong, HKG
J-Long Group Ltd is an established distributor in Hong Kong of reflective and non-reflective garment trims including, among others, heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers and drawcords. It also offers a wide range of apparel solution services to cater to its customers' needs for reflective and non-reflective garment trims, ranging from market trend analysis, product design and development and production to quality control.

J-Long Group (J-Long Group) Headlines