Hongcheng Environmental Technology Co (HKSE:02265) Capex-to-Operating-Income : 3.90 (As of Dec. 2023)

Hongcheng Environmental Technology Co Capex-to-Operating-Income Chart

Hongcheng Environmental Technology Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Capex-to-Operating-Income	Get a 7-Day Free Trial				0.23	2.77	1.16	2.05	3.90

Competitive Comparison of Hongcheng Environmental Technology Co's Capex-to-Operating-Income

For the Waste Management subindustry, Hongcheng Environmental Technology Co's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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.

Hongcheng Environmental Technology Co's Capex-to-Operating-Income Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Hongcheng Environmental Technology Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Hongcheng Environmental Technology Co's Capex-to-Operating-Income falls into.

Hongcheng Environmental Technology Co Capex-to-Operating-Income Calculation

Hongcheng Environmental Technology Co's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Hongcheng Environmental Technology Co's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

* 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.

Hongcheng Environmental Technology Co  (HKSE:02265) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.

Hongcheng Environmental Technology Co Capex-to-Operating-Income Related Terms

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Hongcheng Environmental Technology Co (HKSE:02265) Business Description