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Renheng Enterprise Holdings (HKSE:03628) Capex-to-Operating-Income : 0.01 (As of Dec. 2023)


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What is Renheng Enterprise Holdings Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Renheng Enterprise Holdings's Capital Expenditure for the six months ended in Dec. 2023 was HK$-0.19 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$15.50 Mil.

Hence, Renheng Enterprise Holdings's Capex-to-Operating-Income for the six months ended in Dec. 2023 was 0.01.


Renheng Enterprise Holdings Capex-to-Operating-Income Historical Data

The historical data trend for Renheng Enterprise Holdings's Capex-to-Operating-Income 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.

Renheng Enterprise Holdings Capex-to-Operating-Income Chart

Renheng Enterprise Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.66 0.63 - 0.03

Renheng Enterprise Holdings 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-Income 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 0.16 - 0.18 0.27 0.01

Competitive Comparison of Renheng Enterprise Holdings's Capex-to-Operating-Income

For the Specialty Industrial Machinery subindustry, Renheng Enterprise Holdings'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.


Renheng Enterprise Holdings's Capex-to-Operating-Income Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Renheng Enterprise Holdings's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Renheng Enterprise Holdings's Capex-to-Operating-Income falls into.



Renheng Enterprise Holdings Capex-to-Operating-Income Calculation

Renheng Enterprise Holdings's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-0.572) / 16.914
=0.03

Renheng Enterprise Holdings's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-0.191) / 15.498
=0.01

* 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.


Renheng Enterprise Holdings  (HKSE:03628) 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.


Renheng Enterprise Holdings Capex-to-Operating-Income Related Terms

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Renheng Enterprise Holdings (HKSE:03628) Business Description

Traded in Other Exchanges
N/A
Address
16 Harcourt Road, Room 3805, 38th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG
Renheng Enterprise Holdings Ltd is an investment holding company that is engaged in the manufacture and sale of tobacco machinery products in the PRC. The company mainly produces three types of catalogued special-purpose tobacco machinery products, namely casing and flavoring system, pneumatic feeding system and pre-pressing packing machine. It is also engaged in the provision of maintenance, overhaul and modification services in respect of tobacco machinery products. The sale of catalogued special-purpose tobacco machinery products contributes most of the firm's revenue. All of the group's revenue are derived in the PRC.

Renheng Enterprise Holdings (HKSE:03628) Headlines

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