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Tonking New Energy Group Holdings (HKSE:08326) Capex-to-Operating-Income : 0.00 (As of Sep. 2023)


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What is Tonking New Energy Group 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.

Tonking New Energy Group Holdings's Capital Expenditure for the three months ended in Sep. 2023 was HK$0.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was HK$-2.33 Mil.

GuruFocus do not calculate Capex-to-Operating-Income if the Operating Income is negative.


Tonking New Energy Group Holdings Capex-to-Operating-Income Historical Data

The historical data trend for Tonking New Energy Group 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.

Tonking New Energy Group Holdings Capex-to-Operating-Income Chart

Tonking New Energy Group Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.02 - 0.66 0.03

Tonking New Energy Group Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - - -

Competitive Comparison of Tonking New Energy Group Holdings's Capex-to-Operating-Income

For the Utilities - Renewable subindustry, Tonking New Energy Group 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.


Tonking New Energy Group Holdings's Capex-to-Operating-Income Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tonking New Energy Group Holdings's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Tonking New Energy Group Holdings's Capex-to-Operating-Income falls into.



Tonking New Energy Group Holdings Capex-to-Operating-Income Calculation

Tonking New Energy Group Holdings's Capex-to-Operating-Income for the fiscal year that ended in Mar. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-1.147) / 40.44
=0.03

Tonking New Energy Group Holdings's Capex-to-Operating-Income for the quarter that ended in Sep. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (0) / -2.334
=N/A

* 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.


Tonking New Energy Group Holdings  (HKSE:08326) 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.


Tonking New Energy Group Holdings Capex-to-Operating-Income Related Terms

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Tonking New Energy Group Holdings (HKSE:08326) Business Description

Traded in Other Exchanges
N/A
Address
67 Mody Road, Room 701, 7th Floor, Peninsula Centre, Tsimshatsui, Kowloon, Hong Kong, HKG
Tonking New Energy Group Holdings Ltd is an investment holding company. The Company's principal activity is the renewable energy business in the People's Republic of China. Its operating segments includes Sales of the patented photovoltaic tracking mounting bracket systems; Provision of one-stop value added solution for photovoltaic power stations and Sales of electricity. The company generates maximum revenue from the Sales of the patented photovoltaic tracking mounting bracket systems segment. The business of the group is primarily operated through Hong Kong and China of which China accounts for a larger share of the revenue.
Executives
Wu Jiannong 2201 Interest of corporation controlled by you
Rise Triumph Limited 2101 Beneficial owner
Xu Jun 2101 Beneficial owner
Victory Stand International Limited 2101 Beneficial owner
Wu Kai Char 2201 Interest of corporation controlled by you

Tonking New Energy Group Holdings (HKSE:08326) Headlines

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