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Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) Capex-to-Operating-Income : 0.99 (As of Mar. 2024)


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What is Changzhou Xingyu Automotive Lighting Systems Co 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.

Changzhou Xingyu Automotive Lighting Systems Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-254.95 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥257.29 Mil.

Hence, Changzhou Xingyu Automotive Lighting Systems Co's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.99.


Changzhou Xingyu Automotive Lighting Systems Co Capex-to-Operating-Income Historical Data

The historical data trend for Changzhou Xingyu Automotive Lighting Systems Co'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.

Changzhou Xingyu Automotive Lighting Systems Co Capex-to-Operating-Income Chart

Changzhou Xingyu Automotive Lighting Systems Co 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 0.88 0.60 1.21 0.96 0.84

Changzhou Xingyu Automotive Lighting Systems Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.29 1.14 0.52 0.62 0.99

Competitive Comparison of Changzhou Xingyu Automotive Lighting Systems Co's Capex-to-Operating-Income

For the Auto Parts subindustry, Changzhou Xingyu Automotive Lighting Systems 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.


Changzhou Xingyu Automotive Lighting Systems Co's Capex-to-Operating-Income Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Changzhou Xingyu Automotive Lighting Systems Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Changzhou Xingyu Automotive Lighting Systems Co's Capex-to-Operating-Income falls into.



Changzhou Xingyu Automotive Lighting Systems Co Capex-to-Operating-Income Calculation

Changzhou Xingyu Automotive Lighting Systems Co'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
=- (-1040.634) / 1243.595
=0.84

Changzhou Xingyu Automotive Lighting Systems Co's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-254.949) / 257.294
=0.99

* 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.


Changzhou Xingyu Automotive Lighting Systems Co  (SHSE:601799) 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.


Changzhou Xingyu Automotive Lighting Systems Co Capex-to-Operating-Income Related Terms

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Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) Business Description

Traded in Other Exchanges
N/A
Address
No. 182 Qinling Road, Xinbei District, Jiangsu, Changzhou, CHN, 213022
Changzhou Xingyu Automotive Lighting Systems Co Ltd specializes in the development, manufacturing, and sale of automotive lighting in China. The company has various type of equipment namely large injection molding machines, multicolor injection molding machines, plastic surface photo-curing lines, robot gluing and paining stations, vibration, and friction welding machines, vacuum aluminum plating machines and other.
Executives
Yu Zhi Ming Director
Xu Hui Yi senior management
Zhou Xiao Ping Director
Liu Ling Ling Director
Huang He Fa Director
Zhang Rong Qian Director

Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) Headlines

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