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Zhejiang Red Dragonfly Footwear Co (SHSE:603116) Capex-to-Operating-Income : 0.95 (As of Mar. 2024)


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What is Zhejiang Red Dragonfly Footwear 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.

Zhejiang Red Dragonfly Footwear Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-15.11 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥15.97 Mil.

Hence, Zhejiang Red Dragonfly Footwear Co's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.95.


Zhejiang Red Dragonfly Footwear Co Capex-to-Operating-Income Historical Data

The historical data trend for Zhejiang Red Dragonfly Footwear 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.

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Zhejiang Red Dragonfly Footwear Co Capex-to-Operating-Income Chart

Zhejiang Red Dragonfly Footwear 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 0.47 0.25 0.61 - 1.04

Zhejiang Red Dragonfly Footwear 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 0.80 0.37 1.32 7.67 0.95

Competitive Comparison of Zhejiang Red Dragonfly Footwear Co's Capex-to-Operating-Income

For the Footwear & Accessories subindustry, Zhejiang Red Dragonfly Footwear 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.


Zhejiang Red Dragonfly Footwear Co's Capex-to-Operating-Income Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Red Dragonfly Footwear Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Zhejiang Red Dragonfly Footwear Co's Capex-to-Operating-Income falls into.



Zhejiang Red Dragonfly Footwear Co Capex-to-Operating-Income Calculation

Zhejiang Red Dragonfly Footwear 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
=- (-75.411) / 72.336
=1.04

Zhejiang Red Dragonfly Footwear 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
=- (-15.108) / 15.965
=0.95

* 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.


Zhejiang Red Dragonfly Footwear Co  (SHSE:603116) 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.


Zhejiang Red Dragonfly Footwear Co Capex-to-Operating-Income Related Terms

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Zhejiang Red Dragonfly Footwear Co (SHSE:603116) Business Description

Traded in Other Exchanges
N/A
Address
Wangjiatun Road, Dongpu Industrial Zone, Yubei Town, Yongjia County, Zhejiang, Wenzhou, CHN, 325102
Zhejiang Red Dragonfly Footwear Co Ltd is engaged in research and development, production and sale of Red Dragonfly brand shoes and leather goods, clothing and other industry. The company main products include men's and women's shoes, children's shoes and apparels, leather belts, wallets, and leather handbags, among others.
Executives
Qian Jin Bo Director
Wang Jian Bin Director
Zhang Shao Bin Directors, senior managers
Xue Xia senior management
Fang Xuan Ping Director
Chen Ming Hai Director
Xu Zhi Hong senior management
Jin Yin Kuan Director
Dong Zhong Wu senior management
Xu Wei senior management
Qian Xiu Fen senior management
Chen Man Cang Supervisors

Zhejiang Red Dragonfly Footwear Co (SHSE:603116) Headlines

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