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Zhongman Petroleum And Natural Gas Group (SHSE:603619) Capex-to-Operating-Income : 1.08 (As of Mar. 2024)


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What is Zhongman Petroleum And Natural Gas Group 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.

Zhongman Petroleum And Natural Gas Group's Capital Expenditure for the three months ended in Mar. 2024 was ¥-289.69 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥269.49 Mil.

Hence, Zhongman Petroleum And Natural Gas Group's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 1.08.


Zhongman Petroleum And Natural Gas Group Capex-to-Operating-Income Historical Data

The historical data trend for Zhongman Petroleum And Natural Gas Group'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.

Zhongman Petroleum And Natural Gas Group Capex-to-Operating-Income Chart

Zhongman Petroleum And Natural Gas Group 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 2.61 - 2.06 1.05 1.05

Zhongman Petroleum And Natural Gas Group 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 0.62 0.45 0.48 5.02 1.08

Competitive Comparison of Zhongman Petroleum And Natural Gas Group's Capex-to-Operating-Income

For the Oil & Gas Equipment & Services subindustry, Zhongman Petroleum And Natural Gas Group'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.


Zhongman Petroleum And Natural Gas Group's Capex-to-Operating-Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Zhongman Petroleum And Natural Gas Group's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Zhongman Petroleum And Natural Gas Group's Capex-to-Operating-Income falls into.



Zhongman Petroleum And Natural Gas Group Capex-to-Operating-Income Calculation

Zhongman Petroleum And Natural Gas Group'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
=- (-1252.154) / 1189.348
=1.05

Zhongman Petroleum And Natural Gas Group's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-289.686) / 269.487
=1.07

* 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.


Zhongman Petroleum And Natural Gas Group  (SHSE:603619) 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.


Zhongman Petroleum And Natural Gas Group Capex-to-Operating-Income Related Terms

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Zhongman Petroleum And Natural Gas Group (SHSE:603619) Business Description

Traded in Other Exchanges
N/A
Address
No. 3998 Jiangshan Road, Pudong New Area, Shanghai, CHN
Zhongman Petroleum And Natural Gas Group Corp Ltd is a drilling engineering contractor and manufacturer of petroleum drilling equipment. It is also engaged in oil and gas exploration, geological engineering, installation of CNG/LNG Vehicle Fueling Stations and international trade.
Executives
Li Pei Lian Director
Zhu Yong Zhen Supervisors

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