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Xinjiang Daqo New Energy Co (SHSE:688303) Capex-to-Operating-Income : 1.40 (As of Mar. 2024)


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What is Xinjiang Daqo New Energy 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.

Xinjiang Daqo New Energy Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-548.31 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥391.98 Mil.

Hence, Xinjiang Daqo New Energy Co's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 1.40.


Xinjiang Daqo New Energy Co Capex-to-Operating-Income Historical Data

The historical data trend for Xinjiang Daqo New Energy 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.

Xinjiang Daqo New Energy Co Capex-to-Operating-Income Chart

Xinjiang Daqo New Energy Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial 2.42 0.31 0.28 0.38 0.79

Xinjiang Daqo New Energy Co Quarterly Data
Dec17 Dec18 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 0.52 0.69 3.77 -0.59 1.40

Competitive Comparison of Xinjiang Daqo New Energy Co's Capex-to-Operating-Income

For the Specialty Industrial Machinery subindustry, Xinjiang Daqo New Energy 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.


Xinjiang Daqo New Energy Co's Capex-to-Operating-Income Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xinjiang Daqo New Energy Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Xinjiang Daqo New Energy Co's Capex-to-Operating-Income falls into.



Xinjiang Daqo New Energy Co Capex-to-Operating-Income Calculation

Xinjiang Daqo New Energy 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
=- (-5219.244) / 6603.962
=0.79

Xinjiang Daqo New Energy 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
=- (-548.308) / 391.982
=1.40

* 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.


Xinjiang Daqo New Energy Co  (SHSE:688303) 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.


Xinjiang Daqo New Energy Co Capex-to-Operating-Income Related Terms

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Xinjiang Daqo New Energy Co (SHSE:688303) Business Description

Traded in Other Exchanges
N/A
Address
No. 16, Weiliu Road, New Chemical Material Industrial Park, Shihezi Economic Development Zone, Uygur Autonomous Region, Xinjiang, CHN, 832000
Xinjiang Daqo New Energy Co Ltd research and development, manufacturing, and sales of high-purity polysilicon.

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