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Anhui Gujing Distillery Co (SZSE:000596) Capex-to-Operating-Income : 0.26 (As of Mar. 2024)


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What is Anhui Gujing Distillery 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.

Anhui Gujing Distillery Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-718.14 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥2,762.50 Mil.

Hence, Anhui Gujing Distillery Co's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.26.


Anhui Gujing Distillery Co Capex-to-Operating-Income Historical Data

The historical data trend for Anhui Gujing Distillery 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.

Anhui Gujing Distillery Co Capex-to-Operating-Income Chart

Anhui Gujing Distillery 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 0.16 0.26 0.20 0.37 0.39

Anhui Gujing Distillery 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 0.27 0.30 0.48 0.65 0.26

Competitive Comparison of Anhui Gujing Distillery Co's Capex-to-Operating-Income

For the Beverages - Wineries & Distilleries subindustry, Anhui Gujing Distillery 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.


Anhui Gujing Distillery Co's Capex-to-Operating-Income Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anhui Gujing Distillery Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Anhui Gujing Distillery Co's Capex-to-Operating-Income falls into.



Anhui Gujing Distillery Co Capex-to-Operating-Income Calculation

Anhui Gujing Distillery 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
=- (-2381.038) / 6136.761
=0.39

Anhui Gujing Distillery 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
=- (-718.14) / 2762.502
=0.26

* 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.


Anhui Gujing Distillery Co  (SZSE:000596) 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.


Anhui Gujing Distillery Co Capex-to-Operating-Income Related Terms

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Anhui Gujing Distillery Co (SZSE:000596) Business Description

Traded in Other Exchanges
Address
Gujing Town, Anhui Province, Bozhou, CHN, 236820
Anhui Gujing is one of the eight most famous baijiu brands in China and the largest baijiu distiller in Anhui province by sales in 2022. The company produces rich-flavored baijiu, with a colorful brand story tracing back 1,800 years to the Three Kingdoms period. Gujing is one of the leading players in the midrange to high-end market and enjoys high retail prices and profit margins, with its flagship Gujing Year Puree series contributing 70%-75% of total sales. The State-Owned Assets Supervision and Administration Commission of Bozhou controls 28% of Gujing.

Anhui Gujing Distillery Co (SZSE:000596) Headlines

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