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Zibo Qixiang Tengda Chemical Co (SZSE:002408) Capex-to-Operating-Income : 8.76 (As of Mar. 2024)


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What is Zibo Qixiang Tengda Chemical 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.

Zibo Qixiang Tengda Chemical Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-511.33 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥58.39 Mil.

Hence, Zibo Qixiang Tengda Chemical Co's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 8.76.


Zibo Qixiang Tengda Chemical Co Capex-to-Operating-Income Historical Data

The historical data trend for Zibo Qixiang Tengda Chemical 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.

Zibo Qixiang Tengda Chemical Co Capex-to-Operating-Income Chart

Zibo Qixiang Tengda Chemical 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 1.02 1.42 1.81 3.68 4.50

Zibo Qixiang Tengda Chemical 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 - 3.15 6.25 -2.84 8.76

Competitive Comparison of Zibo Qixiang Tengda Chemical Co's Capex-to-Operating-Income

For the Specialty Chemicals subindustry, Zibo Qixiang Tengda Chemical 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.


Zibo Qixiang Tengda Chemical Co's Capex-to-Operating-Income Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zibo Qixiang Tengda Chemical Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Zibo Qixiang Tengda Chemical Co's Capex-to-Operating-Income falls into.



Zibo Qixiang Tengda Chemical Co Capex-to-Operating-Income Calculation

Zibo Qixiang Tengda Chemical 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
=- (-2312.704) / 513.485
=4.50

Zibo Qixiang Tengda Chemical 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
=- (-511.334) / 58.393
=8.76

* 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.


Zibo Qixiang Tengda Chemical Co  (SZSE:002408) 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.


Zibo Qixiang Tengda Chemical Co Capex-to-Operating-Income Related Terms

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Zibo Qixiang Tengda Chemical Co (SZSE:002408) Business Description

Traded in Other Exchanges
N/A
Address
Shandong Province Rubber Factory Road on the 1st, Linzi District, Zibo, CHN, 255438
Zibo Qixiang Tengda Chemical Co Ltd is a China-based company dealing in methyl ethyl ketone, isobutylene, maleic anhydride, disproportioated, butadiene, and carboxyl styrene butadiene latex.
Executives
Che Cheng Ju Directors, executives
Yin Wei Ling Executives
Zhang Jun Secretary Dong
Li Yong Executives
Huang Lei Executives
Zhu Zhen Mao Directors, Directors, and Executives
Fan Jia Yu Director
Bian Li Bin Director
Li Pei Pei Supervisors
Zhuang Jie Supervisors
Zhu Shu Jun Executives
Yang Shu Guang Supervisors
Ma Li Supervisors
Wang Zhu Qing Executives
Bi Ke Dou Director

Zibo Qixiang Tengda Chemical Co (SZSE:002408) Headlines

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