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China Express Airlines Co (SZSE:002928) Capex-to-Operating-Income : 2.24 (As of Mar. 2024)


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What is China Express Airlines 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.

China Express Airlines Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-400.95 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥179.19 Mil.

Hence, China Express Airlines Co's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 2.24.


China Express Airlines Co Capex-to-Operating-Income Historical Data

The historical data trend for China Express Airlines 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.

China Express Airlines Co Capex-to-Operating-Income Chart

China Express Airlines 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 1.38 0.94 7.45 - -

China Express Airlines 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 - - 2.71 - 2.24

Competitive Comparison of China Express Airlines Co's Capex-to-Operating-Income

For the Airlines subindustry, China Express Airlines 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.


China Express Airlines Co's Capex-to-Operating-Income Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Express Airlines Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where China Express Airlines Co's Capex-to-Operating-Income falls into.



China Express Airlines Co Capex-to-Operating-Income Calculation

China Express Airlines 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
=- (-541.251) / -378.845
=N/A

China Express Airlines 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
=- (-400.948) / 179.188
=2.24

* 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.


China Express Airlines Co  (SZSE:002928) 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.


China Express Airlines Co Capex-to-Operating-Income Related Terms

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China Express Airlines Co (SZSE:002928) Business Description

Traded in Other Exchanges
N/A
Address
2-3F, Annex Building, Airport Hotel, Longdongbao Airport, Guizhou Province, Nanming District, Guiyang, CHN, 550012
China Express Airlines Co Ltd is a China-based company operates in the regional aviation business. It is the only independent airline long-term focused on regional aviation in China. The business activities of the group are functioned through five operation bases located in Guiyang, Chongqing, Dalian, Inner Mongolia, and Xi'an.
Executives
Li San Sheng Executives

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