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Shandong Shuangyi Technology Co (SZSE:300690) Capex-to-Operating-Income : 1.99 (As of Mar. 2024)


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What is Shandong Shuangyi Technology 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.

Shandong Shuangyi Technology Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-14.08 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥7.06 Mil.

Hence, Shandong Shuangyi Technology Co's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 1.99.


Shandong Shuangyi Technology Co Capex-to-Operating-Income Historical Data

The historical data trend for Shandong Shuangyi Technology 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.

Shandong Shuangyi Technology Co Capex-to-Operating-Income Chart

Shandong Shuangyi Technology 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 0.38 0.24 0.59 0.92 0.27

Shandong Shuangyi Technology 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 5.38 0.15 0.08 -1.25 1.99

Competitive Comparison of Shandong Shuangyi Technology Co's Capex-to-Operating-Income

For the Metal Fabrication subindustry, Shandong Shuangyi Technology 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.


Shandong Shuangyi Technology Co's Capex-to-Operating-Income Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shandong Shuangyi Technology Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Shandong Shuangyi Technology Co's Capex-to-Operating-Income falls into.



Shandong Shuangyi Technology Co Capex-to-Operating-Income Calculation

Shandong Shuangyi Technology 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
=- (-23.77) / 88.538
=0.27

Shandong Shuangyi Technology 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
=- (-14.075) / 7.061
=1.99

* 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.


Shandong Shuangyi Technology Co  (SZSE:300690) 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.


Shandong Shuangyi Technology Co Capex-to-Operating-Income Related Terms

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Shandong Shuangyi Technology Co (SZSE:300690) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Shuangyi Road, Xinhua Industrial Park, Decheng District, Shandong Province, Dezhou, CHN, 253007
Shandong Shuangyi Technology Co Ltd is a metal fabrication company based in China. The company is primarily engaged in the design, research and development, production, sales and service of composite products. The products are categorized into non-metallic mould machining, wind turbine nacelle cover, advanced composite materials, public and rail transit, yacht and boat, engineering and agricultural machinery and medical appliance.
Executives
Ren Yu Sheng Supervisors
Cui Hai Jun Director
Feng Hao Zhen Executives
Zhang Jun Xia Supervisors
Yao Jian Mei Directors, executives
Zhao Fu Cheng Directors, executives
Zhang Sheng Qiang Executives
Kong Ling Hui Directors, executives
Wang Kai Executives
Wang Shou Yang Securities Affairs Representative

Shandong Shuangyi Technology Co (SZSE:300690) Headlines

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