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Chongqing Polycomp International (SZSE:301526) Capex-to-Operating-Income : 6.65 (As of Mar. 2024)


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What is Chongqing Polycomp International 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.

Chongqing Polycomp International's Capital Expenditure for the three months ended in Mar. 2024 was ¥-247.44 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥37.20 Mil.

Hence, Chongqing Polycomp International's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 6.65.


Chongqing Polycomp International Capex-to-Operating-Income Historical Data

The historical data trend for Chongqing Polycomp International'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.

Chongqing Polycomp International Capex-to-Operating-Income Chart

Chongqing Polycomp International Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial 1.28 0.95 1.13 1.34 2.30

Chongqing Polycomp International Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 1.48 1.89 2.41 3.72 6.65

Competitive Comparison of Chongqing Polycomp International's Capex-to-Operating-Income

For the Textile Manufacturing subindustry, Chongqing Polycomp International'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.


Chongqing Polycomp International's Capex-to-Operating-Income Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Chongqing Polycomp International's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Chongqing Polycomp International's Capex-to-Operating-Income falls into.



Chongqing Polycomp International Capex-to-Operating-Income Calculation

Chongqing Polycomp International'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
=- (-1915.086) / 833.658
=2.30

Chongqing Polycomp International's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-247.441) / 37.198
=6.65

* 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.


Chongqing Polycomp International  (SZSE:301526) 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.


Chongqing Polycomp International Capex-to-Operating-Income Related Terms

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Chongqing Polycomp International (SZSE:301526) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Area B, Jianqiao Industrial Park, Dadukou, Chongqing, CHN, 400082
Chongqing Polycomp International Corp is engaged in research & development, production and sales of glass fiber and its products.

Chongqing Polycomp International (SZSE:301526) Headlines

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