What is Ta Chen Stainless Pipe 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.
Hence, Ta Chen Stainless Pipe Co's Capex-to-Operating-Income for the
three
months ended in Mar. 2024 was 1.19.
Ta Chen Stainless Pipe Co Capex-to-Operating-Income Historical Data
The historical data trend for Ta Chen Stainless Pipe 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.
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Ta Chen Stainless Pipe Co Capex-to-Operating-Income Chart
Competitive Comparison of Ta Chen Stainless Pipe Co's Capex-to-Operating-Income
For the Steel subindustry, Ta Chen Stainless Pipe 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.
Ta Chen Stainless Pipe Co's Capex-to-Operating-Income Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Ta Chen Stainless Pipe Co's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where Ta Chen Stainless Pipe Co's Capex-to-Operating-Income falls into.
Ta Chen Stainless Pipe Co Capex-to-Operating-Income Calculation
Ta Chen Stainless Pipe Co's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Ta Chen Stainless Pipe Co (TPE:2027) 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.
Ta Chen Stainless Pipe Co Capex-to-Operating-Income Related Terms
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Ta Chen Stainless Pipe Co (TPE:2027) Business Description
Ta Chen Stainless Pipe Co Ltd is a Taiwan-based company that is primarily engaged in manufacturing and distributing of stainless steel, fasteners, steel strips, aluminum and nickel alloy coils, sheets, plates, long products, tubes, and PVFs. The company generates most of its sales from stainless steel products and fasteners. The company particularly specializes in manufacturing stainless tube and its accessories, which are used in petrochemical and food industries. Geographically, the company generates almost all of its revenue from the American market, where the company distributes its products through its warehouses in Los Angeles, Chicago, Houston, Atlanta, Florida, Philadelphia, Seattle, and Cleveland.
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