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Zhejiang Crystal-OpTech Co (SZSE:002273) Capex-to-Operating-Cash-Flow : 1.10 (As of Mar. 2024)


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What is Zhejiang Crystal-OpTech Co Capex-to-Operating-Cash-Flow?

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

Zhejiang Crystal-OpTech Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-436.07 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was ¥398.07 Mil.

Hence, Zhejiang Crystal-OpTech Co's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2024 was 1.10.


Zhejiang Crystal-OpTech Co Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Zhejiang Crystal-OpTech Co's Capex-to-Operating-Cash-Flow 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.

Zhejiang Crystal-OpTech Co Capex-to-Operating-Cash-Flow Chart

Zhejiang Crystal-OpTech Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 1.04 1.28 1.17 0.90

Zhejiang Crystal-OpTech 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-Cash-Flow 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 2.14 2.74 0.90 0.36 1.10

Competitive Comparison of Zhejiang Crystal-OpTech Co's Capex-to-Operating-Cash-Flow

For the Electronic Components subindustry, Zhejiang Crystal-OpTech Co's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow 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.


Zhejiang Crystal-OpTech Co's Capex-to-Operating-Cash-Flow Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhejiang Crystal-OpTech Co's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Zhejiang Crystal-OpTech Co's Capex-to-Operating-Cash-Flow falls into.



Zhejiang Crystal-OpTech Co Capex-to-Operating-Cash-Flow Calculation

Zhejiang Crystal-OpTech Co's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-1105.617) / 1229.86
=0.90

Zhejiang Crystal-OpTech Co's Capex-to-Operating-Cash-Flow for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-436.071) / 398.071
=1.10

* 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.


Zhejiang Crystal-OpTech Co  (SZSE:002273) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


Zhejiang Crystal-OpTech Co Capex-to-Operating-Cash-Flow Related Terms

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Zhejiang Crystal-OpTech Co (SZSE:002273) Business Description

Traded in Other Exchanges
N/A
Address
Tower A5, Xingxing Electronic Industrial Zone, Jiaojiang District, Zhejiang, Taizhou, CHN, 318015
Zhejiang Crystal-OpTech Co Ltd is a China-based high-tech company. It is engaged in the research, development, manufacture, and sale of optoelectronic components. The main products of the company are applied to the digital camera, mobile phone camera, security monitoring camera, computer camera and other digital camera lenses, semiconductor illumination, micro projector, smart glasses, road traffic mark and safety protection. The company has the precise optical cold working technology, super-hard material optical process technology, precise optical film, semiconductor process, coating, and embedding core technologies.
Executives
Zheng Ping Executives
Li Xia Yun Directors, executives
Jin Li Jian Executives
Xiong Bo Directors, executives
Liu Feng Lei Executives
Wang Zhen Yu Directors, executives
Sheng Yong Jiang Directors, executives
Lin Min Director
Wang Bao Xin Executives
Pan Ling Juan Supervisors
Chen Dan Supervisors
Fan Chong Guo Directors, executives
Liu Hui Securities Affairs Representative
Pan Mao Zhi Executives
Zhou Jian Jun Executives

Zhejiang Crystal-OpTech Co (SZSE:002273) Headlines

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