Meihua International Medical Technologies Co (Meihua International Medical Technologies Co) Capex-to-Operating-Income : 0.02 (As of Dec. 2023)

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What is Meihua International Medical Technologies 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.

Meihua International Medical Technologies Co's Capital Expenditure for the six months ended in Dec. 2023 was $-0.10 Mil. Its Operating Income for the six months ended in Dec. 2023 was $5.58 Mil.

Hence, Meihua International Medical Technologies Co's Capex-to-Operating-Income for the six months ended in Dec. 2023 was 0.02.

Meihua International Medical Technologies Co Capex-to-Operating-Income Historical Data

The historical data trend for Meihua International Medical Technologies 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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Meihua International Medical Technologies Co Capex-to-Operating-Income Chart

Meihua International Medical Technologies Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Capex-to-Operating-Income

0.46

0.69

0.03

0.17

0.32

Meihua International Medical Technologies Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Capex-to-Operating-Income	Get a 7-Day Free Trial				0.05	0.04	0.51	0.50	0.02

Competitive Comparison of Meihua International Medical Technologies Co's Capex-to-Operating-Income

For the Medical Instruments & Supplies subindustry, Meihua International Medical Technologies 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.

Meihua International Medical Technologies Co's Capex-to-Operating-Income Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Meihua International Medical Technologies Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Meihua International Medical Technologies Co's Capex-to-Operating-Income falls into.

Meihua International Medical Technologies Co Capex-to-Operating-Income Calculation

Meihua International Medical Technologies 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
	=	- (-4.687)	/	14.675
	=	0.32

Meihua International Medical Technologies Co's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-0.104)	/	5.578
	=	0.02

Meihua International Medical Technologies Co (NAS:MHUA) 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.

Meihua International Medical Technologies Co Capex-to-Operating-Income Related Terms

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Meihua International Medical Technologies Co (Meihua International Medical Technologies Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Meihua International Medical Technologies Co Ltd (NAS:MHUA) » Definitions » Capex-to-Operating-Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Tongda Road, Touqiao Town, Guangling District, Yangzhou, CHN, 225000

Website

http://www.meihuamed.com

Meihua International Medical Technologies Co Ltd is engaged in providing disposable medical devices. It serves hospitals, pharmacies, medical institutions, and medical equipment companies. Its product offerings include a Disposable Medical mask, Disposable ID Bracelet, Disposable Artificial Anal bag, Disposable Catheter, and Electonic pump among others.