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China Aerospace Times Electronic Co (SHSE:600879) Capex-to-Operating-Income : 1.08 (As of Mar. 2024)


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What is China Aerospace Times Electronic 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.

China Aerospace Times Electronic Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-206.81 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥191.02 Mil.

Hence, China Aerospace Times Electronic Co's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 1.08.


China Aerospace Times Electronic Co Capex-to-Operating-Income Historical Data

The historical data trend for China Aerospace Times Electronic 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.

China Aerospace Times Electronic Co Capex-to-Operating-Income Chart

China Aerospace Times Electronic 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 0.61 0.51 0.46 0.87 0.62

China Aerospace Times Electronic 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 0.28 0.52 0.47 1.27 1.08

Competitive Comparison of China Aerospace Times Electronic Co's Capex-to-Operating-Income

For the Aerospace & Defense subindustry, China Aerospace Times Electronic 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.


China Aerospace Times Electronic Co's Capex-to-Operating-Income Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, China Aerospace Times Electronic Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where China Aerospace Times Electronic Co's Capex-to-Operating-Income falls into.



China Aerospace Times Electronic Co Capex-to-Operating-Income Calculation

China Aerospace Times Electronic 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
=- (-614.013) / 994.098
=0.62

China Aerospace Times Electronic 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
=- (-206.808) / 191.015
=1.08

* 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.


China Aerospace Times Electronic Co  (SHSE:600879) 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.


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China Aerospace Times Electronic Co (SHSE:600879) Business Description

Traded in Other Exchanges
N/A
Address
Plant 22MB, High-Tech Park, Economic Technology Development District, Wuhan, CHN, 430056
China Aerospace Times Electronic Co Ltd is a China-based company. It engaged in the manufacturing and distribution of aerospace electronic products. Its products include satellite applications, inertial navigation, Integrated circuit, Drone.
Executives
Gai Hong Bin senior management
He Ping senior management
Wang Zhan Chen Director
Wang Zong Yin Director
Zhang Xian Cai senior management
Wu Yuan Qiang Director
Pei Ai Jun Supervisors

China Aerospace Times Electronic Co (SHSE:600879) Headlines

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