What is Tianqi Lithium Industries 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, Tianqi Lithium Industries's Capex-to-Operating-Income for the
three
months ended in Mar. 2024 was 1.14.
Tianqi Lithium Industries Capex-to-Operating-Income Historical Data
The historical data trend for Tianqi Lithium Industries'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.
Competitive Comparison of Tianqi Lithium Industries's Capex-to-Operating-Income
For the Specialty Chemicals subindustry, Tianqi Lithium Industries'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.
Tianqi Lithium Industries's Capex-to-Operating-Income Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Tianqi Lithium Industries's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where Tianqi Lithium Industries's Capex-to-Operating-Income falls into.
* 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.
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.
Tianqi Lithium Industries Capex-to-Operating-Income Related Terms
Thank you for viewing the detailed overview of Tianqi Lithium Industries's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Tianqi Lithium Industries (SZSE:002466) Business Description
Tianqi Lithium is a leading new energy materials company headquartered in China. The company is the largest producer of mined lithium globally in terms of output and is ranked third in terms of revenue generated from lithium, according to Wood Mackenzie. It is also the world's fourth largest and Asia's second largest lithium compound producer, as measured by production output, according to the same source. Tianqi is the only lithium producer in China that has achieved 100% self-sufficiency and has fully vertically integrated lithium mines. It operates in critical stages of the lithium value chain, including: 1) mining of lithium ore and manufacturing of lithium concentrate; and 2) manufacturing of lithium compounds and derivatives.
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