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Hsin Kuang Steel Co (TPE:2031) Capex-to-Operating-Income : 0.46 (As of Mar. 2024)


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What is Hsin Kuang Steel 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.

Hsin Kuang Steel Co's Capital Expenditure for the three months ended in Mar. 2024 was NT$-81.41 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$177.50 Mil.

Hence, Hsin Kuang Steel Co's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.46.


Hsin Kuang Steel Co Capex-to-Operating-Income Historical Data

The historical data trend for Hsin Kuang Steel 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.

Hsin Kuang Steel Co Capex-to-Operating-Income Chart

Hsin Kuang Steel 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 - 2.98 0.28 0.47 0.53

Hsin Kuang Steel 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 0.46 1.06 0.66 0.33 0.46

Competitive Comparison of Hsin Kuang Steel Co's Capex-to-Operating-Income

For the Steel subindustry, Hsin Kuang Steel 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.


Hsin Kuang Steel Co's Capex-to-Operating-Income Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hsin Kuang Steel Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Hsin Kuang Steel Co's Capex-to-Operating-Income falls into.



Hsin Kuang Steel Co Capex-to-Operating-Income Calculation

Hsin Kuang Steel 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
=- (-471.248) / 891.594
=0.53

Hsin Kuang Steel 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
=- (-81.412) / 177.499
=0.46

* 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.


Hsin Kuang Steel Co  (TPE:2031) 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.


Hsin Kuang Steel Co Capex-to-Operating-Income Related Terms

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Hsin Kuang Steel Co (TPE:2031) Business Description

Traded in Other Exchanges
N/A
Address
25th Floor, 97 Chongming Road, Section 4, Sanchong District, New Taipei City, TWN
Hsin Kuang Steel Co Ltd manufactures and sells steel products. The business activities of the group include cutting, stamping, and sale of steel products, including steel coils, steel plates, stainless steel, alloy steel and special steel. Geographically, the business activities are carried out across Taiwan.

Hsin Kuang Steel Co (TPE:2031) Headlines

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