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China Airlines (TPE:2610) Capex-to-Operating-Income : 1.05 (As of Mar. 2024)


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What is China Airlines 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 Airlines's Capital Expenditure for the three months ended in Mar. 2024 was NT$-4,026.03 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$3,852.31 Mil.

Hence, China Airlines's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 1.05.


China Airlines Capex-to-Operating-Income Historical Data

The historical data trend for China Airlines'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 Airlines Capex-to-Operating-Income Chart

China Airlines 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 7.12 5.79 0.98 10.43 2.87

China Airlines 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 2.05 1.63 3.94 7.29 1.05

Competitive Comparison of China Airlines's Capex-to-Operating-Income

For the Airlines subindustry, China Airlines'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 Airlines's Capex-to-Operating-Income Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Airlines's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where China Airlines's Capex-to-Operating-Income falls into.



China Airlines Capex-to-Operating-Income Calculation

China Airlines'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
=- (-29185.089) / 10157.421
=2.87

China Airlines's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-4026.033) / 3852.307
=1.05

* 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 Airlines  (TPE:2610) 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.


China Airlines Capex-to-Operating-Income Related Terms

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China Airlines (TPE:2610) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Hangzhan South Road, Dayuan District, Taoyuan, TWN
China Airlines Ltd provides air transportation services. The company is composed of its flight and non-flight segments. The flight segment is the core business of the firm and offers transport services primarily for passengers and cargo. A vast proportion of the company's revenue is generated from transporting passengers in its flight operating unit. The non-flight segment provides various services such as mail and ground solutions, data processing services to other airlines, aircraft maintenance, and aircraft leasing. It engages in air transportation services for passengers, cargo and others. The company's geographical segments include America, Northeast Asia, Southeast Asia, Europe, Australia, China, and Domestic.

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