Golden Capex To Depreciation from 2010 to 2024

GDHG Stock   1.65  0.06  3.77%   
Golden Heaven's Capex To Depreciation is increasing over the last several years with slightly volatile swings. Capex To Depreciation is estimated to finish at 2.22 this year. Capex To Depreciation is the ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets. View All Fundamentals
 
Capex To Depreciation  
First Reported
2010-12-31
Previous Quarter
2.11
Current Value
2.22
Quarterly Volatility
0.72767499
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Golden Heaven financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golden Heaven's main balance sheet or income statement drivers, such as Tax Provision of 5.2 M, Net Interest Income of 55.2 K or Interest Income of 59.8 K, as well as many indicators such as Price To Sales Ratio of 306, Dividend Yield of 0.0 or PTB Ratio of 336. Golden financial statements analysis is a perfect complement when working with Golden Heaven Valuation or Volatility modules.
  
Check out the analysis of Golden Heaven Correlation against competitors.

Latest Golden Heaven's Capex To Depreciation Growth Pattern

Below is the plot of the Capex To Depreciation of Golden Heaven Group over the last few years. It is the ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets. Golden Heaven's Capex To Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Golden Heaven's overall financial position and show how it may be relating to other accounts over time.
Capex To Depreciation10 Years Trend
Slightly volatile
   Capex To Depreciation   
       Timeline  

Golden Capex To Depreciation Regression Statistics

Arithmetic Mean0.85
Geometric Mean0.63
Coefficient Of Variation85.69
Mean Deviation0.55
Median0.57
Standard Deviation0.73
Sample Variance0.53
Range2.2635
R-Value0.59
Mean Square Error0.37
R-Squared0.35
Significance0.02
Slope0.1
Total Sum of Squares7.41

Golden Capex To Depreciation History

2024 2.22
2023 2.11
2022 2.35
2021 0.0861
2020 0.27

About Golden Heaven Financial Statements

Golden Heaven stakeholders use historical fundamental indicators, such as Golden Heaven's Capex To Depreciation, to determine how well the company is positioned to perform in the future. Although Golden Heaven investors may analyze each financial statement separately, they are all interrelated. For example, changes in Golden Heaven's assets and liabilities are reflected in the revenues and expenses on Golden Heaven's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Golden Heaven Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capex To Depreciation 2.11  2.22 

Currently Active Assets on Macroaxis

When determining whether Golden Heaven Group is a strong investment it is important to analyze Golden Heaven's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Golden Heaven's future performance. For an informed investment choice regarding Golden Stock, refer to the following important reports:
Check out the analysis of Golden Heaven Correlation against competitors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Heaven. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Heaven listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.67)
Earnings Share
1.62
Revenue Per Share
24.732
Quarterly Revenue Growth
(0.31)
Return On Assets
0.0292
The market value of Golden Heaven Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Heaven's value that differs from its market value or its book value, called intrinsic value, which is Golden Heaven's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Heaven's market value can be influenced by many factors that don't directly affect Golden Heaven's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Heaven's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Heaven is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Heaven's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.