Capital Intensity
Score how much of a company is physical plant, inventory, and equipment, whether that base is being maintained, and whether the shares have tangible backing.
Basket: HK Block
Median physical 69.0%
Median FAT 1.74x
Median capex/D&A 4.30x
Median ROIC 5.8%
Financial-sector names are left out of the median.
| Symbol | Name | Sector | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF yield | ROIC | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 6658.HK | LIULIUMEI | Consumer Defensive | 72.7%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&E$774.16MpropertyPlantAndEquipmentNetInventory$673.37MinventoryTotal assets$1.99BtotalAssetsResult 72.7% | 2.21xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenue$1.71BtotalRevenueNet PP&E$774.16MpropertyPlantAndEquipmentNetResult 2.21x | 2.45xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapex$168.63McapitalExpendituresD&A$68.77MdepreciationAndAmortizationResult 2.45x | $11.16Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$1.99BtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$1.84MintangibleAssetsLiabilities$1.11BtotalLiabTangible book$879.79MShares78,811,208commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result $11.16 | 0.27xFixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$301.16MebitdaCapex$168.63McapitalExpendituresInterest$13.22MinterestExpenseShort-term debt$475.39MshortLongTermDebtEBITDA − capex$132.53MPrincipal due is the current portion of debt.Result 0.27x | -0.8%Free cash flow yield · 2025-12-31Latest free cash flow / current market capFree cash flow-$94.16MfreeCashFlowMarket cap$12.46BMarketCapitalizationResult -0.8% | 14.0%ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income$223.96MoperatingIncomeTax expense$37.09MincomeTaxExpensePretax income$219.18MincomeBeforeTaxTax rate16.9%Equity$881.63MtotalStockholderEquityDebt$478.36MshortLongTermDebtTotalCash$33.90McashInvested capital$1.33BResult 14.0% | Heavy & stretched |
| 1645.HK | Haina Intelligent Equipment International Holdings Limited | Industrials | 65.2%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&E$387.78MpropertyPlantAndEquipmentNetInventory$236.78MinventoryTotal assets$958.34MtotalAssetsResult 65.2% | 1.27xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenue$490.77MtotalRevenueNet PP&E$387.78MpropertyPlantAndEquipmentNetResult 1.27x | 6.14xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapex$117.39McapitalExpendituresD&A$19.12MdepreciationAndAmortizationResult 6.14x | $0.50Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$958.34MtotalAssetsGoodwill$0.00goodWillIntangibles$6.24MintangibleAssetsLiabilities$670.07MtotalLiabTangible book$282.03MShares566,459,000commonStockSharesOutstandingResult $0.50 | -0.23xFixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$33.91MebitdaCapex$117.39McapitalExpendituresInterest$3.16MinterestExpenseShort-term debt$354.40MshortLongTermDebtEBITDA − capex-$83.48MPrincipal due is the current portion of debt.Result -0.23x | -3.9%Free cash flow yield · 2025-12-31Latest free cash flow / current market capFree cash flow-$54.88MfreeCashFlowMarket cap$1.40BMarketCapitalizationResult -3.9% | -2.4%ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$15.90MoperatingIncomeTax expense$698.00KincomeTaxExpensePretax income$19.80MincomeBeforeTaxTax rate3.5%Equity$285.60MtotalStockholderEquityDebt$405.28MshortLongTermDebtTotalCash$59.85McashAndShortTermInvestmentsInvested capital$631.04MResult -2.4% | Heavy & stretched |
| 2672.HK | Baige Online Digital Technology Co., Ltd. | Financial Services | 2.1%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&E$5.16MpropertyPlantAndEquipmentNetInventory$0.00Not reported, treated as 0Total assets$249.48MtotalAssetsInventory was not reported and is treated as zero.Result 2.1% | 237.95xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenue$1.23BtotalRevenueNet PP&E$5.16MpropertyPlantAndEquipmentNetResult 237.95x | 0.56xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapex$1.45McapitalExpendituresD&A$2.60MreconciledDepreciationResult 0.56x | -$0.18Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$249.48MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$10.58MintangibleAssetsLiabilities$297.31MtotalLiabTangible book-$58.41MShares320,620,632commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result -$0.18 | -2.06xFixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$32.62MebitdaCapex$1.45McapitalExpendituresInterest$11.52MinterestExpenseShort-term debt$5.00MshortLongTermDebtEBITDA − capex-$34.07MPrincipal due is the current portion of debt.Result -2.06x | 0.0%Free cash flow yield · 2025-12-31Latest free cash flow / current market capFree cash flow$18.69MfreeCashFlowMarket cap$37.45BMarketCapitalizationResult 0.0% | —ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$38.07MoperatingIncomeTax expense-$69.00KtaxProvisionPretax income-$46.74MincomeBeforeTaxTax rate—Equity-$47.83MtotalStockholderEquityDebt$5.00MshortLongTermDebtCash$109.03McashInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | Financials |