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.
Hisense Home Appliances Group Co Ltd
Physical assets are 21.6% of total assets, a light footprint. Capex is 1.59x depreciation and free cash flow yield is still positive, which fits a physical base that is being replaced or expanded without consuming all of its cash.
Fixed-asset turnover is 10.63x. Compare it with other names in the same basket.
Physical asset ratio
21.6%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
10.63x
Revenue per dollar of the physical asset base.
Capex / D&A
1.59x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
$14.68
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
1.39x
Price $20.36.
Fixed-charge coverage
1.39x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
13.0%
Latest free cash flow divided by current market cap ($28.31B).
ROIC
—
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is 0.64x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2018 | 28.9% | 10.76x | 0.49x | $5.26 | 0.35x | $719.35M | — | 0.45x |
| 2019 | 22.4% | 9.12x | 0.45x | $7.68 | 25.21x | $1.64B | 320.4% | 0.50x |
| 2020 | 20.3% | 11.59x | 0.59x | $9.20 | 94.10x | $5.35B | 3,756.2% | 0.77x |
| 2021 | 25.9% | 11.14x | 0.99x | $10.02 | 1.03x | $3.21B | 193.8% | 0.46x |
| 2022 | 22.7% | 12.30x | 0.65x | $10.68 | 2.83x | $3.15B | 407.5% | 0.56x |
| 2023 | 19.8% | 13.64x | 0.81x | $13.07 | 2.29x | $9.63B | — | 0.84x |
| 2024 | 20.2% | 14.30x | 1.22x | $13.15 | 2.05x | $3.74B | — | 0.88x |
| 2025 | 21.6% | 10.63x | 1.59x | $14.68 | 1.39x | $3.68B | — | 0.64x |
- Receivables are larger than the physical asset base, so a finance or credit book may sit outside the physical ratio and inside the debt used for coverage.
- Principal due is short-term debt, the amount reported as due within a year.
Latest year inputs (2025)
Net PP&E: $8.27B
Inventory: $6.86B
Total assets: $69.98B
Goodwill: $132.57M
Intangibles: $1.31B
Liabilities: $48.46B
Tangible book: $20.08B
Shares: 1,367,628,000
Revenue: $87.93B
Capex: $2.11B
D&A: $1.33B
EBITDA: $6.97B
Interest: $193.09M
Short-term debt: $3.30B
Free cash flow: $3.68B
Operating income: $5.28B
Invested capital: —
Tax rate: 13.1%