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.
Shandong Weigao Group Medical Polymer Co Ltd
Physical assets are 27.9% of total assets, a light footprint. Capex is 0.84x depreciation while free cash flow yield is positive, which can mean an aging base that is still throwing off cash. ROIC is 7.1%, below an 8% cost-of-capital hurdle.
Fixed-asset turnover is 1.78x. Compare it with other names in the same basket.
Physical asset ratio
27.9%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
1.78x
Revenue per dollar of the physical asset base.
Capex / D&A
0.84x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
$4.65
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
0.72x
Price $3.35.
Fixed-charge coverage
2.93x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
11.4%
Latest free cash flow divided by current market cap ($15.01B).
ROIC
7.1%
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is 0.23x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2018 | 24.0% | 1.91x | 1.41x | $2.02 | 3.45x | $1.42B | 11.1% | 0.44x |
| 2019 | 25.8% | 1.87x | 1.61x | $2.51 | 1.57x | $1.34B | 13.6% | 0.49x |
| 2020 | 27.7% | 1.91x | 1.45x | $2.93 | 4.39x | $1.70B | 12.4% | 0.38x |
| 2021 | 27.8% | 1.97x | 1.52x | $3.49 | 3.56x | $1.92B | 15.2% | 0.43x |
| 2022 | 29.0% | 1.86x | 1.39x | $4.00 | 2.83x | $1.10B | 13.6% | 0.40x |
| 2023 | 29.2% | 1.80x | 0.75x | $4.19 | 1.02x | $2.11B | 9.2% | 0.28x |
| 2024 | 28.4% | 1.78x | 0.61x | $4.44 | 1.82x | $2.19B | 10.3% | 0.32x |
| 2025 | 27.9% | 1.78x | 0.84x | $4.65 | 2.93x | $1.72B | 7.1% | 0.23x |
- 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 the current portion of debt.
Latest year inputs (2025)
Net PP&E: $7.53B
Inventory: $2.52B
Total assets: $36.06B
Goodwill: $3.70B
Intangibles: $1.05B
Liabilities: $10.23B
Tangible book: $21.08B
Shares: 4,538,487,000
Revenue: $13.39B
Capex: $832.64M
D&A: $987.22M
EBITDA: $2.83B
Interest: $249.23M
Short-term debt: $432.61M
Free cash flow: $1.72B
Operating income: $1.70B
Invested capital: $20.24B
Tax rate: 15.8%