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.
Beijing Roborock Technology Co Ltd
Physical assets are 21.9% of total assets, a light footprint. Capex is 4.11x 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. ROIC is 22.9%, above an 8% cost-of-capital hurdle.
Energy, materials, and industrial names often turn net PP&E at about 1x to 3x. This name is at 11.29x.
Physical asset ratio
21.9%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
11.29x
Revenue per dollar of the physical asset base.
Capex / D&A
4.11x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
CNY 129.70
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
0.79x
Price CNY 102.00.
Fixed-charge coverage
1.17x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
1.1%
Latest free cash flow divided by current market cap (CNY 26.64B).
ROIC
22.9%
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is 0.87x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2018 | 25.6% | 62.56x | 3.44x | CNY 3.64 | 237.95x | CNY 363.86M | — | 7.83x |
| 2019 | 18.5% | 62.37x | 1.66x | CNY 7.70 | 2,750.59x | CNY 705.90M | — | 13.72x |
| 2020 | 5.6% | 74.35x | 24.37x | CNY 28.90 | 13.83x | CNY 528.78M | 71.7% | 25.54x |
| 2021 | 19.0% | 4.59x | 12.35x | CNY 32.93 | 14.77x | CNY 1.08B | 44.9% | 1.26x |
| 2022 | 19.3% | 4.73x | 2.76x | CNY 37.10 | 45.91x | CNY 865.65M | 29.7% | 0.96x |
| 2023 | 16.3% | 6.12x | 2.30x | CNY 44.04 | 52.11x | CNY 1.94B | 43.8% | 1.64x |
| 2024 | 17.4% | 7.67x | 2.50x | CNY 49.73 | 58.54x | CNY 1.44B | 30.0% | 1.34x |
| 2025 | 21.9% | 11.29x | 4.11x | CNY 129.70 | 1.17x | CNY 292.89M | 22.9% | 0.87x |
- Principal due is the current portion of debt.
Latest year inputs (2025)
Net PP&E: CNY 1.65B
Inventory: CNY 2.66B
Total assets: CNY 19.67B
Goodwill: CNY 0.00
Intangibles: CNY 20.02M
Liabilities: -CNY 13.76B
Tangible book: CNY 33.41B
Shares: 257,590,928
Revenue: CNY 18.62B
Capex: CNY 480.68M
D&A: CNY 117.06M
EBITDA: CNY 1.55B
Interest: CNY 10.12M
Short-term debt: CNY 900.00M
Free cash flow: CNY 292.89M
Operating income: CNY 1.43B
Invested capital: CNY 5.93B
Tax rate: 4.8%