China Modern Dairy Holdings Ltd (07M) - Cash Flow Conversion Efficiency
Based on the latest financial reports, China Modern Dairy Holdings Ltd (07M) has a cash flow conversion efficiency ratio of 0.093x as of June 2023. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€1.09 Billion ≈ $1.28 Billion USD) by net assets (€11.78 Billion ≈ $13.77 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is China Modern Dairy Holdings Ltd's balance sheet to measure how much of total assets are equity-financed.
China Modern Dairy Holdings Ltd - Cash Flow Conversion Efficiency Trend (2015–2024)
This chart illustrates how China Modern Dairy Holdings Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check China Modern Dairy Holdings Ltd cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
China Modern Dairy Holdings Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of China Modern Dairy Holdings Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Beijing Sanju Environmental
SHE:300072
|
0.033x |
|
POLESTAR AUTO.ADR/A
F:A4N1
|
N/A |
|
Jiangsu Shagang Co Ltd
SHE:002075
|
0.072x |
|
Fushun Special Steel Co Ltd
SHG:600399
|
-0.029x |
|
Tsakos Energy Navigation Limited
F:TK41
|
0.052x |
|
Hangzhou Greenda Electronic Materials Co Ltd
SHG:603931
|
0.028x |
|
Time Technoplast Limited
NSE:TIMETECHNO
|
0.087x |
|
Tsakos Energy Navigation Limited
NYSE:TEN
|
0.050x |
Annual Cash Flow Conversion Efficiency for China Modern Dairy Holdings Ltd (2015–2024)
The table below shows the annual cash flow conversion efficiency of China Modern Dairy Holdings Ltd from 2015 to 2024. For the full company profile with market capitalisation and key ratios, see 07M market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €11.12 Billion ≈ $13.00 Billion |
€2.40 Billion ≈ $2.81 Billion |
0.216x | -53.03% |
| 2023-12-31 | €11.84 Billion ≈ $13.85 Billion |
€5.45 Billion ≈ $6.37 Billion |
0.460x | +239.68% |
| 2022-12-31 | €11.64 Billion ≈ $13.61 Billion |
€1.58 Billion ≈ $1.84 Billion |
0.135x | -19.44% |
| 2021-12-31 | €11.11 Billion ≈ $12.99 Billion |
€1.87 Billion ≈ $2.18 Billion |
0.168x | -30.29% |
| 2020-12-31 | €8.04 Billion ≈ $9.40 Billion |
€1.94 Billion ≈ $2.27 Billion |
0.241x | -15.17% |
| 2019-12-31 | €7.21 Billion ≈ $8.43 Billion |
€2.05 Billion ≈ $2.40 Billion |
0.284x | +32.52% |
| 2018-12-31 | €6.55 Billion ≈ $7.66 Billion |
€1.41 Billion ≈ $1.64 Billion |
0.215x | +203.61% |
| 2017-12-31 | €7.09 Billion ≈ $8.29 Billion |
€500.86 Million ≈ $585.55 Million |
0.071x | -55.75% |
| 2016-12-31 | €7.12 Billion ≈ $8.33 Billion |
€1.14 Billion ≈ $1.33 Billion |
0.160x | -11.96% |
| 2015-12-31 | €7.95 Billion ≈ $9.29 Billion |
€1.44 Billion ≈ $1.69 Billion |
0.181x | -- |
About China Modern Dairy Holdings Ltd
China Modern Dairy Holdings Ltd., an investment holding company, operates dairy farming and produces raw milk in Mainland China, the United States, and internationally. It is involved in the production, trading, and sale of feeds; e-commerce platforms; forage grass planting; and breeding of dairy cows. The company was founded in 2005 and is headquartered in Maanshan, the People's Republic of Chin… Read more