Xinyi Solar Holdings Ltd (13X) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Xinyi Solar Holdings Ltd (13X) has a cash flow conversion efficiency ratio of 0.041x as of June 2022. 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 (€1.46 Billion ≈ $1.71 Billion USD) by net assets (€35.80 Billion ≈ $41.85 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Xinyi Solar Holdings Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Xinyi Solar Holdings Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 13X liabilities breakdown for a breakdown of total debt and financial obligations.
Xinyi Solar Holdings Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Xinyi Solar Holdings Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hafnia Limited
NYSE:HAFN
|
0.051x |
|
Maanshan Iron & Steel Co Ltd
SHG:600808
|
0.103x |
|
Zhongshan Broad-Ocean Motor Co Ltd
SHE:002249
|
0.004x |
|
Fujian Sunner Development Co Ltd
SHE:002299
|
0.145x |
|
Grenergy Renovables S.A
MC:GRE
|
0.053x |
|
Transcoal Pacific Tbk PT
JK:TCPI
|
0.023x |
|
Kadant Inc
NYSE:KAI
|
0.054x |
|
Alm. Brand
CO:ALMB
|
-0.023x |
Annual Cash Flow Conversion Efficiency for Xinyi Solar Holdings Ltd (2013–2024)
The table below shows the annual cash flow conversion efficiency of Xinyi Solar Holdings Ltd from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see Xinyi Solar Holdings Ltd (13X) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €34.41 Billion ≈ $40.23 Billion |
€1.24 Billion ≈ $1.44 Billion |
0.036x | -76.53% |
| 2023-12-31 | €37.86 Billion ≈ $44.26 Billion |
€5.79 Billion ≈ $6.77 Billion |
0.153x | -8.55% |
| 2022-12-31 | €35.23 Billion ≈ $41.19 Billion |
€5.89 Billion ≈ $6.89 Billion |
0.167x | +65.44% |
| 2021-12-31 | €35.90 Billion ≈ $41.97 Billion |
€3.63 Billion ≈ $4.24 Billion |
0.101x | -24.44% |
| 2020-12-31 | €32.02 Billion ≈ $37.44 Billion |
€4.28 Billion ≈ $5.01 Billion |
0.134x | +56.99% |
| 2019-12-31 | €18.57 Billion ≈ $21.71 Billion |
€1.58 Billion ≈ $1.85 Billion |
0.085x | -55.52% |
| 2018-12-31 | €12.06 Billion ≈ $14.10 Billion |
€2.31 Billion ≈ $2.70 Billion |
0.192x | +72.38% |
| 2017-12-31 | €11.68 Billion ≈ $13.66 Billion |
€1.30 Billion ≈ $1.52 Billion |
0.111x | +21.26% |
| 2016-12-31 | €7.43 Billion ≈ $8.68 Billion |
€680.82 Million ≈ $795.95 Million |
0.092x | -25.79% |
| 2015-12-31 | €6.89 Billion ≈ $8.06 Billion |
€851.12 Million ≈ $995.05 Million |
0.124x | -42.90% |
| 2014-12-31 | €3.31 Billion ≈ $3.86 Billion |
€715.01 Million ≈ $835.93 Million |
0.216x | -23.55% |
| 2013-12-31 | €2.31 Billion ≈ $2.70 Billion |
€653.69 Million ≈ $764.23 Million |
0.283x | -- |
About Xinyi Solar Holdings Ltd
Xinyi Solar Holdings Limited, an investment holding company, produces, sells, and trades in solar glass products in Mainland China, rest of Asia, North America, Europe, and internationally. It operates through two segments, Sales of Solar Glass and Solar Farm Business. The company offers ultra-clear patterned solar glasses, back glasses, and anti-reflective coating solar glasses. It also develops… Read more