Tiangong International Company Limited
Tiangong International Company Limited, together with its subsidiaries, manufactures and sells alloy steel, cutting tools, titanium alloys, and related products. The company is involved in the trading of goods and special steel; provision of investment management and advisory related services; processes and sells electric tool sets; manufacturing and selling of die steel and high-speed steel; and… Read more
Tiangong International Company Limited (34T1) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.011x
Based on the latest financial reports, Tiangong International Company Limited (34T1) has a cash flow conversion efficiency ratio of 0.011x 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 (€76.85 Million) by net assets (€7.21 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Tiangong International Company Limited - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Tiangong International Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Tiangong International Company Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tiangong International Company Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Dalian Friendship Group Co Ltd
SHE:000679
|
-0.239x |
|
Tangshan Jidong Equipment Engineering Co Ltd
SHE:000856
|
-0.031x |
|
Suzhou Institute of Building Science Group Co Ltd
SHG:603183
|
-0.004x |
|
TOD'S S.p.A
PINK:TODGF
|
0.041x |
|
SGC Energy Co Ltd
KO:005090
|
-0.033x |
|
Turvo International Co Ltd
TW:2233
|
0.030x |
|
DI Dong Il Corp
KO:001530
|
-0.021x |
|
Mo-Bruk SA
WAR:MBR
|
-0.056x |
Annual Cash Flow Conversion Efficiency for Tiangong International Company Limited (2013–2024)
The table below shows the annual cash flow conversion efficiency of Tiangong International Company Limited from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €7.45 Billion | €501.76 Million | 0.067x | +801.84% |
| 2023-12-31 | €7.38 Billion | €55.13 Million | 0.007x | -82.44% |
| 2022-12-31 | €7.14 Billion | €303.55 Million | 0.043x | +1477.64% |
| 2021-12-31 | €6.89 Billion | €18.57 Million | 0.003x | -73.85% |
| 2020-12-31 | €5.64 Billion | €58.12 Million | 0.010x | -86.55% |
| 2019-12-31 | €5.20 Billion | €398.67 Million | 0.077x | -54.43% |
| 2018-12-31 | €4.82 Billion | €810.90 Million | 0.168x | +236.49% |
| 2017-12-31 | €4.30 Billion | €215.01 Million | 0.050x | -58.03% |
| 2016-12-31 | €4.16 Billion | €494.77 Million | 0.119x | -27.03% |
| 2015-12-31 | €3.88 Billion | €632.53 Million | 0.163x | +13.26% |
| 2014-12-31 | €3.93 Billion | €566.20 Million | 0.144x | +425.85% |
| 2013-12-31 | €3.18 Billion | €87.09 Million | 0.027x | -- |