Tiangong International Company Limited (34T1) - Cash Flow Conversion Efficiency
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 ≈ $89.84 Million USD) by net assets (€7.21 Billion ≈ $8.42 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 34T1 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Canaccord Genuity Group Inc
TO:CF
|
0.333x |
|
Canadian Solar Inc
NASDAQ:CSIQ
|
-0.026x |
|
Greenworks (Jiangsu) Co. Ltd. A
SHE:301260
|
N/A |
|
SBFC Finance Limited
NSE:SBFC
|
-0.243x |
|
Kinh Bac City Development Share Holding Corp
VN:KBC
|
-0.106x |
|
Safehold Inc
NYSE:SAFE
|
-0.003x |
|
BJs Restaurants Inc
NASDAQ:BJRI
|
0.115x |
|
Brighton-Best International Taiwan
TWO:8415
|
0.015x |
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. For the full company profile with market capitalisation and key ratios, see 34T1 stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €7.45 Billion ≈ $8.71 Billion |
€501.76 Million ≈ $586.61 Million |
0.067x | +801.84% |
| 2023-12-31 | €7.38 Billion ≈ $8.63 Billion |
€55.13 Million ≈ $64.45 Million |
0.007x | -82.44% |
| 2022-12-31 | €7.14 Billion ≈ $8.35 Billion |
€303.55 Million ≈ $354.89 Million |
0.043x | +1477.64% |
| 2021-12-31 | €6.89 Billion ≈ $8.06 Billion |
€18.57 Million ≈ $21.71 Million |
0.003x | -73.85% |
| 2020-12-31 | €5.64 Billion ≈ $6.59 Billion |
€58.12 Million ≈ $67.95 Million |
0.010x | -86.55% |
| 2019-12-31 | €5.20 Billion ≈ $6.08 Billion |
€398.67 Million ≈ $466.08 Million |
0.077x | -54.43% |
| 2018-12-31 | €4.82 Billion ≈ $5.64 Billion |
€810.90 Million ≈ $948.03 Million |
0.168x | +236.49% |
| 2017-12-31 | €4.30 Billion ≈ $5.03 Billion |
€215.01 Million ≈ $251.36 Million |
0.050x | -58.03% |
| 2016-12-31 | €4.16 Billion ≈ $4.86 Billion |
€494.77 Million ≈ $578.44 Million |
0.119x | -27.03% |
| 2015-12-31 | €3.88 Billion ≈ $4.53 Billion |
€632.53 Million ≈ $739.50 Million |
0.163x | +13.26% |
| 2014-12-31 | €3.93 Billion ≈ $4.59 Billion |
€566.20 Million ≈ $661.94 Million |
0.144x | +425.85% |
| 2013-12-31 | €3.18 Billion ≈ $3.72 Billion |
€87.09 Million ≈ $101.81 Million |
0.027x | -- |
About 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