Grand Baoxin Auto Group Limited Cash Flow Conversion Efficiency
Grand Baoxin Auto Group Limited cash flow conversion efficiency. Based on the latest financial reports, Grand Baoxin Auto Group Limited (6BA) has a cash flow conversion efficiency ratio of -0.007x 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 (€-52.32 Million ≈ $-61.17 Million USD) by net assets (€7.88 Billion ≈ $9.22 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Grand Baoxin Auto Group Limited (2013–2023)
Cash flow conversion efficiency of Grand Baoxin Auto Group Limited from 2013 to 2023. This chart illustrates how Grand Baoxin Auto Group Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 6BA share price today for real-time trading data and today's change.
Grand Baoxin Auto Group Limited Cash Flow Conversion Ratio Explained
Grand Baoxin Auto Group Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Grand Baoxin Auto Group Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Grand Baoxin Auto Group Limited ranked by their cash flow conversion efficiency. Also see 6BA market cap for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Aegis Brands Inc
TO:AEG
|
0.013x |
|
Ecocab Co. Ltd
KQ:128540
|
0.095x |
|
JPMorgan Japanese Investment Trust
LSE:JFJ
|
0.001x |
|
MyTech Group Bhd
KLSE:7692
|
0.134x |
|
HK Co. Ltd
KQ:044780
|
0.021x |
|
NSX Ltd
AU:NSX
|
0.587x |
|
Bravada Gold Corporation
V:BVA
|
-0.213x |
|
Daesung Microbiological Labs. Co. Ltd
KQ:036480
|
0.027x |
Annual Cash Flow Conversion Efficiency for Grand Baoxin Auto Group Limited (2013–2023)
The table below shows the annual cash flow conversion efficiency of Grand Baoxin Auto Group Limited from 2013 to 2023. Review how much free cash does Grand Baoxin Auto Group Limited generate to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €7.74 Billion ≈ $9.04 Billion |
€174.39 Million ≈ $203.88 Million |
0.023x | -77.71% |
| 2022-12-31 | €7.67 Billion ≈ $8.97 Billion |
€776.19 Million ≈ $907.45 Million |
0.101x | -41.99% |
| 2021-12-31 | €8.67 Billion ≈ $10.14 Billion |
€1.51 Billion ≈ $1.77 Billion |
0.174x | -34.83% |
| 2020-12-31 | €8.01 Billion ≈ $9.37 Billion |
€2.14 Billion ≈ $2.51 Billion |
0.268x | +210.93% |
| 2019-12-31 | €7.70 Billion ≈ $9.00 Billion |
€662.25 Million ≈ $774.24 Million |
0.086x | -13.49% |
| 2018-12-31 | €7.10 Billion ≈ $8.30 Billion |
€706.01 Million ≈ $825.40 Million |
0.099x | -28.57% |
| 2017-12-31 | €6.86 Billion ≈ $8.02 Billion |
€955.11 Million ≈ $1.12 Billion |
0.139x | -48.15% |
| 2016-12-31 | €5.04 Billion ≈ $5.89 Billion |
€1.35 Billion ≈ $1.58 Billion |
0.269x | +127.02% |
| 2015-12-31 | €4.97 Billion ≈ $5.81 Billion |
€588.16 Million ≈ $687.63 Million |
0.118x | -58.80% |
| 2014-12-31 | €5.15 Billion ≈ $6.02 Billion |
€1.48 Billion ≈ $1.73 Billion |
0.287x | +92.69% |
| 2013-12-31 | €4.72 Billion ≈ $5.52 Billion |
€703.66 Million ≈ $822.65 Million |
0.149x | -- |
About Grand Baoxin Auto Group Limited
Grand Baoxin Auto Group Limited, an investment holding company, engages in the sale and service of motor vehicles primarily in Mainland China. The company offers maintenance, repair, and after-sales services. It also engages in finance leasing related activities. In addition, the company is involved in automobile finance and insurance businesses. Grand Baoxin Auto Group Limited is headquartered i… Read more