Grand Baoxin Auto Group Limited (6BA) - 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. See Grand Baoxin Auto Group Limited balance sheet independence to measure how much of total assets are equity-financed.
Grand Baoxin Auto Group Limited - Cash Flow Conversion Efficiency Trend (2013–2023)
This chart illustrates how Grand Baoxin Auto Group Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Grand Baoxin Auto Group Limited to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Painchek Ltd
AU:PCK
|
1.892x |
|
Reading International B Inc
NASDAQ:RDIB
|
-0.285x |
|
Passage Bio Inc
NASDAQ:PASG
|
-0.156x |
|
Chin Yang Chem
KO:051630
|
0.009x |
|
Ancora Indonesia Resources Tbk
JK:OKAS
|
-0.027x |
|
Energisme
PA:ALNRG
|
-1.376x |
|
Leader Steel Holdings Bhd
KLSE:9881
|
0.000x |
|
KOAS Co. Ltd
KO:071950
|
0.001x |
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. For the full company profile with market capitalisation and key ratios, see market value of Grand Baoxin Auto Group Limited.
| 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