Chongqing Machinery & Electric Co. Ltd (CE3) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Chongqing Machinery & Electric Co. Ltd (CE3) has a cash flow conversion efficiency ratio of 0.001x 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 (€11.67 Million ≈ $13.64 Million USD) by net assets (€8.10 Billion ≈ $9.47 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 CE3 equity financing ratio to measure how much of total assets are equity-financed.
Chongqing Machinery & Electric Co. Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Chongqing Machinery & Electric Co. Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Chongqing Machinery & Electric Co. Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Chongqing Machinery & Electric Co. Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Chongqing Machinery & Electric Co. Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shin Ruenn Development Co Ltd
TWO:6186
|
0.299x |
|
Enter Air S.A.
WAR:ENT
|
0.522x |
|
Hennessy Capital Investment Corp. VII Unit
NASDAQ:HVIIU
|
-0.004x |
|
KPM TECH Co. Ltd
KQ:042040
|
0.241x |
|
G1 Secure Solutions Ltd
TA:GOSS
|
0.143x |
|
Myer Holdings Ltd
AU:MYR
|
0.295x |
|
Saha-Union Public Company Limited
BK:SUC
|
0.010x |
|
Keysino Separation Technology Inc
SHE:300899
|
0.007x |
Annual Cash Flow Conversion Efficiency for Chongqing Machinery & Electric Co. Ltd (2013–2024)
The table below shows the annual cash flow conversion efficiency of Chongqing Machinery & Electric Co. Ltd from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see CE3 market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €8.59 Billion ≈ $10.04 Billion |
€718.30 Million ≈ $839.76 Million |
0.084x | +372.94% |
| 2023-12-31 | €8.24 Billion ≈ $9.63 Billion |
€145.76 Million ≈ $170.41 Million |
0.018x | -40.67% |
| 2022-12-31 | €8.02 Billion ≈ $9.37 Billion |
€239.07 Million ≈ $279.49 Million |
0.030x | -39.29% |
| 2021-12-31 | €7.81 Billion ≈ $9.14 Billion |
€383.75 Million ≈ $448.64 Million |
0.049x | +114.05% |
| 2020-12-31 | €7.48 Billion ≈ $8.74 Billion |
€171.52 Million ≈ $200.53 Million |
0.023x | +39.18% |
| 2019-12-31 | €7.29 Billion ≈ $8.52 Billion |
€120.17 Million ≈ $140.49 Million |
0.016x | +45.98% |
| 2018-12-31 | €7.23 Billion ≈ $8.45 Billion |
€81.64 Million ≈ $95.45 Million |
0.011x | +109.94% |
| 2017-12-31 | €7.03 Billion ≈ $8.21 Billion |
€-797.85 Million ≈ $-932.77 Million |
-0.114x | -203.79% |
| 2016-12-31 | €7.02 Billion ≈ $8.20 Billion |
€-262.32 Million ≈ $-306.68 Million |
-0.037x | -235.51% |
| 2015-12-31 | €6.55 Billion ≈ $7.66 Billion |
€180.82 Million ≈ $211.40 Million |
0.028x | +730.34% |
| 2014-12-31 | €6.25 Billion ≈ $7.31 Billion |
€-27.36 Million ≈ $-31.98 Million |
-0.004x | +80.82% |
| 2013-12-31 | €5.89 Billion ≈ $6.88 Billion |
€-134.31 Million ≈ $-157.03 Million |
-0.023x | -- |
About Chongqing Machinery & Electric Co. Ltd
Chongqing Machinery & Electric Co., Ltd., together with its subsidiaries, designs, manufactures, and sells clean energy equipment and high-end smart manufacturing equipment. It operates through nine segments: Engine, General Machinery, Wind Turbine Blade, Wire and Cable, Intelligent Manufacturing, CNC machine tools, High voltage transformer, Material Sales, Financial services, and Other segments.… Read more