China Galaxy Securities Co Ltd (CGL) - Cash Flow Conversion Efficiency
Based on the latest financial reports, China Galaxy Securities Co Ltd (CGL) has a cash flow conversion efficiency ratio of -0.533x as of June 2024. 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 (€-71.35 Billion ≈ $-83.42 Billion USD) by net assets (€133.96 Billion ≈ $156.61 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
China Galaxy Securities Co Ltd - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how China Galaxy Securities Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read China Galaxy Securities Co Ltd (CGL) financial obligations for a breakdown of total debt and financial obligations.
China Galaxy Securities Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of China Galaxy Securities Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Grandblue Environment Co Ltd
SHG:600323
|
0.085x |
|
Carnival Corporation & plc
F:POH1
|
0.116x |
|
Chipbond Technology
TWO:6147
|
0.042x |
|
Torex Gold Resources Inc
TO:TXG
|
0.096x |
|
Jointown Pharmaceutical Group Co Ltd
SHG:600998
|
0.015x |
|
Ajanta Pharma Limited
NSE:AJANTPHARM
|
0.066x |
|
Peyto Exploration&Development Corp
TO:PEY
|
0.081x |
|
Kenon Holdings
TA:KEN
|
0.034x |
Annual Cash Flow Conversion Efficiency for China Galaxy Securities Co Ltd (2021–2024)
The table below shows the annual cash flow conversion efficiency of China Galaxy Securities Co Ltd from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see CGL company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €140.50 Billion ≈ $164.26 Billion |
€-6.47 Billion ≈ $-7.56 Billion |
-0.046x | +80.10% |
| 2023-12-31 | €130.49 Billion ≈ $152.56 Billion |
€-30.19 Billion ≈ $-35.30 Billion |
-0.231x | -182.37% |
| 2022-12-31 | €102.62 Billion ≈ $119.98 Billion |
€28.83 Billion ≈ $33.70 Billion |
0.281x | +31.54% |
| 2021-12-31 | €98.98 Billion ≈ $115.72 Billion |
€21.14 Billion ≈ $24.71 Billion |
0.214x | -- |
About China Galaxy Securities Co Ltd
China Galaxy Securities Co., Ltd., together with its subsidiaries, provides various financial services in China, Hong Kong, and internationally. The company operates through six segments: Wealth Management, Investment Banking, Institutional Business, International Business, Investment and Trading Business, and Parent-Subsidiary Integration Business. It offers agency trading of stocks, funds, bond… Read more