China Oilfield Services Limited (CO9) - Cash Flow Conversion Efficiency
Based on the latest financial reports, China Oilfield Services Limited (CO9) has a cash flow conversion efficiency ratio of 0.031x 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 (€1.25 Billion ≈ $1.46 Billion USD) by net assets (€40.60 Billion ≈ $47.47 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
China Oilfield Services Limited - Cash Flow Conversion Efficiency Trend (2013–2025)
This chart illustrates how China Oilfield Services Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read CO9 total debt and obligations for a breakdown of total debt and financial obligations.
China Oilfield Services Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of China Oilfield Services Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shenzhen Airport Co Ltd
SHE:000089
|
0.037x |
|
Tenable Holdings Inc
NASDAQ:TENB
|
0.258x |
|
Lizhong Sitong Light Alloys Group Co Ltd
SHE:300428
|
-0.030x |
|
Northwest Natural Gas Co
NYSE:NWN
|
0.002x |
|
KWS SAAT SE & Co. KGaA
F:KWS
|
-0.054x |
|
NagaCorp Ltd
F:N9J
|
0.029x |
|
Shenyang Jinshan Energy Co Ltd
SHG:600396
|
0.098x |
|
Suzhou Veichi Electric Co. Ltd. A
SHG:688698
|
-0.007x |
Annual Cash Flow Conversion Efficiency for China Oilfield Services Limited (2013–2025)
The table below shows the annual cash flow conversion efficiency of China Oilfield Services Limited from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see CO9 market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | €47.15 Billion ≈ $55.12 Billion |
€11.29 Billion ≈ $13.20 Billion |
0.239x | -3.45% |
| 2024-12-31 | €44.42 Billion ≈ $51.94 Billion |
€11.02 Billion ≈ $12.88 Billion |
0.248x | -19.98% |
| 2023-12-31 | €42.26 Billion ≈ $49.40 Billion |
€13.10 Billion ≈ $15.31 Billion |
0.310x | +79.21% |
| 2022-12-31 | €39.90 Billion ≈ $46.65 Billion |
€6.90 Billion ≈ $8.07 Billion |
0.173x | -10.98% |
| 2021-12-31 | €38.22 Billion ≈ $44.68 Billion |
€7.42 Billion ≈ $8.68 Billion |
0.194x | -0.39% |
| 2020-12-31 | €38.69 Billion ≈ $45.23 Billion |
€7.55 Billion ≈ $8.82 Billion |
0.195x | +3.30% |
| 2019-12-31 | €36.91 Billion ≈ $43.15 Billion |
€6.97 Billion ≈ $8.15 Billion |
0.189x | +56.91% |
| 2018-12-31 | €34.68 Billion ≈ $40.54 Billion |
€4.17 Billion ≈ $4.88 Billion |
0.120x | -24.02% |
| 2017-12-31 | €34.68 Billion ≈ $40.54 Billion |
€5.49 Billion ≈ $6.42 Billion |
0.158x | +103.95% |
| 2016-12-31 | €35.30 Billion ≈ $41.27 Billion |
€2.74 Billion ≈ $3.20 Billion |
0.078x | -44.54% |
| 2015-12-31 | €46.83 Billion ≈ $54.75 Billion |
€6.56 Billion ≈ $7.66 Billion |
0.140x | -34.79% |
| 2014-12-31 | €47.32 Billion ≈ $55.32 Billion |
€10.16 Billion ≈ $11.88 Billion |
0.215x | -5.48% |
| 2013-12-31 | €37.26 Billion ≈ $43.56 Billion |
€8.46 Billion ≈ $9.89 Billion |
0.227x | -- |
About China Oilfield Services Limited
China Oilfield Services Limited, together with its subsidiaries, provides integrated oilfield services in China, Indonesia, Mexico, Norway, the Middle East, and internationally. The company operates through four divisions: Geophysical Services, Drilling Services, Well Services, and Marine and Transportation Services. It offers drilling services, including drilling lift boats and accommodation and… Read more