Da Ming International Holdings Limited (DM7) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Da Ming International Holdings Limited (DM7) has a cash flow conversion efficiency ratio of -0.079x 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 (€-277.89 Million ≈ $-324.88 Million USD) by net assets (€3.52 Billion ≈ $4.12 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Da Ming International Holdings Limited - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Da Ming International Holdings Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Da Ming International Holdings Limited total liabilities for a breakdown of total debt and financial obligations.
Da Ming International Holdings Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Da Ming International Holdings Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hankook Cosmet
KO:123690
|
0.050x |
|
Cherry Hill Mortgage Investment Corp
NYSE:CHMI
|
0.035x |
|
Adverum Biotechnologies Inc
NASDAQ:ADVM
|
0.505x |
|
Ablerex Electronics Co Ltd
TWO:3628
|
0.104x |
|
Super Dragon Technology Co Ltd
TW:9955
|
-0.060x |
|
Tainan Enterprises Co Ltd
TW:1473
|
0.064x |
|
Genovate Biotechnology Co Ltd
TWO:4130
|
0.012x |
|
Cavatina Holding S.A.
WAR:CAV
|
0.003x |
Annual Cash Flow Conversion Efficiency for Da Ming International Holdings Limited (2013–2024)
The table below shows the annual cash flow conversion efficiency of Da Ming International Holdings Limited from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Da Ming International Holdings Limited.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €2.86 Billion ≈ $3.35 Billion |
€439.46 Million ≈ $513.78 Million |
0.153x | +648.14% |
| 2023-12-31 | €3.28 Billion ≈ $3.84 Billion |
€67.28 Million ≈ $78.66 Million |
0.021x | -73.61% |
| 2022-12-31 | €3.50 Billion ≈ $4.10 Billion |
€272.28 Million ≈ $318.32 Million |
0.078x | -33.23% |
| 2021-12-31 | €3.75 Billion ≈ $4.38 Billion |
€436.24 Million ≈ $510.01 Million |
0.116x | +13.15% |
| 2020-12-31 | €3.32 Billion ≈ $3.88 Billion |
€340.97 Million ≈ $398.63 Million |
0.103x | +155.80% |
| 2019-12-31 | €2.93 Billion ≈ $3.43 Billion |
€117.95 Million ≈ $137.89 Million |
0.040x | -71.40% |
| 2018-12-31 | €2.85 Billion ≈ $3.33 Billion |
€400.95 Million ≈ $468.76 Million |
0.141x | -63.69% |
| 2017-12-31 | €2.70 Billion ≈ $3.15 Billion |
€1.04 Billion ≈ $1.22 Billion |
0.387x | +2406.70% |
| 2016-12-31 | €2.41 Billion ≈ $2.82 Billion |
€-40.51 Million ≈ $-47.36 Million |
-0.017x | +53.19% |
| 2015-12-31 | €2.04 Billion ≈ $2.39 Billion |
€-73.25 Million ≈ $-85.64 Million |
-0.036x | -111.64% |
| 2014-12-31 | €2.01 Billion ≈ $2.35 Billion |
€618.15 Million ≈ $722.68 Million |
0.308x | +241.14% |
| 2013-12-31 | €1.75 Billion ≈ $2.05 Billion |
€158.32 Million ≈ $185.10 Million |
0.090x | -- |
About Da Ming International Holdings Limited
Da Ming International Holdings Limited processes, distributes, and sells stainless steel and carbon steel products and components, and equipment in the Mainland China. The company operates through Processing and Manufacturing segments. It offers high strength steel, wear-resistant steel, regular stainless steel, duel phase steel, heat-resistant steel, nickel based alloy, super austenitic-steel, a… Read more