Angang Steel Company Limited (GNV) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Angang Steel Company Limited (GNV) has a cash flow conversion efficiency ratio of 0.006x as of September 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 (€359.00 Million ≈ $419.71 Million USD) by net assets (€56.73 Billion ≈ $66.33 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 GNV net asset quality index to measure how much of total assets are equity-financed.
Angang Steel Company Limited - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Angang Steel Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Angang Steel Company Limited's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Angang Steel Company Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Angang Steel Company Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Information Services Group Inc
NASDAQ:III
|
-0.007x |
|
Nepes Ark Corp.
KQ:330860
|
0.038x |
|
Nasmed Ozel Saglik Hizmetleri Ticaret AS
IS:EGEPO
|
0.093x |
|
Vendome Acquisition Corporation I Class A Ordinary Shares
NASDAQ:VNME
|
-0.289x |
|
Asia Cement
KO:002030
|
0.021x |
|
Titomic Ltd
AU:TTT
|
-0.311x |
|
Perma-Fix Environmental Svcs Inc
NASDAQ:PESI
|
-0.088x |
|
Gamehost Inc.
TO:GH
|
0.046x |
Annual Cash Flow Conversion Efficiency for Angang Steel Company Limited (2013–2024)
The table below shows the annual cash flow conversion efficiency of Angang Steel Company Limited from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see Angang Steel Company Limited stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €48.67 Billion ≈ $56.90 Billion |
€-787.00 Million ≈ $-920.09 Million |
-0.016x | -154.71% |
| 2023-12-31 | €55.39 Billion ≈ $64.76 Billion |
€1.64 Billion ≈ $1.91 Billion |
0.030x | -71.69% |
| 2022-12-31 | €58.80 Billion ≈ $68.74 Billion |
€6.14 Billion ≈ $7.18 Billion |
0.104x | -51.41% |
| 2021-12-31 | €60.19 Billion ≈ $70.37 Billion |
€12.94 Billion ≈ $15.12 Billion |
0.215x | +16.72% |
| 2020-12-31 | €53.86 Billion ≈ $62.97 Billion |
€9.92 Billion ≈ $11.59 Billion |
0.184x | -3.45% |
| 2019-12-31 | €52.55 Billion ≈ $61.43 Billion |
€10.02 Billion ≈ $11.71 Billion |
0.191x | +20.62% |
| 2018-12-31 | €52.47 Billion ≈ $61.34 Billion |
€8.29 Billion ≈ $9.70 Billion |
0.158x | +22.96% |
| 2017-12-31 | €50.39 Billion ≈ $58.91 Billion |
€6.48 Billion ≈ $7.57 Billion |
0.129x | +33.88% |
| 2016-12-31 | €45.29 Billion ≈ $52.95 Billion |
€4.35 Billion ≈ $5.08 Billion |
0.096x | -18.34% |
| 2015-12-31 | €43.68 Billion ≈ $51.07 Billion |
€5.14 Billion ≈ $6.01 Billion |
0.118x | +165.23% |
| 2014-12-31 | €48.20 Billion ≈ $56.35 Billion |
€2.14 Billion ≈ $2.50 Billion |
0.044x | -80.23% |
| 2013-12-31 | €47.09 Billion ≈ $55.05 Billion |
€10.56 Billion ≈ $12.35 Billion |
0.224x | -- |
About Angang Steel Company Limited
Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People's Republic of China and internationally. Its principal products include hot rolled sheets, medium and high sheets, cold rolled sheets, galvanized steel sheets, color coating sheets, cold rolled silicon steel, heavy rails and profiles, seamless steel pipes, and wire rods. The company also e… Read more