CSSC Offshore & Marine Engineering (Group) Co Ltd (GSZ) - Cash Flow Conversion Efficiency
Based on the latest financial reports, CSSC Offshore & Marine Engineering (Group) Co Ltd (GSZ) has a cash flow conversion efficiency ratio of -0.140x 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 (€-2.82 Billion ≈ $-3.30 Billion USD) by net assets (€20.12 Billion ≈ $23.52 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
CSSC Offshore & Marine Engineering (Group) Co Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how CSSC Offshore & Marine Engineering (Group) Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does CSSC Offshore & Marine Engineering (Grou carry for a breakdown of total debt and financial obligations.
CSSC Offshore & Marine Engineering (Group) Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of CSSC Offshore & Marine Engineering (Group) Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
LG Chem Ltd
KO:051915
|
0.053x |
|
Certara Inc
NASDAQ:CERT
|
0.027x |
|
Compass Minerals International Inc
NYSE:CMP
|
-0.142x |
|
Hyundai Development Co
KO:294870
|
-0.110x |
|
Summit
TA:SMT
|
0.016x |
|
Bata India Limited
NSE:BATAINDIA
|
0.174x |
|
Anhui Huaheng Biotechnology Co. Ltd. A
SHG:688639
|
0.015x |
|
Altri SGPS SA
LS:ALTR
|
0.074x |
Annual Cash Flow Conversion Efficiency for CSSC Offshore & Marine Engineering (Group) Co Ltd (2013–2024)
The table below shows the annual cash flow conversion efficiency of CSSC Offshore & Marine Engineering (Group) Co Ltd from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see GSZ market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €21.17 Billion ≈ $24.75 Billion |
€-2.20 Billion ≈ $-2.57 Billion |
-0.104x | -161.40% |
| 2023-12-31 | €19.61 Billion ≈ $22.92 Billion |
€3.31 Billion ≈ $3.87 Billion |
0.169x | +57.18% |
| 2022-12-31 | €18.75 Billion ≈ $21.92 Billion |
€2.02 Billion ≈ $2.36 Billion |
0.107x | -54.04% |
| 2021-12-31 | €18.67 Billion ≈ $21.83 Billion |
€4.37 Billion ≈ $5.10 Billion |
0.234x | +500.56% |
| 2020-12-31 | €17.55 Billion ≈ $20.52 Billion |
€-1.02 Billion ≈ $-1.20 Billion |
-0.058x | -124.29% |
| 2019-12-31 | €15.55 Billion ≈ $18.18 Billion |
€3.74 Billion ≈ $4.37 Billion |
0.240x | +323.27% |
| 2018-12-31 | €14.36 Billion ≈ $16.78 Billion |
€-1.54 Billion ≈ $-1.81 Billion |
-0.108x | -58.46% |
| 2017-12-31 | €11.95 Billion ≈ $13.97 Billion |
€-811.26 Million ≈ $-948.45 Million |
-0.068x | +81.20% |
| 2016-12-31 | €10.41 Billion ≈ $12.17 Billion |
€-3.76 Billion ≈ $-4.40 Billion |
-0.361x | -253.97% |
| 2015-12-31 | €10.37 Billion ≈ $12.12 Billion |
€-1.06 Billion ≈ $-1.24 Billion |
-0.102x | -934.84% |
| 2014-12-31 | €8.71 Billion ≈ $10.18 Billion |
€106.46 Million ≈ $124.46 Million |
0.012x | +318.54% |
| 2013-12-31 | €3.93 Billion ≈ $4.59 Billion |
€-21.97 Million ≈ $-25.69 Million |
-0.006x | -- |
About CSSC Offshore & Marine Engineering (Group) Co Ltd
CSSC Offshore & Marine Engineering (Group) Company Limited manufactures and sells marine and defense equipment in the People's Republic of China, other regions in Asia, Europe, Oceania, North America, South America, and Africa. It offers marine defense, transportation, development, and technology application equipment. The company also provides defense equipment products, such as military ships, … Read more