China Resources Gas Group Limited (LGX1) - Cash Flow Conversion Efficiency
Based on the latest financial reports, China Resources Gas Group Limited (LGX1) has a cash flow conversion efficiency ratio of 0.041x 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 (€2.38 Billion) by net assets (€57.78 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
China Resources Gas Group Limited - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how China Resources Gas Group Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
China Resources Gas Group Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of China Resources Gas Group Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Guizhou Space Appliance Co Ltd
SHE:002025
|
-0.065x |
|
Plexus Corp
NASDAQ:PLXS
|
-0.010x |
|
JA Solar Technology Co Ltd
SHE:002459
|
0.010x |
|
Genesis Minerals Ltd
AU:GMD
|
0.256x |
|
Sunway Healthcare Holdings Berhad
KLSE:5555
|
0.051x |
|
ServiceTitan, Inc. Class A Common Stock
NASDAQ:TTAN
|
26.606x |
|
Beijing Yanjing Brewery Co Ltd
SHE:000729
|
0.073x |
|
Grupo Catalana Occidente
MC:GCO
|
0.098x |
Annual Cash Flow Conversion Efficiency for China Resources Gas Group Limited (2013–2024)
The table below shows the annual cash flow conversion efficiency of China Resources Gas Group Limited from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €63.97 Billion | €7.00 Billion | 0.109x | -31.69% |
| 2023-12-31 | €63.38 Billion | €10.16 Billion | 0.160x | +93.48% |
| 2022-12-31 | €52.54 Billion | €4.35 Billion | 0.083x | -46.66% |
| 2021-12-31 | €54.04 Billion | €8.39 Billion | 0.155x | -15.54% |
| 2020-12-31 | €46.87 Billion | €8.62 Billion | 0.184x | -24.44% |
| 2019-12-31 | €35.36 Billion | €8.60 Billion | 0.243x | -7.81% |
| 2018-12-31 | €31.61 Billion | €8.34 Billion | 0.264x | -1.26% |
| 2017-12-31 | €29.17 Billion | €7.80 Billion | 0.267x | -13.97% |
| 2016-12-31 | €23.70 Billion | €7.36 Billion | 0.311x | +22.79% |
| 2015-12-31 | €22.49 Billion | €5.69 Billion | 0.253x | -2.38% |
| 2014-12-31 | €21.13 Billion | €5.48 Billion | 0.259x | -14.92% |
| 2013-12-31 | €18.62 Billion | €5.67 Billion | 0.305x | -- |
About China Resources Gas Group Limited
China Resources Gas Group Limited, an investment holding company, engages in the sale of natural and liquefied gas and connection of gas pipelines. The company operates through Sale and Distribution of Gas Fuel and Related Products, Gas Connection, Comprehensive Services, Design and Construction Services, and Gas Stations segments. The Sale and Distribution of Gas Fuel and Related Products segmen… Read more