Shandong Molong Petroleum Machinery Company Limited Cash Flow Conversion Efficiency

Latest as of September 2023: 0.067x

Shandong Molong Petroleum Machinery Company Limited cash flow conversion efficiency. Based on the latest financial reports, Shandong Molong Petroleum Machinery Company Limited (PXI) has a cash flow conversion efficiency ratio of 0.067x 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 (€44.17 Million ≈ $51.64 Million USD) by net assets (€657.17 Million ≈ $768.30 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Shandong Molong Petroleum Machinery Company Limited (2013–2023)

Cash flow conversion efficiency of Shandong Molong Petroleum Machinery Company Limited from 2013 to 2023. This chart illustrates how Shandong Molong Petroleum Machinery Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Shandong Molong Petroleum Machinery Comp stock price for real-time trading data and today's change.

Shandong Molong Petroleum Machinery Company Limited Cash Flow Conversion Ratio Explained

Shandong Molong Petroleum Machinery Company Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Shandong Molong Petroleum Machinery Company Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Shandong Molong Petroleum Machinery Company Limited ranked by their cash flow conversion efficiency. Also see market value of Shandong Molong Petroleum Machinery Comp for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Caisse Reg Cred Agric Mut Tourain Poitou PA:CRTO	-0.020x
Synalloy Corporation NASDAQ:ACNT	-0.066x
NovaBridge Biosciences NASDAQ:NBP	-0.082x
King Chou Marine Technology Co Ltd TWO:4417	0.007x
Mega Uranium Ltd. TO:MGA	-0.005x
Ambra SA WAR:AMB	0.218x
The Metals Royalty Company Inc. Common Stock NASDAQ:TMCR	-0.095x
Zapata Computing Holdings Inc. Common Stock NASDAQ:ZPTA	0.032x

Annual Cash Flow Conversion Efficiency for Shandong Molong Petroleum Machinery Company Limited (2013–2023)

The table below shows the annual cash flow conversion efficiency of Shandong Molong Petroleum Machinery Company Limited from 2013 to 2023. Review PXI FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-12-31	€334.70 Million ≈ $391.30 Million	€134.99 Million ≈ $157.82 Million	0.403x	+3290.02%
2022-12-31	€910.35 Million ≈ $1.06 Billion	€-11.51 Million ≈ $-13.46 Million	-0.013x	-148.03%
2021-12-31	€1.36 Billion ≈ $1.59 Billion	€35.79 Million ≈ $41.85 Million	0.026x	-77.08%
2020-12-31	€1.80 Billion ≈ $2.11 Billion	€206.90 Million ≈ $241.89 Million	0.115x	-70.15%
2019-12-31	€1.79 Billion ≈ $2.09 Billion	€688.35 Million ≈ $804.76 Million	0.385x	+109.69%
2018-12-31	€2.01 Billion ≈ $2.35 Billion	€369.59 Million ≈ $432.09 Million	0.183x	+990.40%
2017-12-31	€1.93 Billion ≈ $2.26 Billion	€32.50 Million ≈ $38.00 Million	0.017x	-69.61%
2016-12-31	€1.89 Billion ≈ $2.20 Billion	€104.42 Million ≈ $122.07 Million	0.055x	+581.17%
2015-12-31	€2.54 Billion ≈ $2.97 Billion	€20.63 Million ≈ $24.12 Million	0.008x	-94.42%
2014-12-31	€2.75 Billion ≈ $3.22 Billion	€400.59 Million ≈ $468.33 Million	0.146x	+356.32%
2013-12-31	€2.74 Billion ≈ $3.20 Billion	€-155.48 Million ≈ $-181.77 Million	-0.057x	--

About Shandong Molong Petroleum Machinery Company Limited

F:PXI Germany Oil & Gas Equipment & Services

Market Cap

$123.97 Million

€106.04 Million EUR

Market Cap Rank

#18208 Global

#1699 in Germany

Share Price

€0.41

Change (1 day)

+0.49%

52-Week Range

€0.33 - €1.50

All Time High

€1.50