Shandong Molong Petroleum Machinery Company Limited (PXI) - 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. See PXI net asset quality score to measure how much of total assets are equity-financed.
Shandong Molong Petroleum Machinery Company Limited - Cash Flow Conversion Efficiency Trend (2013–2023)
This chart illustrates how Shandong Molong Petroleum Machinery Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Shandong Molong Petroleum Machinery Comp's earnings quality to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Azerion Group N.V.
AS:AZRN
|
-0.328x |
|
Green Landscaping Group AB (publ)
ST:GREEN
|
0.078x |
|
Home Center Holdings Co.Ltd
KQ:060560
|
0.000x |
|
Evolution Petroleum Corporation Inc
NYSE MKT:EPM
|
0.080x |
|
GPT Infraprojects Limited
NSE:GPTINFRA
|
0.021x |
|
Alcatel Lucent Teletas Telekomunikasyon AS
IS:ALCTL
|
-0.122x |
|
Elanor Commercial Property Fund
AU:ECF
|
0.066x |
|
Orion Office Reit Inc
NYSE:ONL
|
-0.013x |
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. For the full company profile with market capitalisation and key ratios, see PXI stock market capitalisation.
| 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
Shandong Molong Petroleum Machinery Company Limited, together with its subsidiaries, engages in the design, research and development, production, and sale of products and services for the energy equipment industry in the People's Republic of China and internationally. It operates through Pipe Products; Oil sucker, sucker pump, sucker rod; Petroleum Machinery Parts; Casting and Forging; and Others… Read more