Sunny Optical Technology (Group) Company Limited (SXC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Sunny Optical Technology (Group) Company Limited (SXC) has a cash flow conversion efficiency ratio of 0.024x 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 (€526.82 Million ≈ $615.91 Million USD) by net assets (€22.19 Billion ≈ $25.94 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Sunny Optical Technology (Group) Company Limited - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Sunny Optical Technology (Group) Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Sunny Optical Technology (Group) Company debt and liabilities for a breakdown of total debt and financial obligations.
Sunny Optical Technology (Group) Company Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sunny Optical Technology (Group) Company Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Western Alliance Bancorporation
NYSE:WAL
|
-0.009x |
|
NexGen Energy Ltd.
TO:NXE
|
-0.011x |
|
Vienna Insurance Group AG
VI:VIG
|
0.022x |
|
Trelleborg AB (publ)
ST:TREL-B
|
0.032x |
|
Charles River Laboratories
NYSE:CRL
|
0.062x |
|
Companhia Paranaense de Energia - COPEL
NYSE:ELPC
|
0.006x |
|
National Aluminium Company Limited
NSE:NATIONALUM
|
0.137x |
|
NIBE Industrier AB (publ)
ST:NIBE-B
|
0.161x |
Annual Cash Flow Conversion Efficiency for Sunny Optical Technology (Group) Company Limited (2016–2024)
The table below shows the annual cash flow conversion efficiency of Sunny Optical Technology (Group) Company Limited from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Sunny Optical Technology (Group) Company.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €25.29 Billion ≈ $29.57 Billion |
€3.46 Billion ≈ $4.04 Billion |
0.137x | +17.32% |
| 2023-12-31 | €22.88 Billion ≈ $26.75 Billion |
€2.66 Billion ≈ $3.12 Billion |
0.116x | -64.99% |
| 2022-12-31 | €22.18 Billion ≈ $25.93 Billion |
€7.38 Billion ≈ $8.62 Billion |
0.333x | -0.43% |
| 2021-12-31 | €20.90 Billion ≈ $24.43 Billion |
€6.98 Billion ≈ $8.16 Billion |
0.334x | -21.51% |
| 2020-12-31 | €16.83 Billion ≈ $19.67 Billion |
€7.16 Billion ≈ $8.37 Billion |
0.426x | +16.17% |
| 2019-12-31 | €12.73 Billion ≈ $14.88 Billion |
€4.66 Billion ≈ $5.45 Billion |
0.366x | -4.64% |
| 2018-12-31 | €9.29 Billion ≈ $10.86 Billion |
€3.57 Billion ≈ $4.17 Billion |
0.384x | +18.56% |
| 2017-12-31 | €7.52 Billion ≈ $8.79 Billion |
€2.44 Billion ≈ $2.85 Billion |
0.324x | -1.46% |
| 2016-12-31 | €4.91 Billion ≈ $5.74 Billion |
€1.62 Billion ≈ $1.89 Billion |
0.329x | -- |
About Sunny Optical Technology (Group) Company Limited
Sunny Optical Technology (Group) Company Limited, an investment holding company, engages in designing, researching, developing, manufacturing, and selling optical and optical related products, and scientific instruments. It operates through Optical Components, Optoelectronic Products, and Optical Instruments segments. The Optical Components segment offers vehicle lens sets and optical parts for v… Read more