Maanshan Iron & Steel Company Limited (YM9A) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Maanshan Iron & Steel Company Limited (YM9A) has a cash flow conversion efficiency ratio of 0.008x 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 (€253.45 Million) by net assets (€30.56 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Maanshan Iron & Steel Company Limited - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Maanshan Iron & Steel Company 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.
Maanshan Iron & Steel Company Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Maanshan Iron & Steel Company Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Fenix Outdoor International AG
ST:FOI-B
|
0.140x |
|
Longjian Road & Bridge Co Ltd
SHG:600853
|
0.111x |
|
Yinchuan Xinhua Commercial Group Co Ltd
SHG:600785
|
0.170x |
|
Tengda Construction Group Co Ltd
SHG:600512
|
-0.002x |
|
WashTec AG
XETRA:WSU
|
0.123x |
|
Zhejiang Whyis Technology Co.Ltd.
SHE:301218
|
N/A |
|
Ares Acquisition Corporation II
NYSE:AACT
|
-0.003x |
|
WELL HEALTH TECHS
F:W7V
|
N/A |
Annual Cash Flow Conversion Efficiency for Maanshan Iron & Steel Company Limited (2013–2024)
The table below shows the annual cash flow conversion efficiency of Maanshan Iron & Steel Company Limited from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €27.32 Billion | €960.87 Million | 0.035x | -43.00% |
| 2023-12-31 | €32.28 Billion | €1.99 Billion | 0.062x | -69.04% |
| 2022-12-31 | €33.33 Billion | €6.64 Billion | 0.199x | -55.55% |
| 2021-12-31 | €37.41 Billion | €16.77 Billion | 0.448x | +427.78% |
| 2020-12-31 | €32.61 Billion | €2.77 Billion | 0.085x | -66.69% |
| 2019-12-31 | €30.84 Billion | €7.87 Billion | 0.255x | -41.17% |
| 2018-12-31 | €31.99 Billion | €13.87 Billion | 0.434x | +156.72% |
| 2017-12-31 | €27.24 Billion | €4.60 Billion | 0.169x | -19.28% |
| 2016-12-31 | €22.08 Billion | €4.62 Billion | 0.209x | -26.01% |
| 2015-12-31 | €20.74 Billion | €5.87 Billion | 0.283x | +151.34% |
| 2014-12-31 | €25.89 Billion | €2.91 Billion | 0.113x | -43.21% |
| 2013-12-31 | €25.70 Billion | €5.09 Billion | 0.198x | -- |
About Maanshan Iron & Steel Company Limited
Maanshan Iron & Steel Company Limited, together with its subsidiaries, manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally. It provides steel plates, including hot and cold-rolled thin plates, galvanized plates, coil-coating plates, and medium plates; section steel products, such as H-shaped steel and medium-shaped steel; high-… Read more