Spring Art Holdings Bhd
Spring Art Holdings Berhad, an investment holding company, engages in the design, development, manufacture, marketing, and sale of ready-to-assemble furniture products in Malaysia, rest of Asia, Africa, Europe, the Middle East, North America, Latin America, and Oceania. It offers office furniture, such as office workstations, filing cabinets, and pedestals; bedroom furniture, including beds, nigh… Read more
Spring Art Holdings Bhd (0216) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.013x
Based on the latest financial reports, Spring Art Holdings Bhd (0216) has a cash flow conversion efficiency ratio of 0.013x as of September 2025.
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 (RM1.16 Million) by net assets (RM89.28 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Spring Art Holdings Bhd - Cash Flow Conversion Efficiency Trend (2015–2024)
This chart illustrates how Spring Art Holdings Bhd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Spring Art Holdings Bhd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Spring Art Holdings Bhd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hexicon AB
ST:HEXI
|
0.041x |
|
SIPP International Industries Inc
PINK:SIPN
|
-0.228x |
|
Cho Bi
KO:001550
|
0.443x |
|
AUPLATA MIN. GRP EO-0005
F:A7PA
|
N/A |
|
NWP Holdings Bhd
KLSE:5025
|
-0.014x |
|
Pudjiadi & Sons Tbk
JK:PNSE
|
0.115x |
|
Industronics Bhd
KLSE:9393
|
-0.423x |
|
Solution Engineering Holdings Bhd
KLSE:0093
|
0.004x |
Annual Cash Flow Conversion Efficiency for Spring Art Holdings Bhd (2015–2024)
The table below shows the annual cash flow conversion efficiency of Spring Art Holdings Bhd from 2015 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | RM93.77 Million | RM9.77 Million | 0.104x | +6.52% |
| 2023-12-31 | RM86.60 Million | RM8.47 Million | 0.098x | -48.30% |
| 2022-12-31 | RM80.16 Million | RM15.16 Million | 0.189x | +393.72% |
| 2021-12-31 | RM77.63 Million | RM-5.00 Million | -0.064x | -195.26% |
| 2020-12-31 | RM73.52 Million | RM4.97 Million | 0.068x | -64.74% |
| 2019-12-31 | RM64.00 Million | RM12.27 Million | 0.192x | -1.24% |
| 2018-12-31 | RM36.05 Million | RM7.00 Million | 0.194x | -23.03% |
| 2017-12-31 | RM26.81 Million | RM6.76 Million | 0.252x | -48.14% |
| 2016-12-31 | RM18.95 Million | RM9.22 Million | 0.486x | +91.54% |
| 2015-12-31 | RM17.28 Million | RM4.39 Million | 0.254x | -- |