Spring Art Holdings Bhd (0216) - Cash Flow Conversion Efficiency
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 ≈ $290.74K USD) by net assets (RM89.28 Million ≈ $22.41 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 Spring Art Holdings Bhd (0216) net asset quality to measure how much of total assets are equity-financed.
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. Check 0216 cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Bima Sakti Pertiwi Tbk PT
JK:PAMG
|
0.004x |
|
Panda Financial Holding Corp Ltd
SHG:600599
|
0.403x |
|
Satria Antaran Prima Tbk PT
JK:SAPX
|
0.018x |
|
Huize Holding Ltd
NASDAQ:HUIZ
|
-0.197x |
|
Txcom SA
PA:ALTXC
|
-0.023x |
|
Centrex Ltd
AU:CXM
|
-0.301x |
|
Ben Tre Pharmaceutical JSC
VN:DBT
|
N/A |
|
Kaili Resources Ltd
AU:KLR
|
0.016x |
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. For the full company profile with market capitalisation and key ratios, see Spring Art Holdings Bhd market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | RM93.77 Million ≈ $23.54 Million |
RM9.77 Million ≈ $2.45 Million |
0.104x | +6.52% |
| 2023-12-31 | RM86.60 Million ≈ $21.74 Million |
RM8.47 Million ≈ $2.13 Million |
0.098x | -48.30% |
| 2022-12-31 | RM80.16 Million ≈ $20.13 Million |
RM15.16 Million ≈ $3.81 Million |
0.189x | +393.72% |
| 2021-12-31 | RM77.63 Million ≈ $19.49 Million |
RM-5.00 Million ≈ $-1.25 Million |
-0.064x | -195.26% |
| 2020-12-31 | RM73.52 Million ≈ $18.46 Million |
RM4.97 Million ≈ $1.25 Million |
0.068x | -64.74% |
| 2019-12-31 | RM64.00 Million ≈ $16.07 Million |
RM12.27 Million ≈ $3.08 Million |
0.192x | -1.24% |
| 2018-12-31 | RM36.05 Million ≈ $9.05 Million |
RM7.00 Million ≈ $1.76 Million |
0.194x | -23.03% |
| 2017-12-31 | RM26.81 Million ≈ $6.73 Million |
RM6.76 Million ≈ $1.70 Million |
0.252x | -48.14% |
| 2016-12-31 | RM18.95 Million ≈ $4.76 Million |
RM9.22 Million ≈ $2.31 Million |
0.486x | +91.54% |
| 2015-12-31 | RM17.28 Million ≈ $4.34 Million |
RM4.39 Million ≈ $1.10 Million |
0.254x | -- |
About 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