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.
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. Read how much debt does Spring Art Holdings Bhd carry for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Spring Ventures Ltd
TA:SPRG
|
0.003x |
|
Edinburgh Investment Trust
LSE:EDIN
|
0.020x |
|
Turmalina Metals Corp
V:TBX
|
0.012x |
|
TRIBECA RESOURCES CORPORA
F:381
|
N/A |
|
Scandinavian Medical Solutions AS
CO:SMSMED
|
-0.022x |
|
Schweizer Electronic AG
F:SCE
|
-0.372x |
|
Smith Micro Software Inc
NASDAQ:SMSI
|
-0.107x |
|
Bayhorse Silver Inc
V:BHS
|
6.385x |
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 0216 market cap overview.
| 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