Spring Art Holdings Bhd Cash Flow Conversion Efficiency
Spring Art Holdings Bhd 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. Also see market value of Spring Art Holdings Bhd for the company's overall valuation and market capitalisation.
Cash Flow Conversion Efficiency of Spring Art Holdings Bhd (2015–2024)
Cash flow conversion efficiency of Spring Art Holdings Bhd from 2015 to 2024. This chart illustrates how Spring Art Holdings Bhd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Spring Art Holdings Bhd (0216) stock price for real-time trading data and today's change.
Spring Art Holdings Bhd Cash Flow Conversion Ratio Explained
Spring Art Holdings Bhd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Review Spring Art Holdings Bhd free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
W.A.G payment solutions plc
LSE:EWG
|
0.376x |
|
Eyesvision Corp
KQ:031310
|
-0.055x |
|
Mandrake Resources Ltd
AU:MAN
|
-0.002x |
|
Nuchev Ltd
AU:NUC
|
-0.107x |
|
K2 Asset Management Holdings Ltd
AU:KAM
|
0.052x |
|
American Shared Hospital Service
NYSE MKT:AMS
|
0.058x |
|
Langgeng Makmur Industri Tbk
JK:LMPI
|
0.228x |
|
Ayo Technology Solutions Ltd
JSE:AYO
|
-0.173x |
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. Also see Spring Art Holdings Bhd balance sheet assets for a full breakdown of the balance sheet.
| 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