Sin-Kung Logistics Berhad Cash Flow Conversion Efficiency
Sin-Kung Logistics Berhad cash flow conversion efficiency. Based on the latest financial reports, Sin-Kung Logistics Berhad (0305) has a cash flow conversion efficiency ratio of 0.042x as of September 2024. 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 (RM3.65 Million ≈ $916.65K USD) by net assets (RM86.37 Million ≈ $21.69 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Sin-Kung Logistics Berhad (2020–2023)
Cash flow conversion efficiency of Sin-Kung Logistics Berhad from 2020 to 2023. This chart illustrates how Sin-Kung Logistics Berhad's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Sin-Kung Logistics Berhad (0305) stock price for real-time trading data and today's change.
Sin-Kung Logistics Berhad Cash Flow Conversion Ratio Explained
Sin-Kung Logistics Berhad 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.
Sin-Kung Logistics Berhad Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sin-Kung Logistics Berhad ranked by their cash flow conversion efficiency. Also see how much is Sin-Kung Logistics Berhad worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Prestar Resources Bhd
KLSE:9873
|
-0.011x |
|
AztechWB Co. Ltd
KQ:032080
|
0.002x |
|
Times Guaranty Limited
NSE:TIMESGTY
|
-0.017x |
|
Software Acquisition Group III Inc
NASDAQ:SWAG
|
-0.174x |
|
Kainos Medicine Inc
KQ:284620
|
-0.400x |
|
Argent Minerals Ltd
AU:ARD
|
-0.260x |
|
Victory New Materials Ltd Co
TW:1340
|
0.004x |
|
aap Implantate AG
F:AAQ1
|
-0.070x |
Annual Cash Flow Conversion Efficiency for Sin-Kung Logistics Berhad (2020–2023)
The table below shows the annual cash flow conversion efficiency of Sin-Kung Logistics Berhad from 2020 to 2023. Review Sin-Kung Logistics Berhad free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | RM83.82 Million ≈ $21.04 Million |
RM11.84 Million ≈ $2.97 Million |
0.141x | -59.30% |
| 2022-12-31 | RM53.87 Million ≈ $13.52 Million |
RM18.69 Million ≈ $4.69 Million |
0.347x | +9.45% |
| 2021-12-31 | RM42.33 Million ≈ $10.63 Million |
RM13.42 Million ≈ $3.37 Million |
0.317x | +1.52% |
| 2020-12-31 | RM27.71 Million ≈ $6.96 Million |
RM8.65 Million ≈ $2.17 Million |
0.312x | -- |
About Sin-Kung Logistics Berhad
Sin-Kung Logistics Berhad, an integrated logistics service provider, provides trucking services with a focus on airport-to-airport road feeder services. The company offers container haulage, warehousing and distribution, and other logistics-related services; and brokerage and forwarding services, and express delivery services, as well as cargo escort services. It operates in Malaysia, Singapore, … Read more