CHINA TONTINE WINES (CTE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, CHINA TONTINE WINES (CTE) has a cash flow conversion efficiency ratio of -0.008x as of June 2021. 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 (€-3.83 Million) by net assets (€488.43 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
CHINA TONTINE WINES - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how CHINA TONTINE WINES's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
CHINA TONTINE WINES Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of CHINA TONTINE WINES ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Iljin Display
KO:020760
|
-0.010x |
|
YBM Net Inc
KQ:057030
|
-0.007x |
|
GFM Services Bhd
KLSE:0039
|
0.045x |
|
Ledlink Optics
TWO:5230
|
0.045x |
|
ML System S.A.
WAR:MLS
|
0.093x |
|
Y-S Electronic Co Ltd
TWO:6418
|
-0.026x |
|
GoviEx Uranium Inc
V:GXU
|
-0.236x |
|
Zedge Inc
NYSE MKT:ZDGE
|
0.026x |
Annual Cash Flow Conversion Efficiency for CHINA TONTINE WINES (2016–2024)
The table below shows the annual cash flow conversion efficiency of CHINA TONTINE WINES from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €157.32 Million | €-94.25 Million | -0.599x | -1358.72% |
| 2023-12-31 | €497.38 Million | €23.67 Million | 0.048x | +484.30% |
| 2022-12-31 | €567.71 Million | €-7.03 Million | -0.012x | -133.03% |
| 2021-12-31 | €578.74 Million | €21.70 Million | 0.037x | +116.54% |
| 2020-12-31 | €494.89 Million | €-112.20 Million | -0.227x | -496.51% |
| 2019-12-31 | €663.28 Million | €37.93 Million | 0.057x | +272.96% |
| 2018-12-31 | €655.00 Million | €10.04 Million | 0.015x | +224.21% |
| 2017-12-31 | €651.46 Million | €-8.04 Million | -0.012x | +64.09% |
| 2016-12-31 | €688.55 Million | €-23.67 Million | -0.034x | -- |
About CHINA TONTINE WINES
China Tontine Wines Group Limited, an investment holding company, produces and sells grape wine products. The company provides sweet wines and dry wines under the Tongtian, Tongtian Hong, and TONTINE labels. It also produces and sells brandy, white wines, and ice wines, as well as processes grape juices. In addition, the company is involved in the grapes plantation activity; and offers administra… Read more