Wang & Lee Group, Inc. Ordinary Shares (WLGS) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Wang & Lee Group, Inc. Ordinary Shares (WLGS) has a cash flow conversion efficiency ratio of -0.103x as of March 2023. 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 ($177.26K) by net assets ($-1.71 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See WLGS days of operational coverage to measure how many days the company can operate on defensive assets alone.
Wang & Lee Group, Inc. Ordinary Shares - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Wang & Lee Group, Inc. Ordinary Shares's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Wang & Lee Group, Inc. Ordinary Shares Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Wang & Lee Group, Inc. Ordinary Shares ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Smart Agro LP
TA:SMAG
|
-0.029x |
|
GlucoTrack Inc
NASDAQ:GCTK
|
-1.392x |
|
True North Gems Inc
V:TGX
|
0.001x |
|
Peel Hunt Ltd
LSE:PEEL
|
0.134x |
|
Nusantara Inti Corpora Tbk
JK:UNIT
|
-0.084x |
|
Dragon Mountain Gold Ltd
AU:DMG
|
-0.204x |
|
UTime Limited
NASDAQ:WTO
|
0.019x |
|
Appili Therapeutics Inc
TO:APLI
|
0.018x |
Annual Cash Flow Conversion Efficiency for Wang & Lee Group, Inc. Ordinary Shares (2019–2024)
The table below shows the annual cash flow conversion efficiency of Wang & Lee Group, Inc. Ordinary Shares from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see Wang & Lee Group, Inc. Ordinary Shares stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $3.49 Million | $-1.57 Million | -0.449x | +29.24% |
| 2023-12-31 | $6.01 Million | $-3.81 Million | -0.635x | -408.33% |
| 2022-12-31 | $-1.71 Million | $-352.76K | 0.206x | -52.39% |
| 2021-12-31 | $-1.12 Million | $-482.80K | 0.432x | +345.21% |
| 2020-12-31 | $-765.74K | $-74.38K | 0.097x | -49.17% |
| 2019-12-31 | $-1.04 Million | $-198.57K | 0.191x | -- |
About Wang & Lee Group, Inc. Ordinary Shares
WANG & LEE GROUP, Inc., through its subsidiary, operates as a construction contractor in Hong Kong and Mainland China. It engages in the contract engineering, installation, and out-fitting activities for low voltage electrical systems, mechanical ventilation and air-conditioning systems, fire safety systems, and water supply and sewage disposal systems for the public and private sectors. The comp… Read more