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.
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. Read Wang & Lee Group, Inc. Ordinary Shares balance sheet liabilities for a breakdown of total debt and financial obligations.
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 |
|
NSJ GOLD CORP.
F:9PZ
|
N/A |
|
True North Gems Inc
V:TGX
|
0.001x |
|
Generation Income Properties Inc
NASDAQ:GIPR
|
0.018x |
|
Nusantara Inti Corpora Tbk
JK:UNIT
|
-0.084x |
|
BlockMint Technologies Inc
V:BKMT
|
-0.024x |
|
Focusrite Plc
LSE:TUNE
|
0.145x |
|
EKF Diagnostics Holdings Plc
LSE:EKF
|
0.068x |
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