China Tower Corporation Limited
China Tower Corporation Limited, together with its subsidiaries, provides telecommunication tower infrastructure services in the People's Republic of China. The company engages in the construction, maintenance, and operation of base station ancillary facilities, such as telecommunications towers and public network coverage in high-speed railways and subways, and large-scale indoor distributed ant… Read more
China Tower Corporation Limited (CTOWY) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.077x
Based on the latest financial reports, China Tower Corporation Limited (CTOWY) has a cash flow conversion efficiency ratio of 0.077x as of June 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 ($15.08 Billion) by net assets ($196.49 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
China Tower Corporation Limited - Cash Flow Conversion Efficiency Trend (2015–2024)
This chart illustrates how China Tower Corporation Limited'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 Tower Corporation Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of China Tower Corporation Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Imperial Brands PLC
OTCQX:IMBBY
|
0.000x |
|
Natera Inc
NASDAQ:NTRA
|
0.043x |
|
Advantest Corporation
PINK:ADTTF
|
0.082x |
|
Universal Music Group N.V.
PINK:UMGNF
|
0.303x |
|
Shinhan Financial Group Co Ltd
NYSE:SHG
|
-0.071x |
|
NEC Corporation
PINK:NIPNF
|
-0.005x |
|
Biogen Inc
NASDAQ:BIIB
|
0.028x |
|
Bajaj Finance Limited
NSE:BAJFINANCE
|
-0.280x |
Annual Cash Flow Conversion Efficiency for China Tower Corporation Limited (2015–2024)
The table below shows the annual cash flow conversion efficiency of China Tower Corporation Limited from 2015 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $199.98 Billion | $49.47 Billion | 0.247x | +48.91% |
| 2023-12-31 | $197.69 Billion | $32.84 Billion | 0.166x | -50.63% |
| 2022-12-31 | $193.59 Billion | $65.13 Billion | 0.336x | +5.30% |
| 2021-12-31 | $189.35 Billion | $60.50 Billion | 0.320x | +3.41% |
| 2020-12-31 | $186.25 Billion | $57.55 Billion | 0.309x | +12.97% |
| 2019-12-31 | $182.56 Billion | $49.94 Billion | 0.274x | +8.41% |
| 2018-12-31 | $180.50 Billion | $45.54 Billion | 0.252x | -7.92% |
| 2017-12-31 | $127.50 Billion | $34.94 Billion | 0.274x | +24.67% |
| 2016-12-31 | $125.55 Billion | $27.59 Billion | 0.220x | +509.83% |
| 2015-12-31 | $125.48 Billion | $-6.73 Billion | -0.054x | -- |