Greenland Technologies Holding Corporation
Greenland Technologies Holding Corporation, through its subsidiaries, develops and manufactures transmission and drivetrain systems for material handling machineries and electric vehicles, and electric industrial vehicles in the People's Republic of China and internationally. The company offers transmission products for forklift trucks that are used in manufacturing and logistic applications, suc… Read more
Greenland Technologies Holding Corporation (GTECW) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: -0.158x
Based on the latest financial reports, Greenland Technologies Holding Corporation (GTECW) has a cash flow conversion efficiency ratio of -0.158x as of March 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 ($-8.42 Million) by net assets ($53.31 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Greenland Technologies Holding Corporation - Cash Flow Conversion Efficiency Trend (2018–2023)
This chart illustrates how Greenland Technologies Holding Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Greenland Technologies Holding Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Greenland Technologies Holding Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jaeger Resources Corp
PINK:BDRGF
|
0.016x |
|
Tokmanni Group Corp
STU:TK9
|
N/A |
|
LYNAS CORPORATION
BE:LYI
|
N/A |
|
200580
KO:200580
|
N/A |
|
Aurelius Minerals Inc
PINK:AURQF
|
-0.413x |
|
Il Dong Holdings Co. Ltd.
KQ:000230
|
N/A |
|
435620
KQ:435620
|
N/A |
|
2028 Investment Grade Bond Trust
TO:IGBT-UN
|
N/A |
Annual Cash Flow Conversion Efficiency for Greenland Technologies Holding Corporation (2018–2023)
The table below shows the annual cash flow conversion efficiency of Greenland Technologies Holding Corporation from 2018 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $50.65 Million | $2.45 Million | 0.048x | -47.48% |
| 2022-12-31 | $79.43 Million | $7.31 Million | 0.092x | +219.71% |
| 2021-12-31 | $74.84 Million | $-5.76 Million | -0.077x | -399.96% |
| 2020-12-31 | $105.14 Million | $2.70 Million | 0.026x | -87.63% |
| 2019-12-31 | $38.60 Million | $8.00 Million | 0.207x | +343.11% |
| 2018-12-31 | $5.00 Million | $-426.26K | -0.085x | -- |