Tang Palace (China) Holdings Limited
Tang Palace (China) Holdings Limited, an investment holding company, engages in the restaurant operation and food production businesses in the People's Republic of China. It operates restaurants under the Tang Palace Seafood Restaurant, Tang's Cuisine, Tang Palace, Social Place, Canton Tea Room, and Soup Delice brand names. The company is also involved in intangible asset holding; and retail and … Read more
Tang Palace (China) Holdings Limited (TNGPF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.233x
Based on the latest financial reports, Tang Palace (China) Holdings Limited (TNGPF) has a cash flow conversion efficiency ratio of 0.233x 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 ($56.98 Million) by net assets ($244.84 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Tang Palace (China) Holdings Limited - Cash Flow Conversion Efficiency Trend (2010–2024)
This chart illustrates how Tang Palace (China) Holdings 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.
Tang Palace (China) Holdings Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tang Palace (China) Holdings Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mirasol Resources Ltd
PINK:MRZLF
|
0.915x |
|
Rail Vision Ltd. Ordinary Share
NASDAQ:RVSN
|
-0.103x |
|
Harn Len Corporation Bhd
KLSE:7501
|
0.080x |
|
Sing Tao News Corporation Limited
PINK:STAOF
|
0.001x |
|
High-Tek Harness Enterprise Co Ltd
TWO:3202
|
0.014x |
|
Valor Resources Limited
PINK:VOYRF
|
-0.024x |
|
PTL Enterprises Limited
NSE:PTL
|
0.025x |
|
Daura Gold Corp.
V:DGC
|
-0.601x |
Annual Cash Flow Conversion Efficiency for Tang Palace (China) Holdings Limited (2010–2024)
The table below shows the annual cash flow conversion efficiency of Tang Palace (China) Holdings Limited from 2010 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $205.21 Million | $110.13 Million | 0.537x | -12.52% |
| 2023-12-31 | $240.95 Million | $147.82 Million | 0.614x | +440.70% |
| 2022-12-31 | $245.74 Million | $-44.25 Million | -0.180x | -142.33% |
| 2021-12-31 | $416.92 Million | $177.34 Million | 0.425x | +39.84% |
| 2020-12-31 | $418.88 Million | $127.41 Million | 0.304x | -49.91% |
| 2019-12-31 | $429.04 Million | $260.55 Million | 0.607x | +63.28% |
| 2018-12-31 | $502.63 Million | $186.94 Million | 0.372x | +5.68% |
| 2017-12-31 | $534.07 Million | $187.96 Million | 0.352x | -13.53% |
| 2016-12-31 | $479.31 Million | $195.08 Million | 0.407x | +31.67% |
| 2015-12-31 | $421.66 Million | $130.34 Million | 0.309x | -1.49% |
| 2014-12-31 | $403.32 Million | $126.55 Million | 0.314x | +40.41% |
| 2013-12-31 | $372.42 Million | $83.23 Million | 0.223x | -12.79% |
| 2012-12-31 | $365.05 Million | $93.54 Million | 0.256x | -7.70% |
| 2011-12-31 | $339.26 Million | $94.18 Million | 0.278x | -52.49% |
| 2010-12-31 | $138.22 Million | $80.77 Million | 0.584x | -- |