Shengkai Innovations Inc
Shengkai Innovations, Inc., together with its subsidiaries, designs, manufactures, and distributes ceramic valves for industrial use in the People's Republic of China. The company provides ceramic valves in various categories, including gate, ball, back, adjustable, cut-off, and special valves. It also offers various services related to industrial ceramic valves consisting of manufacture, install… Read more
Shengkai Innovations Inc (VALV) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2013: 0.008x
Based on the latest financial reports, Shengkai Innovations Inc (VALV) has a cash flow conversion efficiency ratio of 0.008x as of March 2013.
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 ($1.13 Million) by net assets ($138.05 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shengkai Innovations Inc - Cash Flow Conversion Efficiency Trend (2006–2012)
This chart illustrates how Shengkai Innovations Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Shengkai Innovations Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shengkai Innovations Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Gooi Global Inc
PINK:GOOI
|
0.069x |
|
Matmown Inc
PINK:MTMW
|
0.882x |
|
SNM Gobal Holdings
PINK:SNMN
|
0.113x |
|
Deltagen Inc
PINK:DGEN
|
-0.011x |
|
Four Leaf Acquisition Corporation Warrants
NASDAQ:FORLW
|
N/A |
|
Metatron Inc
PINK:MRNJ
|
-0.033x |
|
Microphonics Inc
PINK:MRPS
|
N/A |
|
JB & ZJMY Holding Company Inc
PINK:JBZY
|
-0.083x |
Annual Cash Flow Conversion Efficiency for Shengkai Innovations Inc (2006–2012)
The table below shows the annual cash flow conversion efficiency of Shengkai Innovations Inc from 2006 to 2012.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2012-06-30 | $139.59 Million | $3.91 Million | 0.028x | -87.66% |
| 2011-06-30 | $125.89 Million | $28.58 Million | 0.227x | +102.43% |
| 2010-06-30 | $-2.28 Million | $21.28 Million | -9.327x | -3358.19% |
| 2009-06-30 | $55.51 Million | $15.89 Million | 0.286x | +7.50% |
| 2008-06-30 | $37.18 Million | $9.90 Million | 0.266x | -91.10% |
| 2007-06-30 | $-8.80K | $-26.33K | 2.993x | +274.73% |
| 2006-06-30 | $27.32K | $-46.81K | -1.713x | -- |