Guangdong Provincial Expressway Development Co Ltd (000429) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.085x

Based on the latest financial reports, Guangdong Provincial Expressway Development Co Ltd (000429) has a cash flow conversion efficiency ratio of 0.085x as of September 2025. 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 (CN¥1.19 Billion ≈ $174.19 Million USD) by net assets (CN¥14.03 Billion ≈ $2.05 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Guangdong Provincial Expressway Developm balance sheet independence to measure how much of total assets are equity-financed.

Guangdong Provincial Expressway Development Co Ltd - Cash Flow Conversion Efficiency Trend (1998–2024)

This chart illustrates how Guangdong Provincial Expressway Development Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Guangdong Provincial Expressway Developm's earnings quality to evaluate the quality of earnings relative to operating cash generation.

Guangdong Provincial Expressway Development Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Guangdong Provincial Expressway Development Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
GRG Banking Equipment Co Ltd SHE:002152	0.028x
Universal Display NASDAQ:OLED	0.064x
Escorts Kubota Limited NSE:ESCORTS	0.040x
Guangzhou Haige Communications Group Incorporated Co SHE:002465	-0.018x
USA Compression Partners LP NYSE:USAC	0.272x
Grandblue Environment Co Ltd SHG:600323	0.080x
Comstock Resources Inc NYSE:CRK	0.089x
GCL Energy Technology Co Ltd SHE:002015	0.107x

Annual Cash Flow Conversion Efficiency for Guangdong Provincial Expressway Development Co Ltd (1998–2024)

The table below shows the annual cash flow conversion efficiency of Guangdong Provincial Expressway Development Co Ltd from 1998 to 2024. For the full company profile with market capitalisation and key ratios, see 000429 market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥13.20 Billion ≈ $1.93 Billion	CN¥3.26 Billion ≈ $476.51 Million	0.247x	-20.09%
2023-12-31	CN¥12.41 Billion ≈ $1.82 Billion	CN¥3.83 Billion ≈ $560.71 Million	0.309x	+27.57%
2022-12-31	CN¥11.37 Billion ≈ $1.66 Billion	CN¥2.75 Billion ≈ $402.71 Million	0.242x	-25.32%
2021-12-31	CN¥11.32 Billion ≈ $1.66 Billion	CN¥3.67 Billion ≈ $537.00 Million	0.324x	+25.82%
2020-12-31	CN¥10.23 Billion ≈ $1.50 Billion	CN¥2.64 Billion ≈ $385.76 Million	0.258x	+32.81%
2019-12-31	CN¥10.25 Billion ≈ $1.50 Billion	CN¥1.99 Billion ≈ $290.99 Million	0.194x	+1.72%
2018-12-31	CN¥10.05 Billion ≈ $1.47 Billion	CN¥1.92 Billion ≈ $280.37 Million	0.191x	-17.86%
2017-12-31	CN¥9.45 Billion ≈ $1.38 Billion	CN¥2.19 Billion ≈ $321.20 Million	0.232x	+6.70%
2016-12-31	CN¥8.84 Billion ≈ $1.29 Billion	CN¥1.92 Billion ≈ $281.58 Million	0.218x	+33.75%
2015-12-31	CN¥6.13 Billion ≈ $896.78 Million	CN¥996.99 Million ≈ $145.89 Million	0.163x	-1.25%
2014-12-31	CN¥5.87 Billion ≈ $859.11 Million	CN¥967.24 Million ≈ $141.54 Million	0.165x	+9.90%
2013-12-31	CN¥5.05 Billion ≈ $739.38 Million	CN¥757.45 Million ≈ $110.84 Million	0.150x	+23.38%
2012-12-31	CN¥5.11 Billion ≈ $748.11 Million	CN¥621.18 Million ≈ $90.90 Million	0.122x	-6.85%
2011-12-31	CN¥4.76 Billion ≈ $695.92 Million	CN¥620.31 Million ≈ $90.77 Million	0.130x	+6.06%
2010-12-31	CN¥4.80 Billion ≈ $702.39 Million	CN¥590.29 Million ≈ $86.38 Million	0.123x	+118.40%
2009-12-31	CN¥4.01 Billion ≈ $587.29 Million	CN¥225.99 Million ≈ $33.07 Million	0.056x	-63.19%
2008-12-31	CN¥3.81 Billion ≈ $557.35 Million	CN¥582.65 Million ≈ $85.26 Million	0.153x	-16.33%
2007-12-31	CN¥3.78 Billion ≈ $552.92 Million	CN¥690.83 Million ≈ $101.09 Million	0.183x	+34.29%
2006-12-31	CN¥4.38 Billion ≈ $640.66 Million	CN¥596.06 Million ≈ $87.22 Million	0.136x	-7.92%
2005-12-31	CN¥4.25 Billion ≈ $621.74 Million	CN¥628.20 Million ≈ $91.93 Million	0.148x	-4.38%
2004-12-31	CN¥4.36 Billion ≈ $638.60 Million	CN¥674.82 Million ≈ $98.75 Million	0.155x	+46.00%
2003-12-31	CN¥4.28 Billion ≈ $626.70 Million	CN¥453.60 Million ≈ $66.38 Million	0.106x	+19.68%
2002-12-31	CN¥4.02 Billion ≈ $588.53 Million	CN¥355.92 Million ≈ $52.08 Million	0.088x	-27.14%
2001-12-31	CN¥3.94 Billion ≈ $576.06 Million	CN¥478.14 Million ≈ $69.97 Million	0.121x	+161.96%
2000-12-31	CN¥3.37 Billion ≈ $493.49 Million	CN¥156.36 Million ≈ $22.88 Million	0.046x	-37.66%
1999-12-31	CN¥2.55 Billion ≈ $372.91 Million	CN¥189.54 Million ≈ $27.74 Million	0.074x	+2.91%
1998-12-31	CN¥2.35 Billion ≈ $343.30 Million	CN¥169.56 Million ≈ $24.81 Million	0.072x	--

About Guangdong Provincial Expressway Development Co Ltd

SHE:000429 China Infrastructure Operations

Market Cap

$3.73 Billion

CN¥25.47 Billion CNY

Market Cap Rank

#4256 Global

#642 in China

Share Price

CN¥14.62

Change (1 day)

+0.41%

52-Week Range

CN¥10.70 - CN¥15.06

All Time High

CN¥15.06