Wedge Industrial Co Ltd (000534) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Wedge Industrial Co Ltd (000534) has a cash flow conversion efficiency ratio of 0.006x 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¥10.43 Million ≈ $1.53 Million USD) by net assets (CN¥1.74 Billion ≈ $254.65 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is Wedge Industrial Co Ltd's balance sheet to measure how much of total assets are equity-financed.
Wedge Industrial Co Ltd - Cash Flow Conversion Efficiency Trend (1998–2024)
This chart illustrates how Wedge Industrial Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Wedge Industrial Co Ltd (000534) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Wedge Industrial Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Wedge Industrial Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Yifan Xinfu Pharmaceutical Co Ltd
SHE:002019
|
0.005x |
|
Ennoconn Corp
TW:6414
|
0.009x |
|
Beijing Jetsen Tech Co
SHE:300182
|
0.028x |
|
Jinke Property Group Co Ltd
SHE:000656
|
-0.016x |
|
Shandong Pharmaceutical Glass Co Ltd
SHG:600529
|
0.005x |
|
Alpha Metallurgical Resources Inc
NYSE:AMR
|
0.032x |
|
Array Digital Infrastructure, Inc.
NYSE:AD
|
0.013x |
|
Great Microwave Technology Co. Ltd. A
SHG:688270
|
0.005x |
Annual Cash Flow Conversion Efficiency for Wedge Industrial Co Ltd (1998–2024)
The table below shows the annual cash flow conversion efficiency of Wedge Industrial Co Ltd from 1998 to 2024. For the full company profile with market capitalisation and key ratios, see Wedge Industrial Co Ltd market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.55 Billion ≈ $226.73 Million |
CN¥114.26 Million ≈ $16.72 Million |
0.074x | +0.60% |
| 2023-12-31 | CN¥1.30 Billion ≈ $190.91 Million |
CN¥95.64 Million ≈ $13.99 Million |
0.073x | -53.35% |
| 2022-12-31 | CN¥1.24 Billion ≈ $181.48 Million |
CN¥194.89 Million ≈ $28.52 Million |
0.157x | +26.42% |
| 2021-12-31 | CN¥1.10 Billion ≈ $160.89 Million |
CN¥136.67 Million ≈ $20.00 Million |
0.124x | -13.45% |
| 2020-12-31 | CN¥991.73 Million ≈ $145.12 Million |
CN¥142.42 Million ≈ $20.84 Million |
0.144x | -12.38% |
| 2019-12-31 | CN¥947.71 Million ≈ $138.68 Million |
CN¥155.33 Million ≈ $22.73 Million |
0.164x | +327.84% |
| 2018-12-31 | CN¥1.54 Billion ≈ $224.84 Million |
CN¥-110.53 Million ≈ $-16.17 Million |
-0.072x | -266.44% |
| 2017-12-31 | CN¥1.55 Billion ≈ $226.19 Million |
CN¥66.81 Million ≈ $9.78 Million |
0.043x | +129.65% |
| 2016-12-31 | CN¥1.41 Billion ≈ $205.68 Million |
CN¥-204.92 Million ≈ $-29.99 Million |
-0.146x | -2842.79% |
| 2015-12-31 | CN¥1.66 Billion ≈ $242.61 Million |
CN¥-8.21 Million ≈ $-1.20 Million |
-0.005x | -102.40% |
| 2014-12-31 | CN¥1.63 Billion ≈ $238.55 Million |
CN¥336.49 Million ≈ $49.24 Million |
0.206x | -53.44% |
| 2013-12-31 | CN¥1.29 Billion ≈ $189.14 Million |
CN¥573.04 Million ≈ $83.85 Million |
0.443x | +117.05% |
| 2012-12-31 | CN¥1.15 Billion ≈ $168.35 Million |
CN¥235.00 Million ≈ $34.39 Million |
0.204x | +9642.63% |
| 2011-12-31 | CN¥643.84 Million ≈ $94.21 Million |
CN¥-1.38 Million ≈ $-201.67K |
-0.002x | -105.56% |
| 2010-12-31 | CN¥654.70 Million ≈ $95.80 Million |
CN¥25.22 Million ≈ $3.69 Million |
0.039x | -90.58% |
| 2009-12-31 | CN¥654.08 Million ≈ $95.71 Million |
CN¥267.47 Million ≈ $39.14 Million |
0.409x | +19.85% |
| 2008-12-31 | CN¥692.08 Million ≈ $101.27 Million |
CN¥236.14 Million ≈ $34.55 Million |
0.341x | +191.06% |
| 2007-12-31 | CN¥760.85 Million ≈ $111.34 Million |
CN¥-285.09 Million ≈ $-41.72 Million |
-0.375x | -259.06% |
| 2006-12-31 | CN¥600.19 Million ≈ $87.83 Million |
CN¥-62.63 Million ≈ $-9.17 Million |
-0.104x | -121.60% |
| 2005-12-31 | CN¥552.92 Million ≈ $80.91 Million |
CN¥-26.04 Million ≈ $-3.81 Million |
-0.047x | -196.59% |
| 2004-12-31 | CN¥550.78 Million ≈ $80.60 Million |
CN¥-8.74 Million ≈ $-1.28 Million |
-0.016x | -154.57% |
| 2003-12-31 | CN¥569.81 Million ≈ $83.38 Million |
CN¥16.58 Million ≈ $2.43 Million |
0.029x | +439.68% |
| 2002-12-31 | CN¥551.68 Million ≈ $80.73 Million |
CN¥2.97 Million ≈ $435.24K |
0.005x | -79.62% |
| 2001-12-31 | CN¥549.14 Million ≈ $80.36 Million |
CN¥14.52 Million ≈ $2.13 Million |
0.026x | +12.95% |
| 2000-12-31 | CN¥542.70 Million ≈ $79.41 Million |
CN¥12.71 Million ≈ $1.86 Million |
0.023x | +499.49% |
| 1999-12-31 | CN¥548.58 Million ≈ $80.27 Million |
CN¥-3.22 Million ≈ $-470.54K |
-0.006x | -136.62% |
| 1998-12-31 | CN¥596.67 Million ≈ $87.31 Million |
CN¥9.55 Million ≈ $1.40 Million |
0.016x | -- |
About Wedge Industrial Co Ltd
Wedge Industrial Co.,Ltd., together with its subsidiaries, engages in the research and development, production, and sale of micro-ecological live bacteria products, superalloys, and related products in China. The company offers micro-ecological preparations, such as bifidobacterium lactobacillus triple live bacteria tablets under the Golden Bifidobacterium brand; vaginal lactobacillus live capsul… Read more