Shanghai SK Petroleum & Chemical Equipment Corp Ltd (002278) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Shanghai SK Petroleum & Chemical Equipment Corp Ltd (002278) has a cash flow conversion efficiency ratio of -0.009x 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¥-11.80 Million ≈ $-1.73 Million USD) by net assets (CN¥1.30 Billion ≈ $190.65 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 Shanghai SK Petroleum & Chemical Equipme's balance sheet to measure how much of total assets are equity-financed.
Shanghai SK Petroleum & Chemical Equipment Corp Ltd - Cash Flow Conversion Efficiency Trend (2006–2025)
This chart illustrates how Shanghai SK Petroleum & Chemical Equipment Corp Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Shanghai SK Petroleum & Chemical Equipme earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Shanghai SK Petroleum & Chemical Equipment Corp Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shanghai SK Petroleum & Chemical Equipment Corp Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Fulgent Sun International Holding Co Ltd
TW:9802
|
0.042x |
|
GnCenergy Co Ltd
KQ:119850
|
0.124x |
|
RADIANCE HLDGS GRP.HD-01
F:RDH
|
N/A |
|
Servcorp Ltd
AU:SRV
|
0.361x |
|
DIAMOND BIOFUND INC
TW:6901
|
-0.002x |
|
People & Technology Inc
KQ:137400
|
0.023x |
|
Refex Industries Limited
NSE:REFEX
|
0.058x |
|
Beijing Quanshi World Online Net
SHE:002995
|
-0.109x |
Annual Cash Flow Conversion Efficiency for Shanghai SK Petroleum & Chemical Equipment Corp Ltd (2006–2025)
The table below shows the annual cash flow conversion efficiency of Shanghai SK Petroleum & Chemical Equipment Corp Ltd from 2006 to 2025. For the full company profile with market capitalisation and key ratios, see Shanghai SK Petroleum & Chemical Equipme market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CN¥1.56 Billion ≈ $227.94 Million |
CN¥130.95 Million ≈ $19.16 Million |
0.084x | -0.56% |
| 2024-12-31 | CN¥1.22 Billion ≈ $178.76 Million |
CN¥103.27 Million ≈ $15.11 Million |
0.085x | +271.07% |
| 2023-12-31 | CN¥1.19 Billion ≈ $174.12 Million |
CN¥-58.80 Million ≈ $-8.60 Million |
-0.049x | +10.86% |
| 2022-12-31 | CN¥1.15 Billion ≈ $168.09 Million |
CN¥-63.68 Million ≈ $-9.32 Million |
-0.055x | -218.11% |
| 2021-12-31 | CN¥1.18 Billion ≈ $172.46 Million |
CN¥55.32 Million ≈ $8.09 Million |
0.047x | -40.03% |
| 2020-12-31 | CN¥1.21 Billion ≈ $177.06 Million |
CN¥94.70 Million ≈ $13.86 Million |
0.078x | +28.17% |
| 2019-12-31 | CN¥1.20 Billion ≈ $175.18 Million |
CN¥73.10 Million ≈ $10.70 Million |
0.061x | +221.93% |
| 2018-12-31 | CN¥1.18 Billion ≈ $171.98 Million |
CN¥22.29 Million ≈ $3.26 Million |
0.019x | -13.03% |
| 2017-12-31 | CN¥1.14 Billion ≈ $166.47 Million |
CN¥24.81 Million ≈ $3.63 Million |
0.022x | +145.76% |
| 2016-12-31 | CN¥1.13 Billion ≈ $165.35 Million |
CN¥-53.86 Million ≈ $-7.88 Million |
-0.048x | -53.29% |
| 2015-12-31 | CN¥1.23 Billion ≈ $180.01 Million |
CN¥-38.25 Million ≈ $-5.60 Million |
-0.031x | -253.86% |
| 2014-12-31 | CN¥1.24 Billion ≈ $181.80 Million |
CN¥25.11 Million ≈ $3.67 Million |
0.020x | -70.94% |
| 2013-12-31 | CN¥1.20 Billion ≈ $176.02 Million |
CN¥83.65 Million ≈ $12.24 Million |
0.070x | -0.39% |
| 2012-12-31 | CN¥1.18 Billion ≈ $172.59 Million |
CN¥82.34 Million ≈ $12.05 Million |
0.070x | +239.08% |
| 2011-12-31 | CN¥1.18 Billion ≈ $172.60 Million |
CN¥24.28 Million ≈ $3.55 Million |
0.021x | -7.55% |
| 2010-12-31 | CN¥1.11 Billion ≈ $162.31 Million |
CN¥24.70 Million ≈ $3.61 Million |
0.022x | -46.76% |
| 2009-12-31 | CN¥1.06 Billion ≈ $154.85 Million |
CN¥44.26 Million ≈ $6.48 Million |
0.042x | -79.65% |
| 2008-12-31 | CN¥280.55 Million ≈ $41.05 Million |
CN¥57.66 Million ≈ $8.44 Million |
0.206x | +332.39% |
| 2007-12-31 | CN¥208.40 Million ≈ $30.50 Million |
CN¥-18.43 Million ≈ $-2.70 Million |
-0.088x | -187.10% |
| 2006-12-31 | CN¥166.64 Million ≈ $24.38 Million |
CN¥16.92 Million ≈ $2.48 Million |
0.102x | -- |
About Shanghai SK Petroleum & Chemical Equipment Corp Ltd
Shanghai SK Petroleum & Chemical Equipment Corporation Ltd., together with its subsidiaries, researches, develops, manufactures, and markets oil equipment in China and internationally. The company offers mud logging, high-temperature measurement while drilling (MWD) / logging while drilling (LWD), wireline logging, digital logging, drilling well control, and wellhead oil recovery services, as wel… Read more