Tianjin Saixiang Technology Co Ltd
Tianjin Saixiang Technology Co.,Ltd, together with its subsidiaries, engages in the research, development, manufacture, sale, and service of intelligent equipment for radial tires in the People's Republic of China and internationally. The company offers passenger/light truck radial tire one-step forming machines, all"steel load-bearing radial tire one-step forming machines, two-drum/four-drum all… Read more
Tianjin Saixiang Technology Co Ltd (002337) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.025x
Based on the latest financial reports, Tianjin Saixiang Technology Co Ltd (002337) has a cash flow conversion efficiency ratio of 0.025x 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¥34.69 Million) by net assets (CN¥1.39 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Tianjin Saixiang Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2009–2024)
This chart illustrates how Tianjin Saixiang Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Tianjin Saixiang Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tianjin Saixiang Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Cerus Corporation
NASDAQ:CERS
|
0.095x |
|
Xi'an High Voltage Apparatus Research Institute Co. Ltd.
SHG:688334
|
N/A |
|
Hyosung Advanced Materials Corp
KO:298050
|
0.044x |
|
Ledman Optoelectronic Co Ltd
SHE:300162
|
-0.004x |
|
Aclaris Therapeutics Inc
NASDAQ:ACRS
|
-0.091x |
|
CIR S.p.A. - Compagnie Industriali Riunite
F:BN7
|
0.045x |
|
Krispy Kreme Inc
NASDAQ:DNUT
|
0.061x |
|
Beijing Strong Biotechnologies Inc
SHE:300406
|
0.046x |
Annual Cash Flow Conversion Efficiency for Tianjin Saixiang Technology Co Ltd (2009–2024)
The table below shows the annual cash flow conversion efficiency of Tianjin Saixiang Technology Co Ltd from 2009 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.34 Billion | CN¥-180.69 Million | -0.135x | -269.47% |
| 2023-12-31 | CN¥1.31 Billion | CN¥-47.89 Million | -0.037x | -140.72% |
| 2022-12-31 | CN¥1.26 Billion | CN¥113.09 Million | 0.090x | +307.17% |
| 2021-12-31 | CN¥1.20 Billion | CN¥-52.15 Million | -0.043x | -137.45% |
| 2020-12-31 | CN¥1.19 Billion | CN¥-21.68 Million | -0.018x | -127.36% |
| 2019-12-31 | CN¥1.31 Billion | CN¥87.29 Million | 0.067x | +223.56% |
| 2018-12-31 | CN¥1.30 Billion | CN¥26.90 Million | 0.021x | -75.35% |
| 2017-12-31 | CN¥1.33 Billion | CN¥111.64 Million | 0.084x | +182.51% |
| 2016-12-31 | CN¥1.35 Billion | CN¥39.89 Million | 0.030x | +118.45% |
| 2015-12-31 | CN¥1.35 Billion | CN¥-216.04 Million | -0.161x | -285.85% |
| 2014-12-31 | CN¥1.34 Billion | CN¥-55.74 Million | -0.042x | -130.79% |
| 2013-12-31 | CN¥1.35 Billion | CN¥182.20 Million | 0.135x | +306.28% |
| 2012-12-31 | CN¥1.26 Billion | CN¥42.00 Million | 0.033x | +279.83% |
| 2011-12-31 | CN¥1.27 Billion | CN¥-23.48 Million | -0.018x | +16.87% |
| 2010-12-31 | CN¥1.26 Billion | CN¥-28.12 Million | -0.022x | -110.31% |
| 2009-12-31 | CN¥300.87 Million | CN¥64.96 Million | 0.216x | -- |