Tianjin Saixiang Technology Co Ltd (002337) - Cash Flow Conversion Efficiency
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 ≈ $5.08 Million USD) by net assets (CN¥1.39 Billion ≈ $202.92 Million USD). 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. Read Tianjin Saixiang Technology Co Ltd (002337) total liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Sichuan Fulin Transportation Group Co Ltd
SHE:002357
|
0.006x |
|
Nanjing CEC Environmental Protect
SHE:300172
|
-0.029x |
|
Hunan Chen Dian International Development Co Ltd
SHG:600969
|
0.109x |
|
Neosem Inc
KQ:253590
|
0.003x |
|
Probe Gold Inc.
TO:PRB
|
-0.217x |
|
San Shing Fastech Corp
TW:5007
|
0.016x |
|
Rainbow Tours SA
WAR:RBW
|
0.323x |
|
Farmacias Benavides S.A.B. de C.V.
MX:BEVIDESB
|
0.822x |
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. For the full company profile with market capitalisation and key ratios, see 002337 stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.34 Billion ≈ $195.67 Million |
CN¥-180.69 Million ≈ $-26.44 Million |
-0.135x | -269.47% |
| 2023-12-31 | CN¥1.31 Billion ≈ $191.62 Million |
CN¥-47.89 Million ≈ $-7.01 Million |
-0.037x | -140.72% |
| 2022-12-31 | CN¥1.26 Billion ≈ $184.22 Million |
CN¥113.09 Million ≈ $16.55 Million |
0.090x | +307.17% |
| 2021-12-31 | CN¥1.20 Billion ≈ $176.00 Million |
CN¥-52.15 Million ≈ $-7.63 Million |
-0.043x | -137.45% |
| 2020-12-31 | CN¥1.19 Billion ≈ $173.70 Million |
CN¥-21.68 Million ≈ $-3.17 Million |
-0.018x | -127.36% |
| 2019-12-31 | CN¥1.31 Billion ≈ $191.40 Million |
CN¥87.29 Million ≈ $12.77 Million |
0.067x | +223.56% |
| 2018-12-31 | CN¥1.30 Billion ≈ $190.87 Million |
CN¥26.90 Million ≈ $3.94 Million |
0.021x | -75.35% |
| 2017-12-31 | CN¥1.33 Billion ≈ $195.26 Million |
CN¥111.64 Million ≈ $16.34 Million |
0.084x | +182.51% |
| 2016-12-31 | CN¥1.35 Billion ≈ $197.12 Million |
CN¥39.89 Million ≈ $5.84 Million |
0.030x | +118.45% |
| 2015-12-31 | CN¥1.35 Billion ≈ $196.90 Million |
CN¥-216.04 Million ≈ $-31.61 Million |
-0.161x | -285.85% |
| 2014-12-31 | CN¥1.34 Billion ≈ $196.03 Million |
CN¥-55.74 Million ≈ $-8.16 Million |
-0.042x | -130.79% |
| 2013-12-31 | CN¥1.35 Billion ≈ $197.29 Million |
CN¥182.20 Million ≈ $26.66 Million |
0.135x | +306.28% |
| 2012-12-31 | CN¥1.26 Billion ≈ $184.77 Million |
CN¥42.00 Million ≈ $6.15 Million |
0.033x | +279.83% |
| 2011-12-31 | CN¥1.27 Billion ≈ $185.73 Million |
CN¥-23.48 Million ≈ $-3.44 Million |
-0.018x | +16.87% |
| 2010-12-31 | CN¥1.26 Billion ≈ $184.94 Million |
CN¥-28.12 Million ≈ $-4.12 Million |
-0.022x | -110.31% |
| 2009-12-31 | CN¥300.87 Million ≈ $44.03 Million |
CN¥64.96 Million ≈ $9.51 Million |
0.216x | -- |
About 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