Taier Heavy Industry Co Ltd
Taier Heavy Industry Co., Ltd. designs, develops, manufactures, markets, and services metallurgical equipment and spare parts in China. The company provides universal joint shafts, gear couplings, shear blades, sliding plates, mandrels; and cold-rolled hot-dip galvanized shaft sleeve and bush, sink roll and stabilizing roll series, furnace roll, process roll, side guide, laminar colling roll, and… Read more
Taier Heavy Industry Co Ltd (002347) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: -0.014x
Based on the latest financial reports, Taier Heavy Industry Co Ltd (002347) has a cash flow conversion efficiency ratio of -0.014x as of September 2023.
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¥-17.23 Million) by net assets (CN¥1.26 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Taier Heavy Industry Co Ltd - Cash Flow Conversion Efficiency Trend (2006–2024)
This chart illustrates how Taier Heavy Industry 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.
Taier Heavy Industry Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Taier Heavy Industry Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
0.064x |
|
Shinpoong Pharmaceutical Co Ltd
KO:019175
|
0.034x |
|
Shenzhen Hui Chuang Da Technology Co.Ltd
SHE:300909
|
0.012x |
|
THARISA NON LIST. DL-001
F:7YZ
|
N/A |
|
Cars.com Inc
NYSE:CARS
|
0.079x |
|
Prime Medicine, Inc. Common Stock
NASDAQ:PRME
|
-0.217x |
|
Guangdong Fuxin Technology Co. Ltd. A
SHG:688662
|
0.072x |
|
Ligao Foods Co.Ltd
SHE:300973
|
0.065x |
Annual Cash Flow Conversion Efficiency for Taier Heavy Industry Co Ltd (2006–2024)
The table below shows the annual cash flow conversion efficiency of Taier Heavy Industry Co Ltd from 2006 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.24 Billion | CN¥-2.79 Million | -0.002x | -103.43% |
| 2023-12-31 | CN¥1.22 Billion | CN¥80.13 Million | 0.066x | -23.77% |
| 2022-12-31 | CN¥1.26 Billion | CN¥108.68 Million | 0.086x | +81.96% |
| 2021-12-31 | CN¥1.37 Billion | CN¥65.02 Million | 0.047x | -15.60% |
| 2020-12-31 | CN¥1.17 Billion | CN¥65.36 Million | 0.056x | -30.01% |
| 2019-12-31 | CN¥1.18 Billion | CN¥94.19 Million | 0.080x | +10666.70% |
| 2018-12-31 | CN¥1.15 Billion | CN¥854.86K | 0.001x | +102.08% |
| 2017-12-31 | CN¥1.13 Billion | CN¥-40.64 Million | -0.036x | -1026.49% |
| 2016-12-31 | CN¥1.22 Billion | CN¥4.73 Million | 0.004x | +6.57% |
| 2015-12-31 | CN¥1.21 Billion | CN¥4.40 Million | 0.004x | -92.50% |
| 2014-12-31 | CN¥1.21 Billion | CN¥58.41 Million | 0.048x | +31.42% |
| 2011-12-31 | CN¥843.72 Million | CN¥31.07 Million | 0.037x | +180.19% |
| 2010-12-31 | CN¥802.67 Million | CN¥10.55 Million | 0.013x | -94.99% |
| 2009-12-31 | CN¥203.92 Million | CN¥53.52 Million | 0.262x | -24.72% |
| 2008-12-31 | CN¥158.57 Million | CN¥55.28 Million | 0.349x | +290.41% |
| 2007-12-31 | CN¥103.63 Million | CN¥9.25 Million | 0.089x | -83.62% |
| 2006-12-31 | CN¥38.51 Million | CN¥21.00 Million | 0.545x | -- |