Taier Heavy Industry Co Ltd Cash Flow Conversion Efficiency

Latest as of September 2023: -0.014x

Taier Heavy Industry Co Ltd cash flow conversion efficiency. 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 ≈ $-2.52 Million USD) by net assets (CN¥1.26 Billion ≈ $184.67 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Taier Heavy Industry Co Ltd (2006–2024)

Cash flow conversion efficiency of Taier Heavy Industry Co Ltd from 2006 to 2024. This chart illustrates how Taier Heavy Industry Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Taier Heavy Industry Co Ltd stock price today for real-time trading data and today's change.

Taier Heavy Industry Co Ltd Cash Flow Conversion Ratio Explained

Taier Heavy Industry Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see market cap of Taier Heavy Industry Co Ltd for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Semco Technologies Sas PA:ALSEM	N/A
Carter Bank and Trust NASDAQ:CARE	0.028x
Chengdu Zhimingda Electronics Co. Ltd. A SHG:688636	-0.030x
Zhejiang Jindao Technology Co. Ltd. SHE:301279	N/A
Beijing Comens New Materials SHE:300200	-0.004x
Teck Resources Limited F:TPT	0.038x
Shakti Pumps (India) Limited NSE:SHAKTIPUMP	-0.280x
Princess Private Equity Holding Ltd LSE:PEY	0.050x

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. Review 002347 free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.24 Billion ≈ $181.69 Million	CN¥-2.79 Million ≈ $-408.65K	-0.002x	-103.43%
2023-12-31	CN¥1.22 Billion ≈ $178.67 Million	CN¥80.13 Million ≈ $11.73 Million	0.066x	-23.77%
2022-12-31	CN¥1.26 Billion ≈ $184.72 Million	CN¥108.68 Million ≈ $15.90 Million	0.086x	+81.96%
2021-12-31	CN¥1.37 Billion ≈ $201.09 Million	CN¥65.02 Million ≈ $9.51 Million	0.047x	-15.60%
2020-12-31	CN¥1.17 Billion ≈ $170.61 Million	CN¥65.36 Million ≈ $9.56 Million	0.056x	-30.01%
2019-12-31	CN¥1.18 Billion ≈ $172.09 Million	CN¥94.19 Million ≈ $13.78 Million	0.080x	+10666.70%
2018-12-31	CN¥1.15 Billion ≈ $168.16 Million	CN¥854.86K ≈ $125.09K	0.001x	+102.08%
2017-12-31	CN¥1.13 Billion ≈ $165.96 Million	CN¥-40.64 Million ≈ $-5.95 Million	-0.036x	-1026.49%
2016-12-31	CN¥1.22 Billion ≈ $178.84 Million	CN¥4.73 Million ≈ $691.71K	0.004x	+6.57%
2015-12-31	CN¥1.21 Billion ≈ $177.27 Million	CN¥4.40 Million ≈ $643.36K	0.004x	-92.50%
2014-12-31	CN¥1.21 Billion ≈ $176.57 Million	CN¥58.41 Million ≈ $8.55 Million	0.048x	+31.42%
2011-12-31	CN¥843.72 Million ≈ $123.46 Million	CN¥31.07 Million ≈ $4.55 Million	0.037x	+180.19%
2010-12-31	CN¥802.67 Million ≈ $117.46 Million	CN¥10.55 Million ≈ $1.54 Million	0.013x	-94.99%
2009-12-31	CN¥203.92 Million ≈ $29.84 Million	CN¥53.52 Million ≈ $7.83 Million	0.262x	-24.72%
2008-12-31	CN¥158.57 Million ≈ $23.20 Million	CN¥55.28 Million ≈ $8.09 Million	0.349x	+290.41%
2007-12-31	CN¥103.63 Million ≈ $15.16 Million	CN¥9.25 Million ≈ $1.35 Million	0.089x	-83.62%
2006-12-31	CN¥38.51 Million ≈ $5.64 Million	CN¥21.00 Million ≈ $3.07 Million	0.545x	--

About Taier Heavy Industry Co Ltd

SHE:002347 China Specialty Industrial Machinery

Market Cap

$480.05 Million

CN¥3.28 Billion CNY

Market Cap Rank

#12136 Global

#3468 in China

Share Price

CN¥6.50

Change (1 day)

+0.00%

52-Week Range

CN¥5.03 - CN¥13.72

All Time High

CN¥13.72