Taier Heavy Industry Co Ltd (002347) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-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. See Taier Heavy Industry Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

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.

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
Kolon Corp KO:002020	-0.014x
Shaanxi Xinghua Chemistry Co Ltd SHE:002109	-0.015x
Grand Pacific Petrochemical Corp TW:1312	-0.035x
Zhejiang Lianxiang Smart Home SHG:603272	0.001x
Evolent Health Inc NYSE:EVH	-0.002x
IEI Integration Corp TW:3022	0.073x
Jiangsu Sihuan Bioengineering Co Ltd SHE:000518	0.105x
Shutterstock NYSE:SSTK	0.062x

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. For the full company profile with market capitalisation and key ratios, see Taier Heavy Industry Co Ltd market capitalisation.

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

$470.45 Million

CN¥3.21 Billion CNY

Market Cap Rank

#12723 Global

#3765 in China

Share Price

CN¥6.37

Change (1 day)

-0.47%

52-Week Range

CN¥6.37 - CN¥13.72

All Time High

CN¥13.72