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. Also see Taier Heavy Industry Co Ltd (002347) market capitalisation for the company's overall valuation and market capitalisation.

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. Explore 002347 operating cash flow to net income to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
TRX Gold Corporation TO:TRX	0.079x
Phat Dat Real Estate Development Corp VN:PDR	-0.055x
Locaweb Serviços de Internet S.A. SA:LWSA3	0.038x
Focus Hotmelt Co. Ltd. A SHE:301283	N/A
Tribhovandas Bhimji Zaveri Limited NSE:TBZ	0.040x
Andes Technology Corp TW:6533	-0.006x
Plastika Kritis S.A. AT:PLAKR	0.019x
Shandong Polymer Biochemicals Co Ltd SHE:002476	0.048x

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. View Taier Heavy Industry Co Ltd share price for real-time trading data and today's change.

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

$435.74 Million

CN¥2.98 Billion CNY

Market Cap Rank

#13080 Global

#3880 in China

Share Price

CN¥5.90

Change (1 day)

+0.34%

52-Week Range

CN¥5.03 - CN¥13.72

All Time High

CN¥13.72