Shandong Xingmin Wheel Co Ltd Cash Flow Conversion Efficiency
Shandong Xingmin Wheel Co Ltd cash flow conversion efficiency. Based on the latest financial reports, Shandong Xingmin Wheel Co Ltd (002355) has a cash flow conversion efficiency ratio of 0.003x 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¥3.95 Million ≈ $577.60K USD) by net assets (CN¥1.18 Billion ≈ $172.26 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 Shandong Xingmin Wheel Co Ltd (2006–2024)
Cash flow conversion efficiency of Shandong Xingmin Wheel Co Ltd from 2006 to 2024. This chart illustrates how Shandong Xingmin Wheel Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Shandong Xingmin Wheel Co Ltd (002355) share price today for real-time trading data and today's change.
Shandong Xingmin Wheel Co Ltd Cash Flow Conversion Ratio Explained
Shandong Xingmin Wheel 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.
Shandong Xingmin Wheel Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shandong Xingmin Wheel Co Ltd ranked by their cash flow conversion efficiency. Also see Shandong Xingmin Wheel Co Ltd market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Better Collective
ST:BETCO
|
0.030x |
|
Tesco PLC
LSE:TSCO
|
0.242x |
|
Guilin Tourism Corp Ltd
SHE:000978
|
0.059x |
|
Verano Holdings Corp
NEO:VRNO
|
0.045x |
|
Shanghai Haishun New Pharmaceutical Packaging Co Ltd
SHE:300501
|
0.056x |
|
Whitefield Industrials Ltd
AU:WHF
|
0.017x |
|
Salmones Camanchaca S.A
SN:SALMOCAM
|
-0.019x |
|
Hey-Song Corp
TW:1234
|
-0.001x |
Annual Cash Flow Conversion Efficiency for Shandong Xingmin Wheel Co Ltd (2006–2024)
The table below shows the annual cash flow conversion efficiency of Shandong Xingmin Wheel Co Ltd from 2006 to 2024. Review free cash flow generation of Shandong Xingmin Wheel Co Ltd 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¥1.23 Billion ≈ $179.46 Million |
CN¥71.24 Million ≈ $10.42 Million |
0.058x | -8.44% |
| 2023-12-31 | CN¥1.04 Billion ≈ $152.26 Million |
CN¥66.02 Million ≈ $9.66 Million |
0.063x | +102.64% |
| 2022-12-31 | CN¥1.38 Billion ≈ $201.70 Million |
CN¥43.16 Million ≈ $6.32 Million |
0.031x | -48.33% |
| 2021-12-31 | CN¥1.90 Billion ≈ $277.67 Million |
CN¥114.99 Million ≈ $16.83 Million |
0.061x | +65.87% |
| 2020-12-31 | CN¥2.56 Billion ≈ $374.86 Million |
CN¥93.59 Million ≈ $13.69 Million |
0.037x | +55.85% |
| 2019-12-31 | CN¥2.96 Billion ≈ $433.64 Million |
CN¥69.47 Million ≈ $10.17 Million |
0.023x | +1056.44% |
| 2018-12-31 | CN¥2.92 Billion ≈ $427.94 Million |
CN¥5.93 Million ≈ $867.45K |
0.002x | +108.75% |
| 2017-12-31 | CN¥2.20 Billion ≈ $321.80 Million |
CN¥-50.93 Million ≈ $-7.45 Million |
-0.023x | -128.39% |
| 2016-12-31 | CN¥2.11 Billion ≈ $309.31 Million |
CN¥172.41 Million ≈ $25.23 Million |
0.082x | +48.67% |
| 2015-12-31 | CN¥2.04 Billion ≈ $297.93 Million |
CN¥111.70 Million ≈ $16.35 Million |
0.055x | +43.96% |
| 2014-12-31 | CN¥1.97 Billion ≈ $288.98 Million |
CN¥75.26 Million ≈ $11.01 Million |
0.038x | +1547.27% |
| 2013-12-31 | CN¥1.93 Billion ≈ $282.80 Million |
CN¥4.47 Million ≈ $654.25K |
0.002x | -86.55% |
| 2012-12-31 | CN¥1.87 Billion ≈ $274.35 Million |
CN¥32.25 Million ≈ $4.72 Million |
0.017x | +0.90% |
| 2011-12-31 | CN¥1.27 Billion ≈ $186.22 Million |
CN¥21.69 Million ≈ $3.17 Million |
0.017x | +118.33% |
| 2010-12-31 | CN¥1.18 Billion ≈ $172.49 Million |
CN¥-109.60 Million ≈ $-16.04 Million |
-0.093x | -122.00% |
| 2009-12-31 | CN¥393.36 Million ≈ $57.56 Million |
CN¥166.27 Million ≈ $24.33 Million |
0.423x | +722.51% |
| 2008-12-31 | CN¥313.13 Million ≈ $45.82 Million |
CN¥16.09 Million ≈ $2.35 Million |
0.051x | -83.06% |
| 2007-12-31 | CN¥260.25 Million ≈ $38.08 Million |
CN¥78.97 Million ≈ $11.56 Million |
0.303x | +175.30% |
| 2006-12-31 | CN¥211.26 Million ≈ $30.91 Million |
CN¥23.29 Million ≈ $3.41 Million |
0.110x | -- |
About Shandong Xingmin Wheel Co Ltd
Xingmin Intelligent Transportation Systems (Group) Co., Ltd. engages in the research and development, production, and sales of automotive steel wheels in China. It offers passenger car imitation aluminum, passenger car, new energy vehicle, commercial vehicle tubeless lightweight, light truck tubeless, light truck steel, commercial vehicle steel, agricultural and forestry machinery wheels, and oth… Read more