Shandong Xingmin Wheel Co Ltd (002355) - 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.
Shandong Xingmin Wheel Co Ltd - Cash Flow Conversion Efficiency Trend (2006–2024)
This chart illustrates how Shandong Xingmin Wheel Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 002355 total debt and obligations for a breakdown of total debt and financial obligations.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Petpal Pet Nutrition Technology Co Ltd
SHE:300673
|
0.013x |
|
Ares Acquisition Corporation II
NYSE:AACT
|
-0.003x |
|
Dayang Enterprise Holdings Bhd
KLSE:5141
|
0.048x |
|
Shandong Astro-century Education&Technology Co Ltd
SHE:300654
|
0.023x |
|
Sligro Food Group NV
AS:SLIGR
|
0.382x |
|
Xiamen Xindeco Ltd
SHE:000701
|
-0.332x |
|
Fine Semitech Corp
KQ:036810
|
0.001x |
|
Saha Pathanapibul Public Company Limited
BK:SPC
|
0.016x |
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. For the full company profile with market capitalisation and key ratios, see 002355 market cap overview.
| 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