Shandong Xingmin Wheel Co Ltd (002355) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.003x

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. See Shandong Xingmin Wheel Co Ltd (002355) net asset quality to measure how much of total assets are equity-financed.

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. Check Shandong Xingmin Wheel Co Ltd earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

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
Banestes S.A - Banco do Estado do Espírito Santo SA:BEES3	-1.747x
Dream Finders Homes Inc NYSE:DFH	-0.031x
Hanwha General KO:000370	0.202x
Multiconsult AS OL:MULTI	0.212x
Shanghai Lujiazui Finance & Trade Zone Development Co Ltd B SHG:900932	-0.096x
Concord Securities Co Ltd TWO:6016	-0.519x
Wilson Bayly Holmes Ovcon Ltd JSE:WBO	0.150x
Shyft Group Inc NASDAQ:SHYF	-0.018x

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.

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

SHE:002355 China Auto Parts

Market Cap

$439.21 Million

CN¥3.00 Billion CNY

Market Cap Rank

#12773 Global

#3717 in China

Share Price

CN¥4.49

Change (1 day)

+2.51%

52-Week Range

CN¥4.03 - CN¥7.55

All Time High

CN¥24.08