Jiangsu Changbao Steeltube Co Ltd (002478) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Jiangsu Changbao Steeltube Co Ltd (002478) has a cash flow conversion efficiency ratio of 0.032x 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¥186.84 Million ≈ $27.34 Million USD) by net assets (CN¥5.91 Billion ≈ $864.56 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 002478 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Jiangsu Changbao Steeltube Co Ltd - Cash Flow Conversion Efficiency Trend (2007–2025)
This chart illustrates how Jiangsu Changbao Steeltube Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Jiangsu Changbao Steeltube Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Jiangsu Changbao Steeltube Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Colorlight Cloud Tech Ltd. A
SHE:301391
|
N/A |
|
Gujarat Narmada Valley Fertilizers and Chemicals Limited
NSE:GNFC
|
0.033x |
|
Tianjin Benefo Tejing Electric Co Ltd
SHG:600468
|
0.001x |
|
Evommune, Inc.
NYSE:EVMN
|
-0.081x |
|
Xvivo Perfusion AB
ST:XVIVO
|
0.030x |
|
Beijing Kingee Culture Development Co Ltd
SHE:002721
|
0.000x |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
0.059x |
|
Scholastic Corporation
NASDAQ:SCHL
|
0.079x |
Annual Cash Flow Conversion Efficiency for Jiangsu Changbao Steeltube Co Ltd (2007–2025)
The table below shows the annual cash flow conversion efficiency of Jiangsu Changbao Steeltube Co Ltd from 2007 to 2025. For the full company profile with market capitalisation and key ratios, see how much is Jiangsu Changbao Steeltube Co Ltd worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CN¥6.00 Billion ≈ $878.58 Million |
CN¥634.64 Million ≈ $92.87 Million |
0.106x | -27.85% |
| 2024-12-31 | CN¥5.85 Billion ≈ $856.33 Million |
CN¥857.32 Million ≈ $125.45 Million |
0.147x | +61.89% |
| 2023-12-31 | CN¥5.41 Billion ≈ $791.71 Million |
CN¥489.61 Million ≈ $71.65 Million |
0.090x | -45.24% |
| 2022-12-31 | CN¥4.74 Billion ≈ $693.47 Million |
CN¥783.20 Million ≈ $114.61 Million |
0.165x | +250.16% |
| 2021-12-31 | CN¥4.39 Billion ≈ $641.87 Million |
CN¥-482.76 Million ≈ $-70.64 Million |
-0.110x | -176.76% |
| 2020-12-31 | CN¥4.68 Billion ≈ $685.33 Million |
CN¥671.47 Million ≈ $98.26 Million |
0.143x | +6.70% |
| 2019-12-31 | CN¥4.98 Billion ≈ $728.78 Million |
CN¥669.18 Million ≈ $97.92 Million |
0.134x | -12.93% |
| 2018-12-31 | CN¥4.45 Billion ≈ $650.81 Million |
CN¥686.33 Million ≈ $100.43 Million |
0.154x | +6.47% |
| 2017-12-31 | CN¥3.96 Billion ≈ $579.61 Million |
CN¥574.12 Million ≈ $84.01 Million |
0.145x | +203.23% |
| 2016-12-31 | CN¥3.15 Billion ≈ $461.27 Million |
CN¥150.68 Million ≈ $22.05 Million |
0.048x | -60.68% |
| 2015-12-31 | CN¥3.10 Billion ≈ $453.64 Million |
CN¥376.91 Million ≈ $55.15 Million |
0.122x | -59.43% |
| 2014-12-31 | CN¥3.06 Billion ≈ $448.40 Million |
CN¥918.35 Million ≈ $134.38 Million |
0.300x | +292.71% |
| 2013-12-31 | CN¥2.88 Billion ≈ $420.74 Million |
CN¥219.43 Million ≈ $32.11 Million |
0.076x | +26.40% |
| 2012-12-31 | CN¥2.69 Billion ≈ $393.69 Million |
CN¥162.44 Million ≈ $23.77 Million |
0.060x | +143.43% |
| 2011-12-31 | CN¥2.59 Billion ≈ $378.42 Million |
CN¥-359.50 Million ≈ $-52.61 Million |
-0.139x | -215.02% |
| 2010-12-31 | CN¥2.35 Billion ≈ $344.11 Million |
CN¥284.21 Million ≈ $41.59 Million |
0.121x | +158.57% |
| 2009-12-31 | CN¥1.07 Billion ≈ $156.36 Million |
CN¥-220.47 Million ≈ $-32.26 Million |
-0.206x | -122.78% |
| 2008-12-31 | CN¥868.03 Million ≈ $127.02 Million |
CN¥786.40 Million ≈ $115.07 Million |
0.906x | +76.71% |
| 2007-12-31 | CN¥496.84 Million ≈ $72.70 Million |
CN¥254.72 Million ≈ $37.27 Million |
0.513x | -- |
About Jiangsu Changbao Steeltube Co Ltd
Jiangsu Changbao Steeltube Co.,Ltd manufactures and sells steel tubes in the People's Republic of China and internationally. The company offers OCTG products for petroleum industry, including connection tubing and casings, coupling stocks, perforation gun carrier pipes, petroleum tool pipes, drill and green pipes, and slotted pipes; boiler tubes for power generation, such as boiler tubes, water h… Read more