Jiangsu Changbao Steeltube Co Ltd (002478) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.032x

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.

Jiangsu Changbao Steeltube Co Ltd - Cash Flow Conversion Efficiency Trend (2007–2024)

This chart illustrates how Jiangsu Changbao Steeltube Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Jiangsu Changbao Steeltube Co Ltd debt and liabilities for a breakdown of total debt and financial obligations.

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
Taiyuan Heavy Industry Co Ltd SHG:600169	0.080x
CHINA RISUN GROUP HD-10 F:45Y	N/A
Beijing Shenzhou Aerospace Software Technology Co. Ltd. A SHG:688562	N/A
Trinity Capital Inc NASDAQ:TRIN	0.027x
Tetra Technologies Inc NYSE:TTI	0.112x
Fujian Boss Software Development Co Ltd SHE:300525	0.016x
Shenyang Toly Bread Co Ltd SHG:603866	0.043x
Wuhan Huazhong Numerical Control Co Ltd SHE:300161	0.051x

Annual Cash Flow Conversion Efficiency for Jiangsu Changbao Steeltube Co Ltd (2007–2024)

The table below shows the annual cash flow conversion efficiency of Jiangsu Changbao Steeltube Co Ltd from 2007 to 2024. 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
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

SHE:002478 China Steel

Market Cap

$1.17 Billion

CN¥7.96 Billion CNY

Market Cap Rank

#8567 Global

#2268 in China

Share Price

CN¥8.84

Change (1 day)

-3.39%

52-Week Range

CN¥5.13 - CN¥13.87

All Time High

CN¥13.87