Shandong Himile Mechanical Science & Technology Co Ltd Cash Flow Conversion Efficiency

Latest as of September 2023: 0.067x

Shandong Himile Mechanical Science & Technology Co Ltd cash flow conversion efficiency. Based on the latest financial reports, Shandong Himile Mechanical Science & Technology Co Ltd (002595) has a cash flow conversion efficiency ratio of 0.067x as of September 2023. 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¥546.47 Million ≈ $79.97 Million USD) by net assets (CN¥8.17 Billion ≈ $1.20 Billion 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 Himile Mechanical Science & Technology Co Ltd (2008–2024)

Cash flow conversion efficiency of Shandong Himile Mechanical Science & Technology Co Ltd from 2008 to 2024. This chart illustrates how Shandong Himile Mechanical Science & Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 002595 share price today for real-time trading data and today's change.

Shandong Himile Mechanical Science & Technology Co Ltd Cash Flow Conversion Ratio Explained

Shandong Himile Mechanical Science & Technology 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 Himile Mechanical Science & Technology Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Shandong Himile Mechanical Science & Technology Co Ltd ranked by their cash flow conversion efficiency. Also see 002595 market cap overview for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Sundaram Finance Limited NSE:SUNDARMFIN	-0.206x
Bancolombia S.A F:BXK	0.267x
BRF S.A F:P5Y	0.142x
L&T Technology Services Limited NSE:LTTS	0.076x
VEND MARKETPLACES ASA OL:VEND	0.027x
Radian Group Inc NYSE:RDN	0.018x
Sonoco Products Company NYSE:SON	-0.103x
KBR Inc NYSE:KBR	0.030x

Annual Cash Flow Conversion Efficiency for Shandong Himile Mechanical Science & Technology Co Ltd (2008–2024)

The table below shows the annual cash flow conversion efficiency of Shandong Himile Mechanical Science & Technology Co Ltd from 2008 to 2024. Review Shandong Himile Mechanical Science & Tec free cash flow ratio 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¥9.89 Billion ≈ $1.45 Billion	CN¥1.14 Billion ≈ $166.72 Million	0.115x	-38.11%
2023-12-31	CN¥8.62 Billion ≈ $1.26 Billion	CN¥1.60 Billion ≈ $234.85 Million	0.186x	+146.20%
2022-12-31	CN¥7.34 Billion ≈ $1.07 Billion	CN¥555.41 Million ≈ $81.27 Million	0.076x	+315.98%
2021-12-31	CN¥6.51 Billion ≈ $952.70 Million	CN¥118.38 Million ≈ $17.32 Million	0.018x	+182.17%
2020-12-31	CN¥5.78 Billion ≈ $845.16 Million	CN¥-127.80 Million ≈ $-18.70 Million	-0.022x	+35.92%
2019-12-31	CN¥4.96 Billion ≈ $725.38 Million	CN¥-171.17 Million ≈ $-25.05 Million	-0.035x	-169.03%
2018-12-31	CN¥4.35 Billion ≈ $636.15 Million	CN¥217.47 Million ≈ $31.82 Million	0.050x	-54.12%
2017-12-31	CN¥3.90 Billion ≈ $571.22 Million	CN¥425.62 Million ≈ $62.28 Million	0.109x	-33.82%
2016-12-31	CN¥3.53 Billion ≈ $516.78 Million	CN¥581.79 Million ≈ $85.13 Million	0.165x	-10.41%
2015-12-31	CN¥3.01 Billion ≈ $440.41 Million	CN¥553.45 Million ≈ $80.99 Million	0.184x	+85.92%
2014-12-31	CN¥2.56 Billion ≈ $374.74 Million	CN¥253.29 Million ≈ $37.06 Million	0.099x	-2.67%
2013-12-31	CN¥2.25 Billion ≈ $329.18 Million	CN¥228.61 Million ≈ $33.45 Million	0.102x	-18.35%
2012-12-31	CN¥2.05 Billion ≈ $299.96 Million	CN¥255.14 Million ≈ $37.33 Million	0.124x	+183.60%
2011-12-31	CN¥1.97 Billion ≈ $288.26 Million	CN¥86.46 Million ≈ $12.65 Million	0.044x	-85.69%
2010-12-31	CN¥605.10 Million ≈ $88.55 Million	CN¥185.64 Million ≈ $27.16 Million	0.307x	-7.00%
2009-12-31	CN¥416.98 Million ≈ $61.02 Million	CN¥137.55 Million ≈ $20.13 Million	0.330x	+886.40%
2008-12-31	CN¥356.02 Million ≈ $52.10 Million	CN¥11.91 Million ≈ $1.74 Million	0.033x	--

About Shandong Himile Mechanical Science & Technology Co Ltd

SHE:002595 China Specialty Industrial Machinery

Market Cap

$4.83 Billion

CN¥33.04 Billion CNY

Market Cap Rank

#3540 Global

#439 in China

Share Price

CN¥41.30

Change (1 day)

+0.00%

52-Week Range

CN¥37.62 - CN¥98.56

All Time High

CN¥98.56