Guangzhou Pearl River Piano Group Co Ltd
Guangzhou Pearl River Piano Group Co., Ltd. engages in the research and development, manufacturing, sales and service of piano and digital musical instrument products in China and internationally. The company offers pianos, violins, digital pianos, strings, guitars, and wind instruments and folk music, as well as musical instrument accessories and music culture teaching materials. It also engages… Read more
Guangzhou Pearl River Piano Group Co Ltd (002678) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.021x
Based on the latest financial reports, Guangzhou Pearl River Piano Group Co Ltd (002678) has a cash flow conversion efficiency ratio of -0.021x 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¥-67.68 Million) by net assets (CN¥3.26 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Guangzhou Pearl River Piano Group Co Ltd - Cash Flow Conversion Efficiency Trend (2009–2024)
This chart illustrates how Guangzhou Pearl River Piano Group Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Guangzhou Pearl River Piano Group Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Guangzhou Pearl River Piano Group Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Microvision Inc
NASDAQ:MVIS
|
-0.277x |
|
Groenlandsbanken AS
CO:GRLA
|
0.003x |
|
Zhejiang Busen Garments Co Ltd
SHE:002569
|
-0.793x |
|
Ventive Hospitality Ltd
NSE:VENTIVE
|
0.021x |
|
Guangdong Tianan New Material
SHG:603725
|
0.079x |
|
MBM Resources Bhd
KLSE:5983
|
0.005x |
|
TOYO Corporation
MU:TOY
|
N/A |
|
Jiangxi Hengda Hi-Tech Co Ltd
SHE:002591
|
-0.032x |
Annual Cash Flow Conversion Efficiency for Guangzhou Pearl River Piano Group Co Ltd (2009–2024)
The table below shows the annual cash flow conversion efficiency of Guangzhou Pearl River Piano Group Co Ltd from 2009 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥3.47 Billion | CN¥-217.06 Million | -0.063x | +26.14% |
| 2023-12-31 | CN¥3.73 Billion | CN¥-315.88 Million | -0.085x | -434.44% |
| 2022-12-31 | CN¥3.75 Billion | CN¥94.91 Million | 0.025x | -70.06% |
| 2021-12-31 | CN¥3.68 Billion | CN¥311.06 Million | 0.085x | -45.13% |
| 2020-12-31 | CN¥3.55 Billion | CN¥547.88 Million | 0.154x | +158.89% |
| 2019-12-31 | CN¥3.43 Billion | CN¥204.03 Million | 0.060x | +60.72% |
| 2018-12-31 | CN¥3.33 Billion | CN¥123.27 Million | 0.037x | -46.89% |
| 2017-12-31 | CN¥3.23 Billion | CN¥225.44 Million | 0.070x | -43.14% |
| 2016-12-31 | CN¥2.03 Billion | CN¥248.78 Million | 0.123x | +25.35% |
| 2015-12-31 | CN¥1.93 Billion | CN¥189.08 Million | 0.098x | +42.23% |
| 2014-12-31 | CN¥1.85 Billion | CN¥127.38 Million | 0.069x | +149.57% |
| 2013-12-31 | CN¥1.81 Billion | CN¥49.82 Million | 0.028x | -68.12% |
| 2012-12-31 | CN¥1.66 Billion | CN¥143.79 Million | 0.087x | -54.31% |
| 2011-12-31 | CN¥929.84 Million | CN¥176.12 Million | 0.189x | -0.43% |
| 2010-12-31 | CN¥830.72 Million | CN¥158.03 Million | 0.190x | -16.41% |
| 2009-12-31 | CN¥793.12 Million | CN¥180.49 Million | 0.228x | -- |