Baiyang Aquatic Group Inc (002696) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Baiyang Aquatic Group Inc (002696) has a cash flow conversion efficiency ratio of 0.002x 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¥3.79 Million ≈ $555.10K USD) by net assets (CN¥1.53 Billion ≈ $223.68 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Baiyang Aquatic Group Inc - Cash Flow Conversion Efficiency Trend (2009–2024)
This chart illustrates how Baiyang Aquatic Group Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Baiyang Aquatic Group Inc (002696) total liabilities for a breakdown of total debt and financial obligations.
Baiyang Aquatic Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Baiyang Aquatic Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
RFG Holdings Ltd
JSE:RFG
|
0.121x |
|
Absci Corp
NASDAQ:ABSI
|
-0.119x |
|
Dimerco Express
TWO:5609
|
0.001x |
|
Alucon Public Company Limited
BK:ALUCON
|
0.018x |
|
Invercap
SN:INVERCAP
|
0.051x |
|
Bus Online Co Ltd
SHE:002188
|
-0.085x |
|
Bewi Asa
OL:BEWI
|
0.034x |
|
West Coast Paper Mills Limited
NSE:WSTCSTPAPR
|
0.024x |
Annual Cash Flow Conversion Efficiency for Baiyang Aquatic Group Inc (2009–2024)
The table below shows the annual cash flow conversion efficiency of Baiyang Aquatic Group Inc from 2009 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Baiyang Aquatic Group Inc worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.43 Billion ≈ $208.53 Million |
CN¥-60.18 Million ≈ $-8.81 Million |
-0.042x | -126.26% |
| 2023-12-31 | CN¥1.49 Billion ≈ $218.42 Million |
CN¥240.06 Million ≈ $35.13 Million |
0.161x | +38.06% |
| 2022-12-31 | CN¥1.52 Billion ≈ $221.83 Million |
CN¥176.60 Million ≈ $25.84 Million |
0.116x | +857.94% |
| 2021-12-31 | CN¥1.45 Billion ≈ $211.94 Million |
CN¥-22.26 Million ≈ $-3.26 Million |
-0.015x | -162.71% |
| 2020-12-31 | CN¥1.42 Billion ≈ $207.39 Million |
CN¥34.73 Million ≈ $5.08 Million |
0.025x | -90.14% |
| 2019-12-31 | CN¥1.40 Billion ≈ $205.26 Million |
CN¥348.63 Million ≈ $51.02 Million |
0.249x | +919.09% |
| 2018-12-31 | CN¥2.31 Billion ≈ $337.63 Million |
CN¥56.27 Million ≈ $8.23 Million |
0.024x | -82.45% |
| 2017-12-31 | CN¥2.30 Billion ≈ $336.75 Million |
CN¥319.83 Million ≈ $46.80 Million |
0.139x | +98.77% |
| 2016-12-31 | CN¥1.12 Billion ≈ $164.13 Million |
CN¥78.42 Million ≈ $11.48 Million |
0.070x | +2.15% |
| 2015-12-31 | CN¥1.07 Billion ≈ $156.53 Million |
CN¥73.22 Million ≈ $10.71 Million |
0.068x | -35.67% |
| 2013-12-31 | CN¥942.63 Million ≈ $137.94 Million |
CN¥100.31 Million ≈ $14.68 Million |
0.106x | +84.69% |
| 2012-12-31 | CN¥913.06 Million ≈ $133.61 Million |
CN¥52.61 Million ≈ $7.70 Million |
0.058x | -80.06% |
| 2011-12-31 | CN¥343.70 Million ≈ $50.29 Million |
CN¥99.33 Million ≈ $14.54 Million |
0.289x | +75.75% |
| 2010-12-31 | CN¥297.25 Million ≈ $43.50 Million |
CN¥48.88 Million ≈ $7.15 Million |
0.164x | +166.88% |
| 2009-12-31 | CN¥175.25 Million ≈ $25.64 Million |
CN¥10.80 Million ≈ $1.58 Million |
0.062x | -- |
About Baiyang Aquatic Group Inc
Baiyang Investment Group, Inc., together with its subsidiaries, operates in the aquaculture industry in China. The company is involved in feed and feed raw materials, aquatic product processing, biological product, ocean fishing, and processing business, as well as aquatic research and development, aquatic fry breeding, feedstuff production, fish farming, and gelatine and other biological product… Read more