Kennede Electronics MFG Co Ltd (002723) - Cash Flow Conversion Efficiency

Latest as of September 2023: -0.012x

Based on the latest financial reports, Kennede Electronics MFG Co Ltd (002723) has a cash flow conversion efficiency ratio of -0.012x 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¥-15.68 Million ≈ $-2.29 Million USD) by net assets (CN¥1.29 Billion ≈ $188.29 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Kennede Electronics MFG Co Ltd - Cash Flow Conversion Efficiency Trend (2010–2024)

This chart illustrates how Kennede Electronics MFG Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Kennede Electronics MFG Co Ltd carry for a breakdown of total debt and financial obligations.

Kennede Electronics MFG Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Kennede Electronics MFG Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Octopus Apollo VCT PLC LSE:OAP3	-0.021x
Cars.com Inc NYSE:CARS	0.079x
Caisse Regionale de Credit Agricole Mutuel Brie Picardie PA:CRBP2	0.133x
Dare Technology Co Ltd SHE:000910	0.003x
ZYF Lopsking Aluminum Co Ltd SHE:002333	0.000x
Ege Profil Ticaret ve Sanayi AS IS:EGPRO	0.038x
Farglory FTZ Investment Holding Co Ltd TW:5607	0.041x
Gansu Yatai Industrial Development Co Ltd SHE:000691	-0.880x

Annual Cash Flow Conversion Efficiency for Kennede Electronics MFG Co Ltd (2010–2024)

The table below shows the annual cash flow conversion efficiency of Kennede Electronics MFG Co Ltd from 2010 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Kennede Electronics MFG Co Ltd.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.05 Billion ≈ $153.87 Million	CN¥65.74 Million ≈ $9.62 Million	0.063x	-5.00%
2023-12-31	CN¥1.27 Billion ≈ $186.28 Million	CN¥83.77 Million ≈ $12.26 Million	0.066x	+172.30%
2022-12-31	CN¥1.24 Billion ≈ $181.94 Million	CN¥-113.16 Million ≈ $-16.56 Million	-0.091x	-26.03%
2021-12-31	CN¥1.22 Billion ≈ $178.84 Million	CN¥-88.26 Million ≈ $-12.91 Million	-0.072x	-176.53%
2020-12-31	CN¥637.94 Million ≈ $93.35 Million	CN¥60.19 Million ≈ $8.81 Million	0.094x	+376.92%
2019-12-31	CN¥605.18 Million ≈ $88.56 Million	CN¥11.97 Million ≈ $1.75 Million	0.020x	+122.69%
2018-12-31	CN¥582.24 Million ≈ $85.20 Million	CN¥-50.77 Million ≈ $-7.43 Million	-0.087x	-193.44%
2017-12-31	CN¥653.89 Million ≈ $95.68 Million	CN¥61.02 Million ≈ $8.93 Million	0.093x	-35.88%
2016-12-31	CN¥641.50 Million ≈ $93.87 Million	CN¥93.36 Million ≈ $13.66 Million	0.146x	+2118.19%
2015-12-31	CN¥655.30 Million ≈ $95.89 Million	CN¥-4.73 Million ≈ $-691.45K	-0.007x	-106.51%
2014-12-31	CN¥620.22 Million ≈ $90.76 Million	CN¥68.68 Million ≈ $10.05 Million	0.111x	-21.89%
2013-12-31	CN¥350.32 Million ≈ $51.26 Million	CN¥49.67 Million ≈ $7.27 Million	0.142x	-34.67%
2012-12-31	CN¥309.92 Million ≈ $45.35 Million	CN¥67.26 Million ≈ $9.84 Million	0.217x	-12.12%
2011-12-31	CN¥247.92 Million ≈ $36.28 Million	CN¥61.23 Million ≈ $8.96 Million	0.247x	+111.91%
2010-12-31	CN¥192.38 Million ≈ $28.15 Million	CN¥22.42 Million ≈ $3.28 Million	0.117x	--

About Kennede Electronics MFG Co Ltd

SHE:002723 China Furnishings, Fixtures & Appliances

Market Cap

$543.23 Million

CN¥3.71 Billion CNY

Market Cap Rank

#12092 Global

#3728 in China

Share Price

CN¥11.17

Change (1 day)

+4.98%

52-Week Range

CN¥6.99 - CN¥11.62

All Time High

CN¥574.92