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. See defensive interval ratio of Kennede Electronics MFG Co Ltd to measure how many days the company can operate on defensive assets alone.

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.

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
Yungshin Construction & Development Co Ltd TWO:5508	-0.035x
BOE Tech Group SHE:200725	0.070x
WONIK Materials Co.Ltd KQ:104830	0.063x
Sunfly Intelligent Technology Co Ltd SHE:300423	-0.016x
Menivim The New REIT Ltd TA:MNRT	0.010x
Norma Group AG NA O.N. XETRA:NOEJ	0.035x
IGG Inc F:I91	-0.006x
AS Tallink Grupp HE:TALLINK	0.086x

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

$422.62 Million

CN¥2.89 Billion CNY

Market Cap Rank

#13273 Global

#3976 in China

Share Price

CN¥8.69

Change (1 day)

+7.02%

52-Week Range

CN¥7.09 - CN¥11.62

All Time High

CN¥574.92