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 Kennede Electronics MFG Co Ltd balance sheet quality to measure how much of total assets are equity-financed.

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. Check how high is Kennede Electronics MFG Co Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.

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
AhnLab Inc KQ:053800	0.032x
FocalTech Systems Co Ltd TW:3545	0.063x
Flying Technology Co Ltd SHG:603488	0.041x
Asia Cuanon Tech (Shanghai) SHG:603378	-0.615x
Spirox Corp TW:3055	-0.005x
Xpro India Limited NSE:XPROINDIA	-0.003x
Sappe Public Company Limited BK:SAPPE	0.070x
Yaxing Chem SHG:600319	-0.091x

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 Kennede Electronics MFG Co Ltd market capitalisation.

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

$330.71 Million

CN¥2.26 Billion CNY

Market Cap Rank

#14248 Global

#4226 in China

Share Price

CN¥6.80

Change (1 day)

+2.26%

52-Week Range

CN¥6.42 - CN¥11.62

All Time High

CN¥574.92