Elite Color Environmental Resources (002998) - Cash Flow Conversion Efficiency

Latest as of June 2025: 0.002x

Based on the latest financial reports, Elite Color Environmental Resources (002998) has a cash flow conversion efficiency ratio of 0.002x as of June 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¥3.63 Million ≈ $531.20K USD) by net assets (CN¥1.63 Billion ≈ $238.82 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 Elite Color Environmental Resources balance sheet independence to measure how much of total assets are equity-financed.

Elite Color Environmental Resources - Cash Flow Conversion Efficiency Trend (2016–2025)

This chart illustrates how Elite Color Environmental Resources 's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Elite Color Environmental Resources cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

Elite Color Environmental Resources Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Elite Color Environmental Resources ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
PetroVietnam Drilling & Well Service Corp VN:PVD	-0.017x
Emergent Biosolutions Inc NYSE:EBS	-0.065x
Patrimoine et Commerce SA PA:PAT	0.027x
Home Invest Belgium - Sifi BR:HOMI	0.024x
Puma Biotechnology Inc NASDAQ:PBYI	0.111x
Guggenheim Taxable Municipal Managed Duration Trust NYSE:GBAB	0.026x
Zhongxing Shenyang Commercial Building Group Co Ltd SHE:000715	0.029x
Yunnan Jianzhijia Health-Chain Co Ltd SHG:605266	0.100x

Annual Cash Flow Conversion Efficiency for Elite Color Environmental Resources (2016–2025)

The table below shows the annual cash flow conversion efficiency of Elite Color Environmental Resources from 2016 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Elite Color Environmental Resources .

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥1.77 Billion ≈ $258.55 Million	CN¥256.84 Million ≈ $37.58 Million	0.145x	+324.31%
2024-12-31	CN¥1.77 Billion ≈ $258.93 Million	CN¥-114.67 Million ≈ $-16.78 Million	-0.065x	-153.72%
2023-12-31	CN¥1.70 Billion ≈ $249.02 Million	CN¥205.29 Million ≈ $30.04 Million	0.121x	+1569.86%
2022-12-31	CN¥1.63 Billion ≈ $239.09 Million	CN¥11.80 Million ≈ $1.73 Million	0.007x	+162.03%
2021-12-31	CN¥1.47 Billion ≈ $215.43 Million	CN¥4.06 Million ≈ $593.95K	0.003x	-95.82%
2020-12-31	CN¥1.40 Billion ≈ $205.32 Million	CN¥92.55 Million ≈ $13.54 Million	0.066x	-71.11%
2019-12-31	CN¥836.38 Million ≈ $122.39 Million	CN¥190.99 Million ≈ $27.95 Million	0.228x	+684.91%
2018-12-31	CN¥748.92 Million ≈ $109.59 Million	CN¥-29.24 Million ≈ $-4.28 Million	-0.039x	-223.64%
2017-12-31	CN¥632.36 Million ≈ $92.53 Million	CN¥19.97 Million ≈ $2.92 Million	0.032x	+188.49%
2016-12-31	CN¥551.37 Million ≈ $80.68 Million	CN¥-19.67 Million ≈ $-2.88 Million	-0.036x	--

About Elite Color Environmental Resources

SHE:002998 China Specialty Chemicals

Market Cap

$382.13 Million

CN¥2.61 Billion CNY

Market Cap Rank

#13552 Global

#4001 in China

Share Price

CN¥7.36

Change (1 day)

+3.08%

52-Week Range

CN¥6.43 - CN¥10.19

All Time High

CN¥15.85