Gifore Agricultural Machinery Chain Co Ltd Cash Flow Conversion Efficiency
Gifore Agricultural Machinery Chain Co Ltd cash flow conversion efficiency. Based on the latest financial reports, Gifore Agricultural Machinery Chain Co Ltd (300022) has a cash flow conversion efficiency ratio of -0.017x 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¥-14.80 Million ≈ $-2.17 Million USD) by net assets (CN¥848.08 Million ≈ $124.10 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Gifore Agricultural Machinery Chain Co Ltd (2006–2024)
Cash flow conversion efficiency of Gifore Agricultural Machinery Chain Co Ltd from 2006 to 2024. This chart illustrates how Gifore Agricultural Machinery Chain Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Gifore Agricultural Machinery Chain Co L (300022) stock price for real-time trading data and today's change.
Gifore Agricultural Machinery Chain Co Ltd Cash Flow Conversion Ratio Explained
Gifore Agricultural Machinery Chain Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Gifore Agricultural Machinery Chain Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gifore Agricultural Machinery Chain Co Ltd ranked by their cash flow conversion efficiency. Also see 300022 market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Qualitas Ltd
AU:QAL
|
-0.247x |
|
MSC Income Fund, Inc.
NYSE:MSIF
|
0.023x |
|
Beyond, Inc.
NASDAQ:BYON
|
0.121x |
|
Zheshang Development Group Co Ltd
SHE:000906
|
-0.164x |
|
Kforce Inc.
NASDAQ:KFRC
|
0.177x |
|
AmRest Holdings SE
MC:EAT
|
0.278x |
|
Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS
IS:IPEKE
|
-0.012x |
|
Voyager Acquisition Corp
NASDAQ:VACH
|
0.010x |
Annual Cash Flow Conversion Efficiency for Gifore Agricultural Machinery Chain Co Ltd (2006–2024)
The table below shows the annual cash flow conversion efficiency of Gifore Agricultural Machinery Chain Co Ltd from 2006 to 2024. Review 300022 free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥872.96 Million ≈ $127.74 Million |
CN¥52.49 Million ≈ $7.68 Million |
0.060x | -17.33% |
| 2023-12-31 | CN¥891.68 Million ≈ $130.48 Million |
CN¥64.86 Million ≈ $9.49 Million |
0.073x | -76.45% |
| 2022-12-31 | CN¥392.54 Million ≈ $57.44 Million |
CN¥121.23 Million ≈ $17.74 Million |
0.309x | +23.60% |
| 2021-12-31 | CN¥331.34 Million ≈ $48.49 Million |
CN¥82.79 Million ≈ $12.12 Million |
0.250x | -45.23% |
| 2020-12-31 | CN¥288.77 Million ≈ $42.26 Million |
CN¥131.75 Million ≈ $19.28 Million |
0.456x | +235.94% |
| 2019-12-31 | CN¥286.91 Million ≈ $41.98 Million |
CN¥-96.29 Million ≈ $-14.09 Million |
-0.336x | -527.25% |
| 2018-12-31 | CN¥406.32 Million ≈ $59.46 Million |
CN¥31.92 Million ≈ $4.67 Million |
0.079x | -79.26% |
| 2017-12-31 | CN¥397.77 Million ≈ $58.21 Million |
CN¥150.64 Million ≈ $22.04 Million |
0.379x | +23.95% |
| 2016-12-31 | CN¥468.43 Million ≈ $68.55 Million |
CN¥143.13 Million ≈ $20.94 Million |
0.306x | +96.03% |
| 2012-12-31 | CN¥929.70 Million ≈ $136.04 Million |
CN¥144.91 Million ≈ $21.21 Million |
0.156x | +14.69% |
| 2009-12-31 | CN¥556.16 Million ≈ $81.38 Million |
CN¥75.58 Million ≈ $11.06 Million |
0.136x | -72.51% |
| 2007-12-31 | CN¥39.32 Million ≈ $5.75 Million |
CN¥19.44 Million ≈ $2.84 Million |
0.494x | +111.52% |
| 2006-12-31 | CN¥16.76 Million ≈ $2.45 Million |
CN¥3.92 Million ≈ $573.33K |
0.234x | -- |
About Gifore Agricultural Machinery Chain Co Ltd
Gifore Agricultural Science & Technology Service Co.,Ltd offers agricultural machinery in China. The company provides traditional agricultural, vegetable farm, orchard, livestock, smart agriculture solutions and freight truck. Gifore Agricultural Science & Technology Service Co.,Ltd was formerly known as Gifore Agricultural Machinery Chain Co., Ltd. and changed its name to Gifore Agricultural Sci… Read more