Shanghai Taisheng Wind Power (300129) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Shanghai Taisheng Wind Power (300129) has a cash flow conversion efficiency ratio of 0.062x as of September 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¥290.16 Million ≈ $42.46 Million USD) by net assets (CN¥4.65 Billion ≈ $680.13 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 how many days can Shanghai Taisheng Wind Power fund operations to measure how many days the company can operate on defensive assets alone.
Shanghai Taisheng Wind Power - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Shanghai Taisheng Wind Power's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Shanghai Taisheng Wind Power Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shanghai Taisheng Wind Power ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
TianJin 712 Communication & Broadcasting Co Ltd
SHG:603712
|
-0.055x |
|
Dis-Chem Pharmacies
JSE:DCP
|
0.341x |
|
Anhui Guofeng Plastic Industry Co Ltd
SHE:000859
|
-0.005x |
|
Chongqing Iron & Steel Co Ltd Class A
SHG:601005
|
0.058x |
|
Beijing Jiuzhou Yi Gui Environmental Technology Co. Ltd.
SHG:688485
|
N/A |
|
Global Blue Group Holding Ltd
NYSE:GB
|
0.190x |
|
NMDC Steel Limited
NSE:NSLNISP
|
0.063x |
|
Etablissements Maurel et Prom SA
PA:MAU
|
0.087x |
Annual Cash Flow Conversion Efficiency for Shanghai Taisheng Wind Power (2007–2024)
The table below shows the annual cash flow conversion efficiency of Shanghai Taisheng Wind Power from 2007 to 2024. For the full company profile with market capitalisation and key ratios, see 300129 market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥4.49 Billion ≈ $657.53 Million |
CN¥-380.04 Million ≈ $-55.61 Million |
-0.085x | -90.70% |
| 2023-12-31 | CN¥4.34 Billion ≈ $634.85 Million |
CN¥-192.41 Million ≈ $-28.16 Million |
-0.044x | +39.17% |
| 2022-12-31 | CN¥4.06 Billion ≈ $593.85 Million |
CN¥-295.90 Million ≈ $-43.30 Million |
-0.073x | -1409.11% |
| 2021-12-31 | CN¥2.78 Billion ≈ $406.49 Million |
CN¥-13.42 Million ≈ $-1.96 Million |
-0.005x | +82.62% |
| 2020-12-31 | CN¥2.61 Billion ≈ $382.50 Million |
CN¥-72.65 Million ≈ $-10.63 Million |
-0.028x | -119.97% |
| 2019-12-31 | CN¥2.32 Billion ≈ $339.93 Million |
CN¥323.35 Million ≈ $47.32 Million |
0.139x | +46.99% |
| 2018-12-31 | CN¥2.21 Billion ≈ $323.41 Million |
CN¥209.29 Million ≈ $30.63 Million |
0.095x | +204.70% |
| 2017-12-31 | CN¥2.26 Billion ≈ $330.33 Million |
CN¥70.16 Million ≈ $10.27 Million |
0.031x | -64.61% |
| 2016-12-31 | CN¥2.15 Billion ≈ $314.65 Million |
CN¥188.84 Million ≈ $27.63 Million |
0.088x | +177.67% |
| 2015-12-31 | CN¥1.96 Billion ≈ $287.28 Million |
CN¥62.09 Million ≈ $9.09 Million |
0.032x | -25.46% |
| 2014-12-31 | CN¥1.71 Billion ≈ $250.68 Million |
CN¥72.69 Million ≈ $10.64 Million |
0.042x | +6.16% |
| 2013-12-31 | CN¥1.64 Billion ≈ $239.65 Million |
CN¥65.46 Million ≈ $9.58 Million |
0.040x | -15.02% |
| 2012-12-31 | CN¥1.41 Billion ≈ $206.83 Million |
CN¥66.48 Million ≈ $9.73 Million |
0.047x | +387.58% |
| 2011-12-31 | CN¥1.35 Billion ≈ $196.87 Million |
CN¥-22.00 Million ≈ $-3.22 Million |
-0.016x | +56.56% |
| 2010-12-31 | CN¥1.31 Billion ≈ $191.16 Million |
CN¥-49.18 Million ≈ $-7.20 Million |
-0.038x | -110.32% |
| 2009-12-31 | CN¥301.14 Million ≈ $44.07 Million |
CN¥109.85 Million ≈ $16.07 Million |
0.365x | +4510.33% |
| 2008-12-31 | CN¥221.57 Million ≈ $32.42 Million |
CN¥1.75 Million ≈ $256.53K |
0.008x | -99.00% |
| 2007-12-31 | CN¥72.92 Million ≈ $10.67 Million |
CN¥57.93 Million ≈ $8.48 Million |
0.794x | -- |
About Shanghai Taisheng Wind Power
TSP Wind Power Group Co., Ltd. designs, manufactures, and sells wind towers in China. The company manufactures wind power equipment and generates power for wind power industry. The company was formerly known as Shanghai Taisheng Wind Power Equipment Co., Ltd. and changed its name to TSP Wind Power Group Co., Ltd. in March 2025. Shanghai Taisheng Wind Power Equipment Co., Ltd. was founded in 1995 … Read more