Tong Oil Tools (300164) - Cash Flow Conversion Efficiency

Latest as of June 2023: 0.020x

Based on the latest financial reports, Tong Oil Tools (300164) has a cash flow conversion efficiency ratio of 0.020x as of June 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¥27.40 Million ≈ $4.01 Million USD) by net assets (CN¥1.36 Billion ≈ $199.40 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Tong Oil Tools - Cash Flow Conversion Efficiency Trend (2007–2024)

This chart illustrates how Tong Oil Tools's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Tong Oil Tools carry for a breakdown of total debt and financial obligations.

Tong Oil Tools Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Tong Oil Tools ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Hnac Technology Co Ltd SHE:300490	0.023x
Radware Ltd NASDAQ:RDWR	0.044x
Nanjing Vazyme Biotech Co Ltd SHG:688105	0.020x
Kelington Group Bhd KLSE:0151	-0.065x
Shenzhen Feima International Supply Chain Co Ltd SHE:002210	0.042x
Sumavision Technologies SHE:300079	0.016x
OVH GROUPE UNSP.ADR/1/2 F:7U70	N/A
ArcherMind Technology Nanjing Co Ltd SHE:300598	0.008x

Annual Cash Flow Conversion Efficiency for Tong Oil Tools (2007–2024)

The table below shows the annual cash flow conversion efficiency of Tong Oil Tools from 2007 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Tong Oil Tools.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.41 Billion ≈ $205.86 Million	CN¥123.20 Million ≈ $18.03 Million	0.088x	-7.93%
2023-12-31	CN¥1.34 Billion ≈ $196.27 Million	CN¥127.57 Million ≈ $18.67 Million	0.095x	+36.23%
2022-12-31	CN¥1.11 Billion ≈ $162.63 Million	CN¥77.60 Million ≈ $11.36 Million	0.070x	-17.90%
2021-12-31	CN¥957.70 Million ≈ $140.14 Million	CN¥81.45 Million ≈ $11.92 Million	0.085x	+1950.50%
2020-12-31	CN¥962.68 Million ≈ $140.87 Million	CN¥3.99 Million ≈ $584.25K	0.004x	-95.43%
2019-12-31	CN¥1.87 Billion ≈ $274.07 Million	CN¥170.01 Million ≈ $24.88 Million	0.091x	-17.71%
2018-12-31	CN¥1.83 Billion ≈ $267.81 Million	CN¥201.88 Million ≈ $29.54 Million	0.110x	+1591.95%
2017-12-31	CN¥2.01 Billion ≈ $294.80 Million	CN¥13.13 Million ≈ $1.92 Million	0.007x	+169.46%
2016-12-31	CN¥1.64 Billion ≈ $240.17 Million	CN¥-15.41 Million ≈ $-2.25 Million	-0.009x	-107.61%
2015-12-31	CN¥1.60 Billion ≈ $234.53 Million	CN¥197.63 Million ≈ $28.92 Million	0.123x	+761.73%
2012-12-31	CN¥1.18 Billion ≈ $172.12 Million	CN¥16.83 Million ≈ $2.46 Million	0.014x	-69.25%
2010-12-31	CN¥296.60 Million ≈ $43.40 Million	CN¥13.80 Million ≈ $2.02 Million	0.047x	-7.77%
2009-12-31	CN¥242.42 Million ≈ $35.47 Million	CN¥12.23 Million ≈ $1.79 Million	0.050x	-79.45%
2008-12-31	CN¥118.51 Million ≈ $17.34 Million	CN¥29.09 Million ≈ $4.26 Million	0.245x	-52.89%
2007-12-31	CN¥88.05 Million ≈ $12.88 Million	CN¥45.88 Million ≈ $6.71 Million	0.521x	--

About Tong Oil Tools

SHE:300164 China Oil & Gas Equipment & Services

Market Cap

$1.16 Billion

CN¥7.93 Billion CNY

Market Cap Rank

#8471 Global

#2191 in China

Share Price

CN¥13.48

Change (1 day)

+1.97%

52-Week Range

CN¥3.93 - CN¥24.56

All Time High

CN¥24.56