Shanghai Dragonnet Tech
Shanghai DragonNet Technology Co.,Ltd. engages in the provision of information technology (IT) services, infrastructure localization, and smart industry application solutions in China and internationally. The company offers IT support and maintenance services, such as system environment check, equipment health check, technical support response, fault resolution, parts replacement, and other suppo… Read more
Shanghai Dragonnet Tech (300245) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.027x
Based on the latest financial reports, Shanghai Dragonnet Tech (300245) has a cash flow conversion efficiency ratio of -0.027x 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¥-39.25 Million) by net assets (CN¥1.43 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shanghai Dragonnet Tech - Cash Flow Conversion Efficiency Trend (2008–2024)
This chart illustrates how Shanghai Dragonnet Tech's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Shanghai Dragonnet Tech Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shanghai Dragonnet Tech ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
HIT Welding Industry Co. Ltd.
SHE:301137
|
0.038x |
|
JSL Construction & Development Co Ltd
TW:2540
|
-0.226x |
|
Titan International Inc
NYSE:TWI
|
0.025x |
|
Agriculture & Natural Solutions Acquisition Corporation Class A Ordinary Shares
NASDAQ:ANSC
|
N/A |
|
Gentrack Group Ltd
AU:GTK
|
0.081x |
|
Nantong Chaoda Equipment Co.Ltd.
SHE:301186
|
0.046x |
|
Instone Real Estate Group AG
XETRA:INS
|
-0.012x |
|
Select Harvests Ltd
PINK:SHVTF
|
0.005x |
Annual Cash Flow Conversion Efficiency for Shanghai Dragonnet Tech (2008–2024)
The table below shows the annual cash flow conversion efficiency of Shanghai Dragonnet Tech from 2008 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.28 Billion | CN¥-114.48 Million | -0.090x | -1939.07% |
| 2023-12-31 | CN¥1.39 Billion | CN¥-6.10 Million | -0.004x | +91.79% |
| 2022-12-31 | CN¥1.46 Billion | CN¥-78.12 Million | -0.053x | -233.57% |
| 2021-12-31 | CN¥1.53 Billion | CN¥61.09 Million | 0.040x | +384.14% |
| 2020-12-31 | CN¥1.50 Billion | CN¥12.37 Million | 0.008x | -75.83% |
| 2019-12-31 | CN¥1.45 Billion | CN¥49.75 Million | 0.034x | +17.82% |
| 2018-12-31 | CN¥1.40 Billion | CN¥40.60 Million | 0.029x | -13.44% |
| 2017-12-31 | CN¥1.37 Billion | CN¥46.01 Million | 0.034x | -54.15% |
| 2016-12-31 | CN¥758.70 Million | CN¥55.51 Million | 0.073x | +49.82% |
| 2015-12-31 | CN¥695.60 Million | CN¥33.97 Million | 0.049x | -37.45% |
| 2014-12-31 | CN¥690.95 Million | CN¥53.95 Million | 0.078x | +6.44% |
| 2013-12-31 | CN¥609.17 Million | CN¥44.69 Million | 0.073x | -26.18% |
| 2012-12-31 | CN¥529.92 Million | CN¥52.66 Million | 0.099x | +62.60% |
| 2011-12-31 | CN¥484.88 Million | CN¥29.63 Million | 0.061x | -78.91% |
| 2010-12-31 | CN¥115.49 Million | CN¥33.46 Million | 0.290x | -44.55% |
| 2009-12-31 | CN¥71.89 Million | CN¥37.56 Million | 0.523x | +69.57% |
| 2008-12-31 | CN¥58.63 Million | CN¥18.07 Million | 0.308x | -- |