Shanghai Dragonnet Tech (300245) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-5.74 Million USD) by net assets (CN¥1.43 Billion ≈ $209.90 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 300245 equity financing ratio to measure how much of total assets are equity-financed.

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. Check Shanghai Dragonnet Tech cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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
ioneer Ltd American Depositary Shares NASDAQ:IONR	0.015x
Izmir Firca Sanayi ve Ticaret IS:IZFAS	0.114x
Kina Securities Ltd AU:KSL	0.015x
Huasi Agricultural Development Co Ltd SHE:002494	-0.003x
Smart Share Global Ltd ADR NASDAQ:EM	0.043x
Galan Lithium Ltd AU:GLN	-0.008x
United Orthopedic TWO:4129	0.053x
Praetorian Acquisition Corp. Class A Ordinary Shares NASDAQ:PTOR	N/A

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. For the full company profile with market capitalisation and key ratios, see Shanghai Dragonnet Tech stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.28 Billion ≈ $187.08 Million	CN¥-114.48 Million ≈ $-16.75 Million	-0.090x	-1939.07%
2023-12-31	CN¥1.39 Billion ≈ $203.41 Million	CN¥-6.10 Million ≈ $-893.20K	-0.004x	+91.79%
2022-12-31	CN¥1.46 Billion ≈ $213.71 Million	CN¥-78.12 Million ≈ $-11.43 Million	-0.053x	-233.57%
2021-12-31	CN¥1.53 Billion ≈ $223.24 Million	CN¥61.09 Million ≈ $8.94 Million	0.040x	+384.14%
2020-12-31	CN¥1.50 Billion ≈ $218.83 Million	CN¥12.37 Million ≈ $1.81 Million	0.008x	-75.83%
2019-12-31	CN¥1.45 Billion ≈ $212.76 Million	CN¥49.75 Million ≈ $7.28 Million	0.034x	+17.82%
2018-12-31	CN¥1.40 Billion ≈ $204.58 Million	CN¥40.60 Million ≈ $5.94 Million	0.029x	-13.44%
2017-12-31	CN¥1.37 Billion ≈ $200.68 Million	CN¥46.01 Million ≈ $6.73 Million	0.034x	-54.15%
2016-12-31	CN¥758.70 Million ≈ $111.02 Million	CN¥55.51 Million ≈ $8.12 Million	0.073x	+49.82%
2015-12-31	CN¥695.60 Million ≈ $101.79 Million	CN¥33.97 Million ≈ $4.97 Million	0.049x	-37.45%
2014-12-31	CN¥690.95 Million ≈ $101.11 Million	CN¥53.95 Million ≈ $7.89 Million	0.078x	+6.44%
2013-12-31	CN¥609.17 Million ≈ $89.14 Million	CN¥44.69 Million ≈ $6.54 Million	0.073x	-26.18%
2012-12-31	CN¥529.92 Million ≈ $77.54 Million	CN¥52.66 Million ≈ $7.71 Million	0.099x	+62.60%
2011-12-31	CN¥484.88 Million ≈ $70.95 Million	CN¥29.63 Million ≈ $4.34 Million	0.061x	-78.91%
2010-12-31	CN¥115.49 Million ≈ $16.90 Million	CN¥33.46 Million ≈ $4.90 Million	0.290x	-44.55%
2009-12-31	CN¥71.89 Million ≈ $10.52 Million	CN¥37.56 Million ≈ $5.50 Million	0.523x	+69.57%
2008-12-31	CN¥58.63 Million ≈ $8.58 Million	CN¥18.07 Million ≈ $2.64 Million	0.308x	--

About Shanghai Dragonnet Tech

SHE:300245 China Information Technology Services

Market Cap

$253.55 Million

CN¥1.73 Billion CNY

Market Cap Rank

#15553 Global

#4561 in China

Share Price

CN¥5.68

Change (1 day)

+1.79%

52-Week Range

CN¥4.95 - CN¥19.30

All Time High

CN¥42.01