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 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

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.

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
ODAS Elektrik Uretim Sanayi Ticaret AS IS:ODAS	-0.030x
Roche Bobois PA:RBO	0.311x
Pure Cycle Corporation NASDAQ:PCYO	-0.028x
Profit Cultural & Creative Group Co Ltd SHE:300640	-0.018x
MTM Critical Metals Ltd AU:MTM	-0.097x
Nanning Baling Technology SHE:002592	-0.008x
Transcontinental Inc TO:TCL-A	-0.095x
Suzhou Iron Technology Co. Ltd. A SHG:688329	0.053x

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 300245 market cap.

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

$263.37 Million

CN¥1.80 Billion CNY

Market Cap Rank

#15540 Global

#4560 in China

Share Price

CN¥5.90

Change (1 day)

-4.53%

52-Week Range

CN¥5.62 - CN¥20.03

All Time High

CN¥42.01