Changsha Kaiyuan Instruments (300338) - Cash Flow Conversion Efficiency

Latest as of June 2023: -0.385x

Based on the latest financial reports, Changsha Kaiyuan Instruments (300338) has a cash flow conversion efficiency ratio of -0.385x 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¥-44.21 Million ≈ $-6.47 Million USD) by net assets (CN¥114.98 Million ≈ $16.83 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 Changsha Kaiyuan Instruments liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Changsha Kaiyuan Instruments - Cash Flow Conversion Efficiency Trend (2009–2024)

This chart illustrates how Changsha Kaiyuan Instruments's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Changsha Kaiyuan Instruments Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Changsha Kaiyuan Instruments ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
C. Mer Industries Ltd TA:CMER	0.279x
Rich Development Co Ltd TWO:5512	0.002x
QuantaSing Group Limited American Depositary Shares NASDAQ:QSG	0.061x
CHINA KEPEI ED. DL-00001 F:9CK	N/A
Legal & General Group PLC LSE:LGEN	2.275x
Amway (Malaysia) Holdings Bhd KLSE:6351	0.283x
Rhom Bho Property Public Company Limited BK:TITLE	-0.254x
MAKUS Inc KQ:093520	0.021x

Annual Cash Flow Conversion Efficiency for Changsha Kaiyuan Instruments (2009–2024)

The table below shows the annual cash flow conversion efficiency of Changsha Kaiyuan Instruments from 2009 to 2024. For the full company profile with market capitalisation and key ratios, see 300338 market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥26.22 Million ≈ $3.84 Million	CN¥-3.64 Million ≈ $-533.13K	-0.139x	-111.85%
2023-12-31	CN¥-113.76 Million ≈ $-16.65 Million	CN¥-133.36 Million ≈ $-19.51 Million	1.172x	+228.78%
2022-12-31	CN¥82.44 Million ≈ $12.06 Million	CN¥-75.04 Million ≈ $-10.98 Million	-0.910x	-302.72%
2021-12-31	CN¥32.59 Million ≈ $4.77 Million	CN¥-7.37 Million ≈ $-1.08 Million	-0.226x	-49.71%
2020-12-31	CN¥504.45 Million ≈ $73.82 Million	CN¥-76.17 Million ≈ $-11.15 Million	-0.151x	-233.35%
2019-12-31	CN¥1.46 Billion ≈ $213.95 Million	CN¥165.56 Million ≈ $24.23 Million	0.113x	-16.66%
2018-12-31	CN¥2.25 Billion ≈ $329.61 Million	CN¥306.04 Million ≈ $44.78 Million	0.136x	-16.16%
2017-12-31	CN¥2.14 Billion ≈ $312.83 Million	CN¥346.45 Million ≈ $50.70 Million	0.162x	+269.88%
2016-12-31	CN¥762.68 Million ≈ $111.60 Million	CN¥33.42 Million ≈ $4.89 Million	0.044x	+258.09%
2015-12-31	CN¥759.95 Million ≈ $111.20 Million	CN¥-21.06 Million ≈ $-3.08 Million	-0.028x	-158.70%
2014-12-31	CN¥765.33 Million ≈ $111.99 Million	CN¥36.13 Million ≈ $5.29 Million	0.047x	+29.86%
2013-12-31	CN¥744.88 Million ≈ $109.00 Million	CN¥27.08 Million ≈ $3.96 Million	0.036x	-71.93%
2011-12-31	CN¥299.60 Million ≈ $43.84 Million	CN¥38.81 Million ≈ $5.68 Million	0.130x	+2.85%
2010-12-31	CN¥244.10 Million ≈ $35.72 Million	CN¥30.74 Million ≈ $4.50 Million	0.126x	+10.25%
2009-12-31	CN¥163.45 Million ≈ $23.92 Million	CN¥18.67 Million ≈ $2.73 Million	0.114x	--

About Changsha Kaiyuan Instruments

SHE:300338 China Scientific & Technical Instruments

Market Cap

$190.30 Million

CN¥1.30 Billion CNY

Market Cap Rank

#16844 Global

#4647 in China

Share Price

CN¥3.23

Change (1 day)

-0.62%

52-Week Range

CN¥3.06 - CN¥4.69

All Time High

CN¥27.51