M Grass Ecology and Environment Group Co Ltd (300355) - Cash Flow Conversion Efficiency
Based on the latest financial reports, M Grass Ecology and Environment Group Co Ltd (300355) has a cash flow conversion efficiency ratio of 0.100x 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¥585.72 Million ≈ $85.71 Million USD) by net assets (CN¥5.88 Billion ≈ $860.13 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
M Grass Ecology and Environment Group Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how M Grass Ecology and Environment Group Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read M Grass Ecology and Environment Group Co debt and liabilities for a breakdown of total debt and financial obligations.
M Grass Ecology and Environment Group Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of M Grass Ecology and Environment Group Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Theravance Biopharma Inc
NASDAQ:TBPH
|
-0.020x |
|
SHENWAN HONGYUAN GR.H YC1
F:2X2A
|
-0.013x |
|
Scandinavian Tobacco Group A/S
CO:STG
|
0.027x |
|
Shanghai Kelai Mechatronics
SHG:603960
|
0.027x |
|
Yatharth Hospital & Trauma Care Services Limited
NSE:YATHARTH
|
0.006x |
|
Shinkong Synthetic Fiber Corp
TW:1409
|
-0.061x |
|
Shenzhen Weiguang Biological Products Co Ltd
SHE:002880
|
0.022x |
|
Tsakos Energy Navigation Ltd
NYSE:TEN
|
0.046x |
Annual Cash Flow Conversion Efficiency for M Grass Ecology and Environment Group Co Ltd (2011–2024)
The table below shows the annual cash flow conversion efficiency of M Grass Ecology and Environment Group Co Ltd from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see 300355 company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥5.00 Billion ≈ $732.36 Million |
CN¥1.58 Billion ≈ $231.00 Million |
0.315x | +9.78% |
| 2023-12-31 | CN¥5.92 Billion ≈ $865.61 Million |
CN¥1.70 Billion ≈ $248.71 Million |
0.287x | +369.88% |
| 2022-12-31 | CN¥5.74 Billion ≈ $840.47 Million |
CN¥351.20 Million ≈ $51.39 Million |
0.061x | -39.27% |
| 2021-12-31 | CN¥5.76 Billion ≈ $842.44 Million |
CN¥579.66 Million ≈ $84.82 Million |
0.101x | +226.64% |
| 2020-12-31 | CN¥5.49 Billion ≈ $803.90 Million |
CN¥-436.77 Million ≈ $-63.91 Million |
-0.080x | +3.85% |
| 2019-12-31 | CN¥5.35 Billion ≈ $782.54 Million |
CN¥-442.18 Million ≈ $-64.71 Million |
-0.083x | +81.55% |
| 2018-12-31 | CN¥4.18 Billion ≈ $611.34 Million |
CN¥-1.87 Billion ≈ $-273.91 Million |
-0.448x | -518.22% |
| 2017-12-31 | CN¥3.92 Billion ≈ $574.12 Million |
CN¥420.32 Million ≈ $61.51 Million |
0.107x | +211.92% |
| 2016-12-31 | CN¥3.08 Billion ≈ $450.23 Million |
CN¥105.68 Million ≈ $15.46 Million |
0.034x | -9.78% |
| 2015-12-31 | CN¥2.22 Billion ≈ $324.95 Million |
CN¥84.54 Million ≈ $12.37 Million |
0.038x | -47.43% |
| 2011-12-31 | CN¥319.35 Million ≈ $46.73 Million |
CN¥23.13 Million ≈ $3.38 Million |
0.072x | -- |
About M Grass Ecology and Environment Group Co Ltd
M-Grass Ecology And Environment (Group) Co., Ltd. engages in the seed industry technology and ecological restoration businesses. The company is involved in grassland restoration, mine and barren mountain/slope restoration, desert and sand land control, saline land improvement and soil rehabilitation, dump/wasteland rehabilitation, water- efficient landscaping and sponge cities, and sports turf pl… Read more