Shenzhen Absen Optoelectronic Co Ltd (300389) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Shenzhen Absen Optoelectronic Co Ltd (300389) has a cash flow conversion efficiency ratio of 0.210x as of September 2025. 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¥348.87 Million ≈ $51.05 Million USD) by net assets (CN¥1.66 Billion ≈ $243.49 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 300389 equity to assets ratio to measure how much of total assets are equity-financed.
Shenzhen Absen Optoelectronic Co Ltd - Cash Flow Conversion Efficiency Trend (2009–2024)
This chart illustrates how Shenzhen Absen Optoelectronic Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Shenzhen Absen Optoelectronic Co Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Shenzhen Absen Optoelectronic Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shenzhen Absen Optoelectronic Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Inti Bangun Sejahtera Tbk
JK:IBST
|
0.171x |
|
2G Energy AG
XETRA:2GB
|
-0.175x |
|
Viaplay Group AB (publ)
ST:VPLAY-B
|
0.037x |
|
Teyi Pharmaceutical Group Co Ltd
SHE:002728
|
0.029x |
|
Shanghai Huitong Energy Co Ltd
SHG:600605
|
-0.034x |
|
Skipper Limited
NSE:SKIPPER
|
0.092x |
|
BlackRock Utility & Infrastructure Trust
NYSE:BUI
|
-0.010x |
|
Ranhill Holdings Ltd
KLSE:5272
|
0.153x |
Annual Cash Flow Conversion Efficiency for Shenzhen Absen Optoelectronic Co Ltd (2009–2024)
The table below shows the annual cash flow conversion efficiency of Shenzhen Absen Optoelectronic Co Ltd from 2009 to 2024. For the full company profile with market capitalisation and key ratios, see 300389 market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.54 Billion ≈ $224.88 Million |
CN¥152.72 Million ≈ $22.35 Million |
0.099x | -72.59% |
| 2023-12-31 | CN¥1.46 Billion ≈ $213.86 Million |
CN¥529.84 Million ≈ $77.53 Million |
0.363x | -37.47% |
| 2022-12-31 | CN¥1.18 Billion ≈ $173.22 Million |
CN¥686.31 Million ≈ $100.43 Million |
0.580x | +211.29% |
| 2021-12-31 | CN¥1.22 Billion ≈ $177.83 Million |
CN¥226.34 Million ≈ $33.12 Million |
0.186x | +884.99% |
| 2020-12-31 | CN¥1.19 Billion ≈ $174.10 Million |
CN¥-28.23 Million ≈ $-4.13 Million |
-0.024x | -110.15% |
| 2019-12-31 | CN¥1.28 Billion ≈ $186.78 Million |
CN¥298.52 Million ≈ $43.68 Million |
0.234x | +27.88% |
| 2018-12-31 | CN¥1.27 Billion ≈ $186.09 Million |
CN¥232.58 Million ≈ $34.03 Million |
0.183x | +2.38% |
| 2017-12-31 | CN¥1.05 Billion ≈ $153.31 Million |
CN¥187.16 Million ≈ $27.39 Million |
0.179x | +147.75% |
| 2016-12-31 | CN¥982.82 Million ≈ $143.82 Million |
CN¥70.86 Million ≈ $10.37 Million |
0.072x | +362.10% |
| 2015-12-31 | CN¥862.83 Million ≈ $126.26 Million |
CN¥-23.74 Million ≈ $-3.47 Million |
-0.028x | -110.82% |
| 2014-12-31 | CN¥737.55 Million ≈ $107.93 Million |
CN¥187.56 Million ≈ $27.45 Million |
0.254x | -47.77% |
| 2013-12-31 | CN¥347.84 Million ≈ $50.90 Million |
CN¥169.36 Million ≈ $24.78 Million |
0.487x | -0.15% |
| 2012-12-31 | CN¥263.82 Million ≈ $38.61 Million |
CN¥128.65 Million ≈ $18.83 Million |
0.488x | +17.23% |
| 2011-12-31 | CN¥162.64 Million ≈ $23.80 Million |
CN¥67.65 Million ≈ $9.90 Million |
0.416x | -21.12% |
| 2010-12-31 | CN¥81.72 Million ≈ $11.96 Million |
CN¥43.09 Million ≈ $6.31 Million |
0.527x | -36.98% |
| 2009-12-31 | CN¥58.48 Million ≈ $8.56 Million |
CN¥48.94 Million ≈ $7.16 Million |
0.837x | -- |
About Shenzhen Absen Optoelectronic Co Ltd
Shenzhen Absen Optoelectronic Co.,Ltd. engages in the research and development, production, sales, and service of LED application products in China. The company provides LED large-screen display products and professional audio-visual solutions; and indoor, outdoor, rental, MicroLED, AbsenLive, All-in-One Screen, and creative display solutions. Its products are used in DOOH, retail, commercial dis… Read more