Tanac Automation Co Ltd (300461) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Tanac Automation Co Ltd (300461) has a cash flow conversion efficiency ratio of -0.038x 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¥-25.04 Million ≈ $-3.66 Million USD) by net assets (CN¥665.62 Million ≈ $97.40 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Tanac Automation Co Ltd - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Tanac Automation Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Tanac Automation Co Ltd debt and liabilities for a breakdown of total debt and financial obligations.
Tanac Automation Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tanac Automation Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mahanagar Gas Limited
NSE:MGL
|
0.003x |
|
YCC CORP
KQ:232140
|
0.072x |
|
Jiangsu Favored Nanotechnology Co. Ltd. A
SHG:688371
|
N/A |
|
H&K AG
PA:MLHK
|
0.239x |
|
Kinh Bac City Development Share Holding Corp
VN:KBC
|
-0.106x |
|
China Harzone Industry Corp Ltd
SHE:300527
|
0.010x |
|
Malion New Materials Co Ltd
SHE:300586
|
0.008x |
|
GCI Liberty, Inc.
NASDAQ:GLIBK
|
0.040x |
Annual Cash Flow Conversion Efficiency for Tanac Automation Co Ltd (2014–2024)
The table below shows the annual cash flow conversion efficiency of Tanac Automation Co Ltd from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Tanac Automation Co Ltd worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥507.75 Million ≈ $74.30 Million |
CN¥-39.62 Million ≈ $-5.80 Million |
-0.078x | +43.40% |
| 2023-12-31 | CN¥667.59 Million ≈ $97.69 Million |
CN¥-92.02 Million ≈ $-13.47 Million |
-0.138x | -675.80% |
| 2022-12-31 | CN¥666.64 Million ≈ $97.55 Million |
CN¥-11.84 Million ≈ $-1.73 Million |
-0.018x | -106.19% |
| 2021-12-31 | CN¥245.49 Million ≈ $35.92 Million |
CN¥70.51 Million ≈ $10.32 Million |
0.287x | +196.90% |
| 2020-12-31 | CN¥147.34 Million ≈ $21.56 Million |
CN¥14.25 Million ≈ $2.09 Million |
0.097x | -88.67% |
| 2019-12-31 | CN¥30.29 Million ≈ $4.43 Million |
CN¥25.85 Million ≈ $3.78 Million |
0.854x | +107.60% |
| 2018-12-31 | CN¥341.15 Million ≈ $49.92 Million |
CN¥140.27 Million ≈ $20.53 Million |
0.411x | +533.84% |
| 2017-12-31 | CN¥442.05 Million ≈ $64.69 Million |
CN¥-41.89 Million ≈ $-6.13 Million |
-0.095x | -52.30% |
| 2016-12-31 | CN¥363.10 Million ≈ $53.13 Million |
CN¥-22.60 Million ≈ $-3.31 Million |
-0.062x | -265.56% |
| 2015-12-31 | CN¥296.81 Million ≈ $43.43 Million |
CN¥11.16 Million ≈ $1.63 Million |
0.038x | -86.63% |
| 2014-12-31 | CN¥195.06 Million ≈ $28.54 Million |
CN¥54.83 Million ≈ $8.02 Million |
0.281x | -- |
About Tanac Automation Co Ltd
Tanac Automation Co., Ltd. produces and sells of automated electromechanical equipment, automation systems, automated machinery, and electronic and mechanical components. It offers wireless charging coil equipment, induction cooker high-frequency heating coil equipment, transformer six-axis high-speed casing machine, transformer/relay standard winding equipment, air-core coil winding equipment, m… Read more