Shanghai Fortune Techgroup Co Ltd
Shanghai Fortune Techgroup Co., Ltd. provides semiconductor products and solutions in China. The company also distribution, application design and technological innovation of wireless communication, radio frequency and power amplifier type of components, sensors and others, as well as module for NBIoT (5G) usage. It provides various solutions for smart home, smart cities, surveillance, and finger… Read more
Shanghai Fortune Techgroup Co Ltd (300493) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.112x
Based on the latest financial reports, Shanghai Fortune Techgroup Co Ltd (300493) has a cash flow conversion efficiency ratio of 0.112x 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¥119.33 Million) by net assets (CN¥1.06 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shanghai Fortune Techgroup Co Ltd - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Shanghai Fortune Techgroup Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Shanghai Fortune Techgroup Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shanghai Fortune Techgroup Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Appian Corp
NASDAQ:APPN
|
-0.100x |
|
TOMPK.FINL CORP. DL-10
F:8J0
|
N/A |
|
CS Wind Corp
KO:112610
|
0.213x |
|
Zhejiang Fenglong Electric Co Ltd Class A
SHE:002931
|
0.012x |
|
Affle (India) Limited
NSE:AFFLE
|
0.056x |
|
Attendo AB (publ)
ST:ATT
|
0.174x |
|
Guangzhou Zhiguang Electric Co Ltd
SHE:002169
|
-0.008x |
|
Norwegian Air Shuttle ASA
PINK:NWARF
|
0.037x |
Annual Cash Flow Conversion Efficiency for Shanghai Fortune Techgroup Co Ltd (2012–2024)
The table below shows the annual cash flow conversion efficiency of Shanghai Fortune Techgroup Co Ltd from 2012 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.10 Billion | CN¥47.60 Million | 0.043x | -66.70% |
| 2023-12-31 | CN¥1.07 Billion | CN¥138.12 Million | 0.130x | +189.48% |
| 2022-12-31 | CN¥1.02 Billion | CN¥-148.39 Million | -0.145x | -8.99% |
| 2021-12-31 | CN¥800.53 Million | CN¥-106.40 Million | -0.133x | -214.41% |
| 2020-12-31 | CN¥753.44 Million | CN¥87.53 Million | 0.116x | -67.83% |
| 2019-12-31 | CN¥746.90 Million | CN¥269.68 Million | 0.361x | +822.08% |
| 2018-12-31 | CN¥731.32 Million | CN¥-36.57 Million | -0.050x | -148.62% |
| 2017-12-31 | CN¥502.35 Million | CN¥51.66 Million | 0.103x | +119.66% |
| 2016-12-31 | CN¥477.90 Million | CN¥-250.00 Million | -0.523x | -597.64% |
| 2015-12-31 | CN¥456.13 Million | CN¥-34.20 Million | -0.075x | -123.25% |
| 2013-12-31 | CN¥238.65 Million | CN¥76.98 Million | 0.323x | +377.20% |
| 2012-12-31 | CN¥219.11 Million | CN¥14.81 Million | 0.068x | -- |