Shanghai Fortune Techgroup Co Ltd (300493) - Cash Flow Conversion Efficiency

Latest 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 ≈ $17.46 Million USD) by net assets (CN¥1.06 Billion ≈ $155.34 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 Shanghai Fortune Techgroup Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

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.

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
Changzhou Qianhong Biopharma Co Ltd SHE:002550	0.055x
SFL Corporation Ltd NYSE:SFL	0.067x
Shandong Intco Recycling Resources Co Ltd SHG:688087	0.064x
Jiangsu Seagull Cooling Tower SHG:603269	0.232x
Shen Ma Industry Co Ltd SHG:600810	0.024x
Mercialys SA PA:MERY	0.084x
Old Second Bancorp Inc NASDAQ:OSBC	0.041x
Plejd AB (publ) F:3CA	0.115x

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. For the full company profile with market capitalisation and key ratios, see Shanghai Fortune Techgroup Co Ltd (300493) market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.10 Billion ≈ $161.34 Million	CN¥47.60 Million ≈ $6.96 Million	0.043x	-66.70%
2023-12-31	CN¥1.07 Billion ≈ $155.93 Million	CN¥138.12 Million ≈ $20.21 Million	0.130x	+189.48%
2022-12-31	CN¥1.02 Billion ≈ $149.90 Million	CN¥-148.39 Million ≈ $-21.71 Million	-0.145x	-8.99%
2021-12-31	CN¥800.53 Million ≈ $117.14 Million	CN¥-106.40 Million ≈ $-15.57 Million	-0.133x	-214.41%
2020-12-31	CN¥753.44 Million ≈ $110.25 Million	CN¥87.53 Million ≈ $12.81 Million	0.116x	-67.83%
2019-12-31	CN¥746.90 Million ≈ $109.29 Million	CN¥269.68 Million ≈ $39.46 Million	0.361x	+822.08%
2018-12-31	CN¥731.32 Million ≈ $107.01 Million	CN¥-36.57 Million ≈ $-5.35 Million	-0.050x	-148.62%
2017-12-31	CN¥502.35 Million ≈ $73.51 Million	CN¥51.66 Million ≈ $7.56 Million	0.103x	+119.66%
2016-12-31	CN¥477.90 Million ≈ $69.93 Million	CN¥-250.00 Million ≈ $-36.58 Million	-0.523x	-597.64%
2015-12-31	CN¥456.13 Million ≈ $66.75 Million	CN¥-34.20 Million ≈ $-5.01 Million	-0.075x	-123.25%
2013-12-31	CN¥238.65 Million ≈ $34.92 Million	CN¥76.98 Million ≈ $11.26 Million	0.323x	+377.20%
2012-12-31	CN¥219.11 Million ≈ $32.06 Million	CN¥14.81 Million ≈ $2.17 Million	0.068x	--

About Shanghai Fortune Techgroup Co Ltd

SHE:300493 China Semiconductors

Market Cap

$1.09 Billion

CN¥7.48 Billion CNY

Market Cap Rank

#8683 Global

#2157 in China

Share Price

CN¥14.60

Change (1 day)

+1.81%

52-Week Range

CN¥13.28 - CN¥25.25

All Time High

CN¥860464.27