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 balance sheet independence to measure how much of total assets are equity-financed.

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. Check 300493 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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
Beijing Watertek Information Technology Co Ltd SHE:300324	0.004x
Lancy Co Ltd SHE:002612	0.018x
Valeura Energy Inc TO:VLE	0.227x
Bangkok Life Assurance Public Company Limited F:XBLA	-0.075x
Metalurgica Gerdau S.A SA:GOAU3	0.025x
Foschini Group Ltd JSE:TFG	0.256x
Beijing Qianjing Landscape Co SHG:603778	0.167x
Inrom Construction Industries Ltd TA:INRM	0.023x

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 300493 market cap overview.

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

$955.47 Million

CN¥6.53 Billion CNY

Market Cap Rank

#8997 Global

#2177 in China

Share Price

CN¥12.74

Change (1 day)

-0.62%

52-Week Range

CN¥11.85 - CN¥25.25

All Time High

CN¥860464.27