NanJing Sanchao Advanced Materials Co Ltd
NanJing Sanchao Advanced Materials Co.,Ltd. researches, develops, and manufactures diamond and CBN tools for automobile, semiconductor, photovoltaic solar, and cemented carbide industries. It offers electroplated diamond wires, diamond wires for sapphire and silicon slicing, and silicon bricking/squaring/cropping; precision tools, including dicing blades, edge wheel for sapphire wafers, notched w… Read more
NanJing Sanchao Advanced Materials Co Ltd (300554) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: -0.049x
Based on the latest financial reports, NanJing Sanchao Advanced Materials Co Ltd (300554) has a cash flow conversion efficiency ratio of -0.049x as of September 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¥-40.25 Million) by net assets (CN¥815.24 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
NanJing Sanchao Advanced Materials Co Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how NanJing Sanchao Advanced Materials 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.
NanJing Sanchao Advanced Materials Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NanJing Sanchao Advanced Materials Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nantong Acetic Acid Chemical Co Ltd
SHG:603968
|
-0.034x |
|
Aeon Credit Service Bhd
KLSE:5139
|
-0.076x |
|
Beijing SunwayWorld Science & Technology Co. Ltd.
SHE:301159
|
N/A |
|
Advanced Ceramic X
TWO:3152
|
0.017x |
|
Zhejiang Dayang Biotech Group Co
SHE:003017
|
0.001x |
|
Sichuan Zigong Conveying Machine Group Co Ltd
SHE:001288
|
-0.067x |
|
Zhejiang Aokang Shoes Co Ltd
SHG:603001
|
0.002x |
|
Critical Metals Corp. Warrants
NASDAQ:CRMLW
|
-0.065x |
Annual Cash Flow Conversion Efficiency for NanJing Sanchao Advanced Materials Co Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of NanJing Sanchao Advanced Materials Co Ltd from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥670.12 Million | CN¥11.06 Million | 0.017x | +155.00% |
| 2023-12-31 | CN¥812.01 Million | CN¥-24.38 Million | -0.030x | +84.47% |
| 2022-12-31 | CN¥665.00 Million | CN¥-128.53 Million | -0.193x | -192.68% |
| 2021-12-31 | CN¥495.16 Million | CN¥103.26 Million | 0.209x | +1115.87% |
| 2020-12-31 | CN¥574.86 Million | CN¥-11.80 Million | -0.021x | -115.61% |
| 2019-12-31 | CN¥500.37 Million | CN¥65.81 Million | 0.132x | -28.37% |
| 2018-12-31 | CN¥500.10 Million | CN¥91.83 Million | 0.184x | +35.66% |
| 2017-12-31 | CN¥473.48 Million | CN¥64.09 Million | 0.135x | +282.66% |
| 2016-12-31 | CN¥223.59 Million | CN¥7.91 Million | 0.035x | -- |